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2-bed · 1,213 sqftAl Khail Heights 1A-1B, Al Quoz Fourth · 4th floor · completed 2018

429, 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 429 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 430K24 February 2020
Current rentAED 65K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 429, Al Khail Heights 1A-1B

What is 429 worth today?

Last sold for AED 429,705 in 2020

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1 Nov 2020RentedNew contract
AED 65,000/yr24 months · AED 54 per sqft
24 Feb 2020Sold by developerReady
AED 429,705AED 354 per sqft

Source: Dubai Land Department. Updated 1 November 2020.

Key facts

Type
2-bed apartment
Size
1,213 sqft
Floor
4th of 4
Parking
G-425
Developer
Al Khail Heights
Completed
2018
Service charge
AED 13,000 /yr
Last sold
AED 430K · February 2020
Building
Al Khail Heights 1A-1B

About 429, Al Khail Heights 1A-1B

429 is a two-bedroom apartment of 1,213 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 24 February 2020 for AED 429,705, or AED 354 per sqft, in line with the AED 354 two-beds 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 65,000 a year: a gross yield of 15.1% on the 2020 price, before the service charge of about AED 13,000 a year.

Sales and rents for 429 over time

Sales
Unit 429, each saleTypical two-bed in Al Khail Heights 1A-1B
500K1M2015201720192021Typical sale price by year: 2015 AED 1,063,300; 2019 AED 504,021; 2020 AED 471,100Sold by developer, February 2020: AED 429,705 (AED 354 per sqft)

429 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 429, each contractTypical two-bed in Al Khail Heights 1A-1B
50K100K150K20192021202320252027Typical rent by year: 2019 AED 64,913; 2020 AED 65,000; 2021 AED 56,500; 2022 AED 62,567; 2023 AED 79,500; 2024 AED 73,500; 2025 AED 83,235; 2026 AED 160,000New contract, November 2020: AED 65,000 a year

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

2-beds in Al Khail Heights 1A-1B, and where 429 sits

All 25 2-beds →

429 last sold in February 2020 at AED 354 per sqft, in line with what two-beds in Al Khail Heights 1A-1B were fetching at the time (AED 354). Over the last 12 months two-beds sold for AED 1,500,000, around AED 1,084 per sqft, and rent for AED 65,000 to 160,000 a year. 429's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Nov 20251,500,000
5 Feb 20251,350,000
3 Oct 20241,250,000
11 Jan 2023950,000
1 2-bed sale 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
406StudioAED 178K · Jun 2018
4071-bedAED 600K · Nov 2022
1–7 of 36

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

  • Sold once: by Al Khail Heights on 24 February 2020 for AED 429,705, or AED 354 per sqft.
  • Rented since November 2020 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2020 price is 15.1%, before a service charge of about AED 13,000 a year (AED 10.71 per sqft).
  • Two-beds in Al Khail Heights 1A-1B sold for AED 1,500,000–1,500,000 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 429, Al Khail Heights 1A-1B

What did unit 429 last sell for?

AED 429,705 on 24 February 2020, sold by the developer: AED 354 per sqft for 1,213 sqft. It is the only registered sale of the unit.

What is the rent for unit 429?

AED 65,000 a year on the contract signed on 1 November 2020.

How big is unit 429?

1,213 sqft (112.7 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2018.

What is unit 429 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Khail Heights 1A-1B sold for AED 1,500,000 to 1,500,000 in the last 12 months, around AED 1,084 per sqft.

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Mortgage on 429, Al Khail Heights 1A-1B

Starts from the last sale price (AED 430K, 24 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 429,705
Deposit, UAE resident (20%)
AED 85,941
Deposit, non-resident (40%)
AED 171,882
Monthly over 25 years at 3.7%
AED 1,758

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