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Studio · 428 sqftAl Ghaf 1, Arjan · 3rd floor

324, Al Ghaf 1

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

Unit 324 · DLD and Ejari recordsUpdated 18 March 2025
Last soldAED 531K21 June 2023
Current rentAED 45K /yr18 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 324, Al Ghaf 1

What is 324 worth today?

Last sold for AED 531,245 in 2023

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18 Mar 2025RentedRenewal
AED 45,000/yr12 months · AED 105 per sqft
18 Mar 2024RentedNew contract
AED 45,000/yr12 months · AED 105 per sqft
21 Jun 2023Sold by developerReady
AED 531,245AED 1,242 per sqft
5 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 70 per sqft
3 Jun 2021RentedNew contract
AED 26,000/yr13 months · AED 61 per sqft

Source: Dubai Land Department. Updated 18 March 2025.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
3rd of 6
Parking
G-87
Service charge
AED 5,300 /yr
Last sold
AED 531K · June 2023
Building
Al Ghaf 1

About 324, Al Ghaf 1

324 is a studio of 428 sqft on the 3rd floor of Al Ghaf 1, a 6-storey tower in Arjan. The developer sold it on 21 June 2023 for AED 531,245, or AED 1,242 per sqft, 20% above the AED 1,039 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 18 March 2025, is AED 45,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 5,300 a year.

Sales and rents for 324 over time

Sales
Unit 324, 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, June 2023: AED 531,245 (AED 1,242 per sqft)

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

Rents
Unit 324, 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, June 2021: AED 26,000 a yearNew contract, August 2022: AED 30,000 a yearNew contract, March 2024: AED 45,000 a yearRenewal, March 2025: AED 45,000 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 324 sits

All 47 studios →

324 last sold in June 2023 at AED 1,242 per sqft, 20% above what studios in Al Ghaf 1 were fetching at the time (AED 1,039). 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. 324's AED 45,000 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

324, Al Ghaf 1 in numbers

  • Sold once: by the developer on 21 June 2023 for AED 531,245, or AED 1,242 per sqft.
  • Rented since June 2021 on 4 Ejari contracts, from AED 26,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 5,300 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 18 March 2025.

Questions about 324, Al Ghaf 1

What did unit 324 last sell for?

AED 531,245 on 21 June 2023, sold by the developer: AED 1,242 per sqft for 428 sqft. It is the only registered sale of the unit.

What is the rent for unit 324?

AED 45,000 a year on the contract renewed on 18 March 2025. The previous contract, from March 2024, was AED 45,000; the unit has been rented since June 2021.

How big is unit 324?

428 sqft (39.8 sqm): a studio on the 3rd floor of a 6-storey tower.

What is unit 324 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 324, Al Ghaf 1

Starts from the last sale price (AED 531K, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 531,245
Deposit, UAE resident (20%)
AED 106,249
Deposit, non-resident (40%)
AED 212,498
Monthly over 25 years at 3.7%
AED 2,173

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