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2-bed · 1,201 sqftSol Amber (Iris Amber), Culture Village · 3rd floor

404, Sol Amber (Iris Amber)

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

Unit 404 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 1.53M7 August 2024
Current rentAED 67K /yr5 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Sol Amber (Iris Amber)

What is 404 worth today?

Last sold for AED 1,528,888 in 2024

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7 Aug 2024Sold by developerReady
AED 1,528,888AED 1,273 per sqft
5 Jul 2023RentedRenewal
AED 67,200/yr12 months · AED 56 per sqft
5 Jul 2022RentedRenewal
AED 64,000/yr12 months · AED 53 per sqft
5 Jun 2021RentedNew contract
AED 57,231/yr13 months · AED 48 per sqft
17 Sep 2019RentedRenewal
AED 80,000/yr12 months · AED 67 per sqft
17 Aug 2018RentedNew contract
AED 85,000/yr13 months · AED 71 per sqft

Source: Dubai Land Department. Updated 7 August 2024.

Key facts

Type
2-bed apartment
Size
1,201 sqft
Floor
3rd of 8
Parking
B2-20
Last sold
AED 1.53M · August 2024
Building
Sol Amber (Iris Amber)

About 404, Sol Amber (Iris Amber)

404 is a two-bedroom apartment of 1,201 sqft on the 3rd floor of Sol Amber (Iris Amber), a 8-storey tower in Culture Village. The developer sold it on 7 August 2024 for AED 1,528,888, or AED 1,273 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 5 Ejari contracts. The current contract, renewed on 5 July 2023, is AED 67,200 a year: a gross yield of 4.4% on the 2024 price.

Sales and rents for 404 over time

Rents
Unit 404, each contractTypical two-bed in Sol Amber (Iris Amber)
50K100K2018202120242027Typical 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, August 2018: AED 85,000 a yearRenewal, September 2019: AED 80,000 a yearNew contract, June 2021: AED 57,231 a yearRenewal, July 2022: AED 64,000 a yearRenewal, July 2023: AED 67,200 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 404 sits

All 22 2-beds →

404 last sold in August 2024 at AED 1,273 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. 404's AED 67,200 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
9 Oct 20241,518,888
2 Sep 20241,408,888
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 3rd floor

All 95 units in Sol Amber (Iris Amber)
Value
4011-bedAED 958K · Aug 2024
4021-bedAED 1.02M · Apr 2026
4031-bedAED 831K · Feb 2024
4051-bedAED 1M · Mar 2026
4061-bedAED 1.16M · Jul 2024
4071-bedAED 1.07M · Jul 2024
4081-bedAED 889K · Apr 2024
1–7 of 11

404, Sol Amber (Iris Amber) in numbers

  • Sold once: by the developer on 7 August 2024 for AED 1,528,888, or AED 1,273 per sqft.
  • Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 57,231 in 2021 and recovered to AED 67,200 by July 2023.
  • At AED 67,200 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 7 August 2024.

Questions about 404, Sol Amber (Iris Amber)

What did unit 404 last sell for?

AED 1,528,888 on 7 August 2024, sold by the developer: AED 1,273 per sqft for 1,201 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 67,200 a year on the contract renewed on 5 July 2023. The previous contract, from July 2022, was AED 64,000; the unit has been rented since August 2018.

How big is unit 404?

1,201 sqft (111.6 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower.

What is unit 404 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 404, Sol Amber (Iris Amber)

Starts from the last sale price (AED 1.53M, 7 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,528,888
Deposit, UAE resident (20%)
AED 305,778
Deposit, non-resident (40%)
AED 611,555
Monthly over 25 years at 3.7%
AED 6,255

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