Studio · 467 sqftVincitore Palacio, Arjan · 4th floor · completed 2017

408, 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 408 · DLD and Ejari recordsUpdated 2 February 2025
Last soldAED 475K13 March 2024
Current rentAED 46K /yr2 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Vincitore Palacio

What is 408 worth today?

Last sold for AED 475,000 in 2024

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2 Feb 2025RentedNew contract
AED 46,000/yr12 months · AED 98 per sqft
13 Mar 2024SoldReady
AED 475,000AED 1,016 per sqft
2 Feb 2024RentedRenewal
AED 43,000/yr12 months · AED 93 per sqft
2 Feb 2023RentedNew contract
AED 43,000/yr12 months · AED 93 per sqft
15 May 2019RentedNew contract
AED 39,000/yr12 months · AED 83 per sqft
3 Apr 2018RentedNew contract
AED 45,000/yr12 months · AED 96 per sqft
8 Jan 2017Sold by developerOff-plan
AED 548,527AED 1,174 per sqft

Source: Dubai Land Department. Updated 2 February 2025.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
4th of 4
Parking
G111
Developer
Vincitore Real Estate Development
Completed
2017
Service charge
AED 6,900 /yr
Last sold
AED 475K · March 2024

About 408, Vincitore Palacio

408 is a studio of 467 sqft on the 4th floor of Vincitore Palacio, a 4-storey tower in Arjan completed in 2017 by Vincitore Real Estate Development . It last sold on 13 March 2024 for AED 475,000, or AED 1,016 per sqft, in line with the AED 1,010 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 2 February 2025, is AED 46,000 a year: a gross yield of 9.7% on the 2024 price, before the service charge of about AED 6,900 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, January 2017: AED 548,527 (AED 1,174 per sqft)Sold, March 2024: AED 475,000 (AED 1,016 per sqft)

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

Rents
Unit 408, each contractTypical studio in Vincitore Palacio
40K2018202120242027Typical 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, April 2018: AED 45,000 a yearNew contract, May 2019: AED 39,000 a yearNew contract, February 2023: AED 43,000 a yearRenewal, February 2024: AED 43,000 a yearNew contract, February 2025: AED 46,000 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 408 sits

All 89 studios →

408 last sold in March 2024 at AED 1,016 per sqft, in line with 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. 408's AED 46,000 is in the lower half 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 4th floor

All 174 units in Vincitore Palacio
Value
4012-bedAED 1.38M · Mar 2017
402StudioAED 490K · Dec 2016
4031-bedAED 1.04M · Mar 2025
4041-bedAED 895K · Nov 2016
4051-bedAED 896K · Oct 2016
4061-bedAED 1.1M · May 2024
4071-bedAED 950K · Jun 2025
1–7 of 43

408, Vincitore Palacio in numbers

  • Sold twice: first on 8 January 2017 for AED 548,527, last on 13 March 2024 for AED 475,000 (AED 1,016 per sqft).
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 39,000 in 2019 and recovered to AED 46,000 by February 2025.
  • At AED 46,000 a year the gross yield on the 2024 price is 9.7%, before a service charge of about AED 6,900 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 2 February 2025.

Questions about 408, Vincitore Palacio

What did unit 408 last sell for?

AED 475,000 on 13 March 2024: AED 1,016 per sqft for 467 sqft. The unit has 2 registered sales; the first was AED 548,527 in January 2017.

What is the rent for unit 408?

AED 46,000 a year on the contract signed on 2 February 2025. The previous contract, from February 2024, was AED 43,000; the unit has been rented since April 2018.

How big is unit 408?

467 sqft (43.4 sqm): a studio on the 4th floor of a 4-storey tower completed in 2017.

What is unit 408 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 408, Vincitore Palacio

Starts from the last sale price (AED 475K, 13 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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