Home
Dubai prices
About
Research
Studio · 516 sqftAl Khail Heights 4A-4B, Al Quoz Fourth · 2nd floor · completed 2018

240, 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 240 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 385K20 September 2016
Current rentAED 37K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 240

Property timeline for 240, Al Khail Heights 4A-4B

What is 240 worth today?

Last sold for AED 384,634 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2023RentedRenewal
AED 36,500/yr12 months · AED 71 per sqft
1 Sep 2022RentedNew contract
AED 34,500/yr12 months · AED 67 per sqft
1 Sep 2021RentedRenewal
AED 30,000/yr12 months · AED 58 per sqft
1 Sep 2020RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft
1 Sep 2019RentedRenewal
AED 36,000/yr12 months · AED 70 per sqft
1 Sep 2018RentedNew contract
AED 36,000/yr12 months · AED 70 per sqft
20 Sep 2016Sold by developerOff-plan
AED 384,634AED 744 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
2nd of 4
Parking
G-2167
Developer
Al Khail Heights
Completed
2018
Service charge
AED 4,900 /yr
Last sold
AED 385K · September 2016
Building
Al Khail Heights 4A-4B

About 240, Al Khail Heights 4A-4B

240 is a studio of 516 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 384,634, or AED 744 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 6 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 36,500 a year: a gross yield of 9.5% on the 2016 price, before the service charge of about AED 4,900 a year.

Sales and rents for 240 over time

Sales
Unit 240, 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 384,634 (AED 744 per sqft)

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

Rents
Unit 240, each contractTypical studio in Al Khail Heights 4A-4B
40K60K2018202120242027Typical 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, September 2018: AED 36,000 a yearRenewal, September 2019: AED 36,000 a yearNew contract, September 2020: AED 33,000 a yearRenewal, September 2021: AED 30,000 a yearNew contract, September 2022: AED 34,500 a yearRenewal, September 2023: AED 36,500 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 240 sits

All 82 studios →

240 last sold in September 2016 at AED 744 per sqft, in line with what studios in Al Khail Heights 4A-4B were fetching at the time (AED 745). 240's AED 36,500 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

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

  • Sold once: by Al Khail Heights on 20 September 2016 for AED 384,634, or AED 744 per sqft.
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 36,000 to AED 30,000 in 2021 and recovered to AED 36,500 by September 2023.
  • At AED 36,500 a year the gross yield on the 2016 price is 9.5%, before a service charge of about AED 4,900 a year (AED 9.51 per sqft).

Source: Dubai Land Department. Updated 1 September 2023.

Questions about 240, Al Khail Heights 4A-4B

What did unit 240 last sell for?

AED 384,634 on 20 September 2016, sold by the developer: AED 744 per sqft for 516 sqft. It is the only registered sale of the unit.

What is the rent for unit 240?

AED 36,500 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 34,500; the unit has been rented since September 2018.

How big is unit 240?

516 sqft (47.9 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2018.

What is unit 240 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 240? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 240, Al Khail Heights 4A-4B

Starts from the last sale price (AED 385K, 20 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 384,634
Deposit, UAE resident (20%)
AED 76,927
Deposit, non-resident (40%)
AED 153,854
Monthly over 25 years at 3.7%
AED 1,574

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