2-bed · 1,525 sqftAl Khail Heights 4A-4B, Al Quoz Fourth · 1st floor · completed 2018

122, Al Khail Heights 4A-4B

Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.14M20 September 2016
Current rentAED 80K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 122, Al Khail Heights 4A-4B

What is 122 worth today?

Last sold for AED 1,138,166 in 2016

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15 Aug 2024RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
1 Aug 2022RentedNew contract
AED 62,700/yr12 months · AED 41 per sqft
1 Feb 2020RentedNew contract
AED 67,000/yr12 months · AED 44 per sqft
15 Aug 2018RentedNew contract
AED 78,000/yr12 months · AED 51 per sqft
20 Sep 2016Sold by developerOff-plan
AED 1,138,166AED 746 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
1,525 sqft
Floor
1st of 4
Parking
G-2107
Developer
Al Khail Heights
Completed
2018
Service charge
AED 14,500 /yr
Last sold
AED 1.14M · September 2016

About 122, Al Khail Heights 4A-4B

122 is a two-bedroom apartment of 1,525 sqft on the 1st floor of Al Khail Heights 4A-4B, a 4-storey tower in Al Quoz Fourth completed in 2018 by Al Khail Heights. The developer sold it on 20 September 2016 for AED 1,138,166, or AED 746 per sqft, in line with the AED 745 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 15 August 2024, is AED 80,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 14,500 a year.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical two-bed in Al Khail Heights 4A-4B
1M1.1M201520162017Typical sale price by year: 2015 AED 1,007,356; 2016 AED 1,138,166Sold by developer, September 2016: AED 1,138,166 (AED 746 per sqft)

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

Rents
Unit 122, each contractTypical two-bed in Al Khail Heights 4A-4B
50K100K150K2018202120242027Typical rent by year: 2018 AED 78,000; 2019 AED 72,500; 2020 AED 62,000; 2021 AED 55,000; 2022 AED 61,000; 2023 AED 67,625; 2024 AED 79,250; 2025 AED 110,000; 2026 AED 140,000New contract, August 2018: AED 78,000 a yearNew contract, February 2020: AED 67,000 a yearNew contract, August 2022: AED 62,700 a yearNew contract, August 2024: AED 80,000 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 4A-4B, and where 122 sits

All 25 2-beds →

122 last sold in September 2016 at AED 746 per sqft, in line with what two-beds in Al Khail Heights 4A-4B were fetching at the time (AED 745). 122's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Sep 20161,083,460
20 Sep 20161,005,967
20 Sep 20161,161,197
20 Sep 20161,475,552
0 2-bed sales in the last 12 months

Al Khail Heights 4A-4B

Building

191 apartments, studios to 3-bed over 4 floors in Al Quoz Fourth, completed in 2018 by Al Khail Heights. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 83K /yr
Typical yield
Al Khail Heights 4A-4B, Al Quoz Fourth: prices, sales and rents →

Other units on the 1st floor

All 191 units in Al Khail Heights 4A-4B
Value
101StudioAED 446K · Jun 2015
1021-bedAED 688K · Jun 2015
103StudioAED 455K · Jun 2015
1041-bedAED 750K · Jun 2015
105StudioAED 457K · Jun 2015
1061-bedAED 791K · Jun 2015
1073-bedAED 1.44M · Jun 2015
1–7 of 39

122, Al Khail Heights 4A-4B in numbers

  • Sold once: by Al Khail Heights on 20 September 2016 for AED 1,138,166, or AED 746 per sqft.
  • Rented since August 2018 on 4 Ejari contracts. The rent fell from AED 78,000 to AED 62,700 in 2022 and recovered to AED 80,000 by August 2024.
  • At AED 80,000 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 14,500 a year (AED 9.51 per sqft).

Source: Dubai Land Department. Updated 15 August 2024.

Questions about 122, Al Khail Heights 4A-4B

What did unit 122 last sell for?

AED 1,138,166 on 20 September 2016, sold by the developer: AED 746 per sqft for 1,525 sqft. It is the only registered sale of the unit.

What is the rent for unit 122?

AED 80,000 a year on the contract signed on 15 August 2024. The previous contract, from August 2022, was AED 62,700; the unit has been rented since August 2018.

How big is unit 122?

1,525 sqft (141.7 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2018.

What is unit 122 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 122, Al Khail Heights 4A-4B

Starts from the last sale price (AED 1.14M, 20 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,138,166
Deposit, UAE resident (20%)
AED 227,633
Deposit, non-resident (40%)
AED 455,266
Monthly over 25 years at 3.7%
AED 4,657

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