Studio · 516 sqftAl Khail Heights 5A-5B, Al Quoz Fourth · 2nd floor · completed 2018

240, Al Khail Heights 5A-5B

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 240 · DLD and Ejari recordsUpdated 23 January 2026
Last soldAED 436K22 December 2014
Current rentAED 25K /yr23 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 240, Al Khail Heights 5A-5B

What is 240 worth today?

Last sold for AED 436,274 in 2014

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23 Jan 2026RentedRenewal
AED 25,000/yr12 months · AED 48 per sqft
23 Jan 2025RentedRenewal
AED 25,000/yr12 months · AED 48 per sqft
23 Jan 2024RentedRenewal
AED 25,000/yr12 months · AED 48 per sqft
23 Jan 2023RentedRenewal
AED 25,000/yr12 months · AED 48 per sqft
23 Jan 2022RentedRenewal
AED 25,000/yr12 months · AED 48 per sqft
23 Jan 2021RentedNew contract
AED 25,000/yr12 months · AED 48 per sqft
1 Dec 2018RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft
22 Dec 2014Sold by developerOff-plan
AED 436,274AED 844 per sqft

Source: Dubai Land Department. Updated 23 January 2026.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
2nd of 4
Parking
G-1970
Developer
Al Khail Heights
Completed
2018
Service charge
AED 5,500 /yr
Last sold
AED 436K · December 2014

About 240, Al Khail Heights 5A-5B

240 is a studio of 516 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. The developer sold it on 22 December 2014 for AED 436,274, or AED 844 per sqft, 10% above the AED 764 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 23 January 2026, is AED 25,000 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 5,500 a year.

Sales and rents for 240 over time

Sales
Unit 240, 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, December 2014: AED 436,274 (AED 844 per sqft)

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

Rents
Unit 240, 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 2021: AED 25,000 a yearRenewal, January 2022: AED 25,000 a yearRenewal, January 2023: AED 25,000 a yearRenewal, January 2024: AED 25,000 a yearRenewal, January 2025: AED 25,000 a yearRenewal, January 2026: AED 25,000 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 240 sits

All 81 studios →

240 last sold in December 2014 at AED 844 per sqft, 10% above what studios in Al Khail Heights 5A-5B were fetching at the time (AED 764). 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. 240's AED 25,000 is at the bottom 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

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

  • Sold once: by Al Khail Heights on 22 December 2014 for AED 436,274, or AED 844 per sqft.
  • Rented since December 2018 on 7 Ejari contracts, from AED 32,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 5,500 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 23 January 2026.

Questions about 240, Al Khail Heights 5A-5B

What did unit 240 last sell for?

AED 436,274 on 22 December 2014, sold by the developer: AED 844 per sqft for 516 sqft. It is the only registered sale of the unit.

What is the rent for unit 240?

AED 25,000 a year on the contract renewed on 23 January 2026. The previous contract, from January 2025, was AED 25,000; the unit has been rented since December 2018.

How big is unit 240?

516 sqft (47.9 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2018.

What is unit 240 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 240, Al Khail Heights 5A-5B

Starts from the last sale price (AED 436K, 22 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 436,274
Deposit, UAE resident (20%)
AED 87,255
Deposit, non-resident (40%)
AED 174,510
Monthly over 25 years at 3.7%
AED 1,785

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