Studio · 680 sqftAl Khail Heights 5A-5B, Al Quoz Fourth · 2nd floor · completed 2018

237, Al Khail Heights 5A-5B

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 237 · DLD and Ejari recordsUpdated 9 August 2024
Last soldAED 495K9 August 2024
Current rentAED 38K /yr29 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 237, Al Khail Heights 5A-5B

What is 237 worth today?

Last sold for AED 495,000 in 2024

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9 Aug 2024SoldReady
AED 495,000AED 728 per sqft
29 Feb 2024RentedNew contract
AED 38,000/yr12 months · AED 56 per sqft
3 Mar 2021SoldReady
AED 345,000AED 507 per sqft
1 Mar 2021RentedNew contract
AED 27,000/yr12 months · AED 40 per sqft
15 Jan 2020RentedNew contract
AED 34,000/yr12 months · AED 50 per sqft
1 Dec 2018RentedNew contract
AED 32,000/yr12 months · AED 47 per sqft
10 May 2015Sold by developerOff-plan
AED 492,600AED 724 per sqft

Source: Dubai Land Department. Updated 9 August 2024.

Key facts

Type
Studio apartment
Size
680 sqft
Floor
2nd of 4
Parking
G-1967
Developer
Al Khail Heights
Completed
2018
Service charge
AED 7,200 /yr
Last sold
AED 495K · August 2024

About 237, Al Khail Heights 5A-5B

237 is a studio of 680 sqft on the 2nd 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 9 August 2024 for AED 495,000, or AED 728 per sqft, in line with the AED 739 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 29 February 2024, is AED 38,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 7,200 a year.

Sales and rents for 237 over time

Sales
Unit 237, 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, May 2015: AED 492,600 (AED 724 per sqft)Sold, March 2021: AED 345,000 (AED 507 per sqft)Sold, August 2024: AED 495,000 (AED 728 per sqft)

237 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 237, each contractTypical studio in Al Khail Heights 5A-5B
40K2018202120242027Typical 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, December 2018: AED 32,000 a yearNew contract, January 2020: AED 34,000 a yearNew contract, March 2021: AED 27,000 a yearNew contract, February 2024: AED 38,000 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 237 sits

All 81 studios →

237 last sold in August 2024 at AED 728 per sqft, in line with what studios in Al Khail Heights 5A-5B were fetching at the time (AED 739). 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. 237's AED 38,000 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 2nd floor

All 190 units in Al Khail Heights 5A-5B
Value
201StudioAED 515K · Nov 2018
2021-bedAED 895K · Jan 2026
203StudioAED 508K · Apr 2016
2041-bedAED 850K · Jul 2026
205StudioAED 360K · Sep 2020
2061-bedAED 766K · May 2015
2073-bedAED 1.5M · May 2024
1–7 of 38

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

  • Sold 3 times: first on 10 May 2015 for AED 492,600, last on 9 August 2024 for AED 495,000 (AED 728 per sqft).
  • Rented since December 2018 on 4 Ejari contracts. The rent fell from AED 32,000 to AED 27,000 in 2021 and recovered to AED 38,000 by February 2024.
  • At AED 38,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 7,200 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 9 August 2024.

Questions about 237, Al Khail Heights 5A-5B

What did unit 237 last sell for?

AED 495,000 on 9 August 2024: AED 728 per sqft for 680 sqft. The unit has 3 registered sales; the first was AED 492,600 in May 2015.

What is the rent for unit 237?

AED 38,000 a year on the contract signed on 29 February 2024. The previous contract, from March 2021, was AED 27,000; the unit has been rented since December 2018.

How big is unit 237?

680 sqft (63.2 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2018.

What is unit 237 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 237, Al Khail Heights 5A-5B

Starts from the last sale price (AED 495K, 9 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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