Studio · 468 sqftVincitore Palacio, Arjan · 2nd floor · completed 2017

216, Vincitore Palacio

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 28 August 2026
Last soldAED 514K21 August 2016
Current rentAED 45K /yr28 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Vincitore Palacio

What is 216 worth today?

Last sold for AED 514,003 in 2016

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28 Aug 2026RentedRenewal
AED 45,000/yr12 months · AED 96 per sqft
28 Aug 2025RentedRenewal
AED 45,000/yr12 months · AED 96 per sqft
28 Aug 2024RentedNew contract
AED 45,000/yr12 months · AED 96 per sqft
24 Jul 2022RentedNew contract
AED 30,000/yr12 months · AED 64 per sqft
15 Jul 2020RentedNew contract
AED 28,000/yr12 months · AED 60 per sqft
1 Jun 2019RentedRenewal
AED 45,500/yr12 months · AED 97 per sqft
21 Aug 2016Sold by developerOff-plan
AED 514,003AED 1,098 per sqft

Source: Dubai Land Department. Updated 28 August 2026.

Key facts

Type
Studio apartment
Size
468 sqft
Floor
2nd of 4
Parking
G137
Developer
Vincitore Real Estate Development
Completed
2017
Service charge
AED 6,900 /yr
Last sold
AED 514K · August 2016

About 216, Vincitore Palacio

216 is a studio of 468 sqft on the 2nd floor of Vincitore Palacio, a 4-storey tower in Arjan completed in 2017 by Vincitore Real Estate Development . The developer sold it on 21 August 2016 for AED 514,003, or AED 1,098 per sqft, in line with the AED 1,098 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 28 August 2026, is AED 45,000 a year: a gross yield of 8.8% on the 2016 price, before the service charge of about AED 6,900 a year.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical studio in Vincitore Palacio
400K600K2016201920222025Typical sale price by year: 2016 AED 514,003; 2017 AED 565,669; 2018 AED 585,158; 2020 AED 365,000; 2021 AED 400,000; 2022 AED 410,000; 2023 AED 470,000; 2024 AED 482,500; 2025 AED 577,500; 2026 AED 615,000Sold by developer, August 2016: AED 514,003 (AED 1,098 per sqft)

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

Rents
Unit 216, each contractTypical studio in Vincitore Palacio
30K40K2018202120242027Typical rent by year: 2018 AED 45,000; 2019 AED 41,000; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 32,500; 2023 AED 37,000; 2024 AED 41,070; 2025 AED 46,000; 2026 AED 45,000Renewal, June 2019: AED 45,500 a yearNew contract, July 2020: AED 28,000 a yearNew contract, July 2022: AED 30,000 a yearNew contract, August 2024: AED 45,000 a yearRenewal, August 2025: AED 45,000 a yearRenewal, August 2026: AED 45,000 a year

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

Studios in Vincitore Palacio, and where 216 sits

All 93 studios →

216 last sold in August 2016 at AED 1,098 per sqft, in line with what studios in Vincitore Palacio were fetching at the time (AED 1,098). Over the last 12 months studios sold for AED 580,000 to 871,921, around AED 1,291 per sqft, and rent for AED 38,000 to 60,000 a year. 216's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Aug 2026635,000
14 Jul 2026580,000
18 Jun 2026610,000
8 Apr 2026620,000
7 studio sales in the last 12 months

Vincitore Palacio

Building

175 apartments, studios to 2-bed over 4 floors in Arjan, completed in 2017 by Vincitore Real Estate Development . 10 sold in the last 12 months.

Typical price per sqft
AED 1,286 Up 7.5%
Typical sale
AED 638K
Typical rent
AED 54K /yr
Typical yield
7.1%
Vincitore Palacio, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 175 units in Vincitore Palacio
Value
2012-bedAED 1.42M · Jun 2018
202StudioAED 597K · Nov 2017
2031-bedAED 880K · Sep 2024
2041-bedNo registered sale
2051-bedAED 896K · Oct 2016
2061-bedAED 1.05M · Aug 2016
2071-bedAED 1.12M · Nov 2018
1–7 of 43

216, Vincitore Palacio in numbers

  • Sold once: by Vincitore Real Estate Development on 21 August 2016 for AED 514,003, or AED 1,098 per sqft.
  • Rented since June 2019 on 6 Ejari contracts. The rent fell from AED 45,500 to AED 28,000 in 2020 and recovered to AED 45,000 by August 2026.
  • At AED 45,000 a year the gross yield on the 2016 price is 8.8%, before a service charge of about AED 6,900 a year (AED 14.82 per sqft).
  • Studios in Vincitore Palacio sold for AED 580,000–871,921 in the 12 months to November 2026; the building's median across all types is AED 1,286 per sqft.

Source: Dubai Land Department. Updated 28 August 2026.

Questions about 216, Vincitore Palacio

What did unit 216 last sell for?

AED 514,003 on 21 August 2016, sold by the developer: AED 1,098 per sqft for 468 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 45,000 a year on the contract renewed on 28 August 2026. The previous contract, from August 2025, was AED 45,000; the unit has been rented since June 2019.

How big is unit 216?

468 sqft (43.5 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Vincitore Palacio sold for AED 580,000 to 871,921 in the last 12 months, around AED 1,291 per sqft.

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Mortgage on 216, Vincitore Palacio

Starts from the last sale price (AED 514K, 21 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 514,003
Deposit, UAE resident (20%)
AED 102,801
Deposit, non-resident (40%)
AED 205,601
Monthly over 25 years at 3.7%
AED 2,103

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