Studio · 488 sqftVincitore Palacio, Arjan · 1st floor · completed 2017

120, Vincitore Palacio

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 19 March 2024
Last soldAED 450K19 March 2024
Current rentAED 34K /yr25 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 120, Vincitore Palacio

What is 120 worth today?

Last sold for AED 450,000 in 2024

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19 Mar 2024SoldReady
AED 450,000AED 922 per sqft
25 Jul 2022RentedNew contract
AED 34,000/yr6 months · AED 70 per sqft
15 Jan 2022RentedNew contract
AED 34,000/yr12 months · AED 70 per sqft
1 Oct 2021RentedNew contract
AED 24,000/yr12 months · AED 49 per sqft
5 Jul 2021RentedNew contract
AED 26,000/yr12 months · AED 53 per sqft
1 Apr 2021RentedNew contract
AED 28,000/yr12 months · AED 57 per sqft
2 Jun 2020RentedNew contract
AED 20,000/yr12 months · AED 41 per sqft
1 Sep 2019RentedNew contract
AED 34,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 19 March 2024.

Key facts

Type
Studio apartment
Size
488 sqft
Floor
1st of 4
Parking
G120
Developer
Vincitore Real Estate Development
Completed
2017
Service charge
AED 7,200 /yr
Last sold
AED 450K · March 2024

About 120, Vincitore Palacio

120 is a studio of 488 sqft on the 1st floor of Vincitore Palacio, a 4-storey tower in Arjan completed in 2017 by Vincitore Real Estate Development . It last sold on 19 March 2024 for AED 450,000, or AED 922 per sqft, 9% below the AED 1,010 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 25 July 2022, is AED 34,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 7,200 a year.

Sales and rents for 120 over time

Sales
Unit 120, each saleTypical studio in Vincitore Palacio
400K500K600K2016201920222025Typical sale price by year: 2016 AED 514,003; 2017 AED 565,605; 2018 AED 578,512; 2020 AED 365,000; 2021 AED 400,000; 2022 AED 410,000; 2023 AED 470,000; 2024 AED 482,500; 2025 AED 567,500Sold by developer, September 2016: AED 490,247 (AED 1,098 per sqft)Sold, March 2024: AED 450,000 (AED 922 per sqft)

120 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 120, each contractTypical studio in Vincitore Palacio
20K40K2018202120242027Typical rent by year: 2018 AED 45,000; 2019 AED 41,000; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 32,000; 2023 AED 37,000; 2024 AED 41,070; 2025 AED 46,000; 2026 AED 52,000New contract, June 2018: AED 42,000 a yearNew contract, September 2019: AED 34,000 a yearNew contract, June 2020: AED 20,000 a yearNew contract, April 2021: AED 28,000 a yearNew contract, July 2021: AED 26,000 a yearNew contract, October 2021: AED 24,000 a yearNew contract, January 2022: AED 34,000 a yearNew contract, July 2022: AED 34,000 a year

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

Studios in Vincitore Palacio, and where 120 sits

All 89 studios →

120 last sold in March 2024 at AED 922 per sqft, 9% below what studios in Vincitore Palacio were fetching at the time (AED 1,010). Over the last 12 months studios sold for AED 600,000 to 640,000, around AED 1,290 per sqft, and rent for AED 41,220 to 60,000 a year. 120's AED 34,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
12 Feb 2026600,000
14 Jul 2025570,000
24 Jun 2025600,000
12 May 2025565,000
2 studio sales in the last 12 months

Vincitore Palacio

Building

174 apartments, studios to 2-bed over 4 floors in Arjan, completed in 2017 by Vincitore Real Estate Development . 4 sold in the last 12 months.

Typical price per sqft
AED 1,290
Typical sale
AED 820K
Typical rent
AED 55K /yr
Typical yield
7.4%
Vincitore Palacio, Arjan: prices, sales and rents →

Other units on the 1st floor

All 174 units in Vincitore Palacio
Value
1012-bedNo registered sale
1021-bedAED 884K · Oct 2016
1031-bedAED 860K · Dec 2023
1041-bedAED 1.04M · Jul 2017
1051-bedAED 1.15M · Mar 2017
1061-bedNo registered sale
107StudioAED 580K · Dec 2024
1–7 of 42

120, Vincitore Palacio in numbers

  • Sold twice: first on 21 September 2016 for AED 490,247, last on 19 March 2024 for AED 450,000 (AED 922 per sqft).
  • Rented since June 2018 on 8 Ejari contracts. The rent fell from AED 42,000 to AED 20,000 in 2020 and recovered to AED 34,000 by July 2022.
  • At AED 34,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 7,200 a year (AED 14.82 per sqft).
  • Studios in Vincitore Palacio sold for AED 600,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 1,290 per sqft.

Source: Dubai Land Department. Updated 19 March 2024.

Questions about 120, Vincitore Palacio

What did unit 120 last sell for?

AED 450,000 on 19 March 2024: AED 922 per sqft for 488 sqft. The unit has 2 registered sales; the first was AED 490,247 in September 2016.

What is the rent for unit 120?

AED 34,000 a year on the contract signed on 25 July 2022. The previous contract, from January 2022, was AED 34,000; the unit has been rented since June 2018.

How big is unit 120?

488 sqft (45.3 sqm): a studio on the 1st floor of a 4-storey tower completed in 2017.

What is unit 120 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Vincitore Palacio sold for AED 600,000 to 640,000 in the last 12 months, around AED 1,290 per sqft.

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Mortgage on 120, Vincitore Palacio

Starts from the last sale price (AED 450K, 19 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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