3-bed · 1,535 sqftThe Wings B, Arjan · 3rd floor · completed 2019

314, The Wings B

Sold prices and rental history: sold twice, last in March 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 314 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 1.5M20 March 2024
Current rentAED 82K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, The Wings B

What is 314 worth today?

Last sold for AED 1,504,300 in 2024

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20 Mar 2024SoldReady
AED 1,504,300AED 979 per sqft
1 Jul 2022RentedRenewal
AED 82,000/yr12 months · AED 53 per sqft
1 Jul 2021RentedNew contract
AED 82,000/yr12 months · AED 53 per sqft
17 Dec 2020Sold by developerReady
AED 900,000AED 586 per sqft

Source: Dubai Land Department. Updated 20 March 2024.

Key facts

Type
3-bed apartment
Size
1,535 sqft
Floor
3rd of 4
Parking
G-117
Developer
Almizan Property Developer
Completed
2019
Service charge
AED 20,000 /yr
Last sold
AED 1.5M · March 2024
Building
The Wings B

About 314, The Wings B

314 is a three-bedroom apartment of 1,535 sqft on the 3rd floor of The Wings B, a 4-storey tower in Arjan completed in 2019 by Almizan Property Developer . It last sold on 20 March 2024 for AED 1,504,300, or AED 979 per sqft, 6% above the AED 924 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 82,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 20,000 a year.

Sales and rents for 314 over time

Sales
Unit 314, each saleTypical three-bed in The Wings B
1M1.5M2020202220242026Typical sale price by year: 2020 AED 1,150,000; 2023 AED 1,405,000; 2024 AED 1,765,670; 2025 AED 1,815,692Sold by developer, December 2020: AED 900,000 (AED 586 per sqft)Sold, March 2024: AED 1,504,300 (AED 979 per sqft)

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

Rents
Unit 314, each contractTypical three-bed in The Wings B
75K100K125K2020202220242026Typical rent by year: 2020 AED 110,000; 2021 AED 81,000; 2022 AED 81,000; 2023 AED 90,813; 2024 AED 110,250; 2025 AED 135,000; 2026 AED 129,000New contract, July 2021: AED 82,000 a yearRenewal, July 2022: AED 82,000 a year

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

3-beds in The Wings B, and where 314 sits

All 24 3-beds →

314 last sold in March 2024 at AED 979 per sqft, 6% above what three-beds in The Wings B were fetching at the time (AED 924). Over the last 12 months three-beds sold for AED 1,800,000 to 1,970,000, around AED 984 per sqft, and rent for AED 115,000 to 155,000 a year. 314's AED 82,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Oct 20261,970,000
8 Oct 20261,800,000
5 Nov 20252,114,000
20 Oct 20251,500,000
2 3-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 3rd floor

All 80 units in The Wings B
Value
3012-bedAED 1.3M · Jul 2025
3021-bedAED 690K · Mar 2022
3032-bedAED 1M · Oct 2020
3043-bedAED 1.5M · Oct 2025
3052-bedAED 1M · Oct 2020
3063-bedAED 1.9M · Nov 2024
3073-bedAED 1.38M · Aug 2023
1–7 of 19

314, The Wings B in numbers

  • Sold twice: first on 17 December 2020 for AED 900,000, last on 20 March 2024 for AED 1,504,300 (AED 979 per sqft).
  • Rented since July 2021 on 2 Ejari contracts, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 20,000 a year (AED 13.00 per sqft).
  • Three-beds in The Wings B sold for AED 1,800,000–1,970,000 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 20 March 2024.

Questions about 314, The Wings B

What did unit 314 last sell for?

AED 1,504,300 on 20 March 2024: AED 979 per sqft for 1,535 sqft. The unit has 2 registered sales; the first was AED 900,000 in December 2020.

What is the rent for unit 314?

AED 82,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 82,000.

How big is unit 314?

1,535 sqft (142.6 sqm): a three-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2019.

What is unit 314 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Wings B sold for AED 1,800,000 to 1,970,000 in the last 12 months, around AED 984 per sqft.

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Mortgage on 314, The Wings B

Starts from the last sale price (AED 1.5M, 20 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,504,300
Deposit, UAE resident (20%)
AED 300,860
Deposit, non-resident (40%)
AED 601,720
Monthly over 25 years at 3.7%
AED 6,155

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