2-bed · 1,913 sqftThe Wings B, Arjan · 1st floor · completed 2019

116, The Wings B

Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 1.07M17 December 2020
Current rentAED 100K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, The Wings B

What is 116 worth today?

Last sold for AED 1,070,000 in 2020

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1 May 2026RentedNew contract
AED 100,000/yr12 months · AED 52 per sqft
1 May 2025RentedNew contract
AED 85,000/yr12 months · AED 44 per sqft
1 May 2025RentedNew contract
AED 85,000/yr12 months · AED 44 per sqft
2 Feb 2024RentedRenewal
AED 73,000/yr12 months · AED 38 per sqft
2 Feb 2023RentedRenewal
AED 70,000/yr12 months · AED 37 per sqft
2 Feb 2022RentedNew contract
AED 65,000/yr12 months · AED 34 per sqft
2 Feb 2021RentedNew contract
AED 65,000/yr12 months · AED 34 per sqft
17 Dec 2020Sold by developerReady
AED 1,070,000AED 559 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
1,913 sqft
Floor
1st of 4
Parking
G-265
Developer
Almizan Property Developer
Completed
2019
Service charge
AED 24,900 /yr
Last sold
AED 1.07M · December 2020
Building
The Wings B

About 116, The Wings B

116 is a two-bedroom apartment of 1,913 sqft on the 1st floor of The Wings B, a 4-storey tower in Arjan completed in 2019 by Almizan Property Developer . The developer sold it on 17 December 2020 for AED 1,070,000, or AED 559 per sqft, 28% below the AED 776 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 May 2026, is AED 100,000 a year: a gross yield of 9.3% on the 2020 price, before the service charge of about AED 24,900 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in The Wings B
1M1.2M2020202220242026Typical sale price by year: 2020 AED 970,000; 2023 AED 1,100,000; 2024 AED 1,240,071; 2025 AED 1,318,500Sold by developer, December 2020: AED 1,070,000 (AED 559 per sqft)

116 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 116, each contractTypical two-bed in The Wings B
50K75K100K2020202220242026Typical rent by year: 2020 AED 88,000; 2021 AED 53,500; 2022 AED 70,500; 2023 AED 73,500; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 100,000New contract, February 2021: AED 65,000 a yearNew contract, February 2022: AED 65,000 a yearRenewal, February 2023: AED 70,000 a yearRenewal, February 2024: AED 73,000 a yearNew contract, May 2025: AED 85,000 a yearNew contract, May 2025: AED 85,000 a yearNew contract, May 2026: AED 100,000 a year

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

2-beds in The Wings B, and where 116 sits

All 38 2-beds →

116 last sold in December 2020 at AED 559 per sqft, 28% below what two-beds in The Wings B were fetching at the time (AED 776). Over the last 12 months two-beds sold for AED 1,300,000 to 1,390,000, around AED 1,121 per sqft, and rent for AED 83,000 to 300,000 a year. 116's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Mar 20261,390,000
22 Jan 20261,300,000
12 Nov 20251,300,000
4 Sep 20251,600,000
3 2-bed sales in the last 12 months

The Wings B

Building

80 apartments, 1-bed to 3-bed over 4 floors in Arjan, completed in 2019 by Almizan Property Developer . 7 sold in the last 12 months.

Typical price per sqft
AED 1,119
Typical sale
AED 1.3M
Typical rent
AED 100K /yr
Typical yield
7.0%
The Wings B, Arjan: prices, sales and rents →

Other units on the 1st floor

All 80 units in The Wings B
Value
1011-bedAED 800K · Dec 2020
1021-bedAED 1.06M · Dec 2025
1032-bedAED 1.44M · Jul 2024
1043-bedAED 1.4M · Jul 2020
1052-bedAED 1.3M · May 2024
1063-bedAED 1.45M · Dec 2020
1073-bedAED 1.4M · Aug 2020
1–7 of 19

116, The Wings B in numbers

  • Sold once: by Almizan Property Developer on 17 December 2020 for AED 1,070,000, or AED 559 per sqft.
  • Rented since February 2021 on 7 Ejari contracts, from AED 65,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 9.3%, before a service charge of about AED 24,900 a year (AED 13.00 per sqft).
  • Two-beds in The Wings B sold for AED 1,300,000–1,390,000 in the 12 months to November 2026; the building's median across all types is AED 1,119 per sqft.

Source: Dubai Land Department. Updated 1 May 2026.

Questions about 116, The Wings B

What did unit 116 last sell for?

AED 1,070,000 on 17 December 2020, sold by the developer: AED 559 per sqft for 1,913 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 100,000 a year on the contract signed on 1 May 2026. The previous contract, from May 2025, was AED 85,000; the unit has been rented since February 2021.

How big is unit 116?

1,913 sqft (177.7 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2019.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Wings B sold for AED 1,300,000 to 1,390,000 in the last 12 months, around AED 1,121 per sqft.

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Mortgage on 116, The Wings B

Starts from the last sale price (AED 1.07M, 17 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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