Studio · 400 sqftAl Khail Heights 3A-3B, Al Quoz Fourth · 4th floor · completed 2018

423, Al Khail Heights 3A-3B

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 371K21 September 2015
Current rentAED 35K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Al Khail Heights 3A-3B

What is 423 worth today?

Last sold for AED 371,000 in 2015

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1 Mar 2025RentedRenewal
AED 35,000/yr12 months · AED 88 per sqft
1 Mar 2025RentedRenewal
AED 35,000/yr12 months · AED 88 per sqft
1 Mar 2024RentedRenewal
AED 30,000/yr12 months · AED 75 per sqft
1 Mar 2023RentedNew contract
AED 25,000/yr12 months · AED 63 per sqft
1 Feb 2022RentedNew contract
AED 22,000/yr12 months · AED 55 per sqft
1 Feb 2021RentedNew contract
AED 22,000/yr12 months · AED 55 per sqft
31 Oct 2019RentedRenewal
AED 27,845/yr12 months · AED 70 per sqft
1 Nov 2018RentedNew contract
AED 30,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
Studio apartment
Size
400 sqft
Floor
4th of 4
Parking
G-808
Developer
Al Khail Heights
Completed
2018
Service charge
AED 4,200 /yr
Last sold
AED 371K · September 2015

About 423, Al Khail Heights 3A-3B

423 is a studio of 400 sqft on the 4th 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 21 September 2015 for AED 371,000, or AED 927 per sqft, 17% above the AED 795 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 35,000 a year: a gross yield of 9.4% on the 2015 price, before the service charge of about AED 4,200 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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, September 2015: AED 371,000 (AED 927 per sqft)

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

Rents
Unit 423, each contractTypical studio in Al Khail Heights 3A-3B
20K30K40K2018202120242027Typical 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, November 2018: AED 30,000 a yearRenewal, October 2019: AED 27,845 a yearNew contract, February 2021: AED 22,000 a yearNew contract, February 2022: AED 22,000 a yearNew contract, March 2023: AED 25,000 a yearRenewal, March 2024: AED 30,000 a yearRenewal, March 2025: AED 35,000 a yearRenewal, March 2025: AED 35,000 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 423 sits

All 82 studios →

423 last sold in September 2015 at AED 927 per sqft, 17% above what studios in Al Khail Heights 3A-3B were fetching at the time (AED 795). 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. 423's AED 35,000 is in the lower half 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 4th floor

All 191 units in Al Khail Heights 3A-3B
Value
4012-bedAED 1.25M · Apr 2024
4022-bedAED 1.29M · Dec 2024
403StudioAED 351K · Dec 2014
4041-bedAED 675K · Jun 2024
4052-bedAED 1.06M · Jan 2015
406StudioAED 467K · Jul 2015
4071-bedAED 791K · Feb 2015
1–7 of 36

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

  • Sold once: by Al Khail Heights on 21 September 2015 for AED 371,000, or AED 927 per sqft.
  • Rented since November 2018 on 8 Ejari contracts. The rent fell from AED 30,000 to AED 22,000 in 2022 and recovered to AED 35,000 by March 2025.
  • At AED 35,000 a year the gross yield on the 2015 price is 9.4%, before a service charge of about AED 4,200 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 1 March 2025.

Questions about 423, Al Khail Heights 3A-3B

What did unit 423 last sell for?

AED 371,000 on 21 September 2015, sold by the developer: AED 927 per sqft for 400 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 35,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2025, was AED 35,000; the unit has been rented since November 2018.

How big is unit 423?

400 sqft (37.2 sqm): a studio on the 4th floor of a 4-storey tower completed in 2018.

What is unit 423 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 423, Al Khail Heights 3A-3B

Starts from the last sale price (AED 371K, 21 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 371,000
Deposit, UAE resident (20%)
AED 74,200
Deposit, non-resident (40%)
AED 148,400
Monthly over 25 years at 3.7%
AED 1,518

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