Studio · 487 sqftVincitore Palacio, Arjan · 2nd floor · completed 2017

232, Vincitore Palacio

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 232 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 591K23 March 2017
Current rentAED 52K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 232, Vincitore Palacio

What is 232 worth today?

Last sold for AED 591,217 in 2017

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20 Aug 2024RentedNew contract
AED 51,600/yr12 months · AED 106 per sqft
15 Aug 2021RentedNew contract
AED 34,800/yr12 months · AED 72 per sqft
10 Jul 2020RentedNew contract
AED 35,000/yr12 months · AED 72 per sqft
23 Mar 2019RentedRenewal
AED 41,000/yr12 months · AED 84 per sqft
23 Mar 2018RentedNew contract
AED 46,000/yr12 months · AED 94 per sqft
23 Mar 2017Sold by developerOff-plan
AED 591,217AED 1,214 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
Studio apartment
Size
487 sqft
Floor
2nd of 4
Parking
G163
Developer
Vincitore Real Estate Development
Completed
2017
Service charge
AED 7,200 /yr
Last sold
AED 591K · March 2017

About 232, Vincitore Palacio

232 is a studio of 487 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 23 March 2017 for AED 591,217, or AED 1,214 per sqft, 10% above the AED 1,100 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 20 August 2024, is AED 51,600 a year: a gross yield of 8.7% on the 2017 price, before the service charge of about AED 7,200 a year.

Sales and rents for 232 over time

Sales
Unit 232, 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, March 2017: AED 591,217 (AED 1,214 per sqft)

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

Rents
Unit 232, each contractTypical studio in Vincitore Palacio
40K2018202120242027Typical 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, March 2018: AED 46,000 a yearRenewal, March 2019: AED 41,000 a yearNew contract, July 2020: AED 35,000 a yearNew contract, August 2021: AED 34,800 a yearNew contract, August 2024: AED 51,600 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 232 sits

All 93 studios →

232 last sold in March 2017 at AED 1,214 per sqft, 10% above what studios in Vincitore Palacio were fetching at the time (AED 1,100). 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. 232's AED 51,600 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

232, Vincitore Palacio in numbers

  • Sold once: by Vincitore Real Estate Development on 23 March 2017 for AED 591,217, or AED 1,214 per sqft.
  • Rented since March 2018 on 5 Ejari contracts. The rent fell from AED 46,000 to AED 34,800 in 2021 and recovered to AED 51,600 by August 2024.
  • At AED 51,600 a year the gross yield on the 2017 price is 8.7%, before a service charge of about AED 7,200 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 20 August 2024.

Questions about 232, Vincitore Palacio

What did unit 232 last sell for?

AED 591,217 on 23 March 2017, sold by the developer: AED 1,214 per sqft for 487 sqft. It is the only registered sale of the unit.

What is the rent for unit 232?

AED 51,600 a year on the contract signed on 20 August 2024. The previous contract, from August 2021, was AED 34,800; the unit has been rented since March 2018.

How big is unit 232?

487 sqft (45.2 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2017.

What is unit 232 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 232, Vincitore Palacio

Starts from the last sale price (AED 591K, 23 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 591,217
Deposit, UAE resident (20%)
AED 118,243
Deposit, non-resident (40%)
AED 236,487
Monthly over 25 years at 3.7%
AED 2,419

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