Studio · 573 sqftAl Khail Heights 2A-2B, Al Quoz Fourth · 3rd floor · completed 2018

338, Al Khail Heights 2A-2B

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 338 · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 335K7 November 2021
Current rentAED 48K /yr3 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 338, Al Khail Heights 2A-2B

What is 338 worth today?

Last sold for AED 335,000 in 2021

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3 Jun 2024RentedNew contract
AED 48,000/yr12 months · AED 84 per sqft
1 Jun 2023RentedRenewal
AED 27,000/yr12 months · AED 47 per sqft
18 May 2022RentedNew contract
AED 26,021/yr12 months · AED 45 per sqft
7 Nov 2021SoldReady
AED 335,000AED 584 per sqft
7 Mar 2021RentedNew contract
AED 29,100/yr12 months · AED 51 per sqft
1 Mar 2020RentedNew contract
AED 33,000/yr12 months · AED 58 per sqft
5 Feb 2019RentedNew contract
AED 33,000/yr12 months · AED 58 per sqft
15 Jan 2019RentedNew contract
AED 33,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 3 June 2024.

Key facts

Type
Studio apartment
Size
573 sqft
Floor
3rd of 4
Parking
G-589
Developer
Al Khail Heights
Completed
2018
Service charge
AED 6,600 /yr
Last sold
AED 335K · November 2021

About 338, Al Khail Heights 2A-2B

338 is a studio of 573 sqft on the 3rd floor of Al Khail Heights 2A-2B, a 4-storey tower in Al Quoz Fourth completed in 2018 by Al Khail Heights. It last sold on 7 November 2021 for AED 335,000, or AED 584 per sqft, 4% above the AED 561 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 3 June 2024, is AED 48,000 a year: a gross yield of 14.3% on the 2021 price, before the service charge of about AED 6,600 a year.

Sales and rents for 338 over time

Sales
Unit 338, each saleTypical studio in Al Khail Heights 2A-2B
400K600K2014201820222026Typical sale price by year: 2014 AED 521,400; 2015 AED 500,132; 2016 AED 473,340; 2017 AED 482,200; 2018 AED 450,000; 2019 AED 350,000; 2020 AED 290,000; 2021 AED 332,500; 2022 AED 360,000; 2023 AED 415,000; 2024 AED 480,000; 2025 AED 540,000; 2026 AED 503,314Sold by developer, June 2016: AED 564,584 (AED 985 per sqft)Sold, November 2021: AED 335,000 (AED 584 per sqft)

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

Rents
Unit 338, each contractTypical studio in Al Khail Heights 2A-2B
30K40K50K2018202120242027Typical rent by year: 2018 AED 35,000; 2019 AED 35,000; 2020 AED 32,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 35,901; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 47,000New contract, January 2019: AED 33,000 a yearNew contract, February 2019: AED 33,000 a yearNew contract, March 2020: AED 33,000 a yearNew contract, March 2021: AED 29,100 a yearNew contract, May 2022: AED 26,021 a yearRenewal, June 2023: AED 27,000 a yearNew contract, June 2024: AED 48,000 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 2A-2B, and where 338 sits

All 82 studios →

338 last sold in November 2021 at AED 584 per sqft, 4% above what studios in Al Khail Heights 2A-2B were fetching at the time (AED 561). Over the last 12 months studios sold for AED 385,000 to 635,000, around AED 997 per sqft, and rent for AED 35,000 to 69,300 a year. 338's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Sep 2026481,627
2 Sep 2026620,000
22 Jun 2026385,000
22 Feb 2026525,000
5 studio sales in the last 12 months

Al Khail Heights 2A-2B

Building

191 apartments, studios to 3-bed over 4 floors in Al Quoz Fourth, completed in 2018 by Al Khail Heights. 11 sold in the last 12 months.

Typical price per sqft
AED 866 Up 11.9%
Typical sale
AED 820K
Typical rent
AED 55K /yr
Typical yield
7.8%
Al Khail Heights 2A-2B, Al Quoz Fourth: prices, sales and rents →

Other units on the 3rd floor

All 191 units in Al Khail Heights 2A-2B
Value
301StudioAED 480K · May 2024
3021-bedAED 490K · Feb 2020
303StudioAED 502K · Mar 2016
3041-bedAED 600K · Feb 2021
305StudioAED 442K · Feb 2016
3061-bedAED 470K · Apr 2020
3072-bedAED 1.14M · Dec 2014
1–7 of 40

338, Al Khail Heights 2A-2B in numbers

  • Sold twice: first on 7 June 2016 for AED 564,584, last on 7 November 2021 for AED 335,000 (AED 584 per sqft).
  • Rented since January 2019 on 7 Ejari contracts. The rent fell from AED 33,000 to AED 26,021 in 2022 and recovered to AED 48,000 by June 2024.
  • At AED 48,000 a year the gross yield on the 2021 price is 14.3%, before a service charge of about AED 6,600 a year (AED 11.58 per sqft).
  • Studios in Al Khail Heights 2A-2B sold for AED 385,000–635,000 in the 12 months to November 2026; the building's median across all types is AED 866 per sqft.

Source: Dubai Land Department. Updated 3 June 2024.

Questions about 338, Al Khail Heights 2A-2B

What did unit 338 last sell for?

AED 335,000 on 7 November 2021: AED 584 per sqft for 573 sqft. The unit has 2 registered sales; the first was AED 564,584 in June 2016.

What is the rent for unit 338?

AED 48,000 a year on the contract signed on 3 June 2024. The previous contract, from June 2023, was AED 27,000; the unit has been rented since January 2019.

How big is unit 338?

573 sqft (53.2 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2018.

What is unit 338 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 2A-2B sold for AED 385,000 to 635,000 in the last 12 months, around AED 997 per sqft.

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Mortgage on 338, Al Khail Heights 2A-2B

Starts from the last sale price (AED 335K, 7 November 2021). 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 →