1-bed · 676 sqftSyann Park 1, Arjan · 6th floor · completed 2011

623, Syann Park 1

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 490K14 July 2023
Current rentAED 57K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 623, Syann Park 1

What is 623 worth today?

Last sold for AED 490,000 in 2023

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15 Jul 2026RentedRenewal
AED 56,700/yr12 months · AED 84 per sqft
15 Jul 2025RentedNew contract
AED 54,000/yr12 months · AED 80 per sqft
2 Dec 2023RentedNew contract
AED 41,400/yr12 months · AED 61 per sqft
14 Jul 2023SoldReady
AED 490,000AED 725 per sqft
14 Dec 2022Sold by developerReady
AED 185,834AED 550 per sqft
2 Dec 2020RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
25 Mar 2020RentedNew contract
AED 36,000/yr12 months · AED 53 per sqft
1 Jun 2018RentedNew contract
AED 50,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
1-bed apartment
Size
676 sqft
Floor
6th of 6
Parking
B-49
Developer
Syann Park 1
Completed
2011
Service charge
AED 8,800 /yr
Last sold
AED 490K · July 2023
Building
Syann Park 1

About 623, Syann Park 1

623 is a one-bedroom apartment of 676 sqft on the 6th floor of Syann Park 1, a 6-storey tower in Arjan completed in 2011 by Syann Park 1. It last sold on 14 July 2023 for AED 490,000, or AED 725 per sqft, 21% above the AED 600 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 15 July 2026, is AED 56,700 a year: a gross yield of 11.6% on the 2023 price, before the service charge of about AED 8,800 a year.

Sales and rents for 623 over time

Sales
Unit 623, each saleTypical one-bed in Syann Park 1
500K1M2012201620202024Typical sale price by year: 2012 AED 839,500; 2015 AED 969,888; 2018 AED 805,000; 2020 AED 480,000; 2022 AED 214,222; 2023 AED 353,760; 2024 AED 580,000; 2025 AED 813,500; 2026 AED 800,000Sold by developer, December 2022: AED 185,834 (AED 550 per sqft)Sold, July 2023: AED 490,000 (AED 725 per sqft)

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

Rents
Unit 623, each contractTypical one-bed in Syann Park 1
40K60K2018202120242027Typical rent by year: 2018 AED 54,000; 2019 AED 47,500; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 39,000; 2023 AED 44,000; 2024 AED 50,000; 2025 AED 60,000; 2026 AED 60,000New contract, June 2018: AED 50,000 a yearNew contract, March 2020: AED 36,000 a yearNew contract, December 2020: AED 30,000 a yearNew contract, December 2023: AED 41,400 a yearNew contract, July 2025: AED 54,000 a yearRenewal, July 2026: AED 56,700 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 Syann Park 1, and where 623 sits

All 133 1-beds →

623 last sold in July 2023 at AED 725 per sqft, 21% above what one-beds in Syann Park 1 were fetching at the time (AED 600). Over the last 12 months one-beds sold for AED 700,000 to 1,100,000, around AED 959 per sqft, and rent for AED 48,000 to 105,000 a year. 623's AED 56,700 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Sep 2026850,000
9 Jun 2026800,000
16 Mar 2026800,000
23 Dec 2025980,000
8 1-bed sales in the last 12 months

Syann Park 1

Building

156 apartments, 1-bed to 3-bed over 6 floors in Arjan, completed in 2011 by Syann Park 1. 9 sold in the last 12 months.

Typical price per sqft
AED 973
Typical sale
AED 839K
Typical rent
AED 63K /yr
Typical yield
7.0%
Syann Park 1, Arjan: prices, sales and rents →

Other units on the 6th floor

All 156 units in Syann Park 1
Value
6011-bedAED 500K · Jul 2023
6021-bedAED 495K · Jul 2023
6031-bedAED 495K · Jul 2023
6041-bedAED 495K · Jul 2023
6051-bedAED 495K · Jul 2023
6061-bedAED 495K · Jul 2023
6071-bedAED 495K · Jul 2023
1–7 of 27

623, Syann Park 1 in numbers

  • Sold twice: first on 14 December 2022 for AED 185,834, last on 14 July 2023 for AED 490,000 (AED 725 per sqft).
  • Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2020 and recovered to AED 56,700 by July 2026.
  • At AED 56,700 a year the gross yield on the 2023 price is 11.6%, before a service charge of about AED 8,800 a year (AED 12.96 per sqft).
  • One-beds in Syann Park 1 sold for AED 700,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 15 July 2026.

Questions about 623, Syann Park 1

What did unit 623 last sell for?

AED 490,000 on 14 July 2023: AED 725 per sqft for 676 sqft. The unit has 2 registered sales; the first was AED 185,834 in December 2022.

What is the rent for unit 623?

AED 56,700 a year on the contract renewed on 15 July 2026. The previous contract, from July 2025, was AED 54,000; the unit has been rented since June 2018.

How big is unit 623?

676 sqft (62.8 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2011.

What is unit 623 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Syann Park 1 sold for AED 700,000 to 1,100,000 in the last 12 months, around AED 959 per sqft.

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Mortgage on 623, Syann Park 1

Starts from the last sale price (AED 490K, 14 July 2023). 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 →