Studio · 499 sqftAl Khail Heights 4A-4B, Al Quoz Fourth · 2nd floor · completed 2018

228, 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 228 · DLD and Ejari recordsUpdated 6 March 2024
Last soldAED 374K20 September 2016
Current rentAED 35K /yr6 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 228, Al Khail Heights 4A-4B

What is 228 worth today?

Last sold for AED 373,672 in 2016

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6 Mar 2024RentedNew contract
AED 35,000/yr12 months · AED 70 per sqft
10 Feb 2023RentedNew contract
AED 30,000/yr12 months · AED 60 per sqft
10 Feb 2021RentedNew contract
AED 26,000/yr12 months · AED 52 per sqft
30 Nov 2019RentedNew contract
AED 33,000/yr12 months · AED 66 per sqft
30 Nov 2018RentedNew contract
AED 33,000/yr12 months · AED 67 per sqft
20 Sep 2016Sold by developerOff-plan
AED 373,672AED 748 per sqft

Source: Dubai Land Department. Updated 6 March 2024.

Key facts

Type
Studio apartment
Size
499 sqft
Floor
2nd of 4
Parking
G-2155
Developer
Al Khail Heights
Completed
2018
Service charge
AED 4,700 /yr
Last sold
AED 374K · September 2016

About 228, Al Khail Heights 4A-4B

228 is a studio of 499 sqft on the 2nd 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 373,672, or AED 748 per sqft, in line with the AED 745 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 6 March 2024, is AED 35,000 a year: a gross yield of 9.4% on the 2016 price, before the service charge of about AED 4,700 a year.

Sales and rents for 228 over time

Sales
Unit 228, each saleTypical studio in Al Khail Heights 4A-4B
400K450K201520162017Typical sale price by year: 2015 AED 455,994; 2016 AED 430,684Sold by developer, September 2016: AED 373,672 (AED 748 per sqft)

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

Rents
Unit 228, each contractTypical studio in Al Khail Heights 4A-4B
20K40K60K2018202120242027Typical rent by year: 2018 AED 35,000; 2019 AED 34,750; 2020 AED 32,000; 2021 AED 30,000; 2022 AED 30,000; 2023 AED 36,000; 2024 AED 45,000; 2025 AED 53,000; 2026 AED 60,000New contract, November 2018: AED 33,000 a yearNew contract, November 2019: AED 33,000 a yearNew contract, February 2021: AED 26,000 a yearNew contract, February 2023: AED 30,000 a yearNew contract, March 2024: 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 4A-4B, and where 228 sits

All 82 studios →

228 last sold in September 2016 at AED 748 per sqft, in line with what studios in Al Khail Heights 4A-4B were fetching at the time (AED 745). 228's AED 35,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Sep 2016550,265
20 Sep 2016407,893
20 Sep 2016312,607
20 Sep 2016526,925
0 studio 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 2nd floor

All 191 units in Al Khail Heights 4A-4B
Value
201StudioAED 446K · Jun 2015
2021-bedAED 687K · Jun 2015
203StudioAED 395K · Jun 2015
2041-bedAED 661K · Jun 2015
205StudioAED 425K · Jun 2015
2061-bedAED 740K · Jun 2015
2073-bedAED 1.39M · Jun 2015
1–7 of 39

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

  • Sold once: by Al Khail Heights on 20 September 2016 for AED 373,672, or AED 748 per sqft.
  • Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 33,000 to AED 26,000 in 2021 and recovered to AED 35,000 by March 2024.
  • At AED 35,000 a year the gross yield on the 2016 price is 9.4%, before a service charge of about AED 4,700 a year (AED 9.51 per sqft).

Source: Dubai Land Department. Updated 6 March 2024.

Questions about 228, Al Khail Heights 4A-4B

What did unit 228 last sell for?

AED 373,672 on 20 September 2016, sold by the developer: AED 748 per sqft for 499 sqft. It is the only registered sale of the unit.

What is the rent for unit 228?

AED 35,000 a year on the contract signed on 6 March 2024. The previous contract, from February 2023, was AED 30,000; the unit has been rented since November 2018.

How big is unit 228?

499 sqft (46.4 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2018.

What is unit 228 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 228, Al Khail Heights 4A-4B

Starts from the last sale price (AED 374K, 20 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 373,672
Deposit, UAE resident (20%)
AED 74,734
Deposit, non-resident (40%)
AED 149,469
Monthly over 25 years at 3.7%
AED 1,529

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