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2-bed · 1,159 sqftThe Wings B, Arjan · 4th floor · completed 2019

412, The Wings B

Sold prices and rental history: sold twice, last in September 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 28 September 2023
Last soldAED 1.1M28 September 2023
Current rentAED 90K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 412, The Wings B

What is 412 worth today?

Last sold for AED 1,095,510 in 2023

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28 Sep 2023SoldReady
AED 1,095,510AED 944 per sqft
1 Oct 2022RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
1 Oct 2021RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
17 Dec 2020Sold by developerReady
AED 900,000AED 776 per sqft

Source: Dubai Land Department. Updated 28 September 2023.

Key facts

Type
2-bed apartment
Size
1,159 sqft
Floor
4th of 4
Parking
G-249
Developer
Almizan Property Developer
Completed
2019
Service charge
AED 15,100 /yr
Last sold
AED 1.1M · September 2023
Building
The Wings B

About 412, The Wings B

412 is a two-bedroom apartment of 1,159 sqft on the 4th floor of The Wings B, a 4-storey tower in Arjan completed in 2019 by Almizan Property Developer. It last sold on 28 September 2023 for AED 1,095,510, or AED 944 per sqft, in line with the AED 932 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 October 2022, is AED 90,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 15,100 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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 776 per sqft)Sold, September 2023: AED 1,095,510 (AED 944 per sqft)

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

Rents
Unit 412, 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, October 2021: AED 90,000 a yearNew contract, October 2022: AED 90,000 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 412 sits

All 36 2-beds →

412 last sold in September 2023 at AED 944 per sqft, in line with what two-beds in The Wings B were fetching at the time (AED 932). 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. 412's AED 90,000 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 4th floor

All 80 units in The Wings B
Value
4012-bedAED 1.24M · Sep 2024
4021-bedAED 700K · Mar 2020
4032-bedAED 1.04M · Mar 2023
4043-bedAED 1.73M · Jun 2025
4052-bedAED 1M · Aug 2020
4063-bedAED 1.12M · Dec 2020
4073-bedAED 1.39M · Aug 2023
1–7 of 19

412, The Wings B in numbers

  • Sold twice: first on 17 December 2020 for AED 900,000, last on 28 September 2023 for AED 1,095,510 (AED 944 per sqft).
  • Rented since October 2021 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 15,100 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 28 September 2023.

Questions about 412, The Wings B

What did unit 412 last sell for?

AED 1,095,510 on 28 September 2023: AED 944 per sqft for 1,159 sqft. The unit has 2 registered sales; the first was AED 900,000 in December 2020.

What is the rent for unit 412?

AED 90,000 a year on the contract signed on 1 October 2022. The previous contract, from October 2021, was AED 90,000.

How big is unit 412?

1,159 sqft (107.7 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2019.

What is unit 412 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 412, The Wings B

Starts from the last sale price (AED 1.1M, 28 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,095,510
Deposit, UAE resident (20%)
AED 219,102
Deposit, non-resident (40%)
AED 438,204
Monthly over 25 years at 3.7%
AED 4,482

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