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Studio · 466 sqftDivine Residences, Arjan · 4th floor · completed 2021

415, Divine Residences

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

Unit 415 · DLD and Ejari recordsUpdated 8 September 2022
Last soldAED 418K30 May 2022
Current rentAED 42K /yr8 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 415, Divine Residences

What is 415 worth today?

Last sold for AED 418,000 in 2022

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8 Sep 2022RentedNew contract
AED 42,000/yr12 months · AED 91 per sqft
30 May 2022Sold by developerReady
AED 418,000AED 896 per sqft

Source: Dubai Land Department. Updated 8 September 2022.

Key facts

Type
Studio apartment
Size
466 sqft
Floor
4th of 6
Parking
G-51
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 418K · May 2022
Building
Divine Residences

About 415, Divine Residences

415 is a studio of 466 sqft on the 4th floor of Divine Residences, a 6-storey tower in Arjan completed in 2021 by Takmeel Real Estate Development . The developer sold it on 30 May 2022 for AED 418,000, or AED 896 per sqft, in line with the AED 897 studios in the building were fetching at the time.

One Ejari contract is registered, from 8 September 2022. The current contract, signed on 8 September 2022, is AED 42,000 a year: a gross yield of 10.1% on the 2022 price.

Sales and rents for 415 over time

Sales
Unit 415, 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, May 2022: AED 418,000 (AED 896 per sqft)

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

Rents
Unit 415, 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, September 2022: AED 42,000 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 415 sits

All 92 studios →

415 last sold in May 2022 at AED 896 per sqft, in line with what studios in Divine Residences were fetching at the time (AED 897). 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. 415's AED 42,000 is in the lower 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 4th floor

All 169 units in Divine Residences
Value
4011-bedAED 665K · Mar 2022
4021-bedAED 1.08M · Jul 2026
4032-bedAED 1.1M · Feb 2022
4042-bedAED 1.11M · May 2022
4052-bedAED 917K · Jun 2022
4062-bedAED 930K · Feb 2022
4071-bedAED 710K · Jul 2022
1–7 of 26

415, Divine Residences in numbers

  • Sold once: by Takmeel Real Estate Development on 30 May 2022 for AED 418,000, or AED 896 per sqft.
  • Rented since September 2022 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2022 price is 10.1%.
  • 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 8 September 2022.

Questions about 415, Divine Residences

What did unit 415 last sell for?

AED 418,000 on 30 May 2022, sold by the developer: AED 896 per sqft for 466 sqft. It is the only registered sale of the unit.

What is the rent for unit 415?

AED 42,000 a year on the contract signed on 8 September 2022.

How big is unit 415?

466 sqft (43.3 sqm): a studio on the 4th floor of a 6-storey tower completed in 2021.

What is unit 415 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 415, Divine Residences

Starts from the last sale price (AED 418K, 30 May 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 →