1-bed · 677 sqftSol Amber (Iris Amber), Culture Village · 3rd floor

408, Sol Amber (Iris Amber)

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

Unit 408 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 889K23 April 2024
Current rentAED 52K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Sol Amber (Iris Amber)

What is 408 worth today?

Last sold for AED 888,888 in 2024

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20 May 2024RentedRenewal
AED 51,761/yr4 months · AED 76 per sqft
23 Apr 2024Sold by developerReady
AED 888,888AED 1,313 per sqft
20 May 2023RentedNew contract
AED 52,000/yr12 months · AED 77 per sqft
15 May 2022RentedRenewal
AED 45,000/yr12 months · AED 66 per sqft
15 May 2021RentedNew contract
AED 43,000/yr12 months · AED 64 per sqft
10 Feb 2020RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
10 Sep 2018RentedNew contract
AED 58,000/yr13 months · AED 86 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
1-bed apartment
Size
677 sqft
Floor
3rd of 8
Parking
B3-11
Last sold
AED 889K · April 2024

About 408, Sol Amber (Iris Amber)

408 is a one-bedroom apartment of 677 sqft on the 3rd floor of Sol Amber (Iris Amber), a 8-storey tower in Culture Village. The developer sold it on 23 April 2024 for AED 888,888, or AED 1,313 per sqft, in line with the AED 1,294 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 20 May 2024, is AED 51,761 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Sol Amber (Iris Amber)
1M2024202520262027Typical sale price by year: 2024 AED 938,888; 2025 AED 1,150,000; 2026 AED 1,025,000Sold by developer, April 2024: AED 888,888 (AED 1,313 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Sol Amber (Iris Amber)
40K60K80K2018202120242027Typical 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, September 2018: AED 58,000 a yearNew contract, February 2020: AED 55,000 a yearNew contract, May 2021: AED 43,000 a yearRenewal, May 2022: AED 45,000 a yearNew contract, May 2023: AED 52,000 a yearRenewal, May 2024: AED 51,761 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 408 sits

All 69 1-beds →

408 last sold in April 2024 at AED 1,313 per sqft, in line with what one-beds in Sol Amber (Iris Amber) were fetching at the time (AED 1,294). 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. 408's AED 51,761 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
4061-bedAED 1.16M · Jul 2024
4071-bedAED 1.07M · Jul 2024
1–7 of 11

408, Sol Amber (Iris Amber) in numbers

  • Sold once: by the developer on 23 April 2024 for AED 888,888, or AED 1,313 per sqft.
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 58,000 to AED 43,000 in 2021 and recovered to AED 51,761 by May 2024.
  • At AED 51,761 a year the gross yield on the 2024 price is 5.8%.
  • 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 20 May 2024.

Questions about 408, Sol Amber (Iris Amber)

What did unit 408 last sell for?

AED 888,888 on 23 April 2024, sold by the developer: AED 1,313 per sqft for 677 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 51,761 a year on the contract renewed on 20 May 2024. The previous contract, from May 2023, was AED 52,000; the unit has been rented since September 2018.

How big is unit 408?

677 sqft (62.9 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower.

What is unit 408 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 408, Sol Amber (Iris Amber)

Starts from the last sale price (AED 889K, 23 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 888,888
Deposit, UAE resident (20%)
AED 177,778
Deposit, non-resident (40%)
AED 355,555
Monthly over 25 years at 3.7%
AED 3,637

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