Studio · 571 sqftAl Khail Heights 1A-1B, Al Quoz Fourth · 3rd floor · completed 2018

316, Al Khail Heights 1A-1B

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

Unit 316 · DLD and Ejari recordsUpdated 15 July 2022
Last soldAED 335K21 July 2019
Current rentAED 5K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Al Khail Heights 1A-1B

What is 316 worth today?

Last sold for AED 335,000 in 2019

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15 Jul 2022RentedNew contract · flagged as an outlier
AED 4,993/yr24 months · AED 9 per sqft
21 Jul 2019SoldReady
AED 335,000AED 586 per sqft
1 Feb 2019RentedNew contract
AED 30,000/yr12 months · AED 53 per sqft
12 May 2015Sold by developerOff-plan
AED 463,600AED 812 per sqft

Source: Dubai Land Department. Updated 15 July 2022.

Key facts

Type
Studio apartment
Size
571 sqft
Floor
3rd of 4
Parking
G-371
Developer
Al Khail Heights
Completed
2018
Service charge
AED 6,100 /yr
Last sold
AED 335K · July 2019

About 316, Al Khail Heights 1A-1B

316 is a studio of 571 sqft on the 3rd floor of Al Khail Heights 1A-1B, a 4-storey tower in Al Quoz Fourth completed in 2018 by Al Khail Heights. It last sold on 21 July 2019 for AED 335,000, or AED 586 per sqft, in line with the AED 604 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 July 2022, is AED 4,993 a year: a gross yield of 1.5% on the 2019 price, before the service charge of about AED 6,100 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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, May 2015: AED 463,600 (AED 812 per sqft)Sold, July 2019: AED 335,000 (AED 586 per sqft)

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

Rents
Unit 316, 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, February 2019: AED 30,000 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 316 sits

All 82 studios →

316 last sold in July 2019 at AED 586 per sqft, in line with what studios in Al Khail Heights 1A-1B were fetching at the time (AED 604). 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. 316's AED 4,993 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 3rd floor

All 191 units in Al Khail Heights 1A-1B
Value
301StudioAED 445K · Jul 2018
3021-bedAED 778K · Jul 2015
303StudioAED 310K · Sep 2021
3041-bedAED 759K · Oct 2015
305StudioAED 435K · May 2024
3061-bedAED 550K · Dec 2022
3072-bedAED 1.14M · Apr 2015
1–7 of 40

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

  • Sold twice: first on 12 May 2015 for AED 463,600, last on 21 July 2019 for AED 335,000 (AED 586 per sqft).
  • Rented since February 2019 on 2 Ejari contracts, from AED 30,000 to AED 4,993 a year.
  • At AED 4,993 a year the gross yield on the 2019 price is 1.5%, before a service charge of about AED 6,100 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 15 July 2022.

Questions about 316, Al Khail Heights 1A-1B

What did unit 316 last sell for?

AED 335,000 on 21 July 2019: AED 586 per sqft for 571 sqft. The unit has 2 registered sales; the first was AED 463,600 in May 2015.

What is the rent for unit 316?

AED 4,993 a year on the contract signed on 15 July 2022. The previous contract, from February 2019, was AED 30,000.

How big is unit 316?

571 sqft (53.0 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2018.

What is unit 316 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 316, Al Khail Heights 1A-1B

Starts from the last sale price (AED 335K, 21 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 335,000
Deposit, UAE resident (20%)
AED 67,000
Deposit, non-resident (40%)
AED 134,000
Monthly over 25 years at 3.7%
AED 1,371

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