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Studio · 423 sqftJewelz Residences, Arjan · 2nd floor · completed 2023

232, Jewelz Residences

Sold prices and rental history: sold twice, last in March 2023, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 232 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 488K3 March 2023
Current rentAED 49K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 232, Jewelz Residences

What is 232 worth today?

Last sold for AED 488,000 in 2023

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1 Apr 2024RentedNew contract
AED 49,091/yr11 months · AED 117 per sqft
3 Mar 2023SoldOff-plan
AED 488,000AED 1,154 per sqft
18 Jun 2018Sold by developerOff-plan
AED 488,000AED 1,154 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
Studio apartment
Size
423 sqft
Floor
2nd of 13
Parking
1
Developer
Danube Properties Development
Completed
2023
Last sold
AED 488K · March 2023
Building
Jewelz Residences

About 232, Jewelz Residences

232 is a studio of 423 sqft on the 2nd floor of Jewelz Residences, a 13-storey tower in Arjan completed in 2023 by Danube Properties Development. It last sold on 3 March 2023 for AED 488,000, or AED 1,154 per sqft, 3% below the AED 1,190 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2024. The current contract, signed on 1 April 2024, is AED 49,091 a year: a gross yield of 10.1% on the 2023 price.

Sales and rents for 232 over time

Sales
Unit 232, each saleTypical studio in Jewelz Residences
500K600K2018202120242027Typical sale price by year: 2018 AED 493,000; 2019 AED 499,776; 2020 AED 496,150; 2022 AED 510,500; 2023 AED 492,760; 2024 AED 560,000; 2025 AED 580,000; 2026 AED 600,000Sold by developer, June 2018: AED 488,000 (AED 1,154 per sqft)Sold, March 2023: AED 488,000 (AED 1,154 per sqft)

232 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 232, each contractTypical studio in Jewelz Residences
46K48K2024202520262027Typical rent by year: 2024 AED 46,000; 2025 AED 48,000; 2026 AED 45,000New contract, April 2024: AED 49,091 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Jewelz Residences, and where 232 sits

All 311 studios →

232 last sold in March 2023 at AED 1,154 per sqft, 3% below what studios in Jewelz Residences were fetching at the time (AED 1,190). Over the last 12 months studios sold for AED 520,000 to 625,000, around AED 1,420 per sqft, and rent for AED 36,000 to 78,000 a year. 232's AED 49,091 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026520,000
20 Oct 2026550,000
24 Sep 2026600,000
8 Sep 2026580,000
19 studio sales in the last 12 months

Jewelz Residences

Building

463 apartments, studios to 2-bed over 13 floors in Arjan, completed in 2023 by Danube Properties Development. 31 sold in the last 12 months.

Typical price per sqft
AED 1,350 Up 1.3%
Typical sale
AED 612K
Typical rent
AED 49K /yr
Typical yield
7.7%
Jewelz Residences, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 463 units in Jewelz Residences
Value
2011-bedAED 854K · Sep 2022
202StudioAED 488K · Apr 2023
203StudioAED 600K · Dec 2025
204StudioAED 600K · Jun 2025
205StudioAED 500K · Aug 2025
206StudioAED 568K · Jun 2024
2072-bedAED 1.06M · Jul 2018
1–7 of 35

232, Jewelz Residences in numbers

  • Sold twice: first on 18 June 2018 for AED 488,000, last on 3 March 2023 for AED 488,000 (AED 1,154 per sqft).
  • Rented since April 2024 on one Ejari contract, at AED 49,091 a year.
  • At AED 49,091 a year the gross yield on the 2023 price is 10.1%.
  • Studios in Jewelz Residences sold for AED 520,000–625,000 in the 12 months to November 2026; the building's median across all types is AED 1,350 per sqft.

Source: Dubai Land Department. Updated 1 April 2024.

Questions about 232, Jewelz Residences

What did unit 232 last sell for?

AED 488,000 on 3 March 2023: AED 1,154 per sqft for 423 sqft. The unit has 2 registered sales; the first was AED 488,000 in June 2018.

What is the rent for unit 232?

AED 49,091 a year on the contract signed on 1 April 2024.

How big is unit 232?

423 sqft (39.3 sqm): a studio on the 2nd floor of a 13-storey tower completed in 2023.

What is unit 232 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Jewelz Residences sold for AED 520,000 to 625,000 in the last 12 months, around AED 1,420 per sqft.

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Mortgage on 232, Jewelz Residences

Starts from the last sale price (AED 488K, 3 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 488,000
Deposit, UAE resident (20%)
AED 97,600
Deposit, non-resident (40%)
AED 195,200
Monthly over 25 years at 3.7%
AED 1,997

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