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Studio · 433 sqftJewelz Residences, Arjan · 1st floor · completed 2023

124, Jewelz Residences

Sold prices and rental history: sold once, by the developer in December 2018, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 9 January 2025
Last soldAED 459K17 December 2018
Current rentAED 43K /yr9 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 124, Jewelz Residences

What is 124 worth today?

Last sold for AED 458,880 in 2018

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9 Jan 2025RentedNew contract
AED 43,000/yr12 months · AED 100 per sqft
17 Dec 2018Sold by developerOff-plan
AED 458,880AED 1,059 per sqft

Source: Dubai Land Department. Updated 9 January 2025.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
1st of 13
Parking
1
Developer
Danube Properties Development
Completed
2023
Last sold
AED 459K · December 2018
Building
Jewelz Residences

About 124, Jewelz Residences

124 is a studio of 433 sqft on the 1st floor of Jewelz Residences, a 13-storey tower in Arjan completed in 2023 by Danube Properties Development. The developer sold it on 17 December 2018 for AED 458,880, or AED 1,059 per sqft, 9% below the AED 1,166 studios in the building were fetching at the time.

One Ejari contract is registered, from 9 January 2025. The current contract, signed on 9 January 2025, is AED 43,000 a year: a gross yield of 9.4% on the 2018 price.

Sales and rents for 124 over time

Sales
Unit 124, each saleTypical studio in Jewelz Residences
500K600K2018202120242027Typical sale price by year: 2018 AED 493,000; 2019 AED 495,305; 2020 AED 496,150; 2022 AED 518,000; 2023 AED 492,760; 2024 AED 560,000; 2025 AED 580,000; 2026 AED 607,500Sold by developer, December 2018: AED 458,880 (AED 1,059 per sqft)

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

Rents
Unit 124, each contractTypical studio in Jewelz Residences
45K50K2024202520262027Typical rent by year: 2024 AED 46,000; 2025 AED 48,000; 2026 AED 50,000New contract, January 2025: AED 43,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Jewelz Residences, and where 124 sits

All 297 studios →

124 last sold in December 2018 at AED 1,059 per sqft, 9% below what studios in Jewelz Residences were fetching at the time (AED 1,166). Over the last 12 months studios sold for AED 570,000 to 625,000, around AED 1,420 per sqft, and rent for AED 41,250 to 78,000 a year. 124's AED 43,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Feb 2026625,000
5 Feb 2026600,000
28 Jan 2026615,000
21 Jan 2026590,000
8 studio sales in the last 12 months

Jewelz Residences

Building

463 apartments, studios to 2-bed over 13 floors in Arjan, completed in 2023 by Danube Properties Development. 13 sold in the last 12 months.

Typical price per sqft
AED 1,396 Up 4.7%
Typical sale
AED 615K
Typical rent
AED 52K /yr
Typical yield
8.1%
Jewelz Residences, Arjan: prices, sales and rents →

Other units on the 1st floor

All 463 units in Jewelz Residences
Value
1011-bedAED 886K · Sep 2022
102StudioAED 508K · Jun 2018
103StudioAED 505K · Feb 2024
104StudioAED 493K · Oct 2023
105StudioAED 493K · Oct 2023
106StudioAED 493K · Jul 2018
107StudioAED 478K · Dec 2018
1–7 of 30

124, Jewelz Residences in numbers

  • Sold once: by Danube Properties Development on 17 December 2018 for AED 458,880, or AED 1,059 per sqft.
  • Rented since January 2025 on one Ejari contract, at AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2018 price is 9.4%.
  • Studios in Jewelz Residences sold for AED 570,000–625,000 in the 12 months to November 2026; the building's median across all types is AED 1,396 per sqft.

Source: Dubai Land Department. Updated 9 January 2025.

Questions about 124, Jewelz Residences

What did unit 124 last sell for?

AED 458,880 on 17 December 2018, sold by the developer: AED 1,059 per sqft for 433 sqft. It is the only registered sale of the unit.

What is the rent for unit 124?

AED 43,000 a year on the contract signed on 9 January 2025.

How big is unit 124?

433 sqft (40.2 sqm): a studio on the 1st floor of a 13-storey tower completed in 2023.

What is unit 124 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Jewelz Residences sold for AED 570,000 to 625,000 in the last 12 months, around AED 1,420 per sqft.

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Mortgage on 124, Jewelz Residences

Starts from the last sale price (AED 459K, 17 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 458,880
Deposit, UAE resident (20%)
AED 91,776
Deposit, non-resident (40%)
AED 183,552
Monthly over 25 years at 3.7%
AED 1,877

Plus AED 22,183 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →