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Studio · 593 sqftArno Riverside, The Views · 5th floor · completed 2006

502, Arno Riverside

Sold prices and rental history: sold twice, last in January 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 712K28 January 2009
Current rentAED 85K /yr25 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Arno Riverside

What is 502 worth today?

Last sold for AED 711,600 in 2009

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25 Apr 2024RentedNew contract
AED 85,000/yr12 months · AED 144 per sqft
1 Apr 2023RentedNew contract
AED 70,000/yr12 months · AED 118 per sqft
1 Aug 2020RentedRenewal
AED 60,000/yr13 months · AED 101 per sqft
1 Aug 2019RentedRenewal
AED 65,000/yr12 months · AED 110 per sqft
18 Oct 2014RentedNew contract
AED 76,000/yr12 months · AED 128 per sqft
1 Dec 2013RentedNew contract
AED 51,000/yr12 months · AED 86 per sqft
28 Jan 2009Sold by developerReady
AED 711,600AED 1,200 per sqft
28 Jan 2009SoldReady
AED 448,888AED 756 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
Studio apartment
Size
593 sqft
Floor
5th of 6
Parking
156
Developer
Emaar
Completed
2006
Service charge
AED 11,100 /yr
Last sold
AED 712K · January 2009
Building
Arno Riverside

About 502, Arno Riverside

502 is a studio of 593 sqft on the 5th floor of Arno Riverside, a 6-storey tower in The Views completed in 2006 by Emaar. The developer sold it on 28 January 2009 for AED 711,600, or AED 1,200 per sqft, 17% below the AED 1,450 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 25 April 2024, is AED 85,000 a year: a gross yield of 11.9% on the 2009 price, before the service charge of about AED 11,100 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical studio in Arno Riverside
500K750K1M2008201320182023Typical sale price by year: 2008 AED 859,750; 2009 AED 620,655; 2010 AED 438,888; 2011 AED 485,444; 2024 AED 945,000Sold by developer, January 2009: AED 711,600 (AED 1,200 per sqft)Sold, January 2009: AED 448,888 (AED 756 per sqft)

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

Rents
Unit 502, each contractTypical studio in Arno Riverside
50K75K2013201720212025Typical rent by year: 2013 AED 55,000; 2014 AED 68,000; 2015 AED 78,500; 2016 AED 76,000; 2017 AED 70,000; 2018 AED 62,000; 2019 AED 55,000; 2020 AED 40,000; 2021 AED 39,425; 2022 AED 46,500; 2023 AED 60,000; 2024 AED 67,000; 2025 AED 71,500New contract, December 2013: AED 51,000 a yearNew contract, October 2014: AED 76,000 a yearRenewal, August 2019: AED 65,000 a yearRenewal, August 2020: AED 60,000 a yearNew contract, April 2023: AED 70,000 a yearNew contract, April 2024: AED 85,000 a year

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

Studios in Arno Riverside, and where 502 sits

All 14 studios →

502 last sold in January 2009 at AED 1,200 per sqft, 17% below what studios in Arno Riverside were fetching at the time (AED 1,450).

Recent studio salesUnit no.Price (AED)Summary
27 May 20251,050,000
9 Sep 20241,015,000
28 May 2024771,000
20 May 2024945,000
0 studio sales in the last 12 months

Arno Riverside

Building

177 apartments, studios to 3-bed over 6 floors in The Views, completed in 2006 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 1,680
Typical sale
AED 2.04M
Typical rent
AED 120K /yr
Typical yield
6.3%
Arno Riverside, The Views: prices, sales and rents →

Other units on the 5th floor

All 177 units in Arno Riverside
Value
5011-bedAED 1.37M · Jun 2025
5032-bedAED 1.18M · May 2012
504StudioAED 730K · Sep 2018
5051-bedAED 920K · Jul 2022
5061-bedAED 832K · Feb 2011
5162-bedAED 925K · Sep 2016
5172-bedAED 1.83M · May 2023
1–7 of 14

502, Arno Riverside in numbers

  • Sold twice: first on 28 January 2009 for AED 448,888, last on 28 January 2009 for AED 711,600 (AED 1,200 per sqft).
  • Rented since December 2013 on 6 Ejari contracts, from AED 51,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2009 price is 11.9%, before a service charge of about AED 11,100 a year (AED 18.70 per sqft).

Source: Dubai Land Department. Updated 25 April 2024.

Questions about 502, Arno Riverside

What did unit 502 last sell for?

AED 711,600 on 28 January 2009, sold by the developer: AED 1,200 per sqft for 593 sqft. The unit has 2 registered sales; the first was AED 448,888 in January 2009.

What is the rent for unit 502?

AED 85,000 a year on the contract signed on 25 April 2024. The previous contract, from April 2023, was AED 70,000; the unit has been rented since December 2013.

How big is unit 502?

593 sqft (55.1 sqm): a studio on the 5th floor of a 6-storey tower completed in 2006.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 502, Arno Riverside

Starts from the last sale price (AED 712K, 28 January 2009). Switch to today's estimate once you have unlocked it.
Price
AED 711,600
Deposit, UAE resident (20%)
AED 142,320
Deposit, non-resident (40%)
AED 284,640
Monthly over 25 years at 3.7%
AED 2,911

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