Studio · 594 sqftAl Khail Heights 4A-4B, Al Quoz Fourth · 4th floor · completed 2018

417, 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 417 · DLD and Ejari recordsUpdated 10 December 2023
Last soldAED 424K30 June 2015
Current rentAED 33K /yr10 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 417, Al Khail Heights 4A-4B

What is 417 worth today?

Last sold for AED 423,682 in 2015

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10 Dec 2023RentedRenewal
AED 33,075/yr12 months · AED 56 per sqft
10 Dec 2022RentedRenewal
AED 31,500/yr12 months · AED 53 per sqft
10 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 51 per sqft
1 Feb 2020RentedNew contract
AED 32,000/yr12 months · AED 54 per sqft
1 Nov 2018RentedNew contract
AED 34,000/yr12 months · AED 57 per sqft
30 Jun 2015Sold by developerOff-plan
AED 423,682AED 713 per sqft

Source: Dubai Land Department. Updated 10 December 2023.

Key facts

Type
Studio apartment
Size
594 sqft
Floor
4th of 4
Parking
G-2225
Developer
Al Khail Heights
Completed
2018
Service charge
AED 5,600 /yr
Last sold
AED 424K · June 2015

About 417, Al Khail Heights 4A-4B

417 is a studio of 594 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 423,682, or AED 713 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 5 Ejari contracts. The current contract, renewed on 10 December 2023, is AED 33,075 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 5,600 a year.

Sales and rents for 417 over time

Sales
Unit 417, each saleTypical studio in Al Khail Heights 4A-4B
420K440K460K201520162017Typical sale price by year: 2015 AED 455,994; 2016 AED 430,684Sold by developer, June 2015: AED 423,682 (AED 713 per sqft)

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

Rents
Unit 417, 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 34,000 a yearNew contract, February 2020: AED 32,000 a yearNew contract, December 2021: AED 30,000 a yearRenewal, December 2022: AED 31,500 a yearRenewal, December 2023: AED 33,075 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 417 sits

All 82 studios →

417 last sold in June 2015 at AED 713 per sqft, in line with what studios in Al Khail Heights 4A-4B were fetching at the time (AED 708). 417's AED 33,075 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 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
4052-bedAED 979K · Jun 2015
406StudioAED 425K · Jun 2015
4071-bedAED 692K · Jun 2015
1–7 of 36

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

  • Sold once: by Al Khail Heights on 30 June 2015 for AED 423,682, or AED 713 per sqft.
  • Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 34,000 to AED 30,000 in 2021 and recovered to AED 33,075 by December 2023.
  • At AED 33,075 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 5,600 a year (AED 9.51 per sqft).

Source: Dubai Land Department. Updated 10 December 2023.

Questions about 417, Al Khail Heights 4A-4B

What did unit 417 last sell for?

AED 423,682 on 30 June 2015, sold by the developer: AED 713 per sqft for 594 sqft. It is the only registered sale of the unit.

What is the rent for unit 417?

AED 33,075 a year on the contract renewed on 10 December 2023. The previous contract, from December 2022, was AED 31,500; the unit has been rented since November 2018.

How big is unit 417?

594 sqft (55.2 sqm): a studio on the 4th floor of a 4-storey tower completed in 2018.

What is unit 417 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 417, Al Khail Heights 4A-4B

Starts from the last sale price (AED 424K, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 423,682
Deposit, UAE resident (20%)
AED 84,736
Deposit, non-resident (40%)
AED 169,473
Monthly over 25 years at 3.7%
AED 1,733

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