2-bed · 1,213 sqftAl Khail Heights 9A-9B, Al Quoz Fourth · 4th floor · completed 2018

429, Al Khail Heights 9A-9B

Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 429 · DLD and Ejari recordsUpdated 24 May 2023
Last soldAED 1.05M14 April 2016
Current rentAED 70K /yr24 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 429, Al Khail Heights 9A-9B

What is 429 worth today?

Last sold for AED 1,053,353 in 2016

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24 May 2023RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft
10 May 2023RentedNew contract
AED 75,833/yr14 months · AED 63 per sqft
20 Apr 2022RentedNew contract
AED 53,000/yr12 months · AED 44 per sqft
1 Nov 2021RentedRenewal
AED 53,000/yr12 months · AED 44 per sqft
1 Nov 2020RentedNew contract
AED 53,000/yr12 months · AED 44 per sqft
15 May 2019RentedNew contract
AED 65,000/yr12 months · AED 53 per sqft
14 Apr 2016Sold by developerOff-plan
AED 1,053,353AED 868 per sqft

Source: Dubai Land Department. Updated 24 May 2023.

Key facts

Type
2-bed apartment
Size
1,213 sqft
Floor
4th of 4
Parking
G-1250
Developer
Al Khail Heights
Completed
2018
Service charge
AED 12,600 /yr
Last sold
AED 1.05M · April 2016

About 429, Al Khail Heights 9A-9B

429 is a two-bedroom apartment of 1,213 sqft on the 4th 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 14 April 2016 for AED 1,053,353, or AED 868 per sqft, 8% above the AED 806 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 24 May 2023, is AED 70,000 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 429 over time

Sales
Unit 429, each saleTypical two-bed in Al Khail Heights 9A-9B
500K1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,278,030; 2018 AED 1,223,219; 2019 AED 497,688; 2024 AED 1,470,000; 2025 AED 1,400,000Sold by developer, April 2016: AED 1,053,353 (AED 868 per sqft)

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

Rents
Unit 429, each contractTypical two-bed in Al Khail Heights 9A-9B
60K80K2018202120242027Typical rent by year: 2018 AED 73,000; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,250; 2025 AED 75,600; 2026 AED 88,750New contract, May 2019: AED 65,000 a yearNew contract, November 2020: AED 53,000 a yearRenewal, November 2021: AED 53,000 a yearNew contract, April 2022: AED 53,000 a yearNew contract, May 2023: AED 70,000 a yearNew contract, May 2023: AED 75,833 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 9A-9B, and where 429 sits

All 25 2-beds →

429 last sold in April 2016 at AED 868 per sqft, 8% above what two-beds in Al Khail Heights 9A-9B were fetching at the time (AED 806). Over the last 12 months two-beds sold for AED 1,350,000 to 1,600,000, around AED 967 per sqft, and rent for AED 80,000 to 199,000 a year. 429's AED 70,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Apr 20261,350,000
27 Jan 20261,600,000
6 Oct 20251,675,000
30 Apr 20251,400,000
2 2-bed 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 4th floor

All 191 units in Al Khail Heights 9A-9B
Value
4012-bedAED 511K · Oct 2019
4022-bedAED 471K · Oct 2019
403StudioAED 135K · Oct 2019
4041-bedAED 296K · Oct 2019
4052-bedAED 484K · Oct 2019
406StudioAED 232K · Oct 2019
4071-bedAED 341K · Oct 2019
1–7 of 36

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

  • Sold once: by Al Khail Heights on 14 April 2016 for AED 1,053,353, or AED 868 per sqft.
  • Rented since May 2019 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 53,000 in 2022 and recovered to AED 70,000 by May 2023.
  • At AED 70,000 a year the gross yield on the 2016 price is 6.7%, before a service charge of about AED 12,600 a year (AED 10.42 per sqft).
  • Two-beds in Al Khail Heights 9A-9B sold for AED 1,350,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 934 per sqft.

Source: Dubai Land Department. Updated 24 May 2023.

Questions about 429, Al Khail Heights 9A-9B

What did unit 429 last sell for?

AED 1,053,353 on 14 April 2016, sold by the developer: AED 868 per sqft for 1,213 sqft. It is the only registered sale of the unit.

What is the rent for unit 429?

AED 70,000 a year on the contract signed on 24 May 2023. The previous contract, from May 2023, was AED 75,833; the unit has been rented since May 2019.

How big is unit 429?

1,213 sqft (112.7 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2018.

What is unit 429 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 9A-9B sold for AED 1,350,000 to 1,600,000 in the last 12 months, around AED 967 per sqft.

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Mortgage on 429, Al Khail Heights 9A-9B

Starts from the last sale price (AED 1.05M, 14 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,053,353
Deposit, UAE resident (20%)
AED 210,671
Deposit, non-resident (40%)
AED 421,341
Monthly over 25 years at 3.7%
AED 4,310

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