Studio · 400 sqftAl Khail Heights 8A-8B, Al Quoz Fourth · 4th floor · completed 2018

423, Al Khail Heights 8A-8B

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

Unit 423 · DLD and Ejari recordsUpdated 25 December 2024
Last soldAED 430K14 October 2024
Current rentAED 40K /yr25 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Al Khail Heights 8A-8B

What is 423 worth today?

Last sold for AED 430,000 in 2024

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25 Dec 2024RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft
14 Oct 2024SoldReady
AED 430,000AED 1,075 per sqft
1 Dec 2021RentedNew contract
AED 25,910/yr13 months · AED 65 per sqft
1 Sep 2021RentedNew contract
AED 26,400/yr6 months · AED 66 per sqft
1 Sep 2020RentedRenewal
AED 28,000/yr12 months · AED 70 per sqft
1 Sep 2019RentedRenewal
AED 36,000/yr12 months · AED 90 per sqft
1 Sep 2018RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft
27 Jul 2015Sold by developerOff-plan
AED 371,000AED 927 per sqft

Source: Dubai Land Department. Updated 25 December 2024.

Key facts

Type
Studio apartment
Size
400 sqft
Floor
4th of 4
Parking
G-1442
Developer
Al Khail Heights
Completed
2018
Service charge
AED 3,800 /yr
Last sold
AED 430K · October 2024

About 423, Al Khail Heights 8A-8B

423 is a studio of 400 sqft on the 4th 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 14 October 2024 for AED 430,000, or AED 1,075 per sqft, 36% above the AED 788 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 25 December 2024, is AED 40,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 3,800 a year.

Sales and rents for 423 over time

Sales
Unit 423, each saleTypical studio in Al Khail Heights 8A-8B
400K600K20142017202020232026Typical sale price by year: 2014 AED 476,000; 2015 AED 492,981; 2016 AED 480,100; 2017 AED 511,100; 2019 AED 325,000; 2021 AED 355,000; 2022 AED 373,500; 2024 AED 480,000; 2025 AED 565,000Sold by developer, July 2015: AED 371,000 (AED 927 per sqft)Sold, October 2024: AED 430,000 (AED 1,075 per sqft)

423 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 423, each contractTypical studio in Al Khail Heights 8A-8B
30K40K50K2018202120242027Typical rent by year: 2018 AED 35,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 28,000; 2022 AED 32,000; 2023 AED 35,000; 2024 AED 41,000; 2025 AED 42,000; 2026 AED 47,000New contract, September 2018: AED 36,000 a yearRenewal, September 2019: AED 36,000 a yearRenewal, September 2020: AED 28,000 a yearNew contract, September 2021: AED 26,400 a yearNew contract, December 2021: AED 25,910 a yearNew contract, December 2024: AED 40,000 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 8A-8B, and where 423 sits

All 82 studios →

423 last sold in October 2024 at AED 1,075 per sqft, 36% above what studios in Al Khail Heights 8A-8B were fetching at the time (AED 788). Over the last 12 months studios sold for AED 495,000 to 900,000, around AED 1,058 per sqft, and rent for AED 38,202 to 72,000 a year. 423's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
12 Jun 2026900,000
2 Feb 2026495,000
22 Dec 2025650,000
26 Nov 2025650,000
4 studio 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 4th floor

All 190 units in Al Khail Heights 8A-8B
Value
4012-bedAED 1.36M · Apr 2025
4022-bedAED 1.03M · Jul 2015
403StudioAED 387K · Mar 2018
4041-bedAED 620K · Feb 2024
4052-bedAED 1.06M · Apr 2016
406StudioAED 520K · Oct 2016
4071-bedAED 791K · Jul 2015
1–7 of 36

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

  • Sold twice: first on 27 July 2015 for AED 371,000, last on 14 October 2024 for AED 430,000 (AED 1,075 per sqft).
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 36,000 to AED 25,910 in 2021 and recovered to AED 40,000 by December 2024.
  • At AED 40,000 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 3,800 a year (AED 9.45 per sqft).
  • Studios in Al Khail Heights 8A-8B sold for AED 495,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 898 per sqft.

Source: Dubai Land Department. Updated 25 December 2024.

Questions about 423, Al Khail Heights 8A-8B

What did unit 423 last sell for?

AED 430,000 on 14 October 2024: AED 1,075 per sqft for 400 sqft. The unit has 2 registered sales; the first was AED 371,000 in July 2015.

What is the rent for unit 423?

AED 40,000 a year on the contract signed on 25 December 2024. The previous contract, from December 2021, was AED 25,910; the unit has been rented since September 2018.

How big is unit 423?

400 sqft (37.2 sqm): a studio on the 4th floor of a 4-storey tower completed in 2018.

What is unit 423 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 8A-8B sold for AED 495,000 to 900,000 in the last 12 months, around AED 1,058 per sqft.

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Mortgage on 423, Al Khail Heights 8A-8B

Starts from the last sale price (AED 430K, 14 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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