Studio · 646 sqftAl Khail Heights 3A-3B, Al Quoz Fourth · 2nd floor · completed 2018

216, Al Khail Heights 3A-3B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 19 March 2024
Last soldAED 549K26 October 2015
Current rentAED 32K /yr19 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Al Khail Heights 3A-3B

What is 216 worth today?

Last sold for AED 549,422 in 2015

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19 Mar 2024RentedRenewal
AED 32,000/yr12 months · AED 50 per sqft
19 Mar 2023RentedRenewal
AED 28,000/yr12 months · AED 43 per sqft
19 Mar 2022RentedRenewal
AED 28,000/yr12 months · AED 43 per sqft
19 Mar 2021RentedNew contract
AED 28,000/yr12 months · AED 43 per sqft
21 Feb 2019RentedNew contract
AED 35,000/yr12 months · AED 54 per sqft
26 Oct 2015Sold by developerOff-plan
AED 549,422AED 850 per sqft

Source: Dubai Land Department. Updated 19 March 2024.

Key facts

Type
Studio apartment
Size
646 sqft
Floor
2nd of 4
Parking
G-714
Developer
Al Khail Heights
Completed
2018
Service charge
AED 6,800 /yr
Last sold
AED 549K · October 2015

About 216, Al Khail Heights 3A-3B

216 is a studio of 646 sqft on the 2nd floor of Al Khail Heights 3A-3B, a 4-storey tower in Al Quoz Fourth completed in 2018 by Al Khail Heights. The developer sold it on 26 October 2015 for AED 549,422, or AED 850 per sqft, 6% above the AED 799 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 19 March 2024, is AED 32,000 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 6,800 a year.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical studio in Al Khail Heights 3A-3B
400K600K2014201820222026Typical sale price by year: 2014 AED 490,300; 2015 AED 489,600; 2016 AED 497,151; 2017 AED 486,955; 2021 AED 350,000; 2022 AED 360,000; 2023 AED 417,500; 2024 AED 515,000; 2025 AED 630,000; 2026 AED 585,000Sold by developer, October 2015: AED 549,422 (AED 850 per sqft)

216 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 216, each contractTypical studio in Al Khail Heights 3A-3B
30K40K2018202120242027Typical rent by year: 2018 AED 35,000; 2019 AED 34,000; 2020 AED 30,500; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 34,750; 2024 AED 39,990; 2025 AED 43,000; 2026 AED 44,000New contract, February 2019: AED 35,000 a yearNew contract, March 2021: AED 28,000 a yearRenewal, March 2022: AED 28,000 a yearRenewal, March 2023: AED 28,000 a yearRenewal, March 2024: AED 32,000 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 3A-3B, and where 216 sits

All 82 studios →

216 last sold in October 2015 at AED 850 per sqft, 6% above what studios in Al Khail Heights 3A-3B were fetching at the time (AED 799). Over the last 12 months studios sold for AED 430,000 to 751,000, around AED 1,000 per sqft, and rent for AED 32,000 to 55,000 a year. 216's AED 32,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Sep 2026430,000
6 May 2026635,000
14 Apr 2026600,000
2 Feb 2026530,000
7 studio sales in the last 12 months

Al Khail Heights 3A-3B

Building

191 apartments, studios to 3-bed over 4 floors in Al Quoz Fourth, completed in 2018 by Al Khail Heights. 18 sold in the last 12 months.

Typical price per sqft
AED 863 Down 1.8%
Typical sale
AED 888K
Typical rent
AED 59K /yr
Typical yield
7.6%
Al Khail Heights 3A-3B, Al Quoz Fourth: prices, sales and rents →

Other units on the 2nd floor

All 191 units in Al Khail Heights 3A-3B
Value
201StudioAED 500K · Feb 2015
2021-bedAED 736K · Sep 2015
203StudioAED 508K · Dec 2014
2041-bedAED 708K · Dec 2014
205StudioAED 510K · Jan 2015
2061-bedAED 766K · Feb 2015
2073-bedAED 1.37M · Mar 2023
1–7 of 39

216, Al Khail Heights 3A-3B in numbers

  • Sold once: by Al Khail Heights on 26 October 2015 for AED 549,422, or AED 850 per sqft.
  • Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 35,000 to AED 28,000 in 2023 and recovered to AED 32,000 by March 2024.
  • At AED 32,000 a year the gross yield on the 2015 price is 5.8%, before a service charge of about AED 6,800 a year (AED 10.59 per sqft).
  • Studios in Al Khail Heights 3A-3B sold for AED 430,000–751,000 in the 12 months to November 2026; the building's median across all types is AED 863 per sqft.

Source: Dubai Land Department. Updated 19 March 2024.

Questions about 216, Al Khail Heights 3A-3B

What did unit 216 last sell for?

AED 549,422 on 26 October 2015, sold by the developer: AED 850 per sqft for 646 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 32,000 a year on the contract renewed on 19 March 2024. The previous contract, from March 2023, was AED 28,000; the unit has been rented since February 2019.

How big is unit 216?

646 sqft (60.0 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2018.

What is unit 216 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 3A-3B sold for AED 430,000 to 751,000 in the last 12 months, around AED 1,000 per sqft.

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Mortgage on 216, Al Khail Heights 3A-3B

Starts from the last sale price (AED 549K, 26 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 549,422
Deposit, UAE resident (20%)
AED 109,884
Deposit, non-resident (40%)
AED 219,769
Monthly over 25 years at 3.7%
AED 2,248

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