Studio · 466 sqftDivine Residences, Arjan · 2nd floor · completed 2021

224, Divine Residences

Sold prices and rental history: sold once, by the developer in June 2022, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 224 · DLD and Ejari recordsUpdated 26 October 2024
Last soldAED 425K14 June 2022
Current rentAED 50K /yr26 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 224, Divine Residences

What is 224 worth today?

Last sold for AED 425,000 in 2022

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26 Oct 2024RentedNew contract
AED 49,500/yr12 months · AED 107 per sqft
14 Jun 2022Sold by developerReady
AED 425,000AED 912 per sqft

Source: Dubai Land Department. Updated 26 October 2024.

Key facts

Type
Studio apartment
Size
466 sqft
Floor
2nd of 6
Parking
G-28
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 425K · June 2022

About 224, Divine Residences

224 is a studio of 466 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 14 June 2022 for AED 425,000, or AED 912 per sqft, in line with the AED 898 studios in the building were fetching at the time.

One Ejari contract is registered, from 26 October 2024. The current contract, signed on 26 October 2024, is AED 49,500 a year: a gross yield of 11.7% on the 2022 price.

Sales and rents for 224 over time

Sales
Unit 224, each saleTypical studio in Divine Residences
400K500K600K2021202320252027Typical sale price by year: 2021 AED 429,750; 2022 AED 419,000; 2023 AED 545,000; 2024 AED 555,000; 2025 AED 580,000; 2026 AED 620,000Sold by developer, June 2022: AED 425,000 (AED 912 per sqft)

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

Rents
Unit 224, each contractTypical studio in Divine Residences
40K50K202220242026Typical rent by year: 2022 AED 34,000; 2023 AED 38,000; 2024 AED 45,000; 2025 AED 50,000; 2026 AED 52,000New contract, October 2024: AED 49,500 a year

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

Studios in Divine Residences, and where 224 sits

All 90 studios →

224 last sold in June 2022 at AED 912 per sqft, in line with what studios in Divine Residences were fetching at the time (AED 898). Over the last 12 months studios sold for AED 580,000 to 625,000, around AED 1,321 per sqft, and rent for AED 38,115 to 60,000 a year. 224's AED 49,500 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 2026620,000
19 Jan 2026625,000
19 Jan 2026580,000
10 Dec 2025615,000
5 studio 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 . 6 sold in the last 12 months.

Typical price per sqft
AED 1,306
Typical sale
AED 618K
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
2042-bedAED 1.1M · Feb 2022
2052-bedAED 1.06M · Apr 2022
2061-bedAED 653K · May 2022
2072-bedAED 848K · Jun 2022
1–7 of 29

224, Divine Residences in numbers

  • Sold once: by Takmeel Real Estate Development on 14 June 2022 for AED 425,000, or AED 912 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 49,500 a year.
  • At AED 49,500 a year the gross yield on the 2022 price is 11.7%.
  • Studios in Divine Residences sold for AED 580,000–625,000 in the 12 months to November 2026; the building's median across all types is AED 1,306 per sqft.

Source: Dubai Land Department. Updated 26 October 2024.

Questions about 224, Divine Residences

What did unit 224 last sell for?

AED 425,000 on 14 June 2022, sold by the developer: AED 912 per sqft for 466 sqft. It is the only registered sale of the unit.

What is the rent for unit 224?

AED 49,500 a year on the contract signed on 26 October 2024.

How big is unit 224?

466 sqft (43.3 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2021.

What is unit 224 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Divine Residences sold for AED 580,000 to 625,000 in the last 12 months, around AED 1,321 per sqft.

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Mortgage on 224, Divine Residences

Starts from the last sale price (AED 425K, 14 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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