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

228, Vincitore Palacio

Sold prices and rental history: sold once, by the developer in June 2018, and rented once, from June 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 228 · DLD and Ejari recordsUpdated 27 June 2018
Last soldAED 585K25 June 2018
Current rentAED 50K /yr27 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 228, Vincitore Palacio

What is 228 worth today?

Last sold for AED 585,158 in 2018

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27 Jun 2018RentedNew contract
AED 50,000/yr12 months · AED 108 per sqft
25 Jun 2018Sold by developerReady
AED 585,158AED 1,250 per sqft

Source: Dubai Land Department. Updated 27 June 2018.

Key facts

Type
Studio apartment
Size
468 sqft
Floor
2nd of 4
Parking
G58 0
Developer
Vincitore Real Estate Development
Completed
2017
Service charge
AED 6,900 /yr
Last sold
AED 585K · June 2018
Building
Vincitore Palacio

About 228, Vincitore Palacio

228 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 25 June 2018 for AED 585,158, or AED 1,250 per sqft, in line with the AED 1,248 studios in the building were fetching at the time.

One Ejari contract is registered, from 27 June 2018. The current contract, signed on 27 June 2018, is AED 50,000 a year: a gross yield of 8.5% on the 2018 price, before the service charge of about AED 6,900 a year.

Sales and rents for 228 over time

Sales
Unit 228, 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, June 2018: AED 585,158 (AED 1,250 per sqft)

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

Rents
Unit 228, each contractTypical studio in Vincitore Palacio
30K40K50K2018202120242027Typical 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 45,000New contract, June 2018: AED 50,000 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 228 sits

All 93 studios →

228 last sold in June 2018 at AED 1,250 per sqft, in line with what studios in Vincitore Palacio were fetching at the time (AED 1,248). 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. 228's AED 50,000 is in the upper 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

228, Vincitore Palacio in numbers

  • Sold once: by Vincitore Real Estate Development on 25 June 2018 for AED 585,158, or AED 1,250 per sqft.
  • Rented since June 2018 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 8.5%, 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 27 June 2018.

Questions about 228, Vincitore Palacio

What did unit 228 last sell for?

AED 585,158 on 25 June 2018, sold by the developer: AED 1,250 per sqft for 468 sqft. It is the only registered sale of the unit.

What is the rent for unit 228?

AED 50,000 a year on the contract signed on 27 June 2018.

How big is unit 228?

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

What is unit 228 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 228, Vincitore Palacio

Starts from the last sale price (AED 585K, 25 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 585,158
Deposit, UAE resident (20%)
AED 117,032
Deposit, non-resident (40%)
AED 234,063
Monthly over 25 years at 3.7%
AED 2,394

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