2-bed · 1,060 sqftDivine Residences, Arjan · 3rd floor · completed 2021

307, Divine Residences

Sold prices and rental history: sold twice, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 1.17M31 May 2024
Current rentAED 76K /yr12 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Divine Residences

What is 307 worth today?

Last sold for AED 1,170,000 in 2024

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31 May 2024SoldReady
AED 1,170,000AED 1,103 per sqft
12 Sep 2023RentedNew contract
AED 76,000/yr12 months · AED 72 per sqft
12 Sep 2022RentedNew contract
AED 76,000/yr12 months · AED 72 per sqft
3 Aug 2022Sold by developerReady
AED 907,200AED 855 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
2-bed apartment
Size
1,060 sqft
Floor
3rd of 6
Parking
G-96
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 1.17M · May 2024

About 307, Divine Residences

307 is a two-bedroom apartment of 1,060 sqft on the 3rd floor of Divine Residences, a 6-storey tower in Arjan completed in 2021 by Takmeel Real Estate Development . It last sold on 31 May 2024 for AED 1,170,000, or AED 1,103 per sqft.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 12 September 2023, is AED 76,000 a year: a gross yield of 6.5% on the 2024 price.

Sales and rents for 307 over time

Rents
Unit 307, 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, September 2022: AED 76,000 a yearNew contract, September 2023: AED 76,000 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 307 sits

All 38 2-beds →

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. 307's AED 76,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Apr 20261,620,000
3 Sep 20241,630,000
30 Nov 2023844,053
25 Apr 2023750,000
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 3rd floor

All 169 units in Divine Residences
Value
3011-bedAED 1.15M · Apr 2026
3021-bedAED 900K · Jul 2023
3031-bedAED 615K · Jun 2022
3041-bedAED 769K · May 2022
3052-bedAED 1.07M · Apr 2022
306StudioAED 350K · Nov 2021
3082-bedAED 930K · Jan 2022
1–7 of 28

307, Divine Residences in numbers

  • Sold twice: first on 3 August 2022 for AED 907,200, last on 31 May 2024 for AED 1,170,000 (AED 1,103 per sqft).
  • Rented since September 2022 on 2 Ejari contracts, at AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2024 price is 6.5%.
  • 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 31 May 2024.

Questions about 307, Divine Residences

What did unit 307 last sell for?

AED 1,170,000 on 31 May 2024: AED 1,103 per sqft for 1,060 sqft. The unit has 2 registered sales; the first was AED 907,200 in August 2022.

What is the rent for unit 307?

AED 76,000 a year on the contract signed on 12 September 2023. The previous contract, from September 2022, was AED 76,000.

How big is unit 307?

1,060 sqft (98.5 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2021.

What is unit 307 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 307, Divine Residences

Starts from the last sale price (AED 1.17M, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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