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Studio · 466 sqftDivine Residences, Arjan · 5th floor · completed 2021

508, Divine Residences

Sold prices and rental history: sold once, by the developer in December 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 5 February 2025
Last soldAED 443K14 December 2021
Current rentAED 55K /yr5 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Divine Residences

What is 508 worth today?

Last sold for AED 442,530 in 2021

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5 Feb 2025RentedNew contract
AED 55,000/yr12 months · AED 118 per sqft
9 Jan 2022RentedNew contract
AED 35,000/yr13 months · AED 76 per sqft
14 Dec 2021Sold by developerReady
AED 442,530AED 950 per sqft

Source: Dubai Land Department. Updated 5 February 2025.

Key facts

Type
Studio apartment
Size
466 sqft
Floor
5th of 6
Parking
G-59
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 443K · December 2021
Building
Divine Residences

About 508, Divine Residences

508 is a studio of 466 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 14 December 2021 for AED 442,530, or AED 950 per sqft, in line with the AED 947 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 5 February 2025, is AED 55,000 a year: a gross yield of 12.4% on the 2021 price.

Sales and rents for 508 over time

Sales
Unit 508, 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, December 2021: AED 442,530 (AED 950 per sqft)

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

Rents
Unit 508, 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, January 2022: AED 35,000 a yearNew contract, February 2025: AED 55,000 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 508 sits

All 90 studios →

508 last sold in December 2021 at AED 950 per sqft, in line with what studios in Divine Residences were fetching at the time (AED 947). 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. 508's AED 55,000 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 5th floor

All 169 units in Divine Residences
Value
5011-bedAED 670K · Feb 2022
5021-bedAED 635K · 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
1–7 of 27

508, Divine Residences in numbers

  • Sold once: by Takmeel Real Estate Development on 14 December 2021 for AED 442,530, or AED 950 per sqft.
  • Rented since January 2022 on 2 Ejari contracts, from AED 35,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2021 price is 12.4%.
  • 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 5 February 2025.

Questions about 508, Divine Residences

What did unit 508 last sell for?

AED 442,530 on 14 December 2021, sold by the developer: AED 950 per sqft for 466 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 55,000 a year on the contract signed on 5 February 2025. The previous contract, from January 2022, was AED 35,000.

How big is unit 508?

466 sqft (43.3 sqm): a studio on the 5th floor of a 6-storey tower completed in 2021.

What is unit 508 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 508, Divine Residences

Starts from the last sale price (AED 443K, 14 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 442,530
Deposit, UAE resident (20%)
AED 88,506
Deposit, non-resident (40%)
AED 177,012
Monthly over 25 years at 3.7%
AED 1,811

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