Home
Dubai prices
About
Research
2-bed · 1,913 sqftThe Wings B, Arjan · 1st floor · completed 2019

116, The Wings B

Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 1.07M17 December 2020
Current rentAED 85K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 116

Property timeline for 116, The Wings B

What is 116 worth today?

Last sold for AED 1,070,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2025RentedNew contract
AED 85,000/yr12 months · AED 44 per sqft
2 Feb 2024RentedRenewal
AED 73,000/yr12 months · AED 38 per sqft
2 Feb 2023RentedRenewal
AED 70,000/yr12 months · AED 37 per sqft
2 Feb 2022RentedNew contract
AED 65,000/yr12 months · AED 34 per sqft
2 Feb 2021RentedNew contract
AED 65,000/yr12 months · AED 34 per sqft
17 Dec 2020Sold by developerReady
AED 1,070,000AED 559 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
1,913 sqft
Floor
1st of 4
Parking
G-265
Developer
Almizan Property Developer
Completed
2019
Service charge
AED 24,900 /yr
Last sold
AED 1.07M · December 2020
Building
The Wings B

About 116, The Wings B

116 is a two-bedroom apartment of 1,913 sqft on the 1st floor of The Wings B, a 4-storey tower in Arjan completed in 2019 by Almizan Property Developer . The developer sold it on 17 December 2020 for AED 1,070,000, or AED 559 per sqft, 28% below the AED 776 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 May 2025, is AED 85,000 a year: a gross yield of 7.9% on the 2020 price, before the service charge of about AED 24,900 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in The Wings B
1M1.2M2020202220242026Typical sale price by year: 2020 AED 970,000; 2023 AED 1,100,000; 2024 AED 1,240,071; 2025 AED 1,318,500Sold by developer, December 2020: AED 1,070,000 (AED 559 per sqft)

116 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 116, each contractTypical two-bed in The Wings B
50K75K100K2020202220242026Typical rent by year: 2020 AED 88,000; 2021 AED 53,500; 2022 AED 76,000; 2023 AED 76,000; 2024 AED 90,000; 2025 AED 100,000New contract, February 2021: AED 65,000 a yearNew contract, February 2022: AED 65,000 a yearRenewal, February 2023: AED 70,000 a yearRenewal, February 2024: AED 73,000 a yearNew contract, May 2025: AED 85,000 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 The Wings B, and where 116 sits

All 36 2-beds →

116 last sold in December 2020 at AED 559 per sqft, 28% below what two-beds in The Wings B were fetching at the time (AED 776). Over the last 12 months two-beds sold for AED 1,300,000, around AED 1,120 per sqft, and rent for AED 100,000 to 113,000 a year. 116's AED 85,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jan 20261,300,000
18 Jul 20251,300,000
23 May 20251,337,000
14 Mar 20251,739,599
2 2-bed sales in the last 12 months

The Wings B

Building

80 apartments, 1-bed to 3-bed over 4 floors in Arjan, completed in 2019 by Almizan Property Developer . 4 sold in the last 12 months.

Typical price per sqft
AED 1,076
Typical sale
AED 1.22M
Typical rent
AED 105K /yr
Typical yield
8.2%
The Wings B, Arjan: prices, sales and rents →

Other units on the 1st floor

All 80 units in The Wings B
Value
1011-bedAED 800K · Dec 2020
1021-bedAED 1.06M · Dec 2025
1032-bedAED 1.44M · Jul 2024
1043-bedAED 1.4M · Jul 2020
1052-bedAED 1.3M · May 2024
1063-bedAED 1.45M · Dec 2020
1073-bedAED 1.4M · Aug 2020
1–7 of 19

116, The Wings B in numbers

  • Sold once: by Almizan Property Developer on 17 December 2020 for AED 1,070,000, or AED 559 per sqft.
  • Rented since February 2021 on 5 Ejari contracts, from AED 65,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2020 price is 7.9%, before a service charge of about AED 24,900 a year (AED 13.00 per sqft).
  • Two-beds in The Wings B sold for AED 1,300,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,076 per sqft.

Source: Dubai Land Department. Updated 1 May 2025.

Questions about 116, The Wings B

What did unit 116 last sell for?

AED 1,070,000 on 17 December 2020, sold by the developer: AED 559 per sqft for 1,913 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 85,000 a year on the contract signed on 1 May 2025. The previous contract, from February 2024, was AED 73,000; the unit has been rented since February 2021.

How big is unit 116?

1,913 sqft (177.7 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2019.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Wings B sold for AED 1,300,000 to 1,300,000 in the last 12 months, around AED 1,120 per sqft.

Selling 116? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 116, The Wings B

Starts from the last sale price (AED 1.07M, 17 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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