1-bed · 845 sqftAl Khail Heights 5A-5B, Al Quoz Fourth · 4th floor · completed 2018

424, Al Khail Heights 5A-5B

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 5 August 2023
Last soldAED 550K10 October 2022
Current rentAED 46K /yr5 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Al Khail Heights 5A-5B

What is 424 worth today?

Last sold for AED 550,000 in 2022

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5 Aug 2023RentedNew contract
AED 46,000/yr12 months · AED 54 per sqft
10 Oct 2022SoldReady
AED 550,000AED 650 per sqft
5 Aug 2022RentedNew contract
AED 41,000/yr12 months · AED 48 per sqft
1 Jun 2021RentedRenewal
AED 40,000/yr12 months · AED 47 per sqft
1 Jun 2020RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
15 Dec 2018RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
11 Mar 2015Sold by developerOff-plan
AED 724,500AED 857 per sqft

Source: Dubai Land Department. Updated 5 August 2023.

Key facts

Type
1-bed apartment
Size
845 sqft
Floor
4th of 4
Parking
G-2036
Developer
Al Khail Heights
Completed
2018
Service charge
AED 9,000 /yr
Last sold
AED 550K · October 2022

About 424, Al Khail Heights 5A-5B

424 is a one-bedroom apartment of 845 sqft on the 4th 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 10 October 2022 for AED 550,000, or AED 650 per sqft, 12% above the AED 578 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 5 August 2023, is AED 46,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 9,000 a year.

Sales and rents for 424 over time

Sales
Unit 424, each saleTypical one-bed in Al Khail Heights 5A-5B
600K800K2014201820222026Typical sale price by year: 2014 AED 796,518; 2015 AED 806,700; 2016 AED 809,271; 2017 AED 834,830; 2018 AED 797,300; 2019 AED 607,500; 2020 AED 535,000; 2021 AED 585,000; 2022 AED 600,000; 2023 AED 695,000; 2024 AED 840,000; 2025 AED 867,500; 2026 AED 895,000Sold by developer, March 2015: AED 724,500 (AED 857 per sqft)Sold, October 2022: AED 550,000 (AED 650 per sqft)

424 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 424, each contractTypical one-bed in Al Khail Heights 5A-5B
40K60K2018202120242027Typical rent by year: 2018 AED 48,000; 2019 AED 48,000; 2020 AED 44,000; 2021 AED 42,000; 2022 AED 44,000; 2023 AED 49,250; 2024 AED 55,000; 2025 AED 58,500; 2026 AED 69,600New contract, December 2018: AED 45,000 a yearNew contract, June 2020: AED 40,000 a yearRenewal, June 2021: AED 40,000 a yearNew contract, August 2022: AED 41,000 a yearNew contract, August 2023: AED 46,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Khail Heights 5A-5B, and where 424 sits

All 81 1-beds →

424 last sold in October 2022 at AED 650 per sqft, 12% above what one-beds in Al Khail Heights 5A-5B were fetching at the time (AED 578). Over the last 12 months one-beds sold for AED 820,000 to 1,100,000, around AED 924 per sqft, and rent for AED 23,333 to 90,000 a year. 424's AED 46,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,100,000
3 Jul 2026850,000
16 Mar 2026820,000
17 Feb 2026880,000
9 1-bed 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 4th floor

All 190 units in Al Khail Heights 5A-5B
Value
4012-bedAED 1.08M · Jan 2015
4022-bedAED 1.1M · Mar 2020
403StudioAED 351K · Jan 2017
4041-bedAED 729K · Aug 2015
4052-bedAED 890K · May 2019
406StudioAED 550K · Dec 2024
4071-bedAED 600K · Oct 2022
1–7 of 36

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

  • Sold twice: first on 11 March 2015 for AED 724,500, last on 10 October 2022 for AED 550,000 (AED 650 per sqft).
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 40,000 in 2021 and recovered to AED 46,000 by August 2023.
  • At AED 46,000 a year the gross yield on the 2022 price is 8.4%, before a service charge of about AED 9,000 a year (AED 10.61 per sqft).
  • One-beds in Al Khail Heights 5A-5B sold for AED 820,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 950 per sqft.

Source: Dubai Land Department. Updated 5 August 2023.

Questions about 424, Al Khail Heights 5A-5B

What did unit 424 last sell for?

AED 550,000 on 10 October 2022: AED 650 per sqft for 845 sqft. The unit has 2 registered sales; the first was AED 724,500 in March 2015.

What is the rent for unit 424?

AED 46,000 a year on the contract signed on 5 August 2023. The previous contract, from August 2022, was AED 41,000; the unit has been rented since December 2018.

How big is unit 424?

845 sqft (78.5 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2018.

What is unit 424 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Khail Heights 5A-5B sold for AED 820,000 to 1,100,000 in the last 12 months, around AED 924 per sqft.

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Mortgage on 424, Al Khail Heights 5A-5B

Starts from the last sale price (AED 550K, 10 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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