1,127 sqftResortz Residence Block A, Arjan · 2nd floor · completed 2019

229, Resortz Residence Block A

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 229 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 1.13M23 July 2017
Current rentAED 65K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 229, Resortz Residence Block A

What is 229 worth today?

Last sold for AED 1,130,000 in 2017

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20 Sep 2024RentedRenewal
AED 64,811/yr10 months · AED 57 per sqft
20 Sep 2023RentedRenewal
AED 65,000/yr12 months · AED 58 per sqft
20 Sep 2022RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft
6 Sep 2021RentedRenewal
AED 58,000/yr12 months · AED 51 per sqft
6 Sep 2020RentedNew contract
AED 60,000/yr12 months · AED 53 per sqft
23 Jul 2017Sold by developerOff-plan
AED 1,130,000AED 1,002 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
Apartment
Size
1,127 sqft
Floor
2nd of 4
Parking
B-173
Developer
Danube Properties Development
Completed
2019
Service charge
AED 14,500 /yr
Last sold
AED 1.13M · July 2017

About 229, Resortz Residence Block A

229 is an apartment of 1,127 sqft on the 2nd floor of Resortz Residence Block A, a 4-storey tower in Arjan completed in 2019 by Danube Properties Development. The developer sold it on 23 July 2017 for AED 1,130,000, or AED 1,002 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 64,811 a year: a gross yield of 5.7% on the 2017 price, before the service charge of about AED 14,500 a year.

Resortz Residence Block A

Building

155 apartments, studios to 2-bed over 4 floors in Arjan, completed in 2019 by Danube Properties Development. 12 sold in the last 12 months.

Typical price per sqft
AED 1,170 Up 6.1%
Typical sale
AED 550K
Typical rent
AED 48K /yr
Typical yield
8.7%
Resortz Residence Block A, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 155 units in Resortz Residence Block A
Value
201StudioAED 450K · Aug 2024
202StudioAED 500K · Jun 2017
203StudioAED 480K · Jun 2017
204StudioAED 530K · Nov 2024
205StudioAED 475K · Feb 2024
206StudioAED 545K · Apr 2017
207StudioAED 525K · Apr 2017
1–7 of 36

229, Resortz Residence Block A in numbers

  • Sold once: by Danube Properties Development on 23 July 2017 for AED 1,130,000, or AED 1,002 per sqft.
  • Rented since September 2020 on 5 Ejari contracts, from AED 60,000 to AED 64,811 a year.
  • At AED 64,811 a year the gross yield on the 2017 price is 5.7%, before a service charge of about AED 14,500 a year (AED 12.89 per sqft).

Source: Dubai Land Department. Updated 20 September 2024.

Questions about 229, Resortz Residence Block A

What did unit 229 last sell for?

AED 1,130,000 on 23 July 2017, sold by the developer: AED 1,002 per sqft for 1,127 sqft. It is the only registered sale of the unit.

What is the rent for unit 229?

AED 64,811 a year on the contract renewed on 20 September 2024. The previous contract, from September 2023, was AED 65,000; the unit has been rented since September 2020.

How big is unit 229?

1,127 sqft (104.7 sqm): an apartment on the 2nd floor of a 4-storey tower completed in 2019.

What is unit 229 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 229, Resortz Residence Block A

Starts from the last sale price (AED 1.13M, 23 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,000
Deposit, UAE resident (20%)
AED 226,000
Deposit, non-resident (40%)
AED 452,000
Monthly over 25 years at 3.7%
AED 4,623

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