1-bed · 851 sqftJoya Blanca Residences, Arjan · completed 2022

720, Joya Blanca Residences

Sold prices and rental history: sold once, by the developer in May 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 720 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 560K9 May 2021
Current rentAED 60K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 720, Joya Blanca Residences

What is 720 worth today?

Last sold for AED 559,629 in 2021

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20 Nov 2024RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft
20 Nov 2023RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft
20 Nov 2022RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
9 May 2021Sold by developerOff-plan
AED 559,629AED 657 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
1-bed apartment
Size
851 sqft
Parking
B-15
Developer
Green Yard Propertes Development
Completed
2022
Service charge
AED 11,200 /yr
Last sold
AED 560K · May 2021

About 720, Joya Blanca Residences

720 is a one-bedroom apartment of 851 sqft of Joya Blanca Residences, a 9-storey tower in Arjan completed in 2022 by Green Yard Propertes Development . The developer sold it on 9 May 2021 for AED 559,629, or AED 657 per sqft, 12% below the AED 750 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 20 November 2024, is AED 60,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 11,200 a year.

Sales and rents for 720 over time

Sales
Unit 720, each saleTypical one-bed in Joya Blanca Residences
500K750K1M2021202320252027Typical sale price by year: 2021 AED 567,054; 2022 AED 720,000; 2023 AED 840,000; 2024 AED 950,000; 2025 AED 1,042,500; 2026 AED 1,100,000Sold by developer, May 2021: AED 559,629 (AED 657 per sqft)

720 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 720, each contractTypical one-bed in Joya Blanca Residences
60K70K202220242026Typical rent by year: 2022 AED 60,000; 2023 AED 65,000; 2024 AED 69,125; 2025 AED 75,000; 2026 AED 75,000New contract, November 2022: AED 60,000 a yearRenewal, November 2023: AED 60,000 a yearRenewal, November 2024: AED 60,000 a year

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

1-beds in Joya Blanca Residences, and where 720 sits

All 151 1-beds →

720 last sold in May 2021 at AED 657 per sqft, 12% below what one-beds in Joya Blanca Residences were fetching at the time (AED 750). Over the last 12 months one-beds sold for AED 960,000 to 1,150,000, around AED 1,440 per sqft, and rent for AED 50,474 to 96,000 a year. 720's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Sep 20261,150,000
4 Sep 20261,070,000
11 Aug 2026960,000
20 May 20261,069,000
9 1-bed 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 →

720, Joya Blanca Residences in numbers

  • Sold once: by Green Yard Propertes Development on 9 May 2021 for AED 559,629, or AED 657 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 10.7%, before a service charge of about AED 11,200 a year (AED 13.17 per sqft).
  • One-beds in Joya Blanca Residences sold for AED 960,000–1,150,000 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 20 November 2024.

Questions about 720, Joya Blanca Residences

What did unit 720 last sell for?

AED 559,629 on 9 May 2021, sold by the developer: AED 657 per sqft for 851 sqft. It is the only registered sale of the unit.

What is the rent for unit 720?

AED 60,000 a year on the contract renewed on 20 November 2024. The previous contract, from November 2023, was AED 60,000; the unit has been rented since November 2022.

How big is unit 720?

851 sqft (79.1 sqm): a one-bedroom apartment of a 9-storey tower completed in 2022.

What is unit 720 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Joya Blanca Residences sold for AED 960,000 to 1,150,000 in the last 12 months, around AED 1,440 per sqft.

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Mortgage on 720, Joya Blanca Residences

Starts from the last sale price (AED 560K, 9 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 559,629
Deposit, UAE resident (20%)
AED 111,926
Deposit, non-resident (40%)
AED 223,852
Monthly over 25 years at 3.7%
AED 2,290

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