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Studio · 680 sqftAl Khail Heights 1A-1B, Al Quoz Fourth · 2nd floor · completed 2018

237, Al Khail Heights 1A-1B

Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 237 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 241K24 February 2020
Current rentAED 32K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 237, Al Khail Heights 1A-1B

What is 237 worth today?

Last sold for AED 240,746 in 2020

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1 Nov 2020RentedNew contract
AED 32,000/yr24 months · AED 47 per sqft
24 Feb 2020Sold by developerReady
AED 240,746AED 354 per sqft

Source: Dubai Land Department. Updated 1 November 2020.

Key facts

Type
Studio apartment
Size
680 sqft
Floor
2nd of 4
Parking
G-351
Developer
Al Khail Heights
Completed
2018
Service charge
AED 7,300 /yr
Last sold
AED 241K · February 2020
Building
Al Khail Heights 1A-1B

About 237, Al Khail Heights 1A-1B

237 is a studio of 680 sqft on the 2nd floor of Al Khail Heights 1A-1B, a 4-storey tower in Al Quoz Fourth completed in 2018 by Al Khail Heights. The developer sold it on 24 February 2020 for AED 240,746, or AED 354 per sqft, in line with the AED 354 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2020. The current contract, signed on 1 November 2020, is AED 32,000 a year: a gross yield of 13.3% on the 2020 price, before the service charge of about AED 7,300 a year.

Sales and rents for 237 over time

Sales
Unit 237, each saleTypical studio in Al Khail Heights 1A-1B
200K400K600K20142017202020232026Typical sale price by year: 2014 AED 490,300; 2015 AED 505,100; 2016 AED 460,950; 2017 AED 525,000; 2019 AED 244,158; 2020 AED 204,403; 2021 AED 355,663; 2023 AED 430,000; 2024 AED 472,500; 2025 AED 590,000Sold by developer, February 2020: AED 240,746 (AED 354 per sqft)

237 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 237, each contractTypical studio in Al Khail Heights 1A-1B
30K40K50K2018202120242027Typical rent by year: 2018 AED 35,500; 2019 AED 36,000; 2020 AED 32,000; 2021 AED 28,500; 2022 AED 30,802; 2023 AED 34,500; 2024 AED 42,000; 2025 AED 46,000; 2026 AED 49,000New contract, November 2020: AED 32,000 a year

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

Studios in Al Khail Heights 1A-1B, and where 237 sits

All 82 studios →

237 last sold in February 2020 at AED 354 per sqft, in line with what studios in Al Khail Heights 1A-1B were fetching at the time (AED 354). Over the last 12 months studios sold for AED 625,000 to 635,000, around AED 1,001 per sqft, and rent for AED 35,000 to 75,600 a year. 237's AED 32,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Aug 2026625,000
23 Mar 2026635,000
9 Jul 2025590,000
16 Jun 2025610,000
2 studio sales in the last 12 months

Al Khail Heights 1A-1B

Building

191 apartments, studios to 3-bed over 4 floors in Al Quoz Fourth, completed in 2018 by Al Khail Heights. 5 sold in the last 12 months.

Typical price per sqft
AED 950
Typical sale
AED 850K
Typical rent
AED 65K /yr
Typical yield
7.8%
Al Khail Heights 1A-1B, Al Quoz Fourth: prices, sales and rents →

Other units on the 2nd floor

All 191 units in Al Khail Heights 1A-1B
Value
201StudioAED 465K · Feb 2024
2021-bedAED 736K · Dec 2014
203StudioAED 508K · Jun 2015
2041-bedAED 600K · May 2023
205StudioAED 450K · Jan 2024
2061-bedAED 766K · Apr 2015
2073-bedAED 1.51M · Oct 2015
1–7 of 39

237, Al Khail Heights 1A-1B in numbers

  • Sold once: by Al Khail Heights on 24 February 2020 for AED 240,746, or AED 354 per sqft.
  • Rented since November 2020 on one Ejari contract, at AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2020 price is 13.3%, before a service charge of about AED 7,300 a year (AED 10.71 per sqft).
  • Studios in Al Khail Heights 1A-1B sold for AED 625,000–635,000 in the 12 months to November 2026; the building's median across all types is AED 950 per sqft.

Source: Dubai Land Department. Updated 1 November 2020.

Questions about 237, Al Khail Heights 1A-1B

What did unit 237 last sell for?

AED 240,746 on 24 February 2020, sold by the developer: AED 354 per sqft for 680 sqft. It is the only registered sale of the unit.

What is the rent for unit 237?

AED 32,000 a year on the contract signed on 1 November 2020.

How big is unit 237?

680 sqft (63.2 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2018.

What is unit 237 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Khail Heights 1A-1B sold for AED 625,000 to 635,000 in the last 12 months, around AED 1,001 per sqft.

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Mortgage on 237, Al Khail Heights 1A-1B

Starts from the last sale price (AED 241K, 24 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 240,746
Deposit, UAE resident (20%)
AED 48,149
Deposit, non-resident (40%)
AED 96,298
Monthly over 25 years at 3.7%
AED 985

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