2-bed · 1,394 sqftArno Riverside, The Views · 3rd floor · completed 2006

324, Arno Riverside

Sold prices and rental history: sold 3 times, last in August 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 324 · DLD and Ejari recordsUpdated 20 February 2014
Last soldAED 1.6M13 August 2013
Current rentAED 115K /yr20 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 324, Arno Riverside

What is 324 worth today?

Last sold for AED 1,600,000 in 2013

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20 Feb 2014RentedNew contract
AED 115,000/yr12 months · AED 82 per sqft
13 Aug 2013SoldReady
AED 1,600,000AED 1,147 per sqft
20 Feb 2013RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft
20 Jan 2013SoldReady
AED 1,250,000AED 896 per sqft
5 Jan 2009Sold by developerReady
AED 1,231,888AED 883 per sqft

Source: Dubai Land Department. Updated 20 February 2014.

Key facts

Type
2-bed apartment
Size
1,394 sqft
Floor
3rd of 6
Parking
86
Developer
Emaar
Completed
2006
Service charge
AED 26,100 /yr
Last sold
AED 1.6M · August 2013

About 324, Arno Riverside

324 is a two-bedroom apartment of 1,394 sqft on the 3rd floor of Arno Riverside, a 6-storey tower in The Views completed in 2006 by Emaar. It last sold on 13 August 2013 for AED 1,600,000, or AED 1,147 per sqft, 10% above the AED 1,044 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 20 February 2014, is AED 115,000 a year: a gross yield of 7.2% on the 2013 price, before the service charge of about AED 26,100 a year.

Sales and rents for 324 over time

Sales
Unit 324, 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, January 2009: AED 1,231,888 (AED 883 per sqft)Sold, January 2013: AED 1,250,000 (AED 896 per sqft)Sold, August 2013: AED 1,600,000 (AED 1,147 per sqft)

324 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 324, 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, February 2013: AED 110,000 a yearNew contract, February 2014: AED 115,000 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 324 sits

All 86 2-beds →

324 last sold in August 2013 at AED 1,147 per sqft, 10% above what two-beds in Arno Riverside were fetching at the time (AED 1,044). 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. 324's AED 115,000 is in the lower 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 3rd floor

All 177 units in Arno Riverside
Value
3011-bedAED 770K · Apr 2021
302StudioAED 1.02M · Sep 2024
3032-bedAED 1.7M · Feb 2018
304StudioAED 439K · Jul 2010
3051-bedAED 1.23M · Feb 2024
3061-bedAED 1.2M · Oct 2013
3162-bedAED 1.28M · Aug 2011
1–7 of 24

324, Arno Riverside in numbers

  • Sold 3 times: first on 5 January 2009 for AED 1,231,888, last on 13 August 2013 for AED 1,600,000 (AED 1,147 per sqft).
  • Rented since February 2013 on 2 Ejari contracts, from AED 110,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2013 price is 7.2%, before a service charge of about AED 26,100 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 20 February 2014.

Questions about 324, Arno Riverside

What did unit 324 last sell for?

AED 1,600,000 on 13 August 2013: AED 1,147 per sqft for 1,394 sqft. The unit has 3 registered sales; the first was AED 1,231,888 in January 2009.

What is the rent for unit 324?

AED 115,000 a year on the contract signed on 20 February 2014. The previous contract, from February 2013, was AED 110,000.

How big is unit 324?

1,394 sqft (129.5 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2006.

What is unit 324 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 324, Arno Riverside

Starts from the last sale price (AED 1.6M, 13 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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