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2-bed · 1,199 sqftThe Wings B, Arjan · 2nd floor · completed 2019

208, 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 208 · DLD and Ejari recordsUpdated 7 May 2024
Last soldAED 900K30 December 2020
Current rentAED 67K /yr7 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 208, The Wings B

What is 208 worth today?

Last sold for AED 900,000 in 2020

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7 May 2024RentedRenewal
AED 66,550/yr12 months · AED 56 per sqft
7 May 2023RentedRenewal
AED 60,500/yr12 months · AED 50 per sqft
7 May 2022RentedRenewal
AED 55,000/yr12 months · AED 46 per sqft
7 May 2021RentedNew contract
AED 52,000/yr12 months · AED 43 per sqft
30 Dec 2020Sold by developerReady
AED 900,000AED 750 per sqft

Source: Dubai Land Department. Updated 7 May 2024.

Key facts

Type
2-bed apartment
Size
1,199 sqft
Floor
2nd of 4
Parking
G-266
Developer
Almizan Property Developer
Completed
2019
Service charge
AED 15,600 /yr
Last sold
AED 900K · December 2020
Building
The Wings B

About 208, The Wings B

208 is a two-bedroom apartment of 1,199 sqft on the 2nd floor of The Wings B, a 4-storey tower in Arjan completed in 2019 by Almizan Property Developer . The developer sold it on 30 December 2020 for AED 900,000, or AED 750 per sqft, in line with the AED 768 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 7 May 2024, is AED 66,550 a year: a gross yield of 7.4% on the 2020 price, before the service charge of about AED 15,600 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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 900,000 (AED 750 per sqft)

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

Rents
Unit 208, 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, May 2021: AED 52,000 a yearRenewal, May 2022: AED 55,000 a yearRenewal, May 2023: AED 60,500 a yearRenewal, May 2024: AED 66,550 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 208 sits

All 36 2-beds →

208 last sold in December 2020 at AED 750 per sqft, in line with what two-beds in The Wings B were fetching at the time (AED 768). 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. 208's AED 66,550 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 2nd floor

All 80 units in The Wings B
Value
2012-bedAED 1.05M · Nov 2023
2021-bedAED 675K · Aug 2020
2032-bedAED 1.13M · Dec 2023
204AED 1.12M · Aug 2020
2052-bedAED 1.2M · Apr 2020
2063-bedAED 1.84M · Sep 2024
2073-bedAED 1.1M · Dec 2020
1–7 of 19

208, The Wings B in numbers

  • Sold once: by Almizan Property Developer on 30 December 2020 for AED 900,000, or AED 750 per sqft.
  • Rented since May 2021 on 4 Ejari contracts, from AED 52,000 to AED 66,550 a year.
  • At AED 66,550 a year the gross yield on the 2020 price is 7.4%, before a service charge of about AED 15,600 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 7 May 2024.

Questions about 208, The Wings B

What did unit 208 last sell for?

AED 900,000 on 30 December 2020, sold by the developer: AED 750 per sqft for 1,199 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 66,550 a year on the contract renewed on 7 May 2024. The previous contract, from May 2023, was AED 60,500; the unit has been rented since May 2021.

How big is unit 208?

1,199 sqft (111.4 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2019.

What is unit 208 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.

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Mortgage on 208, The Wings B

Starts from the last sale price (AED 900K, 30 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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