231, 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.
Property timeline for 231, Al Khail Heights 4A-4B
What is 231 worth today?
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Source: Dubai Land Department. Updated 21 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,373 sqft
- Floor
- 2nd of 4
- Parking
- G-2158
- Developer
- Al Khail Heights
- Completed
- 2018
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.02M · September 2016
- Building
- Al Khail Heights 4A-4B
About 231, Al Khail Heights 4A-4B
231 is a two-bedroom apartment of 1,373 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 1,019,938, or AED 742 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 7 Ejari contracts. The current contract, signed on 21 August 2024, is AED 85,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 13,100 a year.
Sales and rents for 231 over time
231 has sold once; the dashed line is the two-bed median of each year in the building.
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 231 sits
All 25 2-beds →231 last sold in September 2016 at AED 742 per sqft, in line with what two-beds in Al Khail Heights 4A-4B were fetching at the time (AED 745). 231's AED 85,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Sep 201620 September 2016 | 1,461 sqft | 1,083,460 | 741 | ||
| 20 Sep 201620 September 2016 | 1,349 sqft | 1,005,967 | 745 | ||
| 20 Sep 201620 September 2016 | 1,548 sqft | 1,161,197 | 749 | ||
| 20 Sep 201620 September 2016 | 1,973 sqft | 1,475,552 | 747 |
Al Khail Heights 4A-4B
Building191 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
Other units on the 2nd floor
All 191 units in Al Khail Heights 4A-4B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | Studio | 631 sqft | AED 446KAED 445,985 · Jun 2015June 2015 | 60,000 /yr | |
| 202 | 1-bed | 975 sqft | AED 687KAED 686,722 · Jun 2015June 2015 | 83,000 /yr | |
| 203 | Studio | 555 sqft | AED 395KAED 395,050 · Jun 2015June 2015 | 60,000 /yr | |
| 204 | 1-bed | 943 sqft | AED 661KAED 660,877 · Jun 2015June 2015 | 76,000 /yr | |
| 205 | Studio | 601 sqft | AED 425KAED 424,586 · Jun 2015June 2015 | 53,000 /yr | |
| 206 | 1-bed | 1,040 sqft | AED 740KAED 739,992 · Jun 2015June 2015 | 74,000 /yr | |
| 207 | 3-bed | 1,960 sqft | AED 1.39MAED 1,389,794 · Jun 2015June 2015 | 107,000 /yr | |
| 208 | Studio | 825 sqft | AED 587KAED 586,509 · Jun 2015June 2015 | 56,000 /yr | |
| 209 | 1-bed | 1,102 sqft | AED 775KAED 775,482 · Jun 2015June 2015 | 60,000 /yr | |
| 210 | 1-bed | 1,089 sqft | AED 758KAED 758,453 · Jun 2015June 2015 | 76,000 /yr | |
| 211 | Studio | 730 sqft | AED 525KAED 525,025 · Jun 2015June 2015 | 40,002 /yr | |
| 212 | Studio | 593 sqft | AED 417KAED 416,674 · Jun 2015June 2015 | 62,000 /yr | |
| 213 | 1-bed | 1,160 sqft | AED 819KAED 819,259 · Jun 2015June 2015 | 74,000 /yr | |
| 214 | 2-bed | 1,342 sqft | AED 939KAED 938,535 · Jun 2015June 2015 | 120,000 /yr | |
| 215 | Studio | 604 sqft | AED 425KAED 424,887 · Jun 2015June 2015 | 57,000 /yr | |
| 216 | Studio | 650 sqft | AED 461KAED 460,602 · Jun 2015June 2015 | 53,000 /yr | |
| 217 | 1-bed | 1,034 sqft | AED 734KAED 734,342 · Jun 2015June 2015 | 72,000 /yr | |
| 218 | 1-bed | 1,053 sqft | AED 750KAED 750,466 · Jun 2015June 2015 | 76,000 /yr | |
