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2-bed · 1,159 sqftThe Wings B, Arjan · 4th floor · completed 2019

412, The Wings B

Sold prices and rental history: sold twice, last in September 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 28 September 2023
Last soldAED 1.1M28 September 2023
Current rentAED 90K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 412, The Wings B

What is 412 worth today?

Last sold for AED 1,095,510 in 2023

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28 Sep 2023SoldReady
AED 1,095,510AED 944 per sqft
1 Oct 2022RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
1 Oct 2021RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
17 Dec 2020Sold by developerReady
AED 900,000AED 776 per sqft

Source: Dubai Land Department. Updated 28 September 2023.

Key facts

Type
2-bed apartment
Size
1,159 sqft
Floor
4th of 4
Parking
G-249
Developer
Almizan Property Developer
Completed
2019
Service charge
AED 15,100 /yr
Last sold
AED 1.1M · September 2023
Building
The Wings B

About 412, The Wings B

412 is a two-bedroom apartment of 1,159 sqft on the 4th floor of The Wings B, a 4-storey tower in Arjan completed in 2019 by Almizan Property Developer . It last sold on 28 September 2023 for AED 1,095,510, or AED 944 per sqft, in line with the AED 932 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 October 2022, is AED 90,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 15,100 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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 900,000 (AED 776 per sqft)Sold, September 2023: AED 1,095,510 (AED 944 per sqft)

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

Rents
Unit 412, 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, October 2021: AED 90,000 a yearNew contract, October 2022: AED 90,000 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 412 sits

All 38 2-beds →

412 last sold in September 2023 at AED 944 per sqft, in line with what two-beds in The Wings B were fetching at the time (AED 932). 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. 412's AED 90,000 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 4th floor

All 80 units in The Wings B
Value
4012-bedAED 1.24M · Sep 2024
4021-bedAED 700K · Mar 2020
4032-bedAED 1.04M · Mar 2023
4043-bedAED 1.73M · Jun 2025
4052-bedAED 1M · Aug 2020
4063-bedAED 1.8M · Oct 2026
4073-bedAED 1.39M · Aug 2023
1–7 of 19

412, The Wings B in numbers

  • Sold twice: first on 17 December 2020 for AED 900,000, last on 28 September 2023 for AED 1,095,510 (AED 944 per sqft).
  • Rented since October 2021 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 15,100 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 28 September 2023.

Questions about 412, The Wings B

What did unit 412 last sell for?

AED 1,095,510 on 28 September 2023: AED 944 per sqft for 1,159 sqft. The unit has 2 registered sales; the first was AED 900,000 in December 2020.

What is the rent for unit 412?

AED 90,000 a year on the contract signed on 1 October 2022. The previous contract, from October 2021, was AED 90,000.

How big is unit 412?

1,159 sqft (107.7 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2019.

What is unit 412 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 412, The Wings B

Starts from the last sale price (AED 1.1M, 28 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,095,510
Deposit, UAE resident (20%)
AED 219,102
Deposit, non-resident (40%)
AED 438,204
Monthly over 25 years at 3.7%
AED 4,482

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