2-bed · 1,974 sqftAl Khail Heights 8A-8B, Al Quoz Fourth · 1st floor · completed 2018

124, Al Khail Heights 8A-8B

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 6 October 2023
Last soldAED 1.05M6 October 2023
Current rentAED 60K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 124, Al Khail Heights 8A-8B

What is 124 worth today?

Last sold for AED 1,050,000 in 2023

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6 Oct 2023SoldReady
AED 1,050,000AED 532 per sqft
1 Jan 2023RentedRenewal
AED 60,000/yr12 months · AED 30 per sqft
1 Jan 2022RentedRenewal
AED 60,000/yr12 months · AED 30 per sqft
1 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 30 per sqft
21 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 35 per sqft
21 Sep 2018RentedNew contract
AED 75,202/yr12 months · AED 38 per sqft
10 May 2015Sold by developerOff-plan
AED 1,240,200AED 628 per sqft

Source: Dubai Land Department. Updated 6 October 2023.

Key facts

Type
2-bed apartment
Size
1,974 sqft
Floor
1st of 4
Parking
G-1320
Developer
Al Khail Heights
Completed
2018
Service charge
AED 18,700 /yr
Last sold
AED 1.05M · October 2023

About 124, Al Khail Heights 8A-8B

124 is a two-bedroom apartment of 1,974 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 6 October 2023 for AED 1,050,000, or AED 532 per sqft, 11% below the AED 597 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 60,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 18,700 a year.

Sales and rents for 124 over time

Sales
Unit 124, 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 1,240,200 (AED 628 per sqft)Sold, October 2023: AED 1,050,000 (AED 532 per sqft)

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

Rents
Unit 124, 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, September 2018: AED 75,202 a yearNew contract, September 2019: AED 70,000 a yearNew contract, January 2021: AED 60,000 a yearRenewal, January 2022: AED 60,000 a yearRenewal, January 2023: AED 60,000 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 124 sits

All 25 2-beds →

124 last sold in October 2023 at AED 532 per sqft, 11% below what two-beds in Al Khail Heights 8A-8B were fetching at the time (AED 597). 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. 124's AED 60,000 is at the bottom 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
15 Aug 20241,175,000
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

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

  • Sold twice: first on 10 May 2015 for AED 1,240,200, last on 6 October 2023 for AED 1,050,000 (AED 532 per sqft).
  • Rented since September 2018 on 5 Ejari contracts, from AED 75,202 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 18,700 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 6 October 2023.

Questions about 124, Al Khail Heights 8A-8B

What did unit 124 last sell for?

AED 1,050,000 on 6 October 2023: AED 532 per sqft for 1,974 sqft. The unit has 2 registered sales; the first was AED 1,240,200 in May 2015.

What is the rent for unit 124?

AED 60,000 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 60,000; the unit has been rented since September 2018.

How big is unit 124?

1,974 sqft (183.4 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2018.

What is unit 124 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 124, Al Khail Heights 8A-8B

Starts from the last sale price (AED 1.05M, 6 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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