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2-bed · 1,361 sqftDivine Residences, Arjan · 6th floor · completed 2021

627, Divine Residences

Sold prices and rental history: sold twice, last in April 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 627 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 750K25 April 2023
Current rentAED 95K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 627, Divine Residences

What is 627 worth today?

Last sold for AED 750,000 in 2023

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15 Jun 2024RentedRenewal
AED 95,000/yr12 months · AED 70 per sqft
15 Jun 2023RentedNew contract
AED 95,000/yr12 months · AED 70 per sqft
25 Apr 2023SoldReady
AED 750,000AED 551 per sqft
5 May 2022RentedNew contract
AED 75,000/yr12 months · AED 55 per sqft
14 Mar 2022Sold by developerReady
AED 1,030,000AED 756 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
2-bed apartment
Size
1,361 sqft
Floor
6th of 6
Parking
G-104
Developer
Takmeel Real Estate Development
Completed
2021
Last sold
AED 750K · April 2023
Building
Divine Residences

About 627, Divine Residences

627 is a two-bedroom apartment of 1,361 sqft on the 6th floor of Divine Residences, a 6-storey tower in Arjan completed in 2021 by Takmeel Real Estate Development . It last sold on 25 April 2023 for AED 750,000, or AED 551 per sqft, 32% below the AED 813 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 95,000 a year: a gross yield of 12.7% on the 2023 price.

Sales and rents for 627 over time

Rents
Unit 627, each contractTypical two-bed in Divine Residences
80K202220242026Typical rent by year: 2022 AED 71,500; 2023 AED 75,000; 2024 AED 75,000; 2025 AED 77,000; 2026 AED 89,880New contract, May 2022: AED 75,000 a yearNew contract, June 2023: AED 95,000 a yearRenewal, June 2024: AED 95,000 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 627 sits

All 38 2-beds →

627 last sold in April 2023 at AED 551 per sqft, 32% below what two-beds in Divine Residences were fetching at the time (AED 813). 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. 627's AED 95,000 is in the upper 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 6th floor

All 169 units in Divine Residences
Value
6011-bedAED 707K · Jul 2022
6021-bedAED 666K · Apr 2022
603StudioAED 750K · May 2025
604StudioAED 536K · Aug 2022
6052-bedAED 860K · Nov 2022
6062-bedAED 930K · Apr 2022
6071-bedAED 699K · Jun 2022
1–7 of 27

627, Divine Residences in numbers

  • Sold twice: first on 14 March 2022 for AED 1,030,000, last on 25 April 2023 for AED 750,000 (AED 551 per sqft).
  • Rented since May 2022 on 3 Ejari contracts, from AED 75,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 12.7%.
  • 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 15 June 2024.

Questions about 627, Divine Residences

What did unit 627 last sell for?

AED 750,000 on 25 April 2023: AED 551 per sqft for 1,361 sqft. The unit has 2 registered sales; the first was AED 1,030,000 in March 2022.

What is the rent for unit 627?

AED 95,000 a year on the contract renewed on 15 June 2024. The previous contract, from June 2023, was AED 95,000; the unit has been rented since May 2022.

How big is unit 627?

1,361 sqft (126.4 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2021.

What is unit 627 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 627, Divine Residences

Starts from the last sale price (AED 750K, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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