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2-bed · 1,966 sqftAl Khail Heights 1A-1B, Al Quoz Fourth · Ground floor · completed 2018

G23, Al Khail Heights 1A-1B

Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G23 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 522K26 November 2019
Current rentAED 70K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G23, Al Khail Heights 1A-1B

What is G23 worth today?

Last sold for AED 522,131 in 2019

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1 Nov 2020RentedNew contract
AED 70,000/yr24 months · AED 36 per sqft
26 Nov 2019Sold by developerReady · flagged as an outlier
AED 522,131AED 265 per sqft

Source: Dubai Land Department. Updated 1 November 2020.

Key facts

Type
2-bed apartment
Size
1,966 sqft
Floor
Ground of 4
Parking
G-259
Developer
Al Khail Heights
Completed
2018
Service charge
AED 21,100 /yr
Last sold
AED 522K · November 2019
Building
Al Khail Heights 1A-1B

About G23, Al Khail Heights 1A-1B

G23 is a two-bedroom apartment of 1,966 sqft on the ground 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 26 November 2019 for AED 522,131, or AED 265 per sqft, 16% below the AED 317 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 70,000 a year: a gross yield of 13.4% on the 2019 price, before the service charge of about AED 21,100 a year.

Sales and rents for G23 over time

Sales
Unit G23, 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 471,100

No registered sale of G23; the dashed line is the two-bed median of each year in the building.

Rents
Unit G23, 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 70,000 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 G23 sits

All 25 2-beds →

G23 last sold in November 2019 at AED 265 per sqft, 16% below what two-beds in Al Khail Heights 1A-1B were fetching at the time (AED 317). 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. G23's AED 70,000 is in the lower half 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 ground floor

All 191 units in Al Khail Heights 1A-1B
Value
G01StudioAED 461K · Aug 2016
G021-bedAED 780K · Feb 2015
G03StudioAED 385K · May 2019
G041-bedAED 741K · Jan 2015
G053-bedAED 1.53M · Jan 2015
G06StudioAED 375K · Mar 2021
G071-bedAED 635K · Jul 2021
1–7 of 32

G23, Al Khail Heights 1A-1B in numbers

  • Sold once: by Al Khail Heights on 26 November 2019 for AED 522,131, or AED 265 per sqft.
  • Rented since November 2020 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2019 price is 13.4%, before a service charge of about AED 21,100 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 G23, Al Khail Heights 1A-1B

What did unit G23 last sell for?

AED 522,131 on 26 November 2019, sold by the developer: AED 265 per sqft for 1,966 sqft. It is the only registered sale of the unit.

What is the rent for unit G23?

AED 70,000 a year on the contract signed on 1 November 2020.

How big is unit G23?

1,966 sqft (182.6 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2018.

What is unit G23 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 G23, Al Khail Heights 1A-1B

Starts from the last sale price (AED 522K, 26 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 522,131
Deposit, UAE resident (20%)
AED 104,426
Deposit, non-resident (40%)
AED 208,852
Monthly over 25 years at 3.7%
AED 2,136

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