| 219 | Studio | 669 sqft | AED 477KAED 476,953 · Jun 2015June 2015 | 60,000 /yr | |
| 220 | 1-bed | 901 sqft | AED 674KAED 673,900 · Sep 2016September 2016 | 66,000 /yr | |
| 221 | 1-bed | 1,090 sqft | AED 804KAED 803,879 · Sep 2016September 2016 | 130,000 /yr | |
| 222 | 2-bed | 1,349 sqft | AED 1.01MAED 1,005,967 · Sep 2016September 2016 | 85,000 /yr | |
| 223 | Studio | 554 sqft | AED 410KAED 410,283 · Sep 2016September 2016 | 35,000 /yr | |
| 224 | 2-bed | 1,713 sqft | AED 1.28MAED 1,280,391 · Sep 2016September 2016 | 120,000 /yr | |
| 225 | Studio | 455 sqft | AED 338KAED 338,263 · Sep 2016September 2016 | 45,000 /yr | |
| 226 | 1-bed | 978 sqft | AED 741KAED 740,520 · Sep 2016September 2016 | 45,000 /yr | |
| 227 | Studio | 637 sqft | AED 475KAED 475,309 · Sep 2016September 2016 | 45,000 /yr | |
| 228 | Studio | 499 sqft | AED 374KAED 373,672 · Sep 2016September 2016 | 35,000 /yr | |
| 229 | 1-bed | 773 sqft | AED 574KAED 573,930 · Sep 2016September 2016 | 46,000 /yr | |
| 230 | 1-bed | 915 sqft | AED 680KAED 680,252 · Sep 2016September 2016 | 65,000 /yr | |
| 232 | 2-bed | 1,751 sqft | AED 1.31MAED 1,305,398 · Sep 2016September 2016 | 75,000 /yr | |
| 233 | 1-bed | 1,408 sqft | AED 1.05MAED 1,046,303 · Sep 2016September 2016 | 60,000 /yr | |
| 234 | 1-bed | 1,226 sqft | AED 904KAED 904,329 · Sep 2016September 2016 | 130,000 /yr | |
| 235 | Studio | 708 sqft | AED 527KAED 526,925 · Sep 2016September 2016 | 32,500 /yr | |
| 236 | Studio | 453 sqft | AED 338KAED 338,101 · Sep 2016September 2016 | 60,000 /yr | |
| 237 | Studio | 680 sqft | AED 508KAED 507,627 · Sep 2016September 2016 | 32,500 /yr | |
| 238 | 1-bed | 1,371 sqft | AED 1MAED 1,004,137 · Sep 2016September 2016 | 55,000 /yr | |
| 239 | 1-bed | 1,113 sqft | AED 837KAED 837,392 · Sep 2016September 2016 | 55,000 /yr | |
| 240 | Studio | 516 sqft | AED 385KAED 384,634 · Sep 2016September 2016 | 36,500 /yr |
231, Al Khail Heights 4A-4B in numbers
- Sold once: by Al Khail Heights on 20 September 2016 for AED 1,019,938, or AED 742 per sqft.
- Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 55,000 in 2022 and recovered to AED 85,000 by August 2024.
- At AED 85,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 13,100 a year (AED 9.51 per sqft).
Source: Dubai Land Department. Updated 21 August 2024.
Questions about 231, Al Khail Heights 4A-4B
What did unit 231 last sell for?
AED 1,019,938 on 20 September 2016, sold by the developer: AED 742 per sqft for 1,373 sqft. It is the only registered sale of the unit.
What is the rent for unit 231?
AED 85,000 a year on the contract signed on 21 August 2024. The previous contract, from April 2023, was AED 67,000; the unit has been rented since August 2018.
How big is unit 231?
1,373 sqft (127.6 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2018.
What is unit 231 worth today?
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Mortgage on 231, Al Khail Heights 4A-4B
Starts from the last sale price (AED 1.02M, 20 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,019,938
- Deposit, UAE resident (20%)
- AED 203,988
- Deposit, non-resident (40%)
- AED 407,975
- Monthly over 25 years at 3.7%
- AED 4,173
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →