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Studio · 415 sqftAl Ghaf 1, Arjan · 3rd floor

316, Al Ghaf 1

Sold prices and rental history: sold once, by the developer in February 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 8 February 2023
Last soldAED 432K8 February 2023
Current rentAED 30K /yr26 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 316, Al Ghaf 1

What is 316 worth today?

Last sold for AED 431,666 in 2023

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8 Feb 2023Sold by developerReady
AED 431,666AED 1,039 per sqft
26 Jun 2022RentedRenewal
AED 30,000/yr12 months · AED 72 per sqft
26 May 2021RentedNew contract
AED 26,000/yr13 months · AED 63 per sqft

Source: Dubai Land Department. Updated 8 February 2023.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
3rd of 6
Parking
G-79
Service charge
AED 5,200 /yr
Last sold
AED 432K · February 2023
Building
Al Ghaf 1

About 316, Al Ghaf 1

316 is a studio of 415 sqft on the 3rd floor of Al Ghaf 1, a 6-storey tower in Arjan. The developer sold it on 8 February 2023 for AED 431,666, or AED 1,039 per sqft, in line with the AED 1,013 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 26 June 2022, is AED 30,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 5,200 a year.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical studio in Al Ghaf 1
400K500K600K20222023202420252026Typical sale price by year: 2022 AED 422,408; 2023 AED 432,172; 2024 AED 570,000; 2025 AED 630,000Sold by developer, February 2023: AED 431,666 (AED 1,039 per sqft)

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

Rents
Unit 316, 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 26,000 a yearRenewal, June 2022: AED 30,000 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 316 sits

All 47 studios →

316 last sold in February 2023 at AED 1,039 per sqft, in line with what studios in Al Ghaf 1 were fetching at the time (AED 1,013). 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. 316's AED 30,000 is at the bottom 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 3rd floor

All 125 units in Al Ghaf 1
Value
3012-bedAED 838K · Jun 2023
3023-bedAED 1.11M · Jul 2024
3033-bedAED 790K · Oct 2023
3044-bedAED 436K · Sep 2022
3053-bedAED 879K · Sep 2022
3063-bedAED 1.1M · Feb 2025
3073-bedAED 905K · Mar 2024
1–7 of 29

316, Al Ghaf 1 in numbers

  • Sold once: by the developer on 8 February 2023 for AED 431,666, or AED 1,039 per sqft.
  • Rented since May 2021 on 2 Ejari contracts, from AED 26,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 5,200 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 8 February 2023.

Questions about 316, Al Ghaf 1

What did unit 316 last sell for?

AED 431,666 on 8 February 2023, sold by the developer: AED 1,039 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 30,000 a year on the contract renewed on 26 June 2022. The previous contract, from May 2021, was AED 26,000.

How big is unit 316?

415 sqft (38.6 sqm): a studio on the 3rd floor of a 6-storey tower.

What is unit 316 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 316, Al Ghaf 1

Starts from the last sale price (AED 432K, 8 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 431,666
Deposit, UAE resident (20%)
AED 86,333
Deposit, non-resident (40%)
AED 172,666
Monthly over 25 years at 3.7%
AED 1,766

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