Studio · 664 sqftAl Khail Heights 1A-1B, Al Quoz Fourth · 4th floor · completed 2018

406, Al Khail Heights 1A-1B

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 20 April 2022
Last soldAED 178K20 June 2018
Current rentAED 30K /yr20 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Al Khail Heights 1A-1B

What is 406 worth today?

Last sold for AED 177,706 in 2018

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20 Apr 2022RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
1 Oct 2021RentedRenewal
AED 24,000/yr12 months · AED 36 per sqft
1 Oct 2020RentedNew contract
AED 24,000/yr12 months · AED 36 per sqft
19 Dec 2019RentedNew contract
AED 38,635/yr11 months · AED 58 per sqft
15 Nov 2019RentedNew contract
AED 35,000/yr12 months · AED 52 per sqft
20 Jun 2018Sold by developerOff-plan · flagged as an outlier
AED 177,706AED 282 per sqft

Source: Dubai Land Department. Updated 20 April 2022.

Key facts

Type
Studio apartment
Size
664 sqft
Floor
4th of 4
Parking
G-402
Developer
Al Khail Heights
Completed
2018
Service charge
AED 7,100 /yr
Last sold
AED 178K · June 2018

About 406, Al Khail Heights 1A-1B

406 is a studio of 664 sqft on the 4th 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 20 June 2018 for AED 177,706, or AED 282 per sqft, 65% below the AED 806 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 20 April 2022, is AED 30,000 a year: a gross yield of 16.9% on the 2018 price, before the service charge of about AED 7,100 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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 590,000

No registered sale of 406; the dashed line is the studio median of each year in the building.

Rents
Unit 406, each contractTypical studio in Al Khail Heights 1A-1B
20K40K2018202120242027Typical 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 2019: AED 35,000 a yearNew contract, December 2019: AED 38,635 a yearNew contract, October 2020: AED 24,000 a yearRenewal, October 2021: AED 24,000 a yearNew contract, April 2022: 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 406 sits

All 82 studios →

406 last sold in June 2018 at AED 282 per sqft, 65% below what studios in Al Khail Heights 1A-1B were fetching at the time (AED 806). 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. 406's AED 30,000 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 4th floor

All 191 units in Al Khail Heights 1A-1B
Value
4012-bedAED 1.08M · Feb 2015
4022-bedAED 1.03M · Jan 2015
403StudioAED 351K · Feb 2015
4041-bedAED 530K · Sep 2019
4052-bedAED 1.5M · Nov 2025
4071-bedAED 600K · Nov 2022
4081-bedAED 744K · Jun 2015
1–7 of 36

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

  • Sold once: by Al Khail Heights on 20 June 2018 for AED 177,706, or AED 282 per sqft.
  • Rented since November 2019 on 5 Ejari contracts. The rent fell from AED 35,000 to AED 24,000 in 2021 and recovered to AED 30,000 by April 2022.
  • At AED 30,000 a year the gross yield on the 2018 price is 16.9%, before a service charge of about AED 7,100 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 20 April 2022.

Questions about 406, Al Khail Heights 1A-1B

What did unit 406 last sell for?

AED 177,706 on 20 June 2018, sold by the developer: AED 282 per sqft for 664 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 30,000 a year on the contract signed on 20 April 2022. The previous contract, from October 2021, was AED 24,000; the unit has been rented since November 2019.

How big is unit 406?

664 sqft (61.7 sqm): a studio on the 4th floor of a 4-storey tower completed in 2018.

What is unit 406 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 406, Al Khail Heights 1A-1B

Starts from the last sale price (AED 178K, 20 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 177,706
Deposit, UAE resident (20%)
AED 35,541
Deposit, non-resident (40%)
AED 71,082
Monthly over 25 years at 3.7%
AED 727

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