Studio · 419 sqftJoya Blanca Residences, Arjan · completed 2022

531, Joya Blanca Residences

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

Unit 531 · DLD and Ejari recordsUpdated 26 October 2024
Last soldAED 625K5 August 2024
Current rentAED 55K /yr26 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 531, Joya Blanca Residences

What is 531 worth today?

Last sold for AED 625,000 in 2024

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26 Oct 2024RentedNew contract
AED 55,000/yr12 months · AED 134 per sqft
5 Aug 2024SoldReady
AED 625,000AED 1,489 per sqft
17 Aug 2021Sold by developerOff-plan
AED 386,201AED 920 per sqft

Source: Dubai Land Department. Updated 26 October 2024.

Key facts

Type
Studio apartment
Size
419 sqft
Parking
B-123
Developer
Green Yard Propertes Development
Completed
2022
Service charge
AED 5,500 /yr
Last sold
AED 625K · August 2024

About 531, Joya Blanca Residences

531 is a studio of 419 sqft of Joya Blanca Residences, a 9-storey tower in Arjan completed in 2022 by Green Yard Propertes Development . It last sold on 5 August 2024 for AED 625,000, or AED 1,489 per sqft, 18% above the AED 1,257 studios in the building were fetching at the time.

One Ejari contract is registered, from 26 October 2024. The current contract, signed on 26 October 2024, is AED 55,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 5,500 a year.

Sales and rents for 531 over time

Sales
Unit 531, 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, August 2021: AED 386,201 (AED 920 per sqft)Sold, August 2024: AED 625,000 (AED 1,489 per sqft)

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

Rents
Unit 531, each contractTypical studio in Joya Blanca Residences
40K50K202220242026Typical rent by year: 2022 AED 36,000; 2023 AED 40,000; 2024 AED 43,000; 2025 AED 48,000; 2026 AED 48,000New contract, October 2024: AED 55,000 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 531 sits

All 152 studios →

531 last sold in August 2024 at AED 1,489 per sqft, 18% above what studios in Joya Blanca Residences were fetching at the time (AED 1,257). 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. 531's AED 55,000 is in the lower half 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 →

531, Joya Blanca Residences in numbers

  • Sold twice: first on 17 August 2021 for AED 386,201, last on 5 August 2024 for AED 625,000 (AED 1,489 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 8.8%, 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 26 October 2024.

Questions about 531, Joya Blanca Residences

What did unit 531 last sell for?

AED 625,000 on 5 August 2024: AED 1,489 per sqft for 419 sqft. The unit has 2 registered sales; the first was AED 386,201 in August 2021.

What is the rent for unit 531?

AED 55,000 a year on the contract signed on 26 October 2024.

How big is unit 531?

419 sqft (38.9 sqm): a studio of a 9-storey tower completed in 2022.

What is unit 531 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 531, Joya Blanca Residences

Starts from the last sale price (AED 625K, 5 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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