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

429, Al Khail Heights 2A-2B

Sold prices and rental history: sold once, by the developer in June 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 429 · DLD and Ejari recordsUpdated 15 November 2022
Last soldAED 325K20 June 2018
Current rentAED 65K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 429, Al Khail Heights 2A-2B

What is 429 worth today?

Last sold for AED 324,748 in 2018

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15 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 54 per sqft
25 Mar 2021RentedNew contract
AED 51,692/yr13 months · AED 43 per sqft
20 Jun 2018Sold by developerOff-plan · flagged as an outlier
AED 324,748AED 267 per sqft

Source: Dubai Land Department. Updated 15 November 2022.

Key facts

Type
2-bed apartment
Size
1,213 sqft
Floor
4th of 4
Parking
G-2348
Developer
Al Khail Heights
Completed
2018
Service charge
AED 14,000 /yr
Last sold
AED 325K · June 2018

About 429, Al Khail Heights 2A-2B

429 is a two-bedroom apartment of 1,213 sqft on the 4th floor of Al Khail Heights 2A-2B, 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 324,748, or AED 267 per sqft, 66% below the AED 792 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 15 November 2022, is AED 65,000 a year: a gross yield of 20.0% on the 2018 price, before the service charge of about AED 14,000 a year.

Sales and rents for 429 over time

Sales
Unit 429, each saleTypical two-bed in Al Khail Heights 2A-2B
1.2M2016201720182019Typical sale price by year: 2016 AED 1,079,721; 2018 AED 1,308,269

No registered sale of 429; 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 2A-2B
60K80K2018202120242027Typical rent by year: 2018 AED 77,000; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 55,000; 2022 AED 60,000; 2023 AED 69,000; 2024 AED 73,750; 2025 AED 78,220; 2026 AED 84,000New contract, March 2021: AED 51,692 a yearNew contract, November 2022: 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 2A-2B, and where 429 sits

All 25 2-beds →

429 last sold in June 2018 at AED 267 per sqft, 66% below what two-beds in Al Khail Heights 2A-2B were fetching at the time (AED 792). 429's AED 65,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Apr 2025914,425
5 Jun 20241,430,000
2 Feb 20241,100,000
6 Jan 2022950,000
0 2-bed 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 4th floor

All 191 units in Al Khail Heights 2A-2B
Value
4012-bedAED 1.1M · Feb 2024
4022-bedAED 1.03M · Dec 2014
403StudioAED 385K · Jun 2026
4041-bedAED 900K · May 2026
4052-bedAED 1.06M · Jul 2015
406StudioAED 178K · Jun 2018
4071-bedAED 791K · Jan 2015
1–7 of 36

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

  • Sold once: by Al Khail Heights on 20 June 2018 for AED 324,748, or AED 267 per sqft.
  • Rented since March 2021 on 2 Ejari contracts, from AED 51,692 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2018 price is 20.0%, before a service charge of about AED 14,000 a year (AED 11.58 per sqft).

Source: Dubai Land Department. Updated 15 November 2022.

Questions about 429, Al Khail Heights 2A-2B

What did unit 429 last sell for?

AED 324,748 on 20 June 2018, sold by the developer: AED 267 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 15 November 2022. The previous contract, from March 2021, was AED 51,692.

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.

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Mortgage on 429, Al Khail Heights 2A-2B

Starts from the last sale price (AED 325K, 20 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 324,748
Deposit, UAE resident (20%)
AED 64,950
Deposit, non-resident (40%)
AED 129,899
Monthly over 25 years at 3.7%
AED 1,329

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