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1-bed · 870 sqftDivine Residences, Arjan · 3rd floor · completed 2021

309, Divine Residences

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

Unit 309 · DLD and Ejari recordsUpdated 7 October 2022
Last soldAED 694K6 July 2022
Current rentAED 57K /yr7 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Divine Residences

What is 309 worth today?

Last sold for AED 694,000 in 2022

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7 Oct 2022RentedNew contract
AED 57,000/yr12 months · AED 65 per sqft
6 Jul 2022Sold by developerReady
AED 694,000AED 797 per sqft

Source: Dubai Land Department. Updated 7 October 2022.

Key facts

Type
1-bed apartment
Size
870 sqft
Floor
3rd of 6
Parking
G-84
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 694K · July 2022
Building
Divine Residences

About 309, Divine Residences

309 is a one-bedroom apartment of 870 sqft on the 3rd floor of Divine Residences, a 6-storey tower in Arjan completed in 2021 by Takmeel Real Estate Development . The developer sold it on 6 July 2022 for AED 694,000, or AED 797 per sqft, 5% below the AED 838 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 October 2022. The current contract, signed on 7 October 2022, is AED 57,000 a year: a gross yield of 8.2% on the 2022 price.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Divine Residences
800K20212022202320242025Typical sale price by year: 2021 AED 665,175; 2022 AED 710,750; 2023 AED 845,000; 2024 AED 925,000Sold by developer, July 2022: AED 694,000 (AED 797 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Divine Residences
60K80K20222023202420252026Typical rent by year: 2022 AED 55,000; 2023 AED 62,000; 2024 AED 66,810; 2025 AED 80,000New contract, October 2022: AED 57,000 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 Divine Residences, and where 309 sits

All 38 1-beds →

309 last sold in July 2022 at AED 797 per sqft, 5% below what one-beds in Divine Residences were fetching at the time (AED 838). Over the last 12 months one-beds sold for AED 1,160,000, around AED 1,145 per sqft, and rent for AED 73,500 to 108,434 a year. 309's AED 57,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jan 20261,160,000
21 Jan 20251,020,000
16 Jul 2024925,000
2 Feb 2024950,000
1 1-bed sale 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 3rd floor

All 169 units in Divine Residences
Value
3011-bedAED 675K · Apr 2022
3021-bedAED 900K · Jul 2023
3031-bedAED 615K · Jun 2022
3041-bedAED 769K · May 2022
3052-bedAED 1.07M · Apr 2022
306StudioAED 350K · Nov 2021
3072-bedAED 1.17M · May 2024
1–7 of 28

309, Divine Residences in numbers

  • Sold once: by Takmeel Real Estate Development on 6 July 2022 for AED 694,000, or AED 797 per sqft.
  • Rented since October 2022 on one Ejari contract, at AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2022 price is 8.2%.
  • One-beds in Divine Residences sold for AED 1,160,000–1,160,000 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 7 October 2022.

Questions about 309, Divine Residences

What did unit 309 last sell for?

AED 694,000 on 6 July 2022, sold by the developer: AED 797 per sqft for 870 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 57,000 a year on the contract signed on 7 October 2022.

How big is unit 309?

870 sqft (80.8 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2021.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Divine Residences sold for AED 1,160,000 to 1,160,000 in the last 12 months, around AED 1,145 per sqft.

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Mortgage on 309, Divine Residences

Starts from the last sale price (AED 694K, 6 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 694,000
Deposit, UAE resident (20%)
AED 138,800
Deposit, non-resident (40%)
AED 277,600
Monthly over 25 years at 3.7%
AED 2,839

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