2-bed · 1,394 sqftArno Riverside, The Views · 4th floor · completed 2006

424, Arno Riverside

Sold prices and rental history: sold 3 times, last in June 2019, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 25 June 2019
Last soldAED 1.3M25 June 2019
Current rentAED 140K /yr15 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Arno Riverside

What is 424 worth today?

Last sold for AED 1,300,000 in 2019

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25 Jun 2019SoldReady
AED 1,300,000AED 932 per sqft
15 Apr 2017RentedRenewal
AED 140,000/yr12 months · AED 100 per sqft
15 Apr 2016RentedNew contract
AED 140,000/yr12 months · AED 100 per sqft
20 Mar 2013RentedNew contract
AED 115,000/yr12 months · AED 82 per sqft
3 Jul 2008Sold by developerReady
AED 1,300,000AED 932 per sqft
3 Jul 2008SoldReady
AED 2,150,000AED 1,542 per sqft

Source: Dubai Land Department. Updated 25 June 2019.

Key facts

Type
2-bed apartment
Size
1,394 sqft
Floor
4th of 6
Parking
120
Developer
Emaar
Completed
2006
Service charge
AED 26,100 /yr
Last sold
AED 1.3M · June 2019

About 424, Arno Riverside

424 is a two-bedroom apartment of 1,394 sqft on the 4th floor of Arno Riverside, a 6-storey tower in The Views completed in 2006 by Emaar. It last sold on 25 June 2019 for AED 1,300,000, or AED 932 per sqft, 8% below the AED 1,013 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 15 April 2017, is AED 140,000 a year: a gross yield of 10.8% on the 2019 price, before the service charge of about AED 26,100 a year.

Sales and rents for 424 over time

Sales
Unit 424, 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, July 2008: AED 1,300,000 (AED 932 per sqft)Sold, July 2008: AED 2,150,000 (AED 1,542 per sqft)Sold, June 2019: AED 1,300,000 (AED 932 per sqft)

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

Rents
Unit 424, 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 2013: AED 115,000 a yearNew contract, April 2016: AED 140,000 a yearRenewal, April 2017: AED 140,000 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 424 sits

All 86 2-beds →

424 last sold in June 2019 at AED 932 per sqft, 8% below what two-beds in Arno Riverside were fetching at the time (AED 1,013). 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. 424's AED 140,000 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 4th floor

All 177 units in Arno Riverside
Value
4011-bedAED 1.5M · Apr 2026
402StudioAED 1.01M · Jan 2009
4032-bedAED 847K · Dec 2008
404StudioAED 444K · Jul 2010
4051-bedAED 1.34M · Aug 2014
4061-bedAED 775K · Jul 2010
4162-bedAED 1.9M · Aug 2023
1–7 of 23

424, Arno Riverside in numbers

  • Sold 3 times: first on 3 July 2008 for AED 2,150,000, last on 25 June 2019 for AED 1,300,000 (AED 932 per sqft).
  • Rented since March 2013 on 3 Ejari contracts, from AED 115,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2019 price is 10.8%, 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 25 June 2019.

Questions about 424, Arno Riverside

What did unit 424 last sell for?

AED 1,300,000 on 25 June 2019: AED 932 per sqft for 1,394 sqft. The unit has 3 registered sales; the first was AED 2,150,000 in July 2008.

What is the rent for unit 424?

AED 140,000 a year on the contract renewed on 15 April 2017. The previous contract, from April 2016, was AED 140,000; the unit has been rented since March 2013.

How big is unit 424?

1,394 sqft (129.5 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2006.

What is unit 424 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 424, Arno Riverside

Starts from the last sale price (AED 1.3M, 25 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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