1-bed · 858 sqftBuilding 88, Arjan · 4th floor · completed 2020

407, Building 88

Sold prices and rental history: sold once, by the developer in November 2023, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 9 November 2023
Last soldAED 400K9 November 2023
Current rentAED 43K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Building 88

What is 407 worth today?

Last sold for AED 400,000 in 2023

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9 Nov 2023Sold by developerReady
AED 400,000AED 466 per sqft
1 Jun 2022RentedNew contract
AED 43,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 9 November 2023.

Key facts

Type
1-bed apartment
Size
858 sqft
Floor
4th of 4
Parking
G-51
Completed
2020
Service charge
AED 12,200 /yr
Last sold
AED 400K · November 2023
Building
Building 88

About 407, Building 88

407 is a one-bedroom apartment of 858 sqft on the 4th floor of Building 88, a 4-storey tower in Arjan completed in 2020. The developer sold it on 9 November 2023 for AED 400,000, or AED 466 per sqft, 21% below the AED 587 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2022. The current contract, signed on 1 June 2022, is AED 43,000 a year: a gross yield of 10.8% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Building 88
500K750K1M20222023202420252026Typical sale price by year: 2022 AED 500,000; 2023 AED 705,000; 2024 AED 798,007; 2025 AED 925,000Sold by developer, November 2023: AED 400,000 (AED 466 per sqft)

407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in Building 88
40K60K80K202220242026Typical rent by year: 2022 AED 45,000; 2023 AED 49,000; 2024 AED 71,000; 2025 AED 70,000; 2026 AED 77,500New contract, June 2022: AED 43,000 a year

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

1-beds in Building 88, and where 407 sits

All 56 1-beds →

407 last sold in November 2023 at AED 466 per sqft, 21% below what one-beds in Building 88 were fetching at the time (AED 587). Over the last 12 months one-beds sold for AED 940,000, around AED 1,105 per sqft, and rent for AED 60,000 to 80,000 a year. 407's AED 43,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jan 202681,877
31 Jul 2025965,000
25 Jun 2025880,000
15 Apr 2025950,000
2 1-bed sales in the last 12 months

Building 88

Building

64 apartments, studios to 1-bed over 4 floors in Arjan, completed in 2020. 2 sold in the last 12 months.

Typical price per sqft
AED 1,105
Typical sale
AED 940K
Typical rent
AED 75K /yr
Typical yield
7.8%
Building 88, Arjan: prices, sales and rents →

Other units on the 4th floor

All 64 units in Building 88
Value
4051-bedAED 400K · Dec 2022
4061-bedAED 400K · Oct 2023
4081-bedAED 400K · Dec 2022

407, Building 88 in numbers

  • Sold once: by the developer on 9 November 2023 for AED 400,000, or AED 466 per sqft.
  • Rented since June 2022 on one Ejari contract, at AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2023 price is 10.8%, before a service charge of about AED 12,200 a year (AED 14.22 per sqft).
  • One-beds in Building 88 sold for AED 940,000–940,000 in the 12 months to November 2026; the building's median across all types is AED 1,105 per sqft.

Source: Dubai Land Department. Updated 9 November 2023.

Questions about 407, Building 88

What did unit 407 last sell for?

AED 400,000 on 9 November 2023, sold by the developer: AED 466 per sqft for 858 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 43,000 a year on the contract signed on 1 June 2022.

How big is unit 407?

858 sqft (79.7 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2020.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Building 88 sold for AED 940,000 to 940,000 in the last 12 months, around AED 1,105 per sqft.

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Mortgage on 407, Building 88

Starts from the last sale price (AED 400K, 9 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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