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Studio · 423 sqftJewelz Residences, Arjan · 5th floor · completed 2023

518, Jewelz Residences

Sold prices and rental history: sold once, by the developer in July 2018, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 10 April 2024
Last soldAED 459K24 July 2018
Current rentAED 50K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 518, Jewelz Residences

What is 518 worth today?

Last sold for AED 458,880 in 2018

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10 Apr 2024RentedNew contract
AED 50,000/yr12 months · AED 119 per sqft
24 Jul 2018Sold by developerOff-plan
AED 458,880AED 1,085 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 April 2024.

Key facts

Type
Studio apartment
Size
423 sqft
Floor
5th of 13
Parking
1
Developer
Danube Properties Development
Completed
2023
Last sold
AED 459K · July 2018
Building
Jewelz Residences

About 518, Jewelz Residences

518 is a studio of 423 sqft on the 5th floor of Jewelz Residences, a 13-storey tower in Arjan completed in 2023 by Danube Properties Development. The developer sold it on 24 July 2018 for AED 458,880, or AED 1,085 per sqft, 7% below the AED 1,166 studios in the building were fetching at the time.

One Ejari contract is registered, from 10 April 2024. The current contract, signed on 10 April 2024, is AED 50,000 a year: a gross yield of 10.9% on the 2018 price.

Sales and rents for 518 over time

Sales
Unit 518, 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, July 2018: AED 458,880 (AED 1,085 per sqft)

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

Rents
Unit 518, each contractTypical studio in Jewelz Residences
46K48K50K2024202520262027Typical rent by year: 2024 AED 46,000; 2025 AED 48,000; 2026 AED 50,000New contract, April 2024: AED 50,000 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 518 sits

All 297 studios →

518 last sold in July 2018 at AED 1,085 per sqft, 7% 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. 518's AED 50,000 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 5.3%
Typical sale
AED 615K
Typical rent
AED 52K /yr
Typical yield
8.1%
Jewelz Residences, Arjan: prices, sales and rents →

Other units on the 5th floor

All 463 units in Jewelz Residences
Value
5011-bedAED 853K · Jul 2018
502StudioAED 493K · Jun 2018
503StudioAED 493K · May 2018
504StudioAED 493K · Jun 2018
505StudioAED 483K · Jun 2018
506StudioAED 475K · Jun 2024
5072-bedAED 1.23M · May 2024
1–7 of 35

518, Jewelz Residences in numbers

  • Sold once: by Danube Properties Development on 24 July 2018 for AED 458,880, or AED 1,085 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 10.9%.
  • 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: YallaValue analysis of Dubai Land Department records. Updated 10 April 2024.

Questions about 518, Jewelz Residences

What did unit 518 last sell for?

AED 458,880 on 24 July 2018, sold by the developer: AED 1,085 per sqft for 423 sqft. It is the only registered sale of the unit.

What is the rent for unit 518?

AED 50,000 a year on the contract signed on 10 April 2024.

How big is unit 518?

423 sqft (39.3 sqm): a studio on the 5th floor of a 13-storey tower completed in 2023.

What is unit 518 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 518, Jewelz Residences

Starts from the last sale price (AED 459K, 24 July 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 →