1-bed · 966 sqftSol Amber (Iris Amber), Culture Village · 3rd floor

406, Sol Amber (Iris Amber)

Sold prices and rental history: sold once, by the developer in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 9 July 2024
Last soldAED 1.16M9 July 2024
Current rentAED 60K /yr7 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Sol Amber (Iris Amber)

What is 406 worth today?

Last sold for AED 1,158,888 in 2024

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9 Jul 2024Sold by developerReady
AED 1,158,888AED 1,199 per sqft
7 May 2023RentedNew contract
AED 60,000/yr12 months · AED 62 per sqft
7 May 2022RentedRenewal
AED 58,500/yr12 months · AED 61 per sqft
7 Apr 2021RentedNew contract
AED 52,615/yr13 months · AED 54 per sqft
20 Jan 2019RentedNew contract
AED 72,000/yr13 months · AED 75 per sqft

Source: Dubai Land Department. Updated 9 July 2024.

Key facts

Type
1-bed apartment
Size
966 sqft
Floor
3rd of 8
Parking
B3-9
Last sold
AED 1.16M · July 2024

About 406, Sol Amber (Iris Amber)

406 is a one-bedroom apartment of 966 sqft on the 3rd floor of Sol Amber (Iris Amber), a 8-storey tower in Culture Village. The developer sold it on 9 July 2024 for AED 1,158,888, or AED 1,199 per sqft, 5% below the AED 1,259 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 7 May 2023, is AED 60,000 a year: a gross yield of 5.2% on the 2024 price.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Sol Amber (Iris Amber)
900K1M1.1M2024202520262027Typical sale price by year: 2024 AED 938,888; 2025 AED 1,150,000; 2026 AED 1,025,000Sold by developer, July 2024: AED 1,158,888 (AED 1,199 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Sol Amber (Iris Amber)
60K80K2018202120242027Typical rent by year: 2018 AED 63,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 47,000; 2022 AED 48,000; 2023 AED 52,000; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 75,000New contract, January 2019: AED 72,000 a yearNew contract, April 2021: AED 52,615 a yearRenewal, May 2022: AED 58,500 a yearNew contract, May 2023: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Sol Amber (Iris Amber), and where 406 sits

All 69 1-beds →

406 last sold in July 2024 at AED 1,199 per sqft, 5% below what one-beds in Sol Amber (Iris Amber) were fetching at the time (AED 1,259). Over the last 12 months one-beds sold for AED 1,000,000 to 1,150,000, around AED 1,510 per sqft, and rent for AED 50,000 to 103,000 a year. 406's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Aug 20261,150,000
29 Apr 20261,020,000
4 Mar 20261,000,000
17 Feb 20261,030,000
5 1-bed sales 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
4042-bedAED 1.53M · Aug 2024
4051-bedAED 1M · Mar 2026
4071-bedAED 1.07M · Jul 2024
4081-bedAED 889K · Apr 2024
1–7 of 11

406, Sol Amber (Iris Amber) in numbers

  • Sold once: by the developer on 9 July 2024 for AED 1,158,888, or AED 1,199 per sqft.
  • Rented since January 2019 on 4 Ejari contracts. The rent fell from AED 72,000 to AED 52,615 in 2021 and recovered to AED 60,000 by May 2023.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.2%.
  • One-beds in Sol Amber (Iris Amber) sold for AED 1,000,000–1,150,000 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 July 2024.

Questions about 406, Sol Amber (Iris Amber)

What did unit 406 last sell for?

AED 1,158,888 on 9 July 2024, sold by the developer: AED 1,199 per sqft for 966 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 60,000 a year on the contract signed on 7 May 2023. The previous contract, from May 2022, was AED 58,500; the unit has been rented since January 2019.

How big is unit 406?

966 sqft (89.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sol Amber (Iris Amber) sold for AED 1,000,000 to 1,150,000 in the last 12 months, around AED 1,510 per sqft.

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Mortgage on 406, Sol Amber (Iris Amber)

Starts from the last sale price (AED 1.16M, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,158,888
Deposit, UAE resident (20%)
AED 231,778
Deposit, non-resident (40%)
AED 463,555
Monthly over 25 years at 3.7%
AED 4,741

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