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2-bed · 1,201 sqftSol Amber (Iris Amber), Culture Village · 2nd floor

301, Sol Amber (Iris Amber)

Sold prices and rental history: sold once, by the developer 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 301 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 1.52M9 October 2024
Current rentAED 67K /yr8 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301, Sol Amber (Iris Amber)

What is 301 worth today?

Last sold for AED 1,518,888 in 2024

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9 Oct 2024Sold by developerReady
AED 1,518,888AED 1,264 per sqft
8 Aug 2022RentedRenewal
AED 67,000/yr12 months · AED 56 per sqft
8 Aug 2021RentedNew contract
AED 65,000/yr12 months · AED 54 per sqft
8 May 2020RentedNew contract
AED 67,000/yr12 months · AED 56 per sqft
1 Nov 2018RentedNew contract
AED 80,000/yr13 months · AED 67 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
2-bed apartment
Size
1,201 sqft
Floor
2nd of 8
Parking
B2-27
Last sold
AED 1.52M · October 2024
Building
Sol Amber (Iris Amber)

About 301, Sol Amber (Iris Amber)

301 is a two-bedroom apartment of 1,201 sqft on the 2nd floor of Sol Amber (Iris Amber), a 8-storey tower in Culture Village. The developer sold it on 9 October 2024 for AED 1,518,888, or AED 1,264 per sqft, in line with the AED 1,285 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 8 August 2022, is AED 67,000 a year: a gross yield of 4.4% on the 2024 price.

Sales and rents for 301 over time

Rents
Unit 301, each contractTypical two-bed in Sol Amber (Iris Amber)
75K100K125K2018202120242027Typical rent by year: 2018 AED 85,000; 2019 AED 77,500; 2020 AED 68,500; 2021 AED 62,500; 2022 AED 66,750; 2023 AED 71,842; 2024 AED 112,500; 2025 AED 117,000; 2026 AED 115,000New contract, November 2018: AED 80,000 a yearNew contract, May 2020: AED 67,000 a yearNew contract, August 2021: AED 65,000 a yearRenewal, August 2022: AED 67,000 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 Sol Amber (Iris Amber), and where 301 sits

All 22 2-beds →

301 last sold in October 2024 at AED 1,264 per sqft, in line with what two-beds in Sol Amber (Iris Amber) were fetching at the time (AED 1,285). Over the last 12 months two-beds sold for AED 2,050,000, around AED 1,738 per sqft, and rent for AED 102,000 to 168,000 a year. 301's AED 67,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20262,050,000
4 Nov 20241,725,777
2 Sep 20241,408,888
22 Aug 20241,538,888
1 2-bed sale in the last 12 months

Sol Amber (Iris Amber)

Building

95 apartments, studios to 2-bed over 8 floors in Culture Village. 6 sold in the last 12 months.

Typical price per sqft
AED 1,570
Typical sale
AED 1.08M
Typical rent
AED 76K /yr
Typical yield
6.2%
Sol Amber (Iris Amber), Culture Village: prices, sales and rents →

Other units on the 2nd floor

All 95 units in Sol Amber (Iris Amber)
Value
3021-bedAED 796K · Jun 2024
3031-bedAED 1.17M · May 2024
3041-bedAED 1.07M · Jun 2024
3051-bedAED 919K · Jul 2024
3061-bedAED 939K · Oct 2024
307StudioAED 619K · Mar 2024
3081-bedAED 934K · Nov 2024
1–7 of 11

301, Sol Amber (Iris Amber) in numbers

  • Sold once: by the developer on 9 October 2024 for AED 1,518,888, or AED 1,264 per sqft.
  • Rented since November 2018 on 4 Ejari contracts, from AED 80,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2024 price is 4.4%.
  • Two-beds in Sol Amber (Iris Amber) sold for AED 2,050,000–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,570 per sqft.

Source: Dubai Land Department. Updated 9 October 2024.

Questions about 301, Sol Amber (Iris Amber)

What did unit 301 last sell for?

AED 1,518,888 on 9 October 2024, sold by the developer: AED 1,264 per sqft for 1,201 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 67,000 a year on the contract renewed on 8 August 2022. The previous contract, from August 2021, was AED 65,000; the unit has been rented since November 2018.

How big is unit 301?

1,201 sqft (111.6 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sol Amber (Iris Amber) sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 1,738 per sqft.

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Mortgage on 301, Sol Amber (Iris Amber)

Starts from the last sale price (AED 1.52M, 9 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,518,888
Deposit, UAE resident (20%)
AED 303,778
Deposit, non-resident (40%)
AED 607,555
Monthly over 25 years at 3.7%
AED 6,214

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