2-bed · 1,751 sqftAl Khail Heights 4A-4B, Al Quoz Fourth · 2nd floor · completed 2018

232, 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 232 · DLD and Ejari recordsUpdated 17 November 2023
Last soldAED 1.31M20 September 2016
Current rentAED 75K /yr17 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 232, Al Khail Heights 4A-4B

What is 232 worth today?

Last sold for AED 1,305,398 in 2016

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17 Nov 2023RentedRenewal
AED 75,000/yr12 months · AED 43 per sqft
17 Nov 2022RentedRenewal
AED 60,000/yr12 months · AED 34 per sqft
17 Nov 2021RentedNew contract
AED 55,000/yr12 months · AED 31 per sqft
17 Nov 2020RentedNew contract
AED 55,000/yr12 months · AED 31 per sqft
20 Oct 2018RentedNew contract
AED 78,000/yr12 months · AED 44 per sqft
15 Aug 2018RentedNew contract
AED 82,000/yr12 months · AED 47 per sqft
20 Sep 2016Sold by developerOff-plan
AED 1,305,398AED 745 per sqft

Source: Dubai Land Department. Updated 17 November 2023.

Key facts

Type
2-bed apartment
Size
1,751 sqft
Floor
2nd of 4
Parking
G-2159
Developer
Al Khail Heights
Completed
2018
Service charge
AED 16,700 /yr
Last sold
AED 1.31M · September 2016

About 232, Al Khail Heights 4A-4B

232 is a two-bedroom apartment of 1,751 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 1,305,398, or AED 745 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 6 Ejari contracts. The current contract, renewed on 17 November 2023, is AED 75,000 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 16,700 a year.

Sales and rents for 232 over time

Sales
Unit 232, each saleTypical two-bed in Al Khail Heights 4A-4B
1M1.2M201520162017Typical sale price by year: 2015 AED 1,007,356; 2016 AED 1,138,166Sold by developer, September 2016: AED 1,305,398 (AED 745 per sqft)

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

Rents
Unit 232, 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 82,000 a yearNew contract, October 2018: AED 78,000 a yearNew contract, November 2020: AED 55,000 a yearNew contract, November 2021: AED 55,000 a yearRenewal, November 2022: AED 60,000 a yearRenewal, November 2023: AED 75,000 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 232 sits

All 25 2-beds →

232 last sold in September 2016 at AED 745 per sqft, in line with what two-beds in Al Khail Heights 4A-4B were fetching at the time (AED 745). 232's AED 75,000 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 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

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

  • Sold once: by Al Khail Heights on 20 September 2016 for AED 1,305,398, or AED 745 per sqft.
  • Rented since August 2018 on 6 Ejari contracts. The rent fell from AED 82,000 to AED 55,000 in 2021 and recovered to AED 75,000 by November 2023.
  • At AED 75,000 a year the gross yield on the 2016 price is 5.8%, before a service charge of about AED 16,700 a year (AED 9.51 per sqft).

Source: Dubai Land Department. Updated 17 November 2023.

Questions about 232, Al Khail Heights 4A-4B

What did unit 232 last sell for?

AED 1,305,398 on 20 September 2016, sold by the developer: AED 745 per sqft for 1,751 sqft. It is the only registered sale of the unit.

What is the rent for unit 232?

AED 75,000 a year on the contract renewed on 17 November 2023. The previous contract, from November 2022, was AED 60,000; the unit has been rented since August 2018.

How big is unit 232?

1,751 sqft (162.7 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2018.

What is unit 232 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 232, Al Khail Heights 4A-4B

Starts from the last sale price (AED 1.31M, 20 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,305,398
Deposit, UAE resident (20%)
AED 261,080
Deposit, non-resident (40%)
AED 522,159
Monthly over 25 years at 3.7%
AED 5,341

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