Studio · 593 sqftArno Riverside, The Views · 6th floor · completed 2006

604, Arno Riverside

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 28 May 2024
Last soldAED 771K28 May 2024
Current rentAED 63K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Arno Riverside

What is 604 worth today?

Last sold for AED 771,000 in 2024

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28 May 2024SoldReady
AED 771,000AED 1,300 per sqft
1 Feb 2024RentedRenewal
AED 63,000/yr12 months · AED 106 per sqft
1 Feb 2023RentedNew contract
AED 63,000/yr12 months · AED 106 per sqft
10 Jan 2022RentedNew contract
AED 37,500/yr12 months · AED 63 per sqft
10 Jan 2021RentedNew contract
AED 34,000/yr12 months · AED 57 per sqft
20 Mar 2019RentedNew contract
AED 45,000/yr12 months · AED 76 per sqft
15 Oct 2017RentedNew contract
AED 70,000/yr12 months · AED 118 per sqft
16 Aug 2014RentedNew contract
AED 55,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 28 May 2024.

Key facts

Type
Studio apartment
Size
593 sqft
Floor
6th of 6
Parking
148
Developer
Emaar
Completed
2006
Service charge
AED 11,100 /yr
Last sold
AED 771K · May 2024

About 604, Arno Riverside

604 is a studio of 593 sqft on the 6th floor of Arno Riverside, a 6-storey tower in The Views completed in 2006 by Emaar. It last sold on 28 May 2024 for AED 771,000, or AED 1,300 per sqft, 13% below the AED 1,492 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 63,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 11,100 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical studio in Arno Riverside
500K1M2008201320182023Typical sale price by year: 2008 AED 859,750; 2009 AED 620,655; 2010 AED 438,888; 2011 AED 485,444; 2024 AED 945,000Sold by developer, July 2010: AED 264,944 (AED 446 per sqft)Sold, May 2024: AED 771,000 (AED 1,300 per sqft)

604 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 604, each contractTypical studio in Arno Riverside
50K75K2013201720212025Typical rent by year: 2013 AED 55,000; 2014 AED 68,000; 2015 AED 78,500; 2016 AED 76,000; 2017 AED 70,000; 2018 AED 62,500; 2019 AED 55,000; 2020 AED 40,000; 2021 AED 39,425; 2022 AED 47,000; 2023 AED 61,500; 2024 AED 65,000; 2025 AED 70,000; 2026 AED 65,500New contract, August 2013: AED 55,000 a yearNew contract, August 2014: AED 55,000 a yearNew contract, October 2017: AED 70,000 a yearNew contract, March 2019: AED 45,000 a yearNew contract, January 2021: AED 34,000 a yearNew contract, January 2022: AED 37,500 a yearNew contract, February 2023: AED 63,000 a yearRenewal, February 2024: AED 63,000 a year

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

Studios in Arno Riverside, and where 604 sits

All 14 studios →

604 last sold in May 2024 at AED 1,300 per sqft, 13% below what studios in Arno Riverside were fetching at the time (AED 1,492). 604's AED 63,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 May 20251,050,000
9 Sep 20241,015,000
20 May 2024945,000
22 Jun 2023885,000
0 studio 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 6th floor

All 177 units in Arno Riverside
Value
6011-bedAED 1.41M · Oct 2023
602StudioAED 885K · Jun 2023
6051-bedAED 665K · Feb 2011
6061-bedAED 749K · Jul 2010
6162-bedAED 600K · Dec 2011
6172-bedAED 1.75M · May 2015
6181-bedAED 750K · Jan 2015
1–7 of 13

604, Arno Riverside in numbers

  • Sold twice: first on 12 July 2010 for AED 264,944, last on 28 May 2024 for AED 771,000 (AED 1,300 per sqft).
  • Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 34,000 in 2021 and recovered to AED 63,000 by February 2024.
  • At AED 63,000 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 11,100 a year (AED 18.70 per sqft).

Source: Dubai Land Department. Updated 28 May 2024.

Questions about 604, Arno Riverside

What did unit 604 last sell for?

AED 771,000 on 28 May 2024: AED 1,300 per sqft for 593 sqft. The unit has 2 registered sales; the first was AED 264,944 in July 2010.

What is the rent for unit 604?

AED 63,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 63,000; the unit has been rented since August 2013.

How big is unit 604?

593 sqft (55.1 sqm): a studio on the 6th floor of a 6-storey tower completed in 2006.

What is unit 604 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 604, Arno Riverside

Starts from the last sale price (AED 771K, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 771,000
Deposit, UAE resident (20%)
AED 154,200
Deposit, non-resident (40%)
AED 308,400
Monthly over 25 years at 3.7%
AED 3,154

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