2-bed · 2,290 sqftArno Riverside, The Views · 4th floor · completed 2006

427, Arno Riverside

Sold prices and rental history: sold 3 times, last in October 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 427 · DLD and Ejari recordsUpdated 12 October 2020
Last soldAED 1.48M12 October 2020
Current rentAED 110K /yr7 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 427, Arno Riverside

What is 427 worth today?

Last sold for AED 1,475,000 in 2020

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12 Oct 2020SoldReady
AED 1,475,000AED 644 per sqft
7 Feb 2020RentedNew contract
AED 110,000/yr12 months · AED 48 per sqft
7 Feb 2019RentedNew contract
AED 125,000/yr12 months · AED 55 per sqft
1 Dec 2018RentedRenewal
AED 100,000/yr12 months · AED 44 per sqft
1 Dec 2016RentedNew contract
AED 100,000/yr12 months · AED 44 per sqft
4 Oct 2015RentedNew contract
AED 180,000/yr12 months · AED 79 per sqft
13 May 2015RentedNew contract
AED 165,000/yr12 months · AED 72 per sqft
15 Jan 2012SoldReady
AED 1,350,000AED 589 per sqft

Source: Dubai Land Department. Updated 12 October 2020.

Key facts

Type
2-bed apartment
Size
2,290 sqft
Floor
4th of 6
Parking
123
Developer
Emaar
Completed
2006
Service charge
AED 42,800 /yr
Last sold
AED 1.48M · October 2020

About 427, Arno Riverside

427 is a two-bedroom apartment of 2,290 sqft on the 4th floor of Arno Riverside, a 6-storey tower in The Views completed in 2006 by Emaar. It last sold on 12 October 2020 for AED 1,475,000, or AED 644 per sqft, 13% below the AED 737 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 7 February 2020, is AED 110,000 a year: a gross yield of 7.5% on the 2020 price, before the service charge of about AED 42,800 a year.

Sales and rents for 427 over time

Sales
Unit 427, 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, March 2011: AED 1,408,888 (AED 615 per sqft)Sold, January 2012: AED 1,350,000 (AED 589 per sqft)Sold, October 2020: AED 1,475,000 (AED 644 per sqft)

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

Rents
Unit 427, 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, May 2015: AED 165,000 a yearNew contract, October 2015: AED 180,000 a yearNew contract, December 2016: AED 100,000 a yearRenewal, December 2018: AED 100,000 a yearNew contract, February 2019: AED 125,000 a yearNew contract, February 2020: AED 110,000 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 427 sits

All 86 2-beds →

427 last sold in October 2020 at AED 644 per sqft, 13% below what two-beds in Arno Riverside were fetching at the time (AED 737). 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. 427's AED 110,000 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 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

427, Arno Riverside in numbers

  • Sold 3 times: first on 13 March 2011 for AED 1,408,888, last on 12 October 2020 for AED 1,475,000 (AED 644 per sqft).
  • Rented since May 2015 on 6 Ejari contracts, from AED 165,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2020 price is 7.5%, before a service charge of about AED 42,800 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 12 October 2020.

Questions about 427, Arno Riverside

What did unit 427 last sell for?

AED 1,475,000 on 12 October 2020: AED 644 per sqft for 2,290 sqft. The unit has 3 registered sales; the first was AED 1,408,888 in March 2011.

What is the rent for unit 427?

AED 110,000 a year on the contract signed on 7 February 2020. The previous contract, from February 2019, was AED 125,000; the unit has been rented since May 2015.

How big is unit 427?

2,290 sqft (212.7 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2006.

What is unit 427 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 427, Arno Riverside

Starts from the last sale price (AED 1.48M, 12 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,000
Deposit, UAE resident (20%)
AED 295,000
Deposit, non-resident (40%)
AED 590,000
Monthly over 25 years at 3.7%
AED 6,035

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