1-bed · 773 sqftAl Khail Heights 4A-4B, Al Quoz Fourth · 2nd floor · completed 2018

229, Al Khail Heights 4A-4B

Sold prices and rental history: sold once, by the developer in September 2016, and rented once, from March 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 229 · DLD and Ejari recordsUpdated 13 March 2019
Last soldAED 574K20 September 2016
Current rentAED 46K /yr13 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 229, Al Khail Heights 4A-4B

What is 229 worth today?

Last sold for AED 573,930 in 2016

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13 Mar 2019RentedNew contract
AED 46,000/yr12 months · AED 59 per sqft
20 Sep 2016Sold by developerOff-plan
AED 573,930AED 742 per sqft

Source: Dubai Land Department. Updated 13 March 2019.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
2nd of 4
Parking
G-2156
Developer
Al Khail Heights
Completed
2018
Service charge
AED 7,400 /yr
Last sold
AED 574K · September 2016

About 229, Al Khail Heights 4A-4B

229 is a one-bedroom apartment of 773 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 573,930, or AED 742 per sqft, in line with the AED 743 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 March 2019. The current contract, signed on 13 March 2019, is AED 46,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 7,400 a year.

Sales and rents for 229 over time

Sales
Unit 229, each saleTypical one-bed in Al Khail Heights 4A-4B
600K800K201520162017Typical sale price by year: 2015 AED 750,805; 2016 AED 803,562Sold by developer, September 2016: AED 573,930 (AED 742 per sqft)

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

Rents
Unit 229, each contractTypical one-bed in Al Khail Heights 4A-4B
50K75K100K2018202120242027Typical rent by year: 2018 AED 55,000; 2019 AED 50,000; 2020 AED 44,500; 2021 AED 40,000; 2022 AED 42,000; 2023 AED 50,000; 2024 AED 61,000; 2025 AED 74,000; 2026 AED 95,000New contract, March 2019: AED 46,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Khail Heights 4A-4B, and where 229 sits

All 81 1-beds →

229 last sold in September 2016 at AED 742 per sqft, in line with what one-beds in Al Khail Heights 4A-4B were fetching at the time (AED 743). 229's AED 46,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Sep 2016753,614
20 Sep 2016673,900
20 Sep 2016851,054
20 Sep 2016669,924
0 1-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 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

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

  • Sold once: by Al Khail Heights on 20 September 2016 for AED 573,930, or AED 742 per sqft.
  • Rented since March 2019 on one Ejari contract, at AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2016 price is 8.0%, before a service charge of about AED 7,400 a year (AED 9.51 per sqft).

Source: Dubai Land Department. Updated 13 March 2019.

Questions about 229, Al Khail Heights 4A-4B

What did unit 229 last sell for?

AED 573,930 on 20 September 2016, sold by the developer: AED 742 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 229?

AED 46,000 a year on the contract signed on 13 March 2019.

How big is unit 229?

773 sqft (71.8 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2018.

What is unit 229 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 229, Al Khail Heights 4A-4B

Starts from the last sale price (AED 574K, 20 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 573,930
Deposit, UAE resident (20%)
AED 114,786
Deposit, non-resident (40%)
AED 229,572
Monthly over 25 years at 3.7%
AED 2,348

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