Studio · 580 sqftAl Khail Heights 5A-5B, Al Quoz Fourth · 1st floor · completed 2018

123, Al Khail Heights 5A-5B

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 123 · DLD and Ejari recordsUpdated 26 July 2023
Last soldAED 385K26 July 2023
Current rentAED 32K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 123, Al Khail Heights 5A-5B

What is 123 worth today?

Last sold for AED 385,000 in 2023

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26 Jul 2023SoldReady
AED 385,000AED 664 per sqft
1 Nov 2022RentedNew contract
AED 32,000/yr12 months · AED 55 per sqft
1 Nov 2021RentedRenewal
AED 32,000/yr12 months · AED 55 per sqft
1 Nov 2020RentedRenewal
AED 32,000/yr12 months · AED 55 per sqft
1 Nov 2019RentedRenewal
AED 32,000/yr12 months · AED 55 per sqft
1 Nov 2018RentedNew contract
AED 32,000/yr12 months · AED 55 per sqft
11 Jun 2015Sold by developerOff-plan
AED 489,600AED 844 per sqft

Source: Dubai Land Department. Updated 26 July 2023.

Key facts

Type
Studio apartment
Size
580 sqft
Floor
1st of 4
Parking
G-1911
Developer
Al Khail Heights
Completed
2018
Service charge
AED 6,200 /yr
Last sold
AED 385K · July 2023

About 123, Al Khail Heights 5A-5B

123 is a studio of 580 sqft on the 1st floor of Al Khail Heights 5A-5B, a 4-storey tower in Al Quoz Fourth completed in 2018 by Al Khail Heights. It last sold on 26 July 2023 for AED 385,000, or AED 664 per sqft, in line with the AED 664 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 November 2022, is AED 32,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 6,200 a year.

Sales and rents for 123 over time

Sales
Unit 123, each saleTypical studio in Al Khail Heights 5A-5B
400K600K2014201820222026Typical sale price by year: 2014 AED 476,400; 2015 AED 489,600; 2016 AED 525,551; 2017 AED 498,700; 2018 AED 500,000; 2019 AED 387,500; 2020 AED 340,000; 2021 AED 346,636; 2023 AED 397,500; 2024 AED 499,000; 2025 AED 572,500; 2026 AED 600,000Sold by developer, June 2015: AED 489,600 (AED 844 per sqft)Sold, July 2023: AED 385,000 (AED 664 per sqft)

123 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 123, each contractTypical studio in Al Khail Heights 5A-5B
30K40K50K2018202120242027Typical rent by year: 2018 AED 35,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 28,000; 2022 AED 32,000; 2023 AED 36,000; 2024 AED 43,000; 2025 AED 47,000; 2026 AED 50,000New contract, November 2018: AED 32,000 a yearRenewal, November 2019: AED 32,000 a yearRenewal, November 2020: AED 32,000 a yearRenewal, November 2021: AED 32,000 a yearNew contract, November 2022: AED 32,000 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 5A-5B, and where 123 sits

All 81 studios →

123 last sold in July 2023 at AED 664 per sqft, in line with what studios in Al Khail Heights 5A-5B were fetching at the time (AED 664). Over the last 12 months studios sold for AED 420,000 to 680,000, around AED 972 per sqft, and rent for AED 25,000 to 66,000 a year. 123's AED 32,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Oct 2026420,000
18 Sep 2026680,000
7 Sep 2026620,000
1 Sep 2026600,000
7 studio sales in the last 12 months

Al Khail Heights 5A-5B

Building

190 apartments, studios to 3-bed over 4 floors in Al Quoz Fourth, completed in 2018 by Al Khail Heights. 16 sold in the last 12 months.

Typical price per sqft
AED 950 Up 14.7%
Typical sale
AED 823K
Typical rent
AED 55K /yr
Typical yield
7.2%
Al Khail Heights 5A-5B, Al Quoz Fourth: prices, sales and rents →

Other units on the 1st floor

All 190 units in Al Khail Heights 5A-5B
Value
101StudioAED 600K · Sep 2026
1021-bedAED 875K · Jul 2025
103StudioAED 680K · Sep 2026
1041-bedAED 804K · Aug 2016
105StudioAED 493K · Aug 2015
1061-bedAED 791K · Dec 2014
1073-bedAED 1.55M · Apr 2015
1–7 of 39

123, Al Khail Heights 5A-5B in numbers

  • Sold twice: first on 11 June 2015 for AED 489,600, last on 26 July 2023 for AED 385,000 (AED 664 per sqft).
  • Rented since November 2018 on 5 Ejari contracts, at AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 6,200 a year (AED 10.61 per sqft).
  • Studios in Al Khail Heights 5A-5B sold for AED 420,000–680,000 in the 12 months to November 2026; the building's median across all types is AED 950 per sqft.

Source: Dubai Land Department. Updated 26 July 2023.

Questions about 123, Al Khail Heights 5A-5B

What did unit 123 last sell for?

AED 385,000 on 26 July 2023: AED 664 per sqft for 580 sqft. The unit has 2 registered sales; the first was AED 489,600 in June 2015.

What is the rent for unit 123?

AED 32,000 a year on the contract signed on 1 November 2022. The previous contract, from November 2021, was AED 32,000; the unit has been rented since November 2018.

How big is unit 123?

580 sqft (53.9 sqm): a studio on the 1st floor of a 4-storey tower completed in 2018.

What is unit 123 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Khail Heights 5A-5B sold for AED 420,000 to 680,000 in the last 12 months, around AED 972 per sqft.

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Mortgage on 123, Al Khail Heights 5A-5B

Starts from the last sale price (AED 385K, 26 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

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