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2-bed · 1,383 sqftAl Khail Heights 4A-4B, Al Quoz Fourth · 4th floor · completed 2018

405, 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 405 · DLD and Ejari recordsUpdated 15 June 2023
Last soldAED 979K30 June 2015
Current rentAED 78K /yr15 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Al Khail Heights 4A-4B

What is 405 worth today?

Last sold for AED 979,363 in 2015

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15 Jun 2023RentedNew contract
AED 78,000/yr12 months · AED 57 per sqft
15 Apr 2022RentedNew contract
AED 62,000/yr12 months · AED 45 per sqft
20 May 2021RentedNew contract
AED 55,000/yr12 months · AED 40 per sqft
5 Mar 2020RentedNew contract
AED 62,000/yr12 months · AED 45 per sqft
7 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 51 per sqft
30 Jun 2015Sold by developerOff-plan
AED 979,363AED 708 per sqft

Source: Dubai Land Department. Updated 15 June 2023.

Key facts

Type
2-bed apartment
Size
1,383 sqft
Floor
4th of 4
Parking
G-2213
Developer
Al Khail Heights
Completed
2018
Service charge
AED 13,100 /yr
Last sold
AED 979K · June 2015
Building
Al Khail Heights 4A-4B

About 405, Al Khail Heights 4A-4B

405 is a two-bedroom apartment of 1,383 sqft on the 4th 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 979,363, or AED 708 per sqft, in line with the AED 708 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 15 June 2023, is AED 78,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 13,100 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Al Khail Heights 4A-4B
1M1.1M201520162017Typical sale price by year: 2015 AED 1,007,356; 2016 AED 1,138,166Sold by developer, June 2015: AED 979,363 (AED 708 per sqft)

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

Rents
Unit 405, 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, September 2018: AED 70,000 a yearNew contract, March 2020: AED 62,000 a yearNew contract, May 2021: AED 55,000 a yearNew contract, April 2022: AED 62,000 a yearNew contract, June 2023: AED 78,000 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 405 sits

All 25 2-beds →

405 last sold in June 2015 at AED 708 per sqft, in line with what two-beds in Al Khail Heights 4A-4B were fetching at the time (AED 708). 405's AED 78,000 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 4th floor

All 191 units in Al Khail Heights 4A-4B
Value
4012-bedAED 1.04M · Jun 2015
4022-bedAED 951K · Jun 2015
403StudioAED 270K · Jun 2015
4041-bedAED 593K · Jun 2015
406StudioAED 425K · Jun 2015
4071-bedAED 692K · Jun 2015
4081-bedAED 694K · Jun 2015
1–7 of 36

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

  • Sold once: by Al Khail Heights on 30 June 2015 for AED 979,363, or AED 708 per sqft.
  • Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 55,000 in 2021 and recovered to AED 78,000 by June 2023.
  • At AED 78,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 13,100 a year (AED 9.51 per sqft).

Source: Dubai Land Department. Updated 15 June 2023.

Questions about 405, Al Khail Heights 4A-4B

What did unit 405 last sell for?

AED 979,363 on 30 June 2015, sold by the developer: AED 708 per sqft for 1,383 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 78,000 a year on the contract signed on 15 June 2023. The previous contract, from April 2022, was AED 62,000; the unit has been rented since September 2018.

How big is unit 405?

1,383 sqft (128.5 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2018.

What is unit 405 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 405, Al Khail Heights 4A-4B

Starts from the last sale price (AED 979K, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 979,363
Deposit, UAE resident (20%)
AED 195,873
Deposit, non-resident (40%)
AED 391,745
Monthly over 25 years at 3.7%
AED 4,007

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