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Studio · 516 sqftAl Khail Heights 9A-9B, Al Quoz Fourth · 2nd floor · completed 2018

240, Al Khail Heights 9A-9B

Sold prices and rental history: sold once, by the developer in April 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 240 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 468K22 April 2015
Current rentAED 40K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 240, Al Khail Heights 9A-9B

What is 240 worth today?

Last sold for AED 467,624 in 2015

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1 Aug 2026RentedRenewal
AED 40,000/yr12 months · AED 77 per sqft
1 Aug 2025RentedRenewal
AED 38,000/yr12 months · AED 74 per sqft
1 Aug 2024RentedRenewal
AED 35,000/yr12 months · AED 68 per sqft
1 Aug 2023RentedRenewal
AED 31,500/yr12 months · AED 61 per sqft
1 Aug 2022RentedRenewal
AED 30,000/yr12 months · AED 58 per sqft
1 Aug 2020RentedNew contract
AED 28,000/yr12 months · AED 54 per sqft
1 Nov 2019RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
2 Nov 2018RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
2nd of 4
Parking
G-1178
Developer
Al Khail Heights
Completed
2018
Service charge
AED 5,400 /yr
Last sold
AED 468K · April 2015
Building
Al Khail Heights 9A-9B

About 240, Al Khail Heights 9A-9B

240 is a studio of 516 sqft on the 2nd floor of Al Khail Heights 9A-9B, a 4-storey tower in Al Quoz Fourth completed in 2018 by Al Khail Heights. The developer sold it on 22 April 2015 for AED 467,624, or AED 905 per sqft, 4% above the AED 873 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 40,000 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 5,400 a year.

Sales and rents for 240 over time

Sales
Unit 240, each saleTypical studio in Al Khail Heights 9A-9B
200K400K600K20152018202120242027Typical sale price by year: 2015 AED 479,952; 2016 AED 515,568; 2017 AED 624,444; 2018 AED 606,816; 2019 AED 227,813; 2020 AED 322,165; 2021 AED 300,000; 2022 AED 390,000; 2023 AED 382,500; 2025 AED 492,500; 2026 AED 650,000Sold by developer, April 2015: AED 467,624 (AED 905 per sqft)

240 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 240, each contractTypical studio in Al Khail Heights 9A-9B
30K40K50K2018202120242027Typical rent by year: 2018 AED 33,000; 2019 AED 37,000; 2020 AED 32,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 33,000; 2024 AED 36,250; 2025 AED 40,250; 2026 AED 50,000New contract, November 2018: AED 33,000 a yearNew contract, November 2019: AED 30,000 a yearNew contract, August 2020: AED 28,000 a yearRenewal, August 2022: AED 30,000 a yearRenewal, August 2023: AED 31,500 a yearRenewal, August 2024: AED 35,000 a yearRenewal, August 2025: AED 38,000 a yearRenewal, August 2026: 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 9A-9B, and where 240 sits

All 82 studios →

240 last sold in April 2015 at AED 905 per sqft, 4% above what studios in Al Khail Heights 9A-9B were fetching at the time (AED 873). Over the last 12 months studios sold for AED 500,000 to 650,000, around AED 1,022 per sqft, and rent for AED 37,400 to 80,000 a year. 240's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Sep 2026650,000
25 Aug 2026650,000
13 Jun 2026650,000
26 Feb 2026500,000
5 studio sales in the last 12 months

Al Khail Heights 9A-9B

Building

191 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 934 Up 20.1%
Typical sale
AED 975K
Typical rent
AED 74K /yr
Typical yield
8.2%
Al Khail Heights 9A-9B, Al Quoz Fourth: prices, sales and rents →

Other units on the 2nd floor

All 191 units in Al Khail Heights 9A-9B
Value
201StudioAED 221K · Oct 2019
2021-bedAED 341K · Oct 2019
203StudioAED 194K · Oct 2019
2041-bedAED 330K · Oct 2019
205StudioAED 212K · Oct 2019
2061-bedAED 365K · Oct 2019
2073-bedAED 686K · Oct 2019
1–7 of 39

240, Al Khail Heights 9A-9B in numbers

  • Sold once: by Al Khail Heights on 22 April 2015 for AED 467,624, or AED 905 per sqft.
  • Rented since November 2018 on 8 Ejari contracts. The rent fell from AED 33,000 to AED 28,000 in 2020 and recovered to AED 40,000 by August 2026.
  • At AED 40,000 a year the gross yield on the 2015 price is 8.6%, before a service charge of about AED 5,400 a year (AED 10.42 per sqft).
  • Studios in Al Khail Heights 9A-9B sold for AED 500,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 934 per sqft.

Source: Dubai Land Department. Updated 1 August 2026.

Questions about 240, Al Khail Heights 9A-9B

What did unit 240 last sell for?

AED 467,624 on 22 April 2015, sold by the developer: AED 905 per sqft for 516 sqft. It is the only registered sale of the unit.

What is the rent for unit 240?

AED 40,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 38,000; the unit has been rented since November 2018.

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 9A-9B sold for AED 500,000 to 650,000 in the last 12 months, around AED 1,022 per sqft.

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Mortgage on 240, Al Khail Heights 9A-9B

Starts from the last sale price (AED 468K, 22 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 467,624
Deposit, UAE resident (20%)
AED 93,525
Deposit, non-resident (40%)
AED 187,050
Monthly over 25 years at 3.7%
AED 1,913

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