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Studio · 458 sqftThe Wings A, Arjan · 4th floor · completed 2019

423, 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 423 · DLD and Ejari recordsUpdated 25 July 2025
Last soldAED 450K8 January 2020
Current rentAED 33K /yr25 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 423, The Wings A

What is 423 worth today?

Last sold for AED 450,000 in 2020

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25 Jul 2025RentedRenewal
AED 33,000/yr12 months · AED 72 per sqft
25 Jul 2024RentedNew contract
AED 33,000/yr12 months · AED 72 per sqft
25 Jul 2022RentedRenewal
AED 28,000/yr12 months · AED 61 per sqft
25 Jul 2021RentedNew contract
AED 26,000/yr12 months · AED 57 per sqft
25 May 2020RentedNew contract
AED 30,000/yr14 months · AED 66 per sqft
8 Jan 2020Sold by developerReady
AED 450,000AED 982 per sqft

Source: Dubai Land Department. Updated 25 July 2025.

Key facts

Type
Studio apartment
Size
458 sqft
Floor
4th of 4
Parking
G-324
Developer
Almizan Property Developer
Completed
2019
Service charge
AED 6,000 /yr
Last sold
AED 450K · January 2020
Building
The Wings A

About 423, The Wings A

423 is a studio of 458 sqft on the 4th 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 5 Ejari contracts. The current contract, renewed on 25 July 2025, is AED 33,000 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 6,000 a year.

Sales and rents for 423 over time

Rents
Unit 423, each contractTypical studio in The Wings A
25K30K35K2020202220242026Typical 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, May 2020: AED 30,000 a yearNew contract, July 2021: AED 26,000 a yearRenewal, July 2022: AED 28,000 a yearNew contract, July 2024: AED 33,000 a yearRenewal, July 2025: AED 33,000 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 423 sits

All 134 studios →

423 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). 423's AED 33,000 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 4th floor

All 134 units in The Wings A
Value
401StudioAED 450K · Jan 2020
402StudioAED 450K · Jan 2020
403StudioAED 450K · Jan 2020
404StudioAED 450K · Jan 2020
405StudioAED 450K · Jan 2020
406StudioAED 450K · Jan 2020
407StudioAED 450K · Jan 2020
1–7 of 33

423, 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 May 2020 on 5 Ejari contracts. The rent fell from AED 30,000 to AED 26,000 in 2021 and recovered to AED 33,000 by July 2025.
  • At AED 33,000 a year the gross yield on the 2020 price is 7.3%, before a service charge of about AED 6,000 a year (AED 13.00 per sqft).

Source: Dubai Land Department. Updated 25 July 2025.

Questions about 423, The Wings A

What did unit 423 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 423?

AED 33,000 a year on the contract renewed on 25 July 2025. The previous contract, from July 2024, was AED 33,000; the unit has been rented since May 2020.

How big is unit 423?

458 sqft (42.5 sqm): a studio on the 4th floor of a 4-storey tower completed in 2019.

What is unit 423 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 423, 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 →