427, Divine Residences
Sold prices and rental history: sold once, by the developer in February 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 427, Divine Residences
What is 427 worth today?
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Source: Dubai Land Department. Updated 7 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,260 sqft
- Floor
- 4th of 6
- Parking
- G-139
- Developer
- Takmeel Real Estate Development
- Completed
- 2021
- Last sold
- AED 970K · February 2022
- Building
- Divine Residences
About 427, Divine Residences
427 is a two-bedroom apartment of 1,260 sqft on the 4th 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 970,000, or AED 770 per sqft, in line with the AED 789 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 7 April 2024, is AED 75,000 a year: a gross yield of 7.7% on the 2022 price.
Sales and rents for 427 over time
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 427 sits
All 38 2-beds →427 last sold in February 2022 at AED 770 per sqft, in line with what two-beds in Divine Residences were fetching at the time (AED 789). 427's AED 75,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20243 September 2024 | 1,417 sqft | 1,630,000 | 1,150 | ||
| 31 May 202431 May 2024 | 1,060 sqft | 1,170,000 | 1,103 | ||
| 30 Nov 202330 November 2023 | 1,260 sqft | 844,053 | 670 | ||
| 25 Apr 202325 April 2023 | 1,361 sqft | 750,000 | 551 |
Divine Residences
Building169 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%
Other units on the 4th floor
All 169 units in Divine Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 798 sqft | AED 665KAED 665,000 · Mar 2022March 2022 | ||
| 402 | 1-bed | 710 sqft | AED 634KAED 634,380 · Feb 2022February 2022 | 73,500 /yr | |
| 403 | 2-bed | 1,549 sqft | AED 1.1MAED 1,100,000 · Feb 2022February 2022 | 110,000 /yr | |
| 404 | 2-bed | 1,596 sqft | AED 1.11MAED 1,114,350 · May 2022May 2022 | ||
| 405 | 2-bed | 1,061 sqft | AED 917KAED 917,000 · Jun 2022June 2022 | ||
| 406 | 2-bed | 1,168 sqft | AED 930KAED 930,000 · Feb 2022February 2022 | 65,000 /yr | |
| 407 | 1-bed | 870 sqft | AED 710KAED 709,520 · Jul 2022July 2022 | 63,480 /yr | |
| 408 | 1-bed | 928 sqft | AED 751KAED 750,780 · Aug 2022August 2022 | 77,500 /yr | |
| 409 | Studio | 466 sqft | AED 419KAED 419,440 · Sep 2022September 2022 | 34,000 /yr | |
| 410 | Studio | 465 sqft | AED 419KAED 419,440 · Nov 2022November 2022 | 42,000 /yr | |
| 411 | Studio | 465 sqft | AED 419KAED 419,440 · Sep 2022September 2022 | 39,536 /yr | |
| 412 | Studio | 473 sqft | AED 419KAED 419,440 · Sep 2022September 2022 | ||
| 413 | Studio | 453 sqft | AED 415KAED 415,000 · Sep 2022September 2022 | 52,000 /yr | |
| 414 | Studio | 465 sqft | AED 418KAED 418,000 · May 2022May 2022 | 60,000 /yr | |
| 415 | Studio | 466 sqft | AED 418KAED 418,000 · May 2022May 2022 | 42,000 /yr | |
| 416 | Studio | 465 sqft | AED 424KAED 423,720 · Jul 2022July 2022 | ||
| 417 | Studio | 466 sqft | AED 418KAED 418,000 · Jun 2022June 2022 | 60,000 /yr | |
| 418 | Studio | 465 sqft | AED 418KAED 418,000 · Jun 2022June 2022 | 60,000 /yr | |
| 419 | Studio | 466 sqft | AED 418KAED 418,000 · Jun 2022June 2022 | ||
| 420 | Studio | 465 sqft | AED 420KAED 420,000 · Jul 2022July 2022 | 54,000 /yr | |
| 421 | Studio | 466 sqft | AED 418KAED 418,000 · Oct 2022October 2022 | ||
| 422 | Studio | 464 sqft | AED 550KAED 550,000 · Apr 2025April 2025 | ||
| 423 | 1-bed | 1,013 sqft | AED 830KAED 830,000 · Mar 2022March 2022 | 90,000 /yr | |
| 424 | 1-bed | 952 sqft | AED 811KAED 810,920 · Jun 2022June 2022 | 80,000 /yr | |
| 425 | 2-bed | 1,417 sqft | AED 1.63MAED 1,630,000 · Sep 2024September 2024 | ||
| 426 | 2-bed | 1,360 sqft | AED 1.08MAED 1,080,660 · Feb 2022February 2022 | 75,000 /yr |
427, Divine Residences in numbers
- Sold once: by Takmeel Real Estate Development on 10 February 2022 for AED 970,000, or AED 770 per sqft.
- Rented since April 2022 on 2 Ejari contracts, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2022 price is 7.7%.
Source: Dubai Land Department. Updated 7 April 2024.
Questions about 427, Divine Residences
What did unit 427 last sell for?
AED 970,000 on 10 February 2022, sold by the developer: AED 770 per sqft for 1,260 sqft. It is the only registered sale of the unit.
What is the rent for unit 427?
AED 75,000 a year on the contract renewed on 7 April 2024. The previous contract, from April 2022, was AED 75,000.
How big is unit 427?
1,260 sqft (117.1 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2021.
What is unit 427 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 427, Divine Residences
Starts from the last sale price (AED 970K, 10 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 970,000
- Deposit, UAE resident (20%)
- AED 194,000
- Deposit, non-resident (40%)
- AED 388,000
- Monthly over 25 years at 3.7%
- AED 3,969
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →