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1-bed · 710 sqftDivine Residences, Arjan · 5th floor · completed 2021

502, Divine Residences

Sold prices and rental history: sold once, by the developer in February 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 17 February 2022
Last soldAED 635K17 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Divine Residences

What is 502 worth today?

Last sold for AED 635,350 in 2022

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17 Feb 2022Sold by developerReady
AED 635,350AED 895 per sqft

Source: Dubai Land Department. Updated 17 February 2022.

Key facts

Type
1-bed apartment
Size
710 sqft
Floor
5th of 6
Parking
G-89
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 635K · February 2022
Building
Divine Residences

About 502, Divine Residences

502 is a one-bedroom apartment of 710 sqft on the 5th floor of Divine Residences, a 6-storey tower in Arjan completed in 2021 by Takmeel Real Estate Development . The developer sold it on 17 February 2022 for AED 635,350, or AED 895 per sqft, 7% above the AED 840 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Divine Residences
600K800K20212022202320242025Typical sale price by year: 2021 AED 665,175; 2022 AED 710,750; 2023 AED 845,000; 2024 AED 925,000Sold by developer, February 2022: AED 635,350 (AED 895 per sqft)

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

Rents
Unit 502, 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 80,000

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 502 sits

All 38 1-beds →

502 last sold in February 2022 at AED 895 per sqft, 7% above what one-beds in Divine Residences were fetching at the time (AED 840). 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.

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 5th floor

All 169 units in Divine Residences
Value
5011-bedAED 670K · Feb 2022
5031-bedAED 547K · Jan 2022
5041-bedAED 800K · Jun 2023
5052-bedAED 876K · Jul 2022
5062-bedAED 930K · Feb 2022
5071-bedAED 721K · Aug 2022
508StudioAED 443K · Dec 2021
1–7 of 27

502, Divine Residences in numbers

  • Sold once: by Takmeel Real Estate Development on 17 February 2022 for AED 635,350, or AED 895 per sqft.
  • 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 17 February 2022.

Questions about 502, Divine Residences

What did unit 502 last sell for?

AED 635,350 on 17 February 2022, sold by the developer: AED 895 per sqft for 710 sqft. It is the only registered sale of the unit.

How big is unit 502?

710 sqft (66.0 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.

What is unit 502 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 502, Divine Residences

Starts from the last sale price (AED 635K, 17 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 635,350
Deposit, UAE resident (20%)
AED 127,070
Deposit, non-resident (40%)
AED 254,140
Monthly over 25 years at 3.7%
AED 2,599

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