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2-bed · 1,258 sqftDivine Residences, Arjan · 6th floor · completed 2021

628, Divine Residences

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

Unit 628 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 1M14 March 2022
Current rentAED 70K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 628, Divine Residences

What is 628 worth today?

Last sold for AED 1,000,000 in 2022

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15 May 2024RentedRenewal
AED 70,000/yr12 months · AED 56 per sqft
15 May 2022RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
14 Mar 2022Sold by developerReady
AED 1,000,000AED 794 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
2-bed apartment
Size
1,258 sqft
Floor
6th of 6
Parking
G-105
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 1M · March 2022
Building
Divine Residences

About 628, Divine Residences

628 is a two-bedroom apartment of 1,258 sqft on the 6th floor of Divine Residences, a 6-storey tower in Arjan completed in 2021 by Takmeel Real Estate Development . The developer sold it on 14 March 2022 for AED 1,000,000, or AED 794 per sqft, in line with the AED 790 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 15 May 2024, is AED 70,000 a year: a gross yield of 7.0% on the 2022 price.

Sales and rents for 628 over time

Rents
Unit 628, each contractTypical two-bed in Divine Residences
70K80K202220242026Typical rent by year: 2022 AED 71,500; 2023 AED 75,000; 2024 AED 76,500; 2025 AED 85,000; 2026 AED 78,750New contract, May 2022: AED 70,000 a yearRenewal, May 2024: AED 70,000 a year

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 628 sits

All 38 2-beds →

628 last sold in March 2022 at AED 794 per sqft, in line with what two-beds in Divine Residences were fetching at the time (AED 790). 628's AED 70,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 20241,630,000
31 May 20241,170,000
30 Nov 2023844,053
25 Apr 2023750,000
0 2-bed 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 6th floor

All 169 units in Divine Residences
Value
6011-bedAED 707K · Jul 2022
6021-bedAED 666K · Apr 2022
603StudioAED 750K · May 2025
604StudioAED 536K · Aug 2022
6052-bedAED 860K · Nov 2022
6062-bedAED 930K · Apr 2022
6071-bedAED 699K · Jun 2022
1–7 of 27

628, Divine Residences in numbers

  • Sold once: by Takmeel Real Estate Development on 14 March 2022 for AED 1,000,000, or AED 794 per sqft.
  • Rented since May 2022 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 7.0%.

Source: Dubai Land Department. Updated 15 May 2024.

Questions about 628, Divine Residences

What did unit 628 last sell for?

AED 1,000,000 on 14 March 2022, sold by the developer: AED 794 per sqft for 1,258 sqft. It is the only registered sale of the unit.

What is the rent for unit 628?

AED 70,000 a year on the contract renewed on 15 May 2024. The previous contract, from May 2022, was AED 70,000.

How big is unit 628?

1,258 sqft (116.9 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2021.

What is unit 628 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 628, Divine Residences

Starts from the last sale price (AED 1M, 14 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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