1-bed · 858 sqftBuilding 88, Arjan · 4th floor · completed 2020

406, Building 88

Sold prices and rental history: sold once, by the developer in October 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 400K11 October 2023
Current rentAED 70K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Building 88

What is 406 worth today?

Last sold for AED 400,000 in 2023

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15 May 2024RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft
11 Oct 2023Sold by developerReady
AED 400,000AED 466 per sqft
22 Sep 2023RentedNew contract
AED 58,000/yr12 months · AED 68 per sqft
1 Sep 2022RentedNew contract
AED 45,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
1-bed apartment
Size
858 sqft
Floor
4th of 4
Parking
G-50
Completed
2020
Service charge
AED 12,200 /yr
Last sold
AED 400K · October 2023
Building
Building 88

About 406, Building 88

406 is a one-bedroom apartment of 858 sqft on the 4th floor of Building 88, a 4-storey tower in Arjan completed in 2020. The developer sold it on 11 October 2023 for AED 400,000, or AED 466 per sqft, 20% below the AED 584 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 15 May 2024, is AED 70,000 a year: a gross yield of 17.5% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Building 88
500K750K1M20222023202420252026Typical sale price by year: 2022 AED 500,000; 2023 AED 715,000; 2024 AED 795,639; 2025 AED 940,000Sold by developer, October 2023: AED 400,000 (AED 466 per sqft)

406 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 406, each contractTypical one-bed in Building 88
60K202220242026Typical rent by year: 2022 AED 45,000; 2023 AED 48,500; 2024 AED 70,500; 2025 AED 70,000; 2026 AED 68,813New contract, September 2022: AED 45,000 a yearNew contract, September 2023: AED 58,000 a yearNew contract, May 2024: AED 70,000 a year

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

1-beds in Building 88, and where 406 sits

All 59 1-beds →

406 last sold in October 2023 at AED 466 per sqft, 20% below what one-beds in Building 88 were fetching at the time (AED 584). Over the last 12 months one-beds sold for AED 940,000, around AED 1,105 per sqft, and rent for AED 40,108 to 87,000 a year. 406's AED 70,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Aug 202668,281
14 Jan 202681,877
28 Nov 2025940,000
28 Oct 2025940,000
3 1-bed sales in the last 12 months

Building 88

Building

64 apartments, studios to 1-bed over 4 floors in Arjan, completed in 2020. 3 sold in the last 12 months.

Typical price per sqft
AED 1,105
Typical sale
AED 940K
Typical rent
AED 69K /yr
Typical yield
7.4%
Building 88, Arjan: prices, sales and rents →

Other units on the 4th floor

All 64 units in Building 88
Value
4051-bedAED 400K · Dec 2022
4071-bedAED 400K · Nov 2023
4081-bedAED 400K · Dec 2022

406, Building 88 in numbers

  • Sold once: by the developer on 11 October 2023 for AED 400,000, or AED 466 per sqft.
  • Rented since September 2022 on 3 Ejari contracts, from AED 45,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 17.5%, before a service charge of about AED 12,200 a year (AED 14.22 per sqft).
  • One-beds in Building 88 sold for AED 940,000–940,000 in the 12 months to November 2026; the building's median across all types is AED 1,105 per sqft.

Source: Dubai Land Department. Updated 15 May 2024.

Questions about 406, Building 88

What did unit 406 last sell for?

AED 400,000 on 11 October 2023, sold by the developer: AED 466 per sqft for 858 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 70,000 a year on the contract signed on 15 May 2024. The previous contract, from September 2023, was AED 58,000; the unit has been rented since September 2022.

How big is unit 406?

858 sqft (79.7 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2020.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Building 88 sold for AED 940,000 to 940,000 in the last 12 months, around AED 1,105 per sqft.

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Mortgage on 406, Building 88

Starts from the last sale price (AED 400K, 11 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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