Studio · 415 sqftAl Ghaf 1, Arjan · 3rd floor

318, Al Ghaf 1

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

Unit 318 · DLD and Ejari recordsUpdated 8 March 2025
Last soldAED 432K23 February 2023
Current rentAED 50K /yr8 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Al Ghaf 1

What is 318 worth today?

Last sold for AED 431,725 in 2023

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8 Mar 2025RentedNew contract
AED 50,000/yr12 months · AED 120 per sqft
8 Mar 2025RentedNew contract
AED 50,000/yr12 months · AED 120 per sqft
21 Aug 2024RentedRenewal
AED 38,848/yr3 months · AED 94 per sqft
21 Aug 2023RentedNew contract
AED 37,000/yr12 months · AED 89 per sqft
23 Feb 2023Sold by developerReady
AED 431,725AED 1,039 per sqft
15 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 72 per sqft
27 Jun 2021RentedNew contract
AED 26,000/yr13 months · AED 63 per sqft

Source: Dubai Land Department. Updated 8 March 2025.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
3rd of 6
Parking
G-81
Service charge
AED 5,200 /yr
Last sold
AED 432K · February 2023
Building
Al Ghaf 1

About 318, Al Ghaf 1

318 is a studio of 415 sqft on the 3rd floor of Al Ghaf 1, a 6-storey tower in Arjan. The developer sold it on 23 February 2023 for AED 431,725, or AED 1,039 per sqft, in line with the AED 1,025 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 8 March 2025, is AED 50,000 a year: a gross yield of 11.6% on the 2023 price, before the service charge of about AED 5,200 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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, February 2023: AED 431,725 (AED 1,039 per sqft)

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

Rents
Unit 318, 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, June 2021: AED 26,000 a yearNew contract, August 2022: AED 30,000 a yearNew contract, August 2023: AED 37,000 a yearRenewal, August 2024: AED 38,848 a yearNew contract, March 2025: AED 50,000 a yearNew contract, March 2025: AED 50,000 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 318 sits

All 52 studios →

318 last sold in February 2023 at AED 1,039 per sqft, in line with what studios in Al Ghaf 1 were fetching at the time (AED 1,025). 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. 318's AED 50,000 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 3rd floor

All 126 units in Al Ghaf 1
Value
3012-bedAED 838K · Jun 2023
3023-bedAED 1.11M · Jul 2024
3031-bedAED 790K · Oct 2023
304StudioAED 436K · Sep 2022
3053-bedAED 879K · Sep 2022
3063-bedAED 1.1M · Feb 2025
3071-bedAED 905K · Mar 2024
1–7 of 29

318, Al Ghaf 1 in numbers

  • Sold once: by the developer on 23 February 2023 for AED 431,725, or AED 1,039 per sqft.
  • Rented since June 2021 on 6 Ejari contracts, from AED 26,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 11.6%, before a service charge of about AED 5,200 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 8 March 2025.

Questions about 318, Al Ghaf 1

What did unit 318 last sell for?

AED 431,725 on 23 February 2023, sold by the developer: AED 1,039 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 318?

AED 50,000 a year on the contract signed on 8 March 2025. The previous contract, from March 2025, was AED 50,000; the unit has been rented since June 2021.

How big is unit 318?

415 sqft (38.6 sqm): a studio on the 3rd floor of a 6-storey tower.

What is unit 318 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 318, Al Ghaf 1

Starts from the last sale price (AED 432K, 23 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 431,725
Deposit, UAE resident (20%)
AED 86,345
Deposit, non-resident (40%)
AED 172,690
Monthly over 25 years at 3.7%
AED 1,766

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