1-bed · 1,131 sqftInjazzat Residence, Meydan City · 2nd floor

214, Injazzat Residence

Sold prices and rental history: sold twice, last in May 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 26 August 2024
Last soldAED 1.7M31 May 2024
Current rentAED 105K /yr26 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Injazzat Residence

What is 214 worth today?

Last sold for AED 1,700,000 in 2024

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26 Aug 2024RentedNew contract
AED 105,000/yr12 months · AED 93 per sqft
31 May 2024SoldReady
AED 1,700,000AED 1,503 per sqft
26 Aug 2023RentedNew contract
AED 105,000/yr12 months · AED 93 per sqft
1 Mar 2022Sold by developerReady
AED 1,300,663AED 1,150 per sqft

Source: Dubai Land Department. Updated 26 August 2024.

Key facts

Type
1-bed apartment
Size
1,131 sqft
Floor
2nd of 4
Parking
G-25
Last sold
AED 1.7M · May 2024

About 214, Injazzat Residence

214 is a one-bedroom apartment of 1,131 sqft on the 2nd floor of Injazzat Residence, a 4-storey tower in Meydan City. It last sold on 31 May 2024 for AED 1,700,000, or AED 1,503 per sqft, in line with the AED 1,492 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 26 August 2024, is AED 105,000 a year: a gross yield of 6.2% on the 2024 price.

Sales and rents for 214 over time

Sales
Unit 214, each saleTypical one-bed in Injazzat Residence
1.25M1.5M1.75M2022202320242025Typical sale price by year: 2022 AED 1,169,963; 2023 AED 1,250,000; 2024 AED 1,675,000Sold by developer, March 2022: AED 1,300,663 (AED 1,150 per sqft)Sold, May 2024: AED 1,700,000 (AED 1,503 per sqft)

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

Rents
Unit 214, each contractTypical one-bed in Injazzat Residence
90K100K110K20232024202520262027Typical rent by year: 2023 AED 87,000; 2024 AED 90,500; 2025 AED 94,750; 2026 AED 107,500New contract, August 2023: AED 105,000 a yearNew contract, August 2024: AED 105,000 a year

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

1-beds in Injazzat Residence, and where 214 sits

All 32 1-beds →

214 last sold in May 2024 at AED 1,503 per sqft, in line with what one-beds in Injazzat Residence were fetching at the time (AED 1,492). 214's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20251,900,000
26 Jun 20252,000,000
4 Sep 20241,740,000
1 Aug 20241,700,000
0 1-bed sales in the last 12 months

Injazzat Residence

Building

52 apartments, 1-bed to 3-bed over 4 floors in Meydan City. 3 sold in the last 12 months.

Typical price per sqft
AED 1,514
Typical sale
AED 2.75M
Typical rent
AED 115K /yr
Typical yield
7.6%
Injazzat Residence, Meydan City: prices, sales and rents →

Other units on the 2nd floor

All 52 units in Injazzat Residence
Value
2011-bedAED 1.2M · Nov 2022
2021-bedAED 1.17M · Oct 2022
2032-bedAED 1.8M · Mar 2022
2041-bedAED 1.1M · Apr 2022
2053-bedAED 2.19M · Dec 2021
2062-bedAED 2M · Apr 2022
2071-bedAED 1.22M · Dec 2022
1–7 of 13

214, Injazzat Residence in numbers

  • Sold twice: first on 1 March 2022 for AED 1,300,663, last on 31 May 2024 for AED 1,700,000 (AED 1,503 per sqft).
  • Rented since August 2023 on 2 Ejari contracts, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 6.2%.

Source: Dubai Land Department. Updated 26 August 2024.

Questions about 214, Injazzat Residence

What did unit 214 last sell for?

AED 1,700,000 on 31 May 2024: AED 1,503 per sqft for 1,131 sqft. The unit has 2 registered sales; the first was AED 1,300,663 in March 2022.

What is the rent for unit 214?

AED 105,000 a year on the contract signed on 26 August 2024. The previous contract, from August 2023, was AED 105,000.

How big is unit 214?

1,131 sqft (105.1 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower.

What is unit 214 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 214, Injazzat Residence

Starts from the last sale price (AED 1.7M, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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