Studio · 472 sqftAl Ghaf 1, Arjan · 2nd floor

227, Al Ghaf 1

Sold prices and rental history: sold once, by the developer in December 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 227 · DLD and Ejari recordsUpdated 14 December 2023
Last soldAED 567K14 December 2023
Current rentAED 35K /yr25 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 227, Al Ghaf 1

What is 227 worth today?

Last sold for AED 566,526 in 2023

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14 Dec 2023Sold by developerReady
AED 566,526AED 1,199 per sqft
25 May 2023RentedRenewal
AED 34,650/yr12 months · AED 73 per sqft
25 May 2022RentedRenewal
AED 31,500/yr12 months · AED 67 per sqft
25 May 2021RentedNew contract
AED 30,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 14 December 2023.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
2nd of 6
Parking
G-60
Service charge
AED 5,900 /yr
Last sold
AED 567K · December 2023
Building
Al Ghaf 1

About 227, Al Ghaf 1

227 is a studio of 472 sqft on the 2nd floor of Al Ghaf 1, a 6-storey tower in Arjan. The developer sold it on 14 December 2023 for AED 566,526, or AED 1,199 per sqft, 15% above the AED 1,040 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 25 May 2023, is AED 34,650 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 5,900 a year.

Sales and rents for 227 over time

Sales
Unit 227, 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, December 2023: AED 566,526 (AED 1,199 per sqft)

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

Rents
Unit 227, 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, May 2021: AED 30,000 a yearRenewal, May 2022: AED 31,500 a yearRenewal, May 2023: AED 34,650 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 227 sits

All 52 studios →

227 last sold in December 2023 at AED 1,199 per sqft, 15% above what studios in Al Ghaf 1 were fetching at the time (AED 1,040). 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. 227's AED 34,650 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

227, Al Ghaf 1 in numbers

  • Sold once: by the developer on 14 December 2023 for AED 566,526, or AED 1,199 per sqft.
  • Rented since May 2021 on 3 Ejari contracts, from AED 30,000 to AED 34,650 a year.
  • At AED 34,650 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 5,900 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 14 December 2023.

Questions about 227, Al Ghaf 1

What did unit 227 last sell for?

AED 566,526 on 14 December 2023, sold by the developer: AED 1,199 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit 227?

AED 34,650 a year on the contract renewed on 25 May 2023. The previous contract, from May 2022, was AED 31,500; the unit has been rented since May 2021.

How big is unit 227?

472 sqft (43.9 sqm): a studio on the 2nd floor of a 6-storey tower.

What is unit 227 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 227, Al Ghaf 1

Starts from the last sale price (AED 567K, 14 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 566,526
Deposit, UAE resident (20%)
AED 113,305
Deposit, non-resident (40%)
AED 226,610
Monthly over 25 years at 3.7%
AED 2,318

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