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1-bed · 952 sqftDivine Residences, Arjan · 2nd floor · completed 2021

227, Divine Residences

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

Unit 227 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 809K13 January 2022
Current rentAED 26K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 227, Divine Residences

What is 227 worth today?

Last sold for AED 809,000 in 2022

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1 Feb 2023RentedRenewal
AED 26,250/yr24 months · AED 28 per sqft
1 Feb 2023RentedRenewal · flagged as an outlier
AED 26,250/yr24 months · AED 28 per sqft
1 Feb 2022RentedNew contract
AED 50,000/yr12 months · AED 53 per sqft
13 Jan 2022Sold by developerReady
AED 809,000AED 849 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
1-bed apartment
Size
952 sqft
Floor
2nd of 6
Parking
G-152
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 809K · January 2022
Building
Divine Residences

About 227, Divine Residences

227 is a one-bedroom apartment of 952 sqft on the 2nd floor of Divine Residences, a 6-storey tower in Arjan completed in 2021 by Takmeel Real Estate Development . The developer sold it on 13 January 2022 for AED 809,000, or AED 849 per sqft, 3% above the AED 824 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 26,250 a year: a gross yield of 3.2% on the 2022 price.

Sales and rents for 227 over time

Sales
Unit 227, each saleTypical one-bed in Divine Residences
750K1M2021202320252027Typical sale price by year: 2021 AED 665,175; 2022 AED 711,980; 2023 AED 845,000; 2024 AED 925,000; 2026 AED 1,137,500Sold by developer, January 2022: AED 809,000 (AED 849 per sqft)

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

Rents
Unit 227, each contractTypical one-bed in Divine Residences
25K50K75K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 62,000; 2024 AED 65,000; 2025 AED 80,000; 2026 AED 77,500New contract, February 2022: AED 50,000 a yearRenewal, February 2023: AED 26,250 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 Divine Residences, and where 227 sits

All 39 1-beds →

227 last sold in January 2022 at AED 849 per sqft, 3% above what one-beds in Divine Residences were fetching at the time (AED 824). Over the last 12 months one-beds sold for AED 1,065,000 to 1,180,000, around AED 1,303 per sqft, and rent for AED 57,173 to 108,434 a year. 227's AED 26,250 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Jul 20261,180,000
1 Jul 20261,080,000
15 May 20261,125,000
2 Apr 20261,150,000
6 1-bed 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

227, Divine Residences in numbers

  • Sold once: by Takmeel Real Estate Development on 13 January 2022 for AED 809,000, or AED 849 per sqft.
  • Rented since February 2022 on 3 Ejari contracts, from AED 50,000 to AED 26,250 a year.
  • At AED 26,250 a year the gross yield on the 2022 price is 3.2%.
  • One-beds in Divine Residences sold for AED 1,065,000–1,180,000 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 1 February 2023.

Questions about 227, Divine Residences

What did unit 227 last sell for?

AED 809,000 on 13 January 2022, sold by the developer: AED 849 per sqft for 952 sqft. It is the only registered sale of the unit.

What is the rent for unit 227?

AED 26,250 a year on the contract renewed on 1 February 2023. The previous contract, from February 2023, was AED 26,250; the unit has been rented since February 2022.

How big is unit 227?

952 sqft (88.4 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2021.

What is unit 227 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Divine Residences sold for AED 1,065,000 to 1,180,000 in the last 12 months, around AED 1,303 per sqft.

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Mortgage on 227, Divine Residences

Starts from the last sale price (AED 809K, 13 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 809,000
Deposit, UAE resident (20%)
AED 161,800
Deposit, non-resident (40%)
AED 323,600
Monthly over 25 years at 3.7%
AED 3,310

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