1-bed · 966 sqftSol Amber (Iris Amber), Culture Village · 6th floor

704, 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 704 · DLD and Ejari recordsUpdated 19 April 2024
Last soldAED 1.25M19 April 2024
Current rentAED 60K /yr24 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Sol Amber (Iris Amber)

What is 704 worth today?

Last sold for AED 1,245,000 in 2024

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19 Apr 2024Sold by developerReady
AED 1,245,000AED 1,288 per sqft
24 Jan 2022RentedNew contract
AED 60,000/yr12 months · AED 62 per sqft
9 Jun 2021RentedNew contract
AED 57,000/yr13 months · AED 59 per sqft
9 Jun 2021RentedNew contract
AED 52,615/yr13 months · AED 54 per sqft
9 Jul 2018RentedNew contract
AED 75,000/yr13 months · AED 78 per sqft

Source: Dubai Land Department. Updated 19 April 2024.

Key facts

Type
1-bed apartment
Size
966 sqft
Floor
6th of 8
Parking
B1-26
Last sold
AED 1.25M · April 2024

About 704, Sol Amber (Iris Amber)

704 is a one-bedroom apartment of 966 sqft on the 6th floor of Sol Amber (Iris Amber), a 8-storey tower in Culture Village. The developer sold it on 19 April 2024 for AED 1,245,000, or AED 1,288 per sqft, in line with the AED 1,288 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 24 January 2022, is AED 60,000 a year: a gross yield of 4.8% on the 2024 price.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Sol Amber (Iris Amber)
1M1.2M2024202520262027Typical sale price by year: 2024 AED 938,888; 2025 AED 1,150,000; 2026 AED 1,025,000Sold by developer, April 2024: AED 1,245,000 (AED 1,288 per sqft)

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

Rents
Unit 704, 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, July 2018: AED 75,000 a yearNew contract, June 2021: AED 57,000 a yearNew contract, June 2021: AED 52,615 a yearNew contract, January 2022: 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 704 sits

All 69 1-beds →

704 last sold in April 2024 at AED 1,288 per sqft, in line with what one-beds in Sol Amber (Iris Amber) were fetching at the time (AED 1,288). 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. 704'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 6th floor

All 95 units in Sol Amber (Iris Amber)
Value
7011-bedAED 1.05M · Jun 2025
7022-bedAED 1.56M · Aug 2024
7031-bedAED 809K · Mar 2024
7051-bedAED 1.07M · May 2024
7061-bedAED 849K · May 2024
7071-bedAED 950K · Jul 2024
7082-bedAED 1.32M · Mar 2024
1–7 of 10

704, Sol Amber (Iris Amber) in numbers

  • Sold once: by the developer on 19 April 2024 for AED 1,245,000, or AED 1,288 per sqft.
  • Rented since July 2018 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 52,615 in 2021 and recovered to AED 60,000 by January 2022.
  • At AED 60,000 a year the gross yield on the 2024 price is 4.8%.
  • 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 19 April 2024.

Questions about 704, Sol Amber (Iris