2-bed · 1,528 sqftAl Khail Heights 8A-8B, Al Quoz Fourth · 1st floor · completed 2018

122, Al Khail Heights 8A-8B

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 1.18M15 August 2024
Current rentAED 90K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 122, Al Khail Heights 8A-8B

What is 122 worth today?

Last sold for AED 1,175,000 in 2024

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20 Nov 2024RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
15 Aug 2024SoldReady
AED 1,175,000AED 768 per sqft
1 Nov 2023RentedRenewal
AED 65,000/yr12 months · AED 43 per sqft
1 Nov 2022RentedRenewal
AED 62,000/yr12 months · AED 41 per sqft
1 Nov 2021RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
25 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
25 Oct 2019RentedRenewal
AED 72,000/yr13 months · AED 47 per sqft
25 Oct 2018RentedNew contract
AED 72,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
2-bed apartment
Size
1,528 sqft
Floor
1st of 4
Parking
G-1318
Developer
Al Khail Heights
Completed
2018
Service charge
AED 14,400 /yr
Last sold
AED 1.18M · August 2024

About 122, Al Khail Heights 8A-8B

122 is a two-bedroom apartment of 1,528 sqft on the 1st floor of Al Khail Heights 8A-8B, a 4-storey tower in Al Quoz Fourth completed in 2018 by Al Khail Heights. It last sold on 15 August 2024 for AED 1,175,000, or AED 768 per sqft, 20% above the AED 639 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 20 November 2024, is AED 90,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 14,400 a year.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical two-bed in Al Khail Heights 8A-8B
1M1.2M2015201820212024Typical sale price by year: 2015 AED 1,079,700; 2022 AED 880,000; 2023 AED 1,000,000Sold by developer, May 2015: AED 1,149,500 (AED 752 per sqft)Sold, August 2024: AED 1,175,000 (AED 768 per sqft)

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

Rents
Unit 122, each contractTypical two-bed in Al Khail Heights 8A-8B
60K80K2018202120242027Typical rent by year: 2018 AED 71,000; 2019 AED 70,000; 2020 AED 64,000; 2021 AED 60,000; 2022 AED 62,900; 2023 AED 71,500; 2024 AED 76,825; 2025 AED 90,000; 2026 AED 90,000New contract, October 2018: AED 72,000 a yearRenewal, October 2019: AED 72,000 a yearNew contract, November 2020: AED 60,000 a yearNew contract, November 2021: AED 60,000 a yearRenewal, November 2022: AED 62,000 a yearRenewal, November 2023: AED 65,000 a yearNew contract, November 2024: AED 90,000 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 8A-8B, and where 122 sits

All 25 2-beds →

122 last sold in August 2024 at AED 768 per sqft, 20% above what two-beds in Al Khail Heights 8A-8B were fetching at the time (AED 639). Over the last 12 months two-beds sold for AED 1,425,000 to 1,500,000, around AED 1,045 per sqft, and rent for AED 77,000 to 125,000 a year. 122's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Aug 20261,425,000
1 Apr 20261,500,000
7 Apr 20251,360,000
12 Mar 20241,170,000
2 2-bed sales in the last 12 months

Al Khail Heights 8A-8B

Building

190 apartments, studios to 3-bed over 4 floors in Al Quoz Fourth, completed in 2018 by Al Khail Heights. 17 sold in the last 12 months.

Typical price per sqft
AED 898 Up 3.3%
Typical sale
AED 950K
Typical rent
AED 54K /yr
Typical yield
7.7%
Al Khail Heights 8A-8B, Al Quoz Fourth: prices, sales and rents →

Other units on the 1st floor

All 190 units in Al Khail Heights 8A-8B
Value
101StudioAED 375K · Feb 2021
1021-bedAED 767K · Dec 2014
103StudioAED 650K · Dec 2025
1041-bedAED 650K · Sep 2022
105StudioAED 390K · Sep 2022
1061-bedAED 791K · Jun 2015
1073-bedAED 1.55M · Dec 2014
1–7 of 39

122, Al Khail Heights 8A-8B in numbers

  • Sold twice: first on 12 May 2015 for AED 1,149,500, last on 15 August 2024 for AED 1,175,000 (AED 768 per sqft).
  • Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 72,000 to AED 60,000 in 2021 and recovered to AED 90,000 by November 2024.
  • At AED 90,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 14,400 a year (AED 9.45 per sqft).
  • Two-beds in Al Khail Heights 8A-8B sold for AED 1,425,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 898 per sqft.

Source: Dubai Land Department. Updated 20 November 2024.

Questions about 122, Al Khail Heights 8A-8B

What did unit 122 last sell for?

AED 1,175,000 on 15 August 2024: AED 768 per sqft for 1,528 sqft. The unit has 2 registered sales; the first was AED 1,149,500 in May 2015.

What is the rent for unit 122?

AED 90,000 a year on the contract signed on 20 November 2024. The previous contract, from November 2023, was AED 65,000; the unit has been rented since October 2018.

How big is unit 122?

1,528 sqft (142.0 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2018.

What is unit 122 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Khail Heights 8A-8B sold for AED 1,425,000 to 1,500,000 in the last 12 months, around AED 1,045 per sqft.

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Mortgage on 122, Al Khail Heights 8A-8B

Starts from the last sale price (AED 1.18M, 15 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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