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Studio · 428 sqftAl Ghaf 1, Arjan · 2nd floor

224, Al Ghaf 1

Sold prices and rental history: sold once, by the developer in May 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 224 · DLD and Ejari recordsUpdated 5 May 2025
Last soldAED 630K5 May 2025
Current rentAED 39K /yr5 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 224, Al Ghaf 1

What is 224 worth today?

Last sold for AED 630,000 in 2025

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5 May 2025Sold by developerReady
AED 630,000AED 1,473 per sqft
5 Jun 2024RentedRenewal
AED 39,414/yr4 months · AED 92 per sqft
5 Jun 2023RentedRenewal
AED 34,500/yr12 months · AED 81 per sqft
5 Jun 2022RentedNew contract
AED 30,000/yr12 months · AED 70 per sqft
15 Aug 2021RentedNew contract
AED 27,000/yr13 months · AED 63 per sqft

Source: Dubai Land Department. Updated 5 May 2025.

Key facts

Type
Studio apartment
Size
428 sqft
Floor
2nd of 6
Parking
G-57
Service charge
AED 5,300 /yr
Last sold
AED 630K · May 2025
Building
Al Ghaf 1

About 224, Al Ghaf 1

224 is a studio of 428 sqft on the 2nd floor of Al Ghaf 1, a 6-storey tower in Arjan. The developer sold it on 5 May 2025 for AED 630,000, or AED 1,473 per sqft, 5% above the AED 1,407 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 5 June 2024, is AED 39,414 a year: a gross yield of 6.3% on the 2025 price, before the service charge of about AED 5,300 a year.

Sales and rents for 224 over time

Sales
Unit 224, each saleTypical studio in Al Ghaf 1
400K600K2021202320252027Typical sale price by year: 2021 AED 395,000; 2022 AED 425,000; 2023 AED 432,619; 2024 AED 565,000; 2025 AED 630,000; 2026 AED 540,000Sold by developer, May 2025: AED 630,000 (AED 1,473 per sqft)

224 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 224, each contractTypical studio in Al Ghaf 1
30K40K50K2021202320252027Typical rent by year: 2021 AED 26,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 44,000; 2025 AED 47,000; 2026 AED 45,338New contract, August 2021: AED 27,000 a yearNew contract, June 2022: AED 30,000 a yearRenewal, June 2023: AED 34,500 a yearRenewal, June 2024: AED 39,414 a year

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

Studios in Al Ghaf 1, and where 224 sits

All 52 studios →

224 last sold in May 2025 at AED 1,473 per sqft, 5% above what studios in Al Ghaf 1 were fetching at the time (AED 1,407). Over the last 12 months studios sold for AED 423,288 to 643,000, around AED 1,444 per sqft, and rent for AED 39,900 to 67,200 a year. 224's AED 39,414 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Aug 2026643,000
13 Jul 2026540,000
5 Jan 2026423,288
22 Dec 2025630,000
6 studio sales in the last 12 months

Al Ghaf 1

Building

126 apartments, studios to 4-bed over 6 floors in Arjan. 10 sold in the last 12 months.

Typical price per sqft
AED 1,444 Up 7.8%
Typical sale
AED 619K
Typical rent
AED 60K /yr
Typical yield
7.3%
Al Ghaf 1, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 126 units in Al Ghaf 1
Value
2011-bedAED 1M · Sep 2024
2023-bedAED 1.11M · Sep 2024
2033-bedAED 910K · Sep 2024
2044-bedAED 471K · Dec 2023
2053-bedAED 980K · Mar 2024
2063-bedAED 1.15M · Jan 2025
2071-bedAED 1.09M · Dec 2024
1–7 of 29

224, Al Ghaf 1 in numbers

  • Sold once: by the developer on 5 May 2025 for AED 630,000, or AED 1,473 per sqft.
  • Rented since August 2021 on 4 Ejari contracts, from AED 27,000 to AED 39,414 a year.
  • At AED 39,414 a year the gross yield on the 2025 price is 6.3%, before a service charge of about AED 5,300 a year (AED 12.41 per sqft).
  • Studios in Al Ghaf 1 sold for AED 423,288–643,000 in the 12 months to November 2026; the building's median across all types is AED 1,444 per sqft.

Source: Dubai Land Department. Updated 5 May 2025.

Questions about 224, Al Ghaf 1

What did unit 224 last sell for?

AED 630,000 on 5 May 2025, sold by the developer: AED 1,473 per sqft for 428 sqft. It is the only registered sale of the unit.

What is the rent for unit 224?

AED 39,414 a year on the contract renewed on 5 June 2024. The previous contract, from June 2023, was AED 34,500; the unit has been rented since August 2021.

How big is unit 224?

428 sqft (39.8 sqm): a studio on the 2nd floor of a 6-storey tower.

What is unit 224 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Ghaf 1 sold for AED 423,288 to 643,000 in the last 12 months, around AED 1,444 per sqft.

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Mortgage on 224, Al Ghaf 1

Starts from the last sale price (AED 630K, 5 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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