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Studio · 458 sqftThe Wings A, Arjan · 2nd floor · completed 2019

224, The Wings A

Sold prices and rental history: sold once, by the developer in January 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 224 · DLD and Ejari recordsUpdated 19 March 2025
Last soldAED 450K8 January 2020
Current rentAED 43K /yr19 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 224, The Wings A

What is 224 worth today?

Last sold for AED 450,000 in 2020

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19 Mar 2025RentedNew contract
AED 43,000/yr12 months · AED 94 per sqft
19 Mar 2024RentedNew contract
AED 43,000/yr12 months · AED 94 per sqft
25 Feb 2023RentedNew contract
AED 35,000/yr12 months · AED 76 per sqft
28 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft
15 Jul 2021RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft
1 Jun 2020RentedNew contract
AED 30,000/yr13 months · AED 66 per sqft
8 Jan 2020Sold by developerReady
AED 450,000AED 982 per sqft

Source: Dubai Land Department. Updated 19 March 2025.

Key facts

Type
Studio apartment
Size
458 sqft
Floor
2nd of 4
Parking
G-281
Developer
Almizan Property Developer
Completed
2019
Service charge
AED 6,000 /yr
Last sold
AED 450K · January 2020
Building
The Wings A

About 224, The Wings A

224 is a studio of 458 sqft on the 2nd floor of The Wings A, a 4-storey tower in Arjan completed in 2019 by Almizan Property Developer . The developer sold it on 8 January 2020 for AED 450,000, or AED 982 per sqft, in line with the AED 979 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 19 March 2025, is AED 43,000 a year: a gross yield of 9.6% on the 2020 price, before the service charge of about AED 6,000 a year.

Sales and rents for 224 over time

Rents
Unit 224, each contractTypical studio in The Wings A
30K40K2020202220242026Typical rent by year: 2020 AED 30,000; 2021 AED 26,851; 2022 AED 29,000; 2023 AED 33,000; 2024 AED 35,000; 2025 AED 35,000; 2026 AED 36,250New contract, June 2020: AED 30,000 a yearNew contract, July 2021: AED 30,000 a yearNew contract, December 2021: AED 30,000 a yearNew contract, February 2023: AED 35,000 a yearNew contract, March 2024: AED 43,000 a yearNew contract, March 2025: AED 43,000 a year

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

Studios in The Wings A, and where 224 sits

All 134 studios →

224 last sold in January 2020 at AED 982 per sqft, in line with what studios in The Wings A were fetching at the time (AED 979). 224's AED 43,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Jan 2020450,000
9 Jan 2020450,000
9 Jan 2020450,000
9 Jan 2020450,000
0 studio sales in the last 12 months

The Wings A

Building

134 apartments, studios over 4 floors in Arjan, completed in 2019 by Almizan Property Developer . No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 36K /yr
Typical yield
The Wings A, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 134 units in The Wings A
Value
201StudioAED 450K · Jan 2020
202StudioAED 450K · Jan 2020
203StudioAED 450K · Jan 2020
204StudioAED 450K · Jan 2020
205StudioAED 450K · Jan 2020
206StudioAED 450K · Jan 2020
207StudioAED 450K · Jan 2020
1–7 of 33

224, The Wings A in numbers

  • Sold once: by Almizan Property Developer on 8 January 2020 for AED 450,000, or AED 982 per sqft.
  • Rented since June 2020 on 6 Ejari contracts, from AED 30,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2020 price is 9.6%, before a service charge of about AED 6,000 a year (AED 13.00 per sqft).

Source: Dubai Land Department. Updated 19 March 2025.

Questions about 224, The Wings A

What did unit 224 last sell for?

AED 450,000 on 8 January 2020, sold by the developer: AED 982 per sqft for 458 sqft. It is the only registered sale of the unit.

What is the rent for unit 224?

AED 43,000 a year on the contract signed on 19 March 2025. The previous contract, from March 2024, was AED 43,000; the unit has been rented since June 2020.

How big is unit 224?

458 sqft (42.5 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.

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Mortgage on 224, The Wings A

Starts from the last sale price (AED 450K, 8 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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