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1-bed · 1,156 sqftThe Wings C, Arjan · 1st floor · completed 2019

112, The Wings C

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

Unit 112 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 675K20 December 2020
Current rentAED 60K /yr12 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 112, The Wings C

What is 112 worth today?

Last sold for AED 675,000 in 2020

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12 Jul 2024RentedRenewal
AED 60,000/yr12 months · AED 52 per sqft
12 Jul 2023RentedRenewal
AED 56,000/yr12 months · AED 48 per sqft
12 Jul 2022RentedRenewal
AED 54,000/yr12 months · AED 47 per sqft
12 Jul 2021RentedNew contract
AED 54,000/yr12 months · AED 47 per sqft
20 Dec 2020Sold by developerReady
AED 675,000AED 583 per sqft
12 Jul 2020RentedNew contract
AED 55,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 12 July 2024.

Key facts

Type
1-bed apartment
Size
1,156 sqft
Floor
1st of 4
Parking
G-08
Developer
Almizan Property Developer
Completed
2019
Service charge
AED 15,000 /yr
Last sold
AED 675K · December 2020
Building
The Wings C

About 112, The Wings C

112 is a one-bedroom apartment of 1,156 sqft on the 1st floor of The Wings C, a 4-storey tower in Arjan completed in 2019 by Almizan Property Developer. The developer sold it on 20 December 2020 for AED 675,000, or AED 583 per sqft, 16% below the AED 694 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 12 July 2024, is AED 60,000 a year: a gross yield of 8.9% on the 2020 price, before the service charge of about AED 15,000 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical one-bed in The Wings C
600K800K2020202220242026Typical sale price by year: 2020 AED 560,000; 2021 AED 685,000; 2022 AED 700,000; 2023 AED 700,000; 2024 AED 810,000; 2025 AED 932,400; 2026 AED 900,000Sold by developer, December 2020: AED 675,000 (AED 583 per sqft)

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

Rents
Unit 112, each contractTypical one-bed in The Wings C
60K80K2020202220242026Typical rent by year: 2020 AED 60,000; 2021 AED 60,000; 2022 AED 63,504; 2023 AED 69,000; 2024 AED 72,800; 2025 AED 75,000; 2026 AED 79,000New contract, July 2020: AED 55,000 a yearNew contract, July 2021: AED 54,000 a yearRenewal, July 2022: AED 54,000 a yearRenewal, July 2023: AED 56,000 a yearRenewal, July 2024: AED 60,000 a year

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

1-beds in The Wings C, and where 112 sits

All 94 1-beds →

112 last sold in December 2020 at AED 583 per sqft, 16% below what one-beds in The Wings C were fetching at the time (AED 694). Over the last 12 months one-beds sold for AED 814,090 to 1,097,969, around AED 1,145 per sqft, and rent for AED 66,150 to 90,000 a year. 112's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20261,097,940
13 Feb 2026890,000
13 Feb 2026814,090
13 Feb 20261,097,969
9 1-bed sales in the last 12 months

The Wings C

Building

100 apartments, 1-bed to 2-bed over 4 floors in Arjan, completed in 2019 by Almizan Property Developer. 9 sold in the last 12 months.

Typical price per sqft
AED 1,145
Typical sale
AED 900K
Typical rent
AED 80K /yr
Typical yield
7.4%
The Wings C, Arjan: prices, sales and rents →

Other units on the 1st floor

All 100 units in The Wings C
Value
1012-bedAED 1M · Dec 2020
1021-bedAED 700K · Dec 2020
1031-bedAED 730K · Dec 2020
1041-bedAED 730K · Dec 2020
1051-bedAED 730K · Dec 2020
1061-bedAED 675K · Dec 2020
1071-bedAED 675K · Dec 2020
1–7 of 23

112, The Wings C in numbers

  • Sold once: by Almizan Property Developer on 20 December 2020 for AED 675,000, or AED 583 per sqft.
  • Rented since July 2020 on 5 Ejari contracts, from AED 55,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2020 price is 8.9%, before a service charge of about AED 15,000 a year (AED 13.00 per sqft).
  • One-beds in The Wings C sold for AED 814,090–1,097,969 in the 12 months to November 2026; the building's median across all types is AED 1,145 per sqft.

Source: Dubai Land Department. Updated 12 July 2024.

Questions about 112, The Wings C

What did unit 112 last sell for?

AED 675,000 on 20 December 2020, sold by the developer: AED 583 per sqft for 1,156 sqft. It is the only registered sale of the unit.

What is the rent for unit 112?

AED 60,000 a year on the contract renewed on 12 July 2024. The previous contract, from July 2023, was AED 56,000; the unit has been rented since July 2020.

How big is unit 112?

1,156 sqft (107.4 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2019.

What is unit 112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Wings C sold for AED 814,090 to 1,097,969 in the last 12 months, around AED 1,145 per sqft.

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Mortgage on 112, The Wings C

Starts from the last sale price (AED 675K, 20 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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