Studio · 450 sqftResortz Residence Block A, Arjan · 2nd floor · completed 2019

224, Resortz Residence Block A

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 224 · DLD and Ejari recordsUpdated 11 September 2024
Last soldAED 490K11 September 2024
Current rentAED 43K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 224, Resortz Residence Block A

What is 224 worth today?

Last sold for AED 490,000 in 2024

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11 Sep 2024SoldReady
AED 490,000AED 1,088 per sqft
10 Aug 2024RentedRenewal
AED 42,500/yr12 months · AED 94 per sqft
10 Aug 2023RentedNew contract
AED 40,000/yr12 months · AED 88 per sqft
9 Feb 2022RentedRenewal
AED 33,000/yr12 months · AED 73 per sqft
9 Feb 2021RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft
2 Jul 2017Sold by developerOff-plan
AED 485,000AED 1,077 per sqft

Source: Dubai Land Department. Updated 11 September 2024.

Key facts

Type
Studio apartment
Size
450 sqft
Floor
2nd of 4
Parking
B-385
Developer
Danube Properties Development
Completed
2019
Service charge
AED 5,800 /yr
Last sold
AED 490K · September 2024

About 224, Resortz Residence Block A

224 is a studio of 450 sqft on the 2nd floor of Resortz Residence Block A, a 4-storey tower in Arjan completed in 2019 by Danube Properties Development. It last sold on 11 September 2024 for AED 490,000, or AED 1,088 per sqft, 13% above the AED 966 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 42,500 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 5,800 a year.

Sales and rents for 224 over time

Sales
Unit 224, each saleTypical studio in Resortz Residence Block A
450K500K550K2017202020232026Typical sale price by year: 2017 AED 515,000; 2018 AED 527,500; 2023 AED 450,000; 2024 AED 475,000; 2025 AED 530,000; 2026 AED 555,000Sold by developer, July 2017: AED 485,000 (AED 1,077 per sqft)Sold, September 2024: AED 490,000 (AED 1,088 per sqft)

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

Rents
Unit 224, each contractTypical studio in Resortz Residence Block A
30K40K2020202220242026Typical rent by year: 2020 AED 27,461; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 34,000; 2024 AED 39,800; 2025 AED 44,000; 2026 AED 43,000New contract, February 2021: AED 30,000 a yearRenewal, February 2022: AED 33,000 a yearNew contract, August 2023: AED 40,000 a yearRenewal, August 2024: AED 42,500 a year

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

Studios in Resortz Residence Block A, and where 224 sits

All 133 studios →

224 last sold in September 2024 at AED 1,088 per sqft, 13% above what studios in Resortz Residence Block A were fetching at the time (AED 966). Over the last 12 months studios sold for AED 495,000 to 679,862, around AED 1,185 per sqft, and rent for AED 30,000 to 58,000 a year. 224's AED 42,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Mar 2026560,000
27 Feb 2026550,000
12 Feb 2026550,000
3 Feb 2026535,000
13 studio sales in the last 12 months

Resortz Residence Block A

Building

155 apartments, studios to 2-bed over 4 floors in Arjan, completed in 2019 by Danube Properties Development. 15 sold in the last 12 months.

Typical price per sqft
AED 1,185 Up 7.4%
Typical sale
AED 550K
Typical rent
AED 44K /yr
Typical yield
7.8%
Resortz Residence Block A, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 155 units in Resortz Residence Block A
Value
201StudioAED 450K · Aug 2024
202StudioAED 500K · Jun 2017
203StudioAED 480K · Jun 2017
204StudioAED 530K · Nov 2024
205StudioAED 475K · Feb 2024
206StudioAED 545K · Apr 2017
207StudioAED 525K · Apr 2017
1–7 of 36

224, Resortz Residence Block A in numbers

  • Sold twice: first on 2 July 2017 for AED 485,000, last on 11 September 2024 for AED 490,000 (AED 1,088 per sqft).
  • Rented since February 2021 on 4 Ejari contracts, from AED 30,000 to AED 42,500 a year.
  • At AED 42,500 a year the gross yield on the 2024 price is 8.7%, before a service charge of about AED 5,800 a year (AED 12.89 per sqft).
  • Studios in Resortz Residence Block A sold for AED 495,000–679,862 in the 12 months to November 2026; the building's median across all types is AED 1,185 per sqft.

Source: Dubai Land Department. Updated 11 September 2024.

Questions about 224, Resortz Residence Block A

What did unit 224 last sell for?

AED 490,000 on 11 September 2024: AED 1,088 per sqft for 450 sqft. The unit has 2 registered sales; the first was AED 485,000 in July 2017.

What is the rent for unit 224?

AED 42,500 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 40,000; the unit has been rented since February 2021.

How big is unit 224?

450 sqft (41.8 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2019.

What is unit 224 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Resortz Residence Block A sold for AED 495,000 to 679,862 in the last 12 months, around AED 1,185 per sqft.

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Mortgage on 224, Resortz Residence Block A

Starts from the last sale price (AED 490K, 11 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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