2-bed · 1,311 sqftArno Riverside, The Views · 2nd floor · completed 2006

216, Arno Riverside

Sold prices and rental history: sold once, by the developer in October 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 16 October 2024
Last soldAED 2.22M16 October 2024
Current rentAED 135K /yr31 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Arno Riverside

What is 216 worth today?

Last sold for AED 2,220,000 in 2024

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16 Oct 2024Sold by developerReady
AED 2,220,000AED 1,693 per sqft
31 Mar 2024RentedRenewal
AED 135,000/yr12 months · AED 103 per sqft
31 Mar 2023RentedRenewal
AED 124,000/yr12 months · AED 94 per sqft
31 Mar 2022RentedRenewal
AED 110,000/yr12 months · AED 84 per sqft
31 Mar 2021RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
31 Mar 2020RentedRenewal
AED 105,000/yr12 months · AED 80 per sqft
31 Mar 2019RentedRenewal
AED 118,000/yr12 months · AED 90 per sqft
31 Mar 2018RentedRenewal
AED 125,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 16 October 2024.

Key facts

Type
2-bed apartment
Size
1,311 sqft
Floor
2nd of 6
Parking
129
Developer
Emaar
Completed
2006
Service charge
AED 24,500 /yr
Last sold
AED 2.22M · October 2024

About 216, Arno Riverside

216 is a two-bedroom apartment of 1,311 sqft on the 2nd floor of Arno Riverside, a 6-storey tower in The Views completed in 2006 by Emaar. The developer sold it on 16 October 2024 for AED 2,220,000, or AED 1,693 per sqft, 24% above the AED 1,361 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 31 March 2024, is AED 135,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 24,500 a year.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical two-bed in Arno Riverside
1M2M2008201320182023Typical sale price by year: 2008 AED 1,250,000; 2009 AED 1,252,388; 2010 AED 1,201,444; 2011 AED 1,214,888; 2012 AED 1,340,000; 2013 AED 1,625,000; 2015 AED 1,675,000; 2016 AED 1,830,000; 2018 AED 1,725,000; 2019 AED 1,287,500; 2020 AED 1,475,000; 2021 AED 1,312,500; 2022 AED 1,500,000; 2023 AED 1,900,000; 2024 AED 2,210,000; 2025 AED 2,437,500Sold by developer, October 2024: AED 2,220,000 (AED 1,693 per sqft)

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

Rents
Unit 216, each contractTypical two-bed in Arno Riverside
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 120,000; 2014 AED 131,616; 2015 AED 145,000; 2016 AED 138,500; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 110,000; 2020 AED 95,000; 2021 AED 87,500; 2022 AED 105,000; 2023 AED 118,752; 2024 AED 130,000; 2025 AED 140,000; 2026 AED 138,000New contract, March 2016: AED 135,000 a yearRenewal, March 2018: AED 125,000 a yearRenewal, March 2019: AED 118,000 a yearRenewal, March 2020: AED 105,000 a yearRenewal, March 2021: AED 90,000 a yearRenewal, March 2022: AED 110,000 a yearRenewal, March 2023: AED 124,000 a yearRenewal, March 2024: AED 135,000 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 Arno Riverside, and where 216 sits

All 86 2-beds →

216 last sold in October 2024 at AED 1,693 per sqft, 24% above what two-beds in Arno Riverside were fetching at the time (AED 1,361). Over the last 12 months two-beds sold for AED 2,850,000 to 3,300,000, around AED 1,695 per sqft, and rent for AED 77,500 to 186,000 a year. 216's AED 135,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 May 20263,300,000
16 Apr 20263,200,000
20 Nov 20252,850,000
12 Sep 20252,200,000
3 2-bed sales in the last 12 months

Arno Riverside

Building

177 apartments, studios to 3-bed over 6 floors in The Views, completed in 2006 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 1,836
Typical sale
AED 1.79M
Typical rent
AED 108K /yr
Typical yield
5.6%
Arno Riverside, The Views: prices, sales and rents →

Other units on the 2nd floor

All 177 units in Arno Riverside
Value
2011-bedAED 547K · Oct 2008
202StudioAED 580K · May 2012
2032-bedAED 829K · Jun 2010
204StudioAED 945K · May 2024
2051-bedAED 1.45M · Apr 2014
2061-bedAED 725K · Jun 2010
2071-bedAED 1.32M · May 2026
1–7 of 31

216, Arno Riverside in numbers

  • Sold once: by Emaar on 16 October 2024 for AED 2,220,000, or AED 1,693 per sqft.
  • Rented since March 2016 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2021 and recovered to AED 135,000 by March 2024.
  • At AED 135,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 24,500 a year (AED 18.70 per sqft).
  • Two-beds in Arno Riverside sold for AED 2,850,000–3,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,836 per sqft.

Source: Dubai Land Department. Updated 16 October 2024.

Questions about 216, Arno Riverside

What did unit 216 last sell for?

AED 2,220,000 on 16 October 2024, sold by the developer: AED 1,693 per sqft for 1,311 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 135,000 a year on the contract renewed on 31 March 2024. The previous contract, from March 2023, was AED 124,000; the unit has been rented since March 2016.

How big is unit 216?

1,311 sqft (121.8 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2006.

What is unit 216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Arno Riverside sold for AED 2,850,000 to 3,300,000 in the last 12 months, around AED 1,695 per sqft.

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Mortgage on 216, Arno Riverside

Starts from the last sale price (AED 2.22M, 16 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,220,000
Deposit, UAE resident (20%)
AED 444,000
Deposit, non-resident (40%)
AED 888,000
Monthly over 25 years at 3.7%
AED 9,083

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