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Studio · 520 sqftAl Khail Heights 4A-4B, Al Quoz Fourth · 3rd floor · completed 2018

341, 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 341 · DLD and Ejari recordsUpdated 1 February 2022
Last soldAED 393K20 September 2016
Current rentAED 28K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 341, Al Khail Heights 4A-4B

What is 341 worth today?

Last sold for AED 392,652 in 2016

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1 Feb 2022RentedNew contract
AED 28,000/yr12 months · AED 54 per sqft
5 Aug 2021RentedNew contract
AED 26,000/yr12 months · AED 50 per sqft
20 Dec 2020RentedNew contract
AED 26,000/yr12 months · AED 50 per sqft
1 Nov 2018RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft
20 Sep 2016Sold by developerOff-plan
AED 392,652AED 754 per sqft

Source: Dubai Land Department. Updated 1 February 2022.

Key facts

Type
Studio apartment
Size
520 sqft
Floor
3rd of 4
Parking
G-2208
Developer
Al Khail Heights
Completed
2018
Service charge
AED 4,900 /yr
Last sold
AED 393K · September 2016
Building
Al Khail Heights 4A-4B

About 341, Al Khail Heights 4A-4B

341 is a studio of 520 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 20 September 2016 for AED 392,652, or AED 754 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 4 Ejari contracts. The current contract, signed on 1 February 2022, is AED 28,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 4,900 a year.

Sales and rents for 341 over time

Sales
Unit 341, 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 392,652 (AED 754 per sqft)

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

Rents
Unit 341, each contractTypical studio in Al Khail Heights 4A-4B
20K40K60K2018202120242027Typical 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 33,000 a yearNew contract, December 2020: AED 26,000 a yearNew contract, August 2021: AED 26,000 a yearNew contract, February 2022: AED 28,000 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 341 sits

All 82 studios →

341 last sold in September 2016 at AED 754 per sqft, in line with what studios in Al Khail Heights 4A-4B were fetching at the time (AED 745). 341's AED 28,000 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 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
305StudioAED 344K · Jun 2015
3061-bedAED 625K · Jun 2015
3072-bedAED 1.18M · Jun 2015
1–7 of 40

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

  • Sold once: by Al Khail Heights on 20 September 2016 for AED 392,652, or AED 754 per sqft.
  • Rented since November 2018 on 4 Ejari contracts, from AED 33,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 4,900 a year (AED 9.51 per sqft).

Source: Dubai Land Department. Updated 1 February 2022.

Questions about 341, Al Khail Heights 4A-4B

What did unit 341 last sell for?

AED 392,652 on 20 September 2016, sold by the developer: AED 754 per sqft for 520 sqft. It is the only registered sale of the unit.

What is the rent for unit 341?

AED 28,000 a year on the contract signed on 1 February 2022. The previous contract, from August 2021, was AED 26,000; the unit has been rented since November 2018.

How big is unit 341?

520 sqft (48.3 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2018.

What is unit 341 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 341, Al Khail Heights 4A-4B

Starts from the last sale price (AED 393K, 20 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 392,652
Deposit, UAE resident (20%)
AED 78,530
Deposit, non-resident (40%)
AED 157,061
Monthly over 25 years at 3.7%
AED 1,606

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