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Studio · 458 sqftAl Ghaf 1, Arjan · 2nd floor

229, Al Ghaf 1

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

Unit 229 · DLD and Ejari recordsUpdated 10 April 2026
Last soldAED 675K3 March 2025
Current rentAED 52K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 229, Al Ghaf 1

What is 229 worth today?

Last sold for AED 675,000 in 2025

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10 Apr 2026RentedNew contract
AED 51,500/yr12 months · AED 112 per sqft
10 Apr 2025RentedNew contract
AED 50,000/yr12 months · AED 108 per sqft
3 Mar 2025Sold by developerReady
AED 675,000AED 1,474 per sqft
30 Sep 2023RentedRenewal
AED 36,800/yr12 months · AED 80 per sqft
30 Sep 2022RentedNew contract
AED 32,000/yr12 months · AED 70 per sqft
19 May 2021RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
Studio apartment
Size
458 sqft
Floor
2nd of 6
Parking
G-62
Service charge
AED 5,700 /yr
Last sold
AED 675K · March 2025
Building
Al Ghaf 1

About 229, Al Ghaf 1

229 is a studio of 458 sqft on the 2nd floor of Al Ghaf 1, a 6-storey tower in Arjan. The developer sold it on 3 March 2025 for AED 675,000, or AED 1,474 per sqft, 5% above the AED 1,400 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 10 April 2026, is AED 51,500 a year: a gross yield of 7.6% on the 2025 price, before the service charge of about AED 5,700 a year.

Sales and rents for 229 over time

Sales
Unit 229, 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, March 2025: AED 675,000 (AED 1,474 per sqft)

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

Rents
Unit 229, each contractTypical studio in Al Ghaf 1
40K2021202320252027Typical 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 yearNew contract, September 2022: AED 32,000 a yearRenewal, September 2023: AED 36,800 a yearNew contract, April 2025: AED 50,000 a yearNew contract, April 2026: AED 51,500 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 229 sits

All 52 studios →

229 last sold in March 2025 at AED 1,474 per sqft, 5% above what studios in Al Ghaf 1 were fetching at the time (AED 1,400). 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. 229's AED 51,500 is in the lower half 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

229, Al Ghaf 1 in numbers

  • Sold once: by the developer on 3 March 2025 for AED 675,000, or AED 1,474 per sqft.
  • Rented since May 2021 on 5 Ejari contracts, from AED 30,000 to AED 51,500 a year.
  • At AED 51,500 a year the gross yield on the 2025 price is 7.6%, before a service charge of about AED 5,700 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 10 April 2026.

Questions about 229, Al Ghaf 1

What did unit 229 last sell for?

AED 675,000 on 3 March 2025, sold by the developer: AED 1,474 per sqft for 458 sqft. It is the only registered sale of the unit.

What is the rent for unit 229?

AED 51,500 a year on the contract signed on 10 April 2026. The previous contract, from April 2025, was AED 50,000; the unit has been rented since May 2021.

How big is unit 229?

458 sqft (42.5 sqm): a studio on the 2nd floor of a 6-storey tower.

What is unit 229 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 229, Al Ghaf 1

Starts from the last sale price (AED 675K, 3 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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