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Studio · 466 sqftDivine Residences, Arjan · 2nd floor · completed 2021

212, Divine Residences

Sold prices and rental history: sold twice, last in November 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 445K9 November 2023
Current rentAED 50K /yr25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 212, Divine Residences

What is 212 worth today?

Last sold for AED 445,000 in 2023

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25 Mar 2024RentedNew contract
AED 50,000/yr12 months · AED 108 per sqft
9 Nov 2023SoldReady
AED 445,000AED 955 per sqft
6 Jan 2023RentedNew contract
AED 40,200/yr12 months · AED 87 per sqft
21 Dec 2022Sold by developerReady
AED 446,000AED 957 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
Studio apartment
Size
466 sqft
Floor
2nd of 6
Parking
G-16
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 445K · November 2023
Building
Divine Residences

About 212, Divine Residences

212 is a studio of 466 sqft on the 2nd floor of Divine Residences, a 6-storey tower in Arjan completed in 2021 by Takmeel Real Estate Development . It last sold on 9 November 2023 for AED 445,000, or AED 955 per sqft, in line with the AED 956 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 25 March 2024, is AED 50,000 a year: a gross yield of 11.2% on the 2023 price.

Sales and rents for 212 over time

Sales
Unit 212, 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, December 2022: AED 446,000 (AED 957 per sqft)Sold, November 2023: AED 445,000 (AED 955 per sqft)

212 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 212, each contractTypical studio in Divine Residences
40K50K202220242026Typical rent by year: 2022 AED 34,000; 2023 AED 36,750; 2024 AED 45,000; 2025 AED 50,000; 2026 AED 48,000New contract, January 2023: AED 40,200 a yearNew contract, March 2024: 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 Divine Residences, and where 212 sits

All 92 studios →

212 last sold in November 2023 at AED 955 per sqft, in line with what studios in Divine Residences were fetching at the time (AED 956). 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. 212's AED 50,000 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 2nd floor

All 169 units in Divine Residences
Value
2011-bedAED 666K · Jan 2022
2021-bedAED 925K · Jul 2024
2031-bedAED 1.02M · Jan 2025
2042-bedAED 1.1M · Feb 2022
2052-bedAED 1.06M · Apr 2022
2061-bedAED 653K · May 2022
2072-bedAED 848K · Jun 2022
1–7 of 29

212, Divine Residences in numbers

  • Sold twice: first on 21 December 2022 for AED 446,000, last on 9 November 2023 for AED 445,000 (AED 955 per sqft).
  • Rented since January 2023 on 2 Ejari contracts, from AED 40,200 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 11.2%.
  • 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 25 March 2024.

Questions about 212, Divine Residences

What did unit 212 last sell for?

AED 445,000 on 9 November 2023: AED 955 per sqft for 466 sqft. The unit has 2 registered sales; the first was AED 446,000 in December 2022.

What is the rent for unit 212?

AED 50,000 a year on the contract signed on 25 March 2024. The previous contract, from January 2023, was AED 40,200.

How big is unit 212?

466 sqft (43.3 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2021.

What is unit 212 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 212, Divine Residences

Starts from the last sale price (AED 445K, 9 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 445,000
Deposit, UAE resident (20%)
AED 89,000
Deposit, non-resident (40%)
AED 178,000
Monthly over 25 years at 3.7%
AED 1,821

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