Studio · 579 sqftAl Khail Heights 7A-7B, Al Quoz Fourth · 1st floor · completed 2018

123, Al Khail Heights 7A-7B

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 123 · DLD and Ejari recordsUpdated 28 September 2024
Last soldAED 155K20 June 2018
Current rentAED 40K /yr28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 123, Al Khail Heights 7A-7B

What is 123 worth today?

Last sold for AED 155,082 in 2018

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28 Sep 2024RentedNew contract
AED 40,435/yr12 months · AED 70 per sqft
25 May 2024RentedRenewal
AED 36,000/yr12 months · AED 62 per sqft
23 May 2023RentedNew contract
AED 33,818/yr12 months · AED 58 per sqft
15 Apr 2021RentedNew contract
AED 28,000/yr12 months · AED 48 per sqft
1 Dec 2019RentedNew contract
AED 32,000/yr12 months · AED 55 per sqft
20 Jun 2018Sold by developerOff-plan · flagged as an outlier
AED 155,082AED 267 per sqft

Source: Dubai Land Department. Updated 28 September 2024.

Key facts

Type
Studio apartment
Size
579 sqft
Floor
1st of 4
Parking
G-1515
Developer
Al Khail Heights
Completed
2018
Service charge
AED 5,700 /yr
Last sold
AED 155K · June 2018

About 123, Al Khail Heights 7A-7B

123 is a studio of 579 sqft on the 1st floor of Al Khail Heights 7A-7B, a 4-storey tower in Al Quoz Fourth completed in 2018 by Al Khail Heights. The developer sold it on 20 June 2018 for AED 155,082, or AED 267 per sqft, 66% below the AED 776 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 28 September 2024, is AED 40,435 a year: a gross yield of 26.1% on the 2018 price, before the service charge of about AED 5,700 a year.

Sales and rents for 123 over time

Sales
Unit 123, each saleTypical studio in Al Khail Heights 7A-7B
400K600K20142017202020232026Typical sale price by year: 2014 AED 477,680; 2015 AED 485,231; 2016 AED 496,750; 2017 AED 492,352; 2018 AED 535,000; 2019 AED 347,500; 2020 AED 323,268; 2021 AED 360,000; 2022 AED 362,500; 2023 AED 400,000; 2024 AED 550,000; 2025 AED 575,000

No registered sale of 123; the dashed line is the studio median of each year in the building.

Rents
Unit 123, each contractTypical studio in Al Khail Heights 7A-7B
30K40K2018202120242027Typical rent by year: 2018 AED 35,000; 2019 AED 34,000; 2020 AED 30,000; 2021 AED 28,000; 2022 AED 31,500; 2023 AED 35,000; 2024 AED 41,790; 2025 AED 44,000; 2026 AED 45,000New contract, December 2019: AED 32,000 a yearNew contract, April 2021: AED 28,000 a yearNew contract, May 2023: AED 33,818 a yearRenewal, May 2024: AED 36,000 a yearNew contract, September 2024: AED 40,435 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 7A-7B, and where 123 sits

All 82 studios →

123 last sold in June 2018 at AED 267 per sqft, 66% below what studios in Al Khail Heights 7A-7B were fetching at the time (AED 776). Over the last 12 months studios sold for AED 575,000 to 700,000, around AED 976 per sqft, and rent for AED 35,000 to 72,000 a year. 123's AED 40,435 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Jul 2026575,000
17 Feb 2026700,000
6 Oct 2025630,000
18 Sep 2025480,000
2 studio sales in the last 12 months

Al Khail Heights 7A-7B

Building

190 apartments, studios to 3-bed over 4 floors in Al Quoz Fourth, completed in 2018 by Al Khail Heights. 13 sold in the last 12 months.

Typical price per sqft
AED 921 Up 14.6%
Typical sale
AED 950K
Typical rent
AED 50K /yr
Typical yield
7.6%
Al Khail Heights 7A-7B, Al Quoz Fourth: prices, sales and rents →

Other units on the 1st floor

All 190 units in Al Khail Heights 7A-7B
Value
101StudioAED 600K · Sep 2025
1021-bedAED 767K · Dec 2014
103StudioAED 375K · May 2021
1041-bedAED 803K · Mar 2017
105StudioAED 493K · Mar 2016
1061-bedAED 600K · Nov 2022
1073-bedAED 1.55M · Dec 2014
1–7 of 39

123, Al Khail Heights 7A-7B in numbers

  • Sold once: by Al Khail Heights on 20 June 2018 for AED 155,082, or AED 267 per sqft.
  • Rented since December 2019 on 5 Ejari contracts. The rent fell from AED 32,000 to AED 28,000 in 2021 and recovered to AED 40,435 by September 2024.
  • At AED 40,435 a year the gross yield on the 2018 price is 26.1%, before a service charge of about AED 5,700 a year (AED 9.88 per sqft).
  • Studios in Al Khail Heights 7A-7B sold for AED 575,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 921 per sqft.

Source: Dubai Land Department. Updated 28 September 2024.

Questions about 123, Al Khail Heights 7A-7B

What did unit 123 last sell for?

AED 155,082 on 20 June 2018, sold by the developer: AED 267 per sqft for 579 sqft. It is the only registered sale of the unit.

What is the rent for unit 123?

AED 40,435 a year on the contract signed on 28 September 2024. The previous contract, from May 2024, was AED 36,000; the unit has been rented since December 2019.

How big is unit 123?

579 sqft (53.8 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 7A-7B sold for AED 575,000 to 700,000 in the last 12 months, around AED 976 per sqft.

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Mortgage on 123, Al Khail Heights 7A-7B

Starts from the last sale price (AED 155K, 20 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 155,082
Deposit, UAE resident (20%)
AED 31,016
Deposit, non-resident (40%)
AED 62,033
Monthly over 25 years at 3.7%
AED 634

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