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2-bed · 1,417 sqftDivine Residences, Arjan · 5th floor · completed 2021

526, Divine Residences

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

Unit 526 · DLD and Ejari recordsUpdated 25 April 2022
Last soldAED 1.13M9 February 2022
Current rentAED 75K /yr25 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 526, Divine Residences

What is 526 worth today?

Last sold for AED 1,130,500 in 2022

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25 Apr 2022RentedNew contract
AED 75,000/yr12 months · AED 53 per sqft
9 Feb 2022Sold by developerReady
AED 1,130,500AED 797 per sqft

Source: Dubai Land Department. Updated 25 April 2022.

Key facts

Type
2-bed apartment
Size
1,417 sqft
Floor
5th of 6
Parking
G-130
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 1.13M · February 2022
Building
Divine Residences

About 526, Divine Residences

526 is a two-bedroom apartment of 1,417 sqft on the 5th floor of Divine Residences, a 6-storey tower in Arjan completed in 2021 by Takmeel Real Estate Development . The developer sold it on 9 February 2022 for AED 1,130,500, or AED 797 per sqft, in line with the AED 793 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 April 2022. The current contract, signed on 25 April 2022, is AED 75,000 a year: a gross yield of 6.6% on the 2022 price.

Sales and rents for 526 over time

Rents
Unit 526, 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, April 2022: AED 75,000 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 526 sits

All 38 2-beds →

526 last sold in February 2022 at AED 797 per sqft, in line with what two-beds in Divine Residences were fetching at the time (AED 793). 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. 526's AED 75,000 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
31 May 20241,170,000
30 Nov 2023844,053
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 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

526, Divine Residences in numbers

  • Sold once: by Takmeel Real Estate Development on 9 February 2022 for AED 1,130,500, or AED 797 per sqft.
  • Rented since April 2022 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 6.6%.
  • 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 25 April 2022.

Questions about 526, Divine Residences

What did unit 526 last sell for?

AED 1,130,500 on 9 February 2022, sold by the developer: AED 797 per sqft for 1,417 sqft. It is the only registered sale of the unit.

What is the rent for unit 526?

AED 75,000 a year on the contract signed on 25 April 2022.

How big is unit 526?

1,417 sqft (131.6 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2021.

What is unit 526 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 526, Divine Residences

Starts from the last sale price (AED 1.13M, 9 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,500
Deposit, UAE resident (20%)
AED 226,100
Deposit, non-resident (40%)
AED 452,200
Monthly over 25 years at 3.7%
AED 4,625

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