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2-bed · 1,156 sqftVincitore Palacio, Arjan · 3rd floor · completed 2017

322, Vincitore Palacio

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 322 · DLD and Ejari recordsUpdated 26 June 2023
Last soldAED 1.05M26 June 2023
Current rentAED 74K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 322, Vincitore Palacio

What is 322 worth today?

Last sold for AED 1,050,000 in 2023

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26 Jun 2023SoldReady
AED 1,050,000AED 908 per sqft
1 Oct 2022RentedNew contract
AED 74,000/yr12 months · AED 64 per sqft
1 Feb 2022RentedRenewal
AED 70,000/yr12 months · AED 61 per sqft
1 Feb 2021RentedRenewal
AED 70,000/yr12 months · AED 61 per sqft
1 Feb 2020RentedRenewal
AED 75,000/yr12 months · AED 65 per sqft
1 Feb 2019RentedRenewal
AED 80,000/yr12 months · AED 69 per sqft
18 Aug 2016Sold by developerOff-plan
AED 1,135,977AED 982 per sqft

Source: Dubai Land Department. Updated 26 June 2023.

Key facts

Type
2-bed apartment
Size
1,156 sqft
Floor
3rd of 4
Parking
G89
Developer
Vincitore Real Estate Development
Completed
2017
Service charge
AED 17,100 /yr
Last sold
AED 1.05M · June 2023
Building
Vincitore Palacio

About 322, Vincitore Palacio

322 is a two-bedroom apartment of 1,156 sqft on the 3rd floor of Vincitore Palacio, a 4-storey tower in Arjan completed in 2017 by Vincitore Real Estate Development . It last sold on 26 June 2023 for AED 1,050,000, or AED 908 per sqft, in line with the AED 908 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 October 2022, is AED 74,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 17,100 a year.

Sales and rents for 322 over time

Sales
Unit 322, each saleTypical two-bed in Vincitore Palacio
1M1.2M1.4M20162018202020222024Typical sale price by year: 2016 AED 1,226,075; 2017 AED 1,384,871; 2023 AED 1,200,000Sold by developer, August 2016: AED 1,135,977 (AED 982 per sqft)Sold, June 2023: AED 1,050,000 (AED 908 per sqft)

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

Rents
Unit 322, each contractTypical two-bed in Vincitore Palacio
80K100K2018202120242027Typical rent by year: 2018 AED 90,000; 2019 AED 84,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 73,500; 2023 AED 77,000; 2024 AED 76,578; 2025 AED 105,000; 2026 AED 105,000Renewal, February 2019: AED 80,000 a yearRenewal, February 2020: AED 75,000 a yearRenewal, February 2021: AED 70,000 a yearRenewal, February 2022: AED 70,000 a yearNew contract, October 2022: AED 74,000 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 Vincitore Palacio, and where 322 sits

All 19 2-beds →

322 last sold in June 2023 at AED 908 per sqft, in line with what two-beds in Vincitore Palacio were fetching at the time (AED 908). Over the last 12 months two-beds sold for AED 2,000,000, around AED 1,381 per sqft, and rent for AED 84,000 to 130,000 a year. 322's AED 74,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Dec 20252,000,000
27 May 20252,000,000
6 Jun 20231,200,000
1 Jun 20231,568,726
1 2-bed sale 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 3rd floor

All 175 units in Vincitore Palacio
Value
3012-bedAED 1.28M · Sep 2017
302StudioAED 567K · Nov 2022
3031-bedAED 875K · Dec 2016
3041-bedAED 925K · Dec 2016
3051-bedAED 896K · Sep 2016
3061-bedAED 1.08M · Jan 2017
3071-bedAED 1.03M · Dec 2024
1–7 of 43

322, Vincitore Palacio in numbers

  • Sold twice: first on 18 August 2016 for AED 1,135,977, last on 26 June 2023 for AED 1,050,000 (AED 908 per sqft).
  • Rented since February 2019 on 5 Ejari contracts, from AED 80,000 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 17,100 a year (AED 14.82 per sqft).
  • Two-beds in Vincitore Palacio sold for AED 2,000,000–2,000,000 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 26 June 2023.

Questions about 322, Vincitore Palacio

What did unit 322 last sell for?

AED 1,050,000 on 26 June 2023: AED 908 per sqft for 1,156 sqft. The unit has 2 registered sales; the first was AED 1,135,977 in August 2016.

What is the rent for unit 322?

AED 74,000 a year on the contract signed on 1 October 2022. The previous contract, from February 2022, was AED 70,000; the unit has been rented since February 2019.

How big is unit 322?

1,156 sqft (107.4 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2017.

What is unit 322 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Vincitore Palacio sold for AED 2,000,000 to 2,000,000 in the last 12 months, around AED 1,381 per sqft.

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Mortgage on 322, Vincitore Palacio

Starts from the last sale price (AED 1.05M, 26 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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