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Studio · 451 sqftThe Wings A, Arjan · 3rd floor · completed 2019

308, 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 308 · DLD and Ejari recordsUpdated 10 May 2025
Last soldAED 450K8 January 2020
Current rentAED 37K /yr10 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, The Wings A

What is 308 worth today?

Last sold for AED 450,000 in 2020

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10 May 2025RentedRenewal
AED 37,000/yr12 months · AED 82 per sqft
10 May 2024RentedRenewal
AED 37,000/yr12 months · AED 82 per sqft
10 May 2023RentedNew contract
AED 36,000/yr12 months · AED 80 per sqft
19 Apr 2021RentedNew contract
AED 28,000/yr12 months · AED 62 per sqft
20 Mar 2020RentedNew contract
AED 32,000/yr13 months · AED 71 per sqft
8 Jan 2020Sold by developerReady
AED 450,000AED 996 per sqft

Source: Dubai Land Department. Updated 10 May 2025.

Key facts

Type
Studio apartment
Size
451 sqft
Floor
3rd of 4
Parking
nan
Developer
Almizan Property Developer
Completed
2019
Service charge
AED 5,900 /yr
Last sold
AED 450K · January 2020
Building
The Wings A

About 308, The Wings A

308 is a studio of 451 sqft on the 3rd 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 996 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 5 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 37,000 a year: a gross yield of 8.2% on the 2020 price, before the service charge of about AED 5,900 a year.

Sales and rents for 308 over time

Rents
Unit 308, each contractTypical studio in The Wings A
30K35K2020202220242026Typical 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, March 2020: AED 32,000 a yearNew contract, April 2021: AED 28,000 a yearNew contract, May 2023: AED 36,000 a yearRenewal, May 2024: AED 37,000 a yearRenewal, May 2025: AED 37,000 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 308 sits

All 134 studios →

308 last sold in January 2020 at AED 996 per sqft, in line with what studios in The Wings A were fetching at the time (AED 979). 308's AED 37,000 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 3rd floor

All 134 units in The Wings A
Value
301StudioAED 450K · Jan 2020
302StudioAED 450K · Jan 2020
303StudioAED 450K · Jan 2020
304StudioAED 450K · Jan 2020
305StudioAED 450K · Jan 2020
306StudioAED 450K · Jan 2020
307StudioAED 450K · Jan 2020
1–7 of 33

308, The Wings A in numbers

  • Sold once: by Almizan Property Developer on 8 January 2020 for AED 450,000, or AED 996 per sqft.
  • Rented since March 2020 on 5 Ejari contracts. The rent fell from AED 32,000 to AED 28,000 in 2021 and recovered to AED 37,000 by May 2025.
  • At AED 37,000 a year the gross yield on the 2020 price is 8.2%, before a service charge of about AED 5,900 a year (AED 13.00 per sqft).

Source: Dubai Land Department. Updated 10 May 2025.

Questions about 308, The Wings A

What did unit 308 last sell for?

AED 450,000 on 8 January 2020, sold by the developer: AED 996 per sqft for 451 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 37,000 a year on the contract renewed on 10 May 2025. The previous contract, from May 2024, was AED 37,000; the unit has been rented since March 2020.

How big is unit 308?

451 sqft (41.9 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2019.

What is unit 308 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 308, 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 →