Studio · 491 sqftAl Khail Heights 4A-4B, Al Quoz Fourth · 3rd floor · completed 2018

305, Al Khail Heights 4A-4B

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 344K30 June 2015
Current rentAED 45K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Al Khail Heights 4A-4B

What is 305 worth today?

Last sold for AED 343,813 in 2015

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10 May 2024RentedRenewal
AED 45,000/yr12 months · AED 91 per sqft
10 May 2023RentedNew contract
AED 38,000/yr12 months · AED 77 per sqft
1 Nov 2019RentedRenewal
AED 32,000/yr12 months · AED 65 per sqft
1 Nov 2018RentedNew contract
AED 32,000/yr12 months · AED 65 per sqft
30 Jun 2015Sold by developerOff-plan
AED 343,813AED 700 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
Studio apartment
Size
491 sqft
Floor
3rd of 4
Parking
G-2172
Developer
Al Khail Heights
Completed
2018
Service charge
AED 4,700 /yr
Last sold
AED 344K · June 2015

About 305, Al Khail Heights 4A-4B

305 is a studio of 491 sqft on the 3rd 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 30 June 2015 for AED 343,813, or AED 700 per sqft, in line with the AED 708 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 45,000 a year: a gross yield of 13.1% on the 2015 price, before the service charge of about AED 4,700 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical studio in Al Khail Heights 4A-4B
400K201520162017Typical sale price by year: 2015 AED 455,994; 2016 AED 430,684Sold by developer, June 2015: AED 343,813 (AED 700 per sqft)

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

Rents
Unit 305, 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, November 2018: AED 32,000 a yearRenewal, November 2019: AED 32,000 a yearNew contract, May 2023: AED 38,000 a yearRenewal, May 2024: AED 45,000 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 305 sits

All 82 studios →

305 last sold in June 2015 at AED 700 per sqft, in line with what studios in Al Khail Heights 4A-4B were fetching at the time (AED 708). 305's AED 45,000 is in the lower half 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 3rd floor

All 191 units in Al Khail Heights 4A-4B
Value
301StudioAED 387K · Jun 2015
3021-bedAED 680K · Jun 2015
303StudioAED 396K · Jun 2015
3041-bedAED 664K · Jun 2015
3061-bedAED 625K · Jun 2015
3072-bedAED 1.18M · Jun 2015
308StudioAED 514K · Jun 2015
1–7 of 40

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

  • Sold once: by Al Khail Heights on 30 June 2015 for AED 343,813, or AED 700 per sqft.
  • Rented since November 2018 on 4 Ejari contracts, from AED 32,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2015 price is 13.1%, before a service charge of about AED 4,700 a year (AED 9.51 per sqft).

Source: Dubai Land Department. Updated 10 May 2024.

Questions about 305, Al Khail Heights 4A-4B

What did unit 305 last sell for?

AED 343,813 on 30 June 2015, sold by the developer: AED 700 per sqft for 491 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 45,000 a year on the contract renewed on 10 May 2024. The previous contract, from May 2023, was AED 38,000; the unit has been rented since November 2018.

How big is unit 305?

491 sqft (45.6 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2018.

What is unit 305 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 305, Al Khail Heights 4A-4B

Starts from the last sale price (AED 344K, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 343,813
Deposit, UAE resident (20%)
AED 68,763
Deposit, non-resident (40%)
AED 137,525
Monthly over 25 years at 3.7%
AED 1,407

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