Studio · 364 sqftTorino 3, Arjan · 5th floor · completed 2024

516, Torino 3

Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 24 August 2022
Last soldAED 418K24 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Torino 3

What is 516 worth today?

Last sold for AED 418,250 in 2022

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24 Aug 2022Sold by developerOff-plan
AED 418,250AED 1,148 per sqft

Source: Dubai Land Department. Updated 24 August 2022.

Key facts

Type
Studio apartment
Size
364 sqft
Floor
5th of 5
Parking
1
Developer
Oro24 Real Estate Development
Completed
2024
Last sold
AED 418K · August 2022
Building
Torino 3

About 516, Torino 3

516 is a studio of 364 sqft on the 5th floor of Torino 3, a 5-storey tower in Arjan completed in 2024 by Oro24 Real Estate Development . The developer sold it on 24 August 2022 for AED 418,250, or AED 1,148 per sqft, in line with the AED 1,155 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical studio in Torino 3
400K500K600K202220242026Typical sale price by year: 2022 AED 422,750; 2024 AED 540,000; 2025 AED 542,500; 2026 AED 612,000Sold by developer, August 2022: AED 418,250 (AED 1,148 per sqft)

516 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 516, each contractTypical studio in Torino 3
50K60K202520262027Typical rent by year: 2025 AED 55,000; 2026 AED 55,000

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

Studios in Torino 3, and where 516 sits

All 51 studios →

516 last sold in August 2022 at AED 1,148 per sqft, in line with what studios in Torino 3 were fetching at the time (AED 1,155). Over the last 12 months studios sold for AED 550,000 to 650,000, around AED 1,681 per sqft, and rent for AED 42,000 to 60,000 a year.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 2026646,000
8 Oct 2026605,000
4 Sep 2026570,000
4 Sep 2026650,000
9 studio sales in the last 12 months

Torino 3

Building

110 apartments, studios to 2-bed over 5 floors in Arjan, completed in 2024 by Oro24 Real Estate Development . 21 sold in the last 12 months.

Typical price per sqft
AED 1,655 Up 13.8%
Typical sale
AED 840K
Typical rent
AED 60K /yr
Typical yield
8.3%
Torino 3, Arjan: prices, sales and rents →

Other units on the 5th floor

All 110 units in Torino 3
Value
5011-bedAED 684K · Sep 2022
502StudioAED 428K · Jun 2022
503StudioAED 428K · Aug 2022
504StudioAED 630K · Feb 2026
5051-bedAED 1.07M · Mar 2026
5062-bedAED 791K · Dec 2022
507StudioAED 418K · Aug 2022
1–7 of 21

516, Torino 3 in numbers

  • Sold once: by Oro24 Real Estate Development on 24 August 2022 for AED 418,250, or AED 1,148 per sqft.
  • Studios in Torino 3 sold for AED 550,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 1,655 per sqft.

Source: Dubai Land Department. Updated 24 August 2022.

Questions about 516, Torino 3

What did unit 516 last sell for?

AED 418,250 on 24 August 2022, sold by the developer: AED 1,148 per sqft for 364 sqft. It is the only registered sale of the unit.

How big is unit 516?

364 sqft (33.8 sqm): a studio on the 5th floor of a 5-storey tower completed in 2024.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Torino 3 sold for AED 550,000 to 650,000 in the last 12 months, around AED 1,681 per sqft.

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Mortgage on 516, Torino 3

Starts from the last sale price (AED 418K, 24 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 418,250
Deposit, UAE resident (20%)
AED 83,650
Deposit, non-resident (40%)
AED 167,300
Monthly over 25 years at 3.7%
AED 1,711

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