Studio · 465 sqftDivine Residences, Arjan · 5th floor · completed 2021

515, Divine Residences

Sold prices and rental history: sold twice, last in March 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 14 June 2026
Last soldAED 600K6 March 2025
Current rentAED 40K /yr14 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Divine Residences

What is 515 worth today?

Last sold for AED 600,000 in 2025

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14 Jun 2026RentedNew contract
AED 40,000/yr12 months · AED 86 per sqft
23 Mar 2025RentedNew contract
AED 55,000/yr12 months · AED 119 per sqft
6 Mar 2025SoldReady
AED 600,000AED 1,291 per sqft
11 May 2022Sold by developerReady · flagged as an outlier
AED 209,720AED 451 per sqft

Source: Dubai Land Department. Updated 14 June 2026.

Key facts

Type
Studio apartment
Size
465 sqft
Floor
5th of 6
Parking
G-66
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 600K · March 2025

About 515, Divine Residences

515 is a studio of 465 sqft on the 5th floor of Divine Residences, a 6-storey tower in Arjan completed in 2021 by Takmeel Real Estate Development . It last sold on 6 March 2025 for AED 600,000, or AED 1,291 per sqft, 5% above the AED 1,231 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 14 June 2026, is AED 40,000 a year: a gross yield of 6.7% on the 2025 price.

Sales and rents for 515 over time

Sales
Unit 515, 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, March 2025: AED 600,000 (AED 1,291 per sqft)

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

Rents
Unit 515, 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, March 2025: AED 55,000 a yearNew contract, June 2026: AED 40,000 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 515 sits

All 92 studios →

515 last sold in March 2025 at AED 1,291 per sqft, 5% above what studios in Divine Residences were fetching at the time (AED 1,231). 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. 515's AED 40,000 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 5th floor

All 169 units in Divine Residences
Value
5011-bedAED 670K · Feb 2022
5021-bedAED 1.07M · Mar 2026
5031-bedAED 547K · Jan 2022
5041-bedAED 800K · Jun 2023
5052-bedAED 876K · Jul 2022
5062-bedAED 1.62M · Apr 2026
5071-bedAED 721K · Aug 2022
1–7 of 27

515, Divine Residences in numbers

  • Sold twice: first on 11 May 2022 for AED 209,720, last on 6 March 2025 for AED 600,000 (AED 1,291 per sqft).
  • Rented since March 2025 on 2 Ejari contracts, from AED 55,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2025 price is 6.7%.
  • 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 14 June 2026.

Questions about 515, Divine Residences

What did unit 515 last sell for?

AED 600,000 on 6 March 2025: AED 1,291 per sqft for 465 sqft. The unit has 2 registered sales; the first was AED 209,720 in May 2022.

What is the rent for unit 515?

AED 40,000 a year on the contract signed on 14 June 2026. The previous contract, from March 2025, was AED 55,000.

How big is unit 515?

465 sqft (43.2 sqm): a studio on the 5th floor of a 6-storey tower completed in 2021.

What is unit 515 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 515, Divine Residences

Starts from the last sale price (AED 600K, 6 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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