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2-bed · 1,213 sqftAl Khail Heights 5A-5B, Al Quoz Fourth · 4th floor · completed 2018

429, Al Khail Heights 5A-5B

Sold prices and rental history: sold once, by the developer in April 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 429 · DLD and Ejari recordsUpdated 1 January 2020
Last soldAED 980K26 April 2016
Current rentAED 62K /yr1 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 429, Al Khail Heights 5A-5B

What is 429 worth today?

Last sold for AED 980,000 in 2016

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1 Jan 2020RentedRenewal
AED 62,000/yr12 months · AED 51 per sqft
1 Jan 2019RentedNew contract
AED 62,000/yr12 months · AED 51 per sqft
26 Apr 2016Sold by developerOff-plan
AED 980,000AED 807 per sqft

Source: Dubai Land Department. Updated 1 January 2020.

Key facts

Type
2-bed apartment
Size
1,213 sqft
Floor
4th of 4
Parking
G-2041
Developer
Al Khail Heights
Completed
2018
Service charge
AED 12,900 /yr
Last sold
AED 980K · April 2016
Building
Al Khail Heights 5A-5B

About 429, Al Khail Heights 5A-5B

429 is a two-bedroom apartment of 1,213 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. The developer sold it on 26 April 2016 for AED 980,000, or AED 807 per sqft, 5% above the AED 765 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 1 January 2020, is AED 62,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 12,900 a year.

Sales and rents for 429 over time

Sales
Unit 429, each saleTypical two-bed in Al Khail Heights 5A-5B
1M1.1M201520162017Typical sale price by year: 2015 AED 1,101,750; 2016 AED 1,046,400Sold by developer, April 2016: AED 980,000 (AED 807 per sqft)

429 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 429, each contractTypical two-bed in Al Khail Heights 5A-5B
60K80K2018202120242027Typical rent by year: 2018 AED 74,000; 2019 AED 65,000; 2020 AED 62,500; 2021 AED 61,000; 2022 AED 65,000; 2023 AED 71,000; 2024 AED 87,500; 2025 AED 90,000; 2026 AED 90,500New contract, January 2019: AED 62,000 a yearRenewal, January 2020: AED 62,000 a year

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

2-beds in Al Khail Heights 5A-5B, and where 429 sits

All 25 2-beds →

429 last sold in April 2016 at AED 807 per sqft, 5% above what two-beds in Al Khail Heights 5A-5B were fetching at the time (AED 765). 429's AED 62,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 May 20251,350,000
16 Sep 20241,410,000
30 Apr 20241,220,000
3 Nov 20231,150,000
0 2-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

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

  • Sold once: by Al Khail Heights on 26 April 2016 for AED 980,000, or AED 807 per sqft.
  • Rented since January 2019 on 2 Ejari contracts, at AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 12,900 a year (AED 10.61 per sqft).

Source: Dubai Land Department. Updated 1 January 2020.

Questions about 429, Al Khail Heights 5A-5B

What did unit 429 last sell for?

AED 980,000 on 26 April 2016, sold by the developer: AED 807 per sqft for 1,213 sqft. It is the only registered sale of the unit.

What is the rent for unit 429?

AED 62,000 a year on the contract renewed on 1 January 2020. The previous contract, from January 2019, was AED 62,000.

How big is unit 429?

1,213 sqft (112.7 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2018.

What is unit 429 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 429, Al Khail Heights 5A-5B

Starts from the last sale price (AED 980K, 26 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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