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1-bed · 775 sqftThe Wings C, Arjan · 4th floor · completed 2019

417, The Wings C

Sold prices and rental history: sold once, by the developer in March 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 26 September 2022
Last soldAED 700K23 March 2022
Current rentAED 65K /yr26 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 417, The Wings C

What is 417 worth today?

Last sold for AED 700,000 in 2022

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26 Sep 2022RentedNew contract
AED 65,000/yr12 months · AED 84 per sqft
23 Mar 2022Sold by developerReady
AED 700,000AED 903 per sqft
1 Feb 2022RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
1 Jun 2020RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 26 September 2022.

Key facts

Type
1-bed apartment
Size
775 sqft
Floor
4th of 4
Parking
G-223
Developer
Almizan Property Developer
Completed
2019
Service charge
AED 10,100 /yr
Last sold
AED 700K · March 2022
Building
The Wings C

About 417, The Wings C

417 is a one-bedroom apartment of 775 sqft on the 4th floor of The Wings C, a 4-storey tower in Arjan completed in 2019 by Almizan Property Developer. The developer sold it on 23 March 2022 for AED 700,000, or AED 903 per sqft, in line with the AED 901 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 26 September 2022, is AED 65,000 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 10,100 a year.

Sales and rents for 417 over time

Sales
Unit 417, 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, March 2022: AED 700,000 (AED 903 per sqft)

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

Rents
Unit 417, 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, June 2020: AED 60,000 a yearNew contract, February 2022: AED 50,000 a yearNew contract, September 2022: AED 65,000 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 417 sits

All 94 1-beds →

417 last sold in March 2022 at AED 903 per sqft, in line with what one-beds in The Wings C were fetching at the time (AED 901). 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. 417's AED 65,000 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 4th floor

All 100 units in The Wings C
Value
4011-bedAED 700K · Aug 2023
4021-bedAED 690K · Jun 2021
4031-bedAED 740K · Dec 2023
4041-bedAED 826K · Jul 2024
4051-bedAED 755K · Mar 2024
4061-bedAED 880K · Sep 2024
4071-bedAED 750K · Oct 2022
1–7 of 24

417, The Wings C in numbers

  • Sold once: by Almizan Property Developer on 23 March 2022 for AED 700,000, or AED 903 per sqft.
  • Rented since June 2020 on 3 Ejari contracts. The rent fell from AED 60,000 to AED 50,000 in 2022 and recovered to AED 65,000 by September 2022.
  • At AED 65,000 a year the gross yield on the 2022 price is 9.3%, before a service charge of about AED 10,100 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 26 September 2022.

Questions about 417, The Wings C

What did unit 417 last sell for?

AED 700,000 on 23 March 2022, sold by the developer: AED 903 per sqft for 775 sqft. It is the only registered sale of the unit.

What is the rent for unit 417?

AED 65,000 a year on the contract signed on 26 September 2022. The previous contract, from February 2022, was AED 50,000; the unit has been rented since June 2020.

How big is unit 417?

775 sqft (72.0 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2019.

What is unit 417 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 417, The Wings C

Starts from the last sale price (AED 700K, 23 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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