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2-bed · 1,610 sqftDivine Residences, Arjan · 2nd floor · completed 2021

204, Divine Residences

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

Unit 204 · DLD and Ejari recordsUpdated 25 February 2022
Last soldAED 1.1M10 February 2022
Current rentAED 78K /yr25 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Divine Residences

What is 204 worth today?

Last sold for AED 1,100,000 in 2022

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25 Feb 2022RentedNew contract
AED 78,000/yr36 months · AED 48 per sqft
10 Feb 2022Sold by developerReady
AED 1,100,000AED 683 per sqft

Source: Dubai Land Department. Updated 25 February 2022.

Key facts

Type
2-bed apartment
Size
1,610 sqft
Floor
2nd of 6
Parking
G-111
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 1.1M · February 2022
Building
Divine Residences

About 204, Divine Residences

204 is a two-bedroom apartment of 1,610 sqft on the 2nd floor of Divine Residences, a 6-storey tower in Arjan completed in 2021 by Takmeel Real Estate Development . The developer sold it on 10 February 2022 for AED 1,100,000, or AED 683 per sqft, 13% below the AED 789 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 February 2022. The current contract, signed on 25 February 2022, is AED 78,000 a year: a gross yield of 7.1% on the 2022 price.

Sales and rents for 204 over time

Rents
Unit 204, each contractTypical two-bed in Divine Residences
70K80K202220242026Typical rent by year: 2022 AED 71,500; 2023 AED 75,000; 2024 AED 76,500; 2025 AED 85,000; 2026 AED 78,750New contract, February 2022: AED 78,000 a year

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

2-beds in Divine Residences, and where 204 sits

All 38 2-beds →

204 last sold in February 2022 at AED 683 per sqft, 13% below what two-beds in Divine Residences were fetching at the time (AED 789). 204's AED 78,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 20241,630,000
31 May 20241,170,000
30 Nov 2023844,053
25 Apr 2023750,000
0 2-bed sales in the last 12 months

Divine Residences

Building

169 apartments, studios to 2-bed over 6 floors in Arjan, completed in 2021 by Takmeel Real Estate Development . 5 sold in the last 12 months.

Typical price per sqft
AED 1,321
Typical sale
AED 620K
Typical rent
AED 56K /yr
Typical yield
8.1%
Divine Residences, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 169 units in Divine Residences
Value
2011-bedAED 666K · Jan 2022
2021-bedAED 925K · Jul 2024
2031-bedAED 1.02M · Jan 2025
2052-bedAED 1.06M · Apr 2022
2061-bedAED 653K · May 2022
2072-bedAED 848K · Jun 2022
2082-bedAED 930K · Jan 2022
1–7 of 29

204, Divine Residences in numbers

  • Sold once: by Takmeel Real Estate Development on 10 February 2022 for AED 1,100,000, or AED 683 per sqft.
  • Rented since February 2022 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2022 price is 7.1%.

Source: Dubai Land Department. Updated 25 February 2022.

Questions about 204, Divine Residences

What did unit 204 last sell for?

AED 1,100,000 on 10 February 2022, sold by the developer: AED 683 per sqft for 1,610 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 78,000 a year on the contract signed on 25 February 2022.

How big is unit 204?

1,610 sqft (149.6 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2021.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 204, Divine Residences

Starts from the last sale price (AED 1.1M, 10 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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