What does a studio cost here?
AED 638k
Based on 12 off-plan sales in the last 12 months. Only 6 resales, so there is no resale range.
City of Arabia · Ready and off-plan · 46% of recent sales are 2-bedrooms
2-bedrooms resell for about AED 2M and rent for AED 95k a year.
At a glance
From 13 resales in the last 12 months.
From 14 new leases in the last 3 months.
Less than 2-bedrooms across City of Arabia, at 5.7%.
What brings you here?
AED 638k
Based on 12 off-plan sales in the last 12 months. Only 6 resales, so there is no resale range.
AED 50k a year
Based on 18 new leases here in the last 3 months.
Based on the typical off-plan studio here at AED 638k, and renting a studio here for AED 50k a year.
From handover, the mortgage is AED 1,332 a month less than renting.
Before service charges and any change in price.
AED 258k
Rent until handover adds AED 100,000: AED 257,585 with it, AED 157,585 without.
Over 5 years from handover, buying costs about AED 138k in fees and interest. Renting costs about AED 250k.
The monthly figure starts at handover. Most payment plans ask for more than 20% before handover. Set the down payment to match yours.
Fees: DLD registration (Oqood) 4% plus admin; mortgage registration 0.25% of the loan plus AED 290; bank valuation about AED 3,000. Developers usually pay the agent's commission and may charge an admin fee. Buying from another owner, not the developer? Agency and trustee fees apply. Lending limits differ for an apartment still being built. Ask your bank.
Not enough deals yet
15 sold here in the last year, split between resales and off-plan sales, too few of either for a fair range. Across City of Arabia, a 1-bedroom resells for about AED 727k.
AED 69k a year
Based on 30 new leases here in the last 3 months.
AED 2M
That's the typical price. 8 of the 13 2-bedrooms resold here in the last year went for AED 1.64M to AED 2.01M. Got an asking price? Enter it below to see how it compares.
Each dot is a real sale here in the last 12 months.
AED 1.64M
6 of the 13 2-bedrooms resold here in the last year went for this or less. Start here and leave room to move.
Based on the typical 2-bedroom here at AED 2M, and renting a 2-bedroom here for AED 95k a year.
The mortgage is AED 976 a month more than renting.
Before service charges and any change in price.
AED 534k
Over 5 years, buying costs about AED 473k in fees and interest. Renting costs about AED 475k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
4.8%
A year's rent, about AED 95k, as a share of the price, before service charges. 2-bedrooms across City of Arabia earn 5.7%.
1 a month
That's how often a 2-bedroom resells here.
No clear move
Only 27 resales in the building in the last 3 months, too few to call a direction.
Each dot is a 2-bedroom sale here. The line is the going rate: every extra sq ft adds about AED 1,235. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 50k a year
That's the typical new studio rent here. Of the 18 new leases in the last 3 months, 13 signed for AED 48k to AED 52k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
1 a week
That's how often a new studio lease is signed here, from 18 new leases in the last 3 months.
AED 69k a year
That's the typical new 1-bedroom rent here. Of the 30 new leases in the last 3 months, 20 signed for AED 65k to AED 70k. Enter your quote to check it.
Each dot is about 2 real new leases here in the last 3 months.
2 a week
That's how often a new 1-bedroom lease is signed here, from 30 new leases in the last 3 months.
AED 95k a year
That's the typical new 2-bedroom rent here. Of the 14 new leases in the last 3 months, 12 signed for AED 93k to AED 100k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
No clear move
Only 14 new 2-bedroom leases in the last 3 months, too few to call a direction.
1 a week
That's how often a new 2-bedroom lease is signed here, from 14 new leases in the last 3 months.
21 years
of rent at AED 95k equals the typical 2-bedroom price, AED 2M, before fees and service charges.
You'd pay about AED 95k a year to rent a 2-bedroom here. Here's what owning a 2-bedroom here would cost each month, and the cash you'd need first.
AED 534kthen AED 8,893 a month
Owning would cost you AED 976 a month more than renting, before service charges, once you've put down AED 534k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
AED 638k
Based on 12 off-plan sales in the last 12 months. Only 6 resales, so there is no resale range.
AED 50k a year
Based on 18 new leases here in the last 3 months.
Not enough deals yet
15 sold here in the last year, split between resales and off-plan sales, too few of either for a fair range. Across City of Arabia, a 1-bedroom resells for about AED 727k.
AED 69k a year
Based on 30 new leases here in the last 3 months.
Move the slider to your size.
AED 2M
Apartments this size here usually sell for AED 1.72M to AED 2.08M.
AED 95k
That's the typical new 2-bedroom rent here. Ask more if yours is high up or upgraded.
Start from the typical 2-bedroom price here, AED 2M. Enter what's left on your mortgage to see what reaches your account.
AED 2M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 27 resales in the building in the last 3 months, too few to call a direction.
1 a month
2-bedrooms resell here at about this pace. The latest 3:
4.8%
That's a year's rent against today's price, before costs. 2-bedrooms across City of Arabia earn 5.7%.
AED 1,191
per sq ft across 27 resales in the building in the last 3 months.
Here are other buildings nearby and what a studio costs off-plan in each.
Quick answers, from the same deals as the rest of this page.
About AED 2M on resale; 8 of 13 sold for AED 1.64M to AED 2.01M.
About AED 95k a year on a new lease.
About 4.8% gross on a 2-bedroom, before service charges.