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Studio · 746 sqftAl Khail Heights 4A-4B, Al Quoz Fourth · Ground floor · completed 2018

G22, 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 G22 · DLD and Ejari recordsUpdated 27 September 2023
Last soldAED 550K20 September 2016
Current rentAED 36K /yr27 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G22, Al Khail Heights 4A-4B

What is G22 worth today?

Last sold for AED 550,265 in 2016

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27 Sep 2023RentedRenewal
AED 36,000/yr12 months · AED 48 per sqft
27 Sep 2022RentedNew contract
AED 32,000/yr12 months · AED 43 per sqft
1 Feb 2021RentedNew contract
AED 27,000/yr12 months · AED 36 per sqft
6 Nov 2018RentedNew contract
AED 35,000/yr12 months · AED 47 per sqft
20 Sep 2016Sold by developerOff-plan
AED 550,265AED 737 per sqft

Source: Dubai Land Department. Updated 27 September 2023.

Key facts

Type
Studio apartment
Size
746 sqft
Floor
Ground of 4
Parking
G-2072
Developer
Al Khail Heights
Completed
2018
Service charge
AED 7,100 /yr
Last sold
AED 550K · September 2016
Building
Al Khail Heights 4A-4B

About G22, Al Khail Heights 4A-4B

G22 is a studio of 746 sqft on the ground 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 550,265, or AED 737 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, renewed on 27 September 2023, is AED 36,000 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 7,100 a year.

Sales and rents for G22 over time

Sales
Unit G22, each saleTypical studio in Al Khail Heights 4A-4B
500K201520162017Typical sale price by year: 2015 AED 455,994; 2016 AED 430,684Sold by developer, September 2016: AED 550,265 (AED 737 per sqft)

G22 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit G22, 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 35,000 a yearNew contract, February 2021: AED 27,000 a yearNew contract, September 2022: AED 32,000 a yearRenewal, September 2023: AED 36,000 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 G22 sits

All 82 studios →

G22 last sold in September 2016 at AED 737 per sqft, in line with what studios in Al Khail Heights 4A-4B were fetching at the time (AED 745). G22's AED 36,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Sep 2016407,893
20 Sep 2016312,607
20 Sep 2016526,925
20 Sep 2016385,187
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 ground floor

All 191 units in Al Khail Heights 4A-4B
Value
G01StudioAED 494K · Jun 2015
G021-bedAED 763K · Jun 2015
G03StudioAED 464K · Jun 2015
G041-bedAED 785K · Jun 2015
G053-bedAED 1.44M · Jun 2015
G06StudioAED 580K · Jun 2015
G071-bedAED 855K · Jun 2015
1–7 of 32

G22, Al Khail Heights 4A-4B in numbers

  • Sold once: by Al Khail Heights on 20 September 2016 for AED 550,265, or AED 737 per sqft.
  • Rented since November 2018 on 4 Ejari contracts. The rent fell from AED 35,000 to AED 27,000 in 2021 and recovered to AED 36,000 by September 2023.
  • At AED 36,000 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 7,100 a year (AED 9.51 per sqft).

Source: Dubai Land Department. Updated 27 September 2023.

Questions about G22, Al Khail Heights 4A-4B

What did unit G22 last sell for?

AED 550,265 on 20 September 2016, sold by the developer: AED 737 per sqft for 746 sqft. It is the only registered sale of the unit.

What is the rent for unit G22?

AED 36,000 a year on the contract renewed on 27 September 2023. The previous contract, from September 2022, was AED 32,000; the unit has been rented since November 2018.

How big is unit G22?

746 sqft (69.3 sqm): a studio on the ground floor of a 4-storey tower completed in 2018.

What is unit G22 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 G22, Al Khail Heights 4A-4B

Starts from the last sale price (AED 550K, 20 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 550,265
Deposit, UAE resident (20%)
AED 110,053
Deposit, non-resident (40%)
AED 220,106
Monthly over 25 years at 3.7%
AED 2,251

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