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Studio · 465 sqftDivine Residences, Arjan · 1st floor · completed 2021

120, Divine Residences

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

Unit 120 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 418K2 September 2022
Current rentAED 48K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 120, Divine Residences

What is 120 worth today?

Last sold for AED 418,000 in 2022

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15 Oct 2026RentedRenewal
AED 48,000/yr12 months · AED 103 per sqft
15 Oct 2025RentedRenewal
AED 48,000/yr12 months · AED 103 per sqft
15 Oct 2024RentedRenewal
AED 48,000/yr12 months · AED 103 per sqft
15 Oct 2023RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
1 Oct 2022RentedNew contract
AED 32,000/yr12 months · AED 69 per sqft
2 Sep 2022Sold by developerReady
AED 418,000AED 899 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
Studio apartment
Size
465 sqft
Floor
1st of 6
Parking
G-11
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 418K · September 2022
Building
Divine Residences

About 120, Divine Residences

120 is a studio of 465 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 2 September 2022 for AED 418,000, or AED 899 per sqft, in line with the AED 899 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 48,000 a year: a gross yield of 11.5% on the 2022 price.

Sales and rents for 120 over time

Sales
Unit 120, each saleTypical studio in Divine Residences
400K500K600K2021202320252027Typical sale price by year: 2021 AED 429,750; 2022 AED 419,000; 2023 AED 545,000; 2024 AED 555,000; 2025 AED 595,000; 2026 AED 620,000Sold by developer, September 2022: AED 418,000 (AED 899 per sqft)

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

Rents
Unit 120, each contractTypical studio in Divine Residences
30K40K50K202220242026Typical rent by year: 2022 AED 34,000; 2023 AED 36,750; 2024 AED 45,000; 2025 AED 50,000; 2026 AED 48,000New contract, October 2022: AED 32,000 a yearNew contract, October 2023: AED 45,000 a yearRenewal, October 2024: AED 48,000 a yearRenewal, October 2025: AED 48,000 a yearRenewal, October 2026: AED 48,000 a year

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

Studios in Divine Residences, and where 120 sits

All 92 studios →

120 last sold in September 2022 at AED 899 per sqft, in line with what studios in Divine Residences were fetching at the time (AED 899). Over the last 12 months studios sold for AED 580,000 to 625,000, around AED 1,322 per sqft, and rent for AED 36,000 to 60,000 a year. 120's AED 48,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Jun 2026620,000
17 Feb 2026620,000
19 Jan 2026580,000
19 Jan 2026625,000
6 studio sales 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

120, Divine Residences in numbers

  • Sold once: by Takmeel Real Estate Development on 2 September 2022 for AED 418,000, or AED 899 per sqft.
  • Rented since October 2022 on 5 Ejari contracts, from AED 32,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2022 price is 11.5%.
  • Studios in Divine Residences sold for AED 580,000–625,000 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 15 October 2026.

Questions about 120, Divine Residences

What did unit 120 last sell for?

AED 418,000 on 2 September 2022, sold by the developer: AED 899 per sqft for 465 sqft. It is the only registered sale of the unit.

What is the rent for unit 120?

AED 48,000 a year on the contract renewed on 15 October 2026. The previous contract, from October 2025, was AED 48,000; the unit has been rented since October 2022.

How big is unit 120?

465 sqft (43.2 sqm): a studio on the 1st floor of a 6-storey tower completed in 2021.

What is unit 120 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Divine Residences sold for AED 580,000 to 625,000 in the last 12 months, around AED 1,322 per sqft.

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Mortgage on 120, Divine Residences

Starts from the last sale price (AED 418K, 2 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 418,000
Deposit, UAE resident (20%)
AED 83,600
Deposit, non-resident (40%)
AED 167,200
Monthly over 25 years at 3.7%
AED 1,710

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