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2-bed · 1,168 sqftDivine Residences, Arjan · 1st floor · completed 2021

108, Divine Residences

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

Unit 108 · DLD and Ejari recordsUpdated 23 September 2022
Last soldAED 926K10 February 2022
Current rentAED 70K /yr23 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 108, Divine Residences

What is 108 worth today?

Last sold for AED 926,000 in 2022

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23 Sep 2022RentedNew contract
AED 70,000/yr12 months · AED 60 per sqft
1 May 2022RentedNew contract
AED 70,000/yr12 months · AED 60 per sqft
10 Feb 2022Sold by developerReady
AED 926,000AED 792 per sqft

Source: Dubai Land Department. Updated 23 September 2022.

Key facts

Type
2-bed apartment
Size
1,168 sqft
Floor
1st of 6
Parking
G-125
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 926K · February 2022
Building
Divine Residences

About 108, Divine Residences

108 is a two-bedroom apartment of 1,168 sqft on the 1st floor of Divine Residences, a 6-storey tower in Arjan completed in 2021 by Takmeel Real Estate Development . The developer sold it on 10 February 2022 for AED 926,000, or AED 792 per sqft, in line with the AED 789 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 23 September 2022, is AED 70,000 a year: a gross yield of 7.6% on the 2022 price.

Sales and rents for 108 over time

Rents
Unit 108, each contractTypical two-bed in Divine Residences
70K80K90K202220242026Typical rent by year: 2022 AED 71,500; 2023 AED 75,000; 2024 AED 75,000; 2025 AED 77,000; 2026 AED 89,880New contract, May 2022: AED 70,000 a yearNew contract, September 2022: AED 70,000 a year

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

2-beds in Divine Residences, and where 108 sits

All 38 2-beds →

108 last sold in February 2022 at AED 792 per sqft, in line with what two-beds in Divine Residences were fetching at the time (AED 789). Over the last 12 months two-beds sold for AED 1,620,000, around AED 1,386 per sqft, and rent for AED 70,000 to 110,000 a year. 108's AED 70,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Apr 20261,620,000
3 Sep 20241,630,000
31 May 20241,170,000
30 Nov 2023844,053
1 2-bed sale in the last 12 months

Divine Residences

Building

169 apartments, studios to 2-bed over 6 floors in Arjan, completed in 2021 by Takmeel Real Estate Development . 13 sold in the last 12 months.

Typical price per sqft
AED 1,322
Typical sale
AED 1.07M
Typical rent
AED 53K /yr
Typical yield
7.5%
Divine Residences, Arjan: prices, sales and rents →

Other units on the 1st floor

All 169 units in Divine Residences
Value
1011-bedAED 695K · Dec 2021
1021-bedAED 950K · Feb 2024
1032-bedAED 980K · Feb 2022
1042-bedAED 1.05M · Feb 2022
1052-bedAED 928K · Feb 2022
1062-bedAED 991K · Apr 2022
1072-bedAED 865K · May 2022
1–7 of 26

108, Divine Residences in numbers

  • Sold once: by Takmeel Real Estate Development on 10 February 2022 for AED 926,000, or AED 792 per sqft.
  • Rented since May 2022 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 7.6%.
  • Two-beds in Divine Residences sold for AED 1,620,000–1,620,000 in the 12 months to November 2026; the building's median across all types is AED 1,322 per sqft.

Source: Dubai Land Department. Updated 23 September 2022.

Questions about 108, Divine Residences

What did unit 108 last sell for?

AED 926,000 on 10 February 2022, sold by the developer: AED 792 per sqft for 1,168 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 70,000 a year on the contract signed on 23 September 2022. The previous contract, from May 2022, was AED 70,000.

How big is unit 108?

1,168 sqft (108.5 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2021.

What is unit 108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Divine Residences sold for AED 1,620,000 to 1,620,000 in the last 12 months, around AED 1,386 per sqft.

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Mortgage on 108, Divine Residences

Starts from the last sale price (AED 926K, 10 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 926,000
Deposit, UAE resident (20%)
AED 185,200
Deposit, non-resident (40%)
AED 370,400
Monthly over 25 years at 3.7%
AED 3,789

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