Studio · 516 sqftAl Khail Heights 7A-7B, Al Quoz Fourth · 2nd floor · completed 2018

240, Al Khail Heights 7A-7B

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 240 · DLD and Ejari recordsUpdated 5 August 2025
Last soldAED 138K20 June 2018
Current rentAED 50K /yr5 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 240, Al Khail Heights 7A-7B

What is 240 worth today?

Last sold for AED 138,251 in 2018

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5 Aug 2025RentedNew contract
AED 50,000/yr12 months · AED 97 per sqft
23 Oct 2023RentedNew contract
AED 35,000/yr12 months · AED 68 per sqft
25 Jan 2023RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft
20 Dec 2022RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft
27 Mar 2022RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
15 Jan 2021RentedRenewal
AED 29,000/yr12 months · AED 56 per sqft
15 Jan 2020RentedNew contract
AED 32,500/yr12 months · AED 63 per sqft
20 Jun 2018Sold by developerOff-plan · flagged as an outlier
AED 138,251AED 267 per sqft

Source: Dubai Land Department. Updated 5 August 2025.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
2nd of 4
Parking
G-1574
Developer
Al Khail Heights
Completed
2018
Service charge
AED 5,100 /yr
Last sold
AED 138K · June 2018

About 240, Al Khail Heights 7A-7B

240 is a studio of 516 sqft on the 2nd 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 138,251, 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 2020 on 7 Ejari contracts. The current contract, signed on 5 August 2025, is AED 50,000 a year: a gross yield of 36.2% on the 2018 price, before the service charge of about AED 5,100 a year.

Sales and rents for 240 over time

Sales
Unit 240, 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 240; the dashed line is the studio median of each year in the building.

Rents
Unit 240, each contractTypical studio in Al Khail Heights 7A-7B
30K40K50K2018202120242027Typical 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, January 2020: AED 32,500 a yearRenewal, January 2021: AED 29,000 a yearNew contract, March 2022: AED 30,000 a yearNew contract, December 2022: AED 32,000 a yearNew contract, January 2023: AED 33,000 a yearNew contract, October 2023: AED 35,000 a yearNew contract, August 2025: AED 50,000 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 7A-7B, and where 240 sits

All 82 studios →

240 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. 240's AED 50,000 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 2nd floor

All 190 units in Al Khail Heights 7A-7B
Value
201StudioAED 320K · Mar 2023
2021-bedAED 350K · Dec 2018
203StudioAED 508K · May 2015
2041-bedAED 708K · Apr 2016
205StudioAED 365K · Jan 2022
2061-bedAED 570K · Mar 2019
2073-bedAED 1.51M · Mar 2017
1–7 of 39

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

  • Sold once: by Al Khail Heights on 20 June 2018 for AED 138,251, or AED 267 per sqft.
  • Rented since January 2020 on 7 Ejari contracts. The rent fell from AED 32,500 to AED 29,000 in 2021 and recovered to AED 50,000 by August 2025.
  • At AED 50,000 a year the gross yield on the 2018 price is 36.2%, before a service charge of about AED 5,100 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 5 August 2025.

Questions about 240, Al Khail Heights 7A-7B

What did unit 240 last sell for?

AED 138,251 on 20 June 2018, sold by the developer: AED 267 per sqft for 516 sqft. It is the only registered sale of the unit.

What is the rent for unit 240?

AED 50,000 a year on the contract signed on 5 August 2025. The previous contract, from October 2023, was AED 35,000; the unit has been rented since January 2020.

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 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 240, Al Khail Heights 7A-7B

Starts from the last sale price (AED 138K, 20 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 138,251
Deposit, UAE resident (20%)
AED 27,650
Deposit, non-resident (40%)
AED 55,300
Monthly over 25 years at 3.7%
AED 566

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