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2-bed · 1,745 sqftAl Khail Heights 3A-3B, Al Quoz Fourth · 2nd floor · completed 2018

232, Al Khail Heights 3A-3B

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

Unit 232 · DLD and Ejari recordsUpdated 3 May 2021
Last soldAED 450K3 May 2021
Current rentAED 63K /yr27 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 232, Al Khail Heights 3A-3B

What is 232 worth today?

Last sold for AED 450,000 in 2021

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3 May 2021SoldReady · flagged as an outlier
AED 450,000AED 257 per sqft
27 Oct 2020RentedNew contract
AED 63,000/yr12 months · AED 36 per sqft
23 Oct 2019RentedRenewal
AED 75,000/yr12 months · AED 43 per sqft
23 Oct 2018RentedNew contract
AED 80,000/yr12 months · AED 46 per sqft
14 Apr 2016Sold by developerOff-plan
AED 1,194,500AED 684 per sqft

Source: Dubai Land Department. Updated 3 May 2021.

Key facts

Type
2-bed apartment
Size
1,745 sqft
Floor
2nd of 4
Parking
G-730
Developer
Al Khail Heights
Completed
2018
Service charge
AED 18,500 /yr
Last sold
AED 450K · May 2021
Building
Al Khail Heights 3A-3B

About 232, Al Khail Heights 3A-3B

232 is a two-bedroom apartment of 1,745 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. It last sold on 3 May 2021 for AED 450,000, or AED 257 per sqft, 48% below the AED 499 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 27 October 2020, is AED 63,000 a year: a gross yield of 14.0% on the 2021 price, before the service charge of about AED 18,500 a year.

Sales and rents for 232 over time

Sales
Unit 232, each saleTypical two-bed in Al Khail Heights 3A-3B
1.2M20142017202020232026Typical sale price by year: 2014 AED 1,042,000; 2015 AED 1,130,478; 2023 AED 1,150,000; 2024 AED 1,275,000; 2025 AED 1,213,500Sold by developer, April 2016: AED 1,194,500 (AED 684 per sqft)

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

Rents
Unit 232, each contractTypical two-bed in Al Khail Heights 3A-3B
60K80K2018202120242027Typical rent by year: 2018 AED 70,000; 2019 AED 70,000; 2020 AED 64,000; 2021 AED 60,000; 2022 AED 60,500; 2023 AED 69,000; 2024 AED 71,400; 2025 AED 90,000; 2026 AED 90,000New contract, October 2018: AED 80,000 a yearRenewal, October 2019: AED 75,000 a yearNew contract, October 2020: AED 63,000 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 3A-3B, and where 232 sits

All 25 2-beds →

232 last sold in May 2021 at AED 257 per sqft, 48% below what two-beds in Al Khail Heights 3A-3B were fetching at the time (AED 499). Over the last 12 months two-beds sold for AED 1,100,000 to 1,700,000, around AED 768 per sqft, and rent for AED 80,000 to 90,000 a year. 232's AED 63,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Dec 20251,100,000
14 Nov 20251,700,000
13 Mar 20251,147,000
10 Feb 20251,280,000
2 2-bed 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

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

  • Sold twice: first on 14 April 2016 for AED 1,194,500, last on 3 May 2021 for AED 450,000 (AED 257 per sqft).
  • Rented since October 2018 on 3 Ejari contracts, from AED 80,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2021 price is 14.0%, before a service charge of about AED 18,500 a year (AED 10.59 per sqft).
  • Two-beds in Al Khail Heights 3A-3B sold for AED 1,100,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 863 per sqft.

Source: Dubai Land Department. Updated 3 May 2021.

Questions about 232, Al Khail Heights 3A-3B

What did unit 232 last sell for?

AED 450,000 on 3 May 2021: AED 257 per sqft for 1,745 sqft. The unit has 2 registered sales; the first was AED 1,194,500 in April 2016.

What is the rent for unit 232?

AED 63,000 a year on the contract signed on 27 October 2020. The previous contract, from October 2019, was AED 75,000; the unit has been rented since October 2018.

How big is unit 232?

1,745 sqft (162.1 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2018.

What is unit 232 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 3A-3B sold for AED 1,100,000 to 1,700,000 in the last 12 months, around AED 768 per sqft.

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Mortgage on 232, Al Khail Heights 3A-3B

Starts from the last sale price (AED 450K, 3 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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