Studio · 451 sqftResortz Residence Block B, Arjan · 2nd floor · completed 2019

216, Resortz Residence Block B

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 475K25 July 2024
Current rentAED 40K /yr8 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Resortz Residence Block B

What is 216 worth today?

Last sold for AED 475,000 in 2024

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25 Jul 2024SoldReady
AED 475,000AED 1,053 per sqft
8 Mar 2024RentedNew contract
AED 40,000/yr12 months · AED 89 per sqft
1 Feb 2023RentedNew contract
AED 36,000/yr12 months · AED 80 per sqft
17 Jan 2022RentedNew contract
AED 27,000/yr12 months · AED 60 per sqft
17 Jan 2021RentedNew contract
AED 27,000/yr12 months · AED 60 per sqft
22 Oct 2020Sold by developerReady
AED 490,000AED 1,087 per sqft

Source: Dubai Land Department. Updated 25 July 2024.

Key facts

Type
Studio apartment
Size
451 sqft
Floor
2nd of 4
Parking
B-212
Developer
Danube Properties Development
Completed
2019
Service charge
AED 5,500 /yr
Last sold
AED 475K · July 2024

About 216, Resortz Residence Block B

216 is a studio of 451 sqft on the 2nd floor of Resortz Residence Block B, a 4-storey tower in Arjan completed in 2019 by Danube Properties Development. It last sold on 25 July 2024 for AED 475,000, or AED 1,053 per sqft, 3% below the AED 1,091 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 8 March 2024, is AED 40,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 5,500 a year.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical studio in Resortz Residence Block B
400K500K2017202020232026Typical sale price by year: 2017 AED 490,000; 2020 AED 350,000; 2022 AED 350,000; 2023 AED 415,000; 2024 AED 485,000; 2025 AED 535,000Sold by developer, October 2020: AED 490,000 (AED 1,087 per sqft)Sold, July 2024: AED 475,000 (AED 1,053 per sqft)

216 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 216, each contractTypical studio in Resortz Residence Block B
40K2020202220242026Typical rent by year: 2020 AED 26,000; 2021 AED 27,000; 2022 AED 30,000; 2023 AED 34,550; 2024 AED 42,000; 2025 AED 47,000; 2026 AED 50,000New contract, January 2021: AED 27,000 a yearNew contract, January 2022: AED 27,000 a yearNew contract, February 2023: AED 36,000 a yearNew contract, March 2024: AED 40,000 a year

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

Studios in Resortz Residence Block B, and where 216 sits

All 63 studios →

216 last sold in July 2024 at AED 1,053 per sqft, 3% below what studios in Resortz Residence Block B were fetching at the time (AED 1,091). Over the last 12 months studios sold for AED 535,000, around AED 1,189 per sqft, and rent for AED 38,500 to 75,000 a year. 216's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Dec 2025535,000
21 Jul 2025512,000
6 Feb 2025555,000
23 Dec 2024490,000
1 studio sale in the last 12 months

Resortz Residence Block B

Building

116 apartments, studios to 3-bed over 4 floors in Arjan, completed in 2019 by Danube Properties Development. 1 sold in the last 12 months.

Typical price per sqft
AED 1,189
Typical sale
AED 535K
Typical rent
AED 57K /yr
Typical yield
8.3%
Resortz Residence Block B, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 116 units in Resortz Residence Block B
Value
201StudioAED 350K · Dec 2020
202StudioAED 350K · Nov 2020
203StudioAED 475K · Jul 2024
2041-bedAED 850K · Jun 2017
2052-bedAED 900K · Sep 2020
2062-bedAED 1M · Jul 2020
207StudioAED 480K · Oct 2024
1–7 of 29

216, Resortz Residence Block B in numbers

  • Sold twice: first on 22 October 2020 for AED 490,000, last on 25 July 2024 for AED 475,000 (AED 1,053 per sqft).
  • Rented since January 2021 on 4 Ejari contracts, from AED 27,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 5,500 a year (AED 12.11 per sqft).
  • Studios in Resortz Residence Block B sold for AED 535,000–535,000 in the 12 months to November 2026; the building's median across all types is AED 1,189 per sqft.

Source: Dubai Land Department. Updated 25 July 2024.

Questions about 216, Resortz Residence Block B

What did unit 216 last sell for?

AED 475,000 on 25 July 2024: AED 1,053 per sqft for 451 sqft. The unit has 2 registered sales; the first was AED 490,000 in October 2020.

What is the rent for unit 216?

AED 40,000 a year on the contract signed on 8 March 2024. The previous contract, from February 2023, was AED 36,000; the unit has been rented since January 2021.

How big is unit 216?

451 sqft (41.9 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2019.

What is unit 216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Resortz Residence Block B sold for AED 535,000 to 535,000 in the last 12 months, around AED 1,189 per sqft.

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Mortgage on 216, Resortz Residence Block B

Starts from the last sale price (AED 475K, 25 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

Plus AED 22,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →