Studio · 420 sqftJoya Blanca Residences, Arjan · completed 2022

516, Joya Blanca Residences

Sold prices and rental history: sold once, by the developer in March 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 10 February 2024
Last soldAED 364K28 March 2021
Current rentAED 18K /yr10 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Joya Blanca Residences

What is 516 worth today?

Last sold for AED 363,789 in 2021

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10 Feb 2024RentedRenewal
AED 18,470/yr22 months · AED 44 per sqft
10 Feb 2024RentedRenewal
AED 18,470/yr22 months · AED 44 per sqft
10 Feb 2023RentedNew contract
AED 38,000/yr12 months · AED 91 per sqft
28 Mar 2021Sold by developerOff-plan
AED 363,789AED 866 per sqft

Source: Dubai Land Department. Updated 10 February 2024.

Key facts

Type
Studio apartment
Size
420 sqft
Parking
B-64
Developer
Green Yard Propertes Development
Completed
2022
Service charge
AED 5,500 /yr
Last sold
AED 364K · March 2021

About 516, Joya Blanca Residences

516 is a studio of 420 sqft of Joya Blanca Residences, a 9-storey tower in Arjan completed in 2022 by Green Yard Propertes Development . The developer sold it on 28 March 2021 for AED 363,789, or AED 866 per sqft, 4% above the AED 836 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 10 February 2024, is AED 18,470 a year: a gross yield of 5.1% on the 2021 price, before the service charge of about AED 5,500 a year.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical studio in Joya Blanca Residences
400K600K2021202320252027Typical sale price by year: 2021 AED 348,889; 2022 AED 417,500; 2023 AED 480,000; 2024 AED 599,000; 2025 AED 585,000; 2026 AED 607,500Sold by developer, March 2021: AED 363,789 (AED 866 per sqft)

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

Rents
Unit 516, each contractTypical studio in Joya Blanca Residences
20K40K202220242026Typical rent by year: 2022 AED 36,000; 2023 AED 40,000; 2024 AED 43,000; 2025 AED 48,000; 2026 AED 48,000New contract, February 2023: AED 38,000 a yearRenewal, February 2024: AED 18,470 a yearRenewal, February 2024: AED 18,470 a year

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

Studios in Joya Blanca Residences, and where 516 sits

All 152 studios →

516 last sold in March 2021 at AED 866 per sqft, 4% above what studios in Joya Blanca Residences were fetching at the time (AED 836). Over the last 12 months studios sold for AED 555,000 to 650,000, around AED 1,487 per sqft, and rent for AED 28,000 to 82,395 a year. 516's AED 18,470 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Sep 2026580,000
15 Sep 2026618,000
21 May 2026600,000
4 May 2026585,000
13 studio sales in the last 12 months

Joya Blanca Residences

Building

43 apartments, studios to 2-bed over 9 floors in Arjan, completed in 2022 by Green Yard Propertes Development . 24 sold in the last 12 months.

Typical price per sqft
AED 1,450 Up 5.0%
Typical sale
AED 647K
Typical rent
AED 61K /yr
Typical yield
7.3%
Joya Blanca Residences, Arjan: prices, sales and rents →

516, Joya Blanca Residences in numbers

  • Sold once: by Green Yard Propertes Development on 28 March 2021 for AED 363,789, or AED 866 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 38,000 to AED 18,470 a year.
  • At AED 18,470 a year the gross yield on the 2021 price is 5.1%, before a service charge of about AED 5,500 a year (AED 13.17 per sqft).
  • Studios in Joya Blanca Residences sold for AED 555,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 1,450 per sqft.

Source: Dubai Land Department. Updated 10 February 2024.

Questions about 516, Joya Blanca Residences

What did unit 516 last sell for?

AED 363,789 on 28 March 2021, sold by the developer: AED 866 per sqft for 420 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 18,470 a year on the contract renewed on 10 February 2024. The previous contract, from February 2024, was AED 18,470; the unit has been rented since February 2023.

How big is unit 516?

420 sqft (39.0 sqm): a studio of a 9-storey tower completed in 2022.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Joya Blanca Residences sold for AED 555,000 to 650,000 in the last 12 months, around AED 1,487 per sqft.

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Mortgage on 516, Joya Blanca Residences

Starts from the last sale price (AED 364K, 28 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 363,789
Deposit, UAE resident (20%)
AED 72,758
Deposit, non-resident (40%)
AED 145,516
Monthly over 25 years at 3.7%
AED 1,488

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