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Studio · 458 sqftAl Ghaf 1, Arjan · 2nd floor

229, Al Ghaf 1

Sold prices and rental history: sold once, by the developer in March 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 229 · DLD and Ejari recordsUpdated 10 April 2025
Last soldAED 675K3 March 2025
Current rentAED 50K /yr10 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 229, Al Ghaf 1

What is 229 worth today?

Last sold for AED 675,000 in 2025

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10 Apr 2025RentedNew contract
AED 50,000/yr12 months · AED 108 per sqft
3 Mar 2025Sold by developerReady
AED 675,000AED 1,474 per sqft
30 Sep 2023RentedRenewal
AED 36,800/yr12 months · AED 80 per sqft
30 Sep 2022RentedNew contract
AED 32,000/yr12 months · AED 70 per sqft
19 May 2021RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 10 April 2025.

Key facts

Type
Studio apartment
Size
458 sqft
Floor
2nd of 6
Parking
G-62
Service charge
AED 5,700 /yr
Last sold
AED 675K · March 2025
Building
Al Ghaf 1

About 229, Al Ghaf 1

229 is a studio of 458 sqft on the 2nd floor of Al Ghaf 1, a 6-storey tower in Arjan. The developer sold it on 3 March 2025 for AED 675,000, or AED 1,474 per sqft, 5% above the AED 1,403 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 10 April 2025, is AED 50,000 a year: a gross yield of 7.4% on the 2025 price, before the service charge of about AED 5,700 a year.

Sales and rents for 229 over time

Sales
Unit 229, each saleTypical studio in Al Ghaf 1
400K600K20222023202420252026Typical sale price by year: 2022 AED 422,408; 2023 AED 432,172; 2024 AED 570,000; 2025 AED 630,000Sold by developer, March 2025: AED 675,000 (AED 1,474 per sqft)

229 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 229, each contractTypical studio in Al Ghaf 1
40K202120232025Typical rent by year: 2021 AED 26,000; 2022 AED 30,000; 2023 AED 35,500; 2024 AED 44,000; 2025 AED 49,000New contract, May 2021: AED 30,000 a yearNew contract, September 2022: AED 32,000 a yearRenewal, September 2023: AED 36,800 a yearNew contract, April 2025: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Ghaf 1, and where 229 sits

All 47 studios →

229 last sold in March 2025 at AED 1,474 per sqft, 5% above what studios in Al Ghaf 1 were fetching at the time (AED 1,403). Over the last 12 months studios sold for AED 595,000 to 630,000, around AED 1,459 per sqft, and rent for AED 47,000 to 56,000 a year. 229's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Dec 2025630,000
11 Dec 2025607,000
25 Jul 2025630,000
5 May 2025630,000
3 studio sales in the last 12 months

Al Ghaf 1

Building

125 apartments, studios to 4-bed over 6 floors in Arjan. 3 sold in the last 12 months.

Typical price per sqft
AED 1,459
Typical sale
AED 607K
Typical rent
AED 80K /yr
Typical yield
7.8%
Al Ghaf 1, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 125 units in Al Ghaf 1
Value
2012-bedAED 1M · Sep 2024
2023-bedAED 1.11M · Sep 2024
2033-bedAED 910K · Sep 2024
2044-bedAED 471K · Dec 2023
2053-bedAED 980K · Mar 2024
2063-bedAED 1.15M · Jan 2025
2073-bedAED 1.09M · Dec 2024
1–7 of 29

229, Al Ghaf 1 in numbers

  • Sold once: by the developer on 3 March 2025 for AED 675,000, or AED 1,474 per sqft.
  • Rented since May 2021 on 4 Ejari contracts, from AED 30,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 7.4%, before a service charge of about AED 5,700 a year (AED 12.41 per sqft).
  • Studios in Al Ghaf 1 sold for AED 595,000–630,000 in the 12 months to November 2026; the building's median across all types is AED 1,459 per sqft.

Source: Dubai Land Department. Updated 10 April 2025.

Questions about 229, Al Ghaf 1

What did unit 229 last sell for?

AED 675,000 on 3 March 2025, sold by the developer: AED 1,474 per sqft for 458 sqft. It is the only registered sale of the unit.

What is the rent for unit 229?

AED 50,000 a year on the contract signed on 10 April 2025. The previous contract, from September 2023, was AED 36,800; the unit has been rented since May 2021.

How big is unit 229?

458 sqft (42.5 sqm): a studio on the 2nd floor of a 6-storey tower.

What is unit 229 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Ghaf 1 sold for AED 595,000 to 630,000 in the last 12 months, around AED 1,459 per sqft.

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Mortgage on 229, Al Ghaf 1

Starts from the last sale price (AED 675K, 3 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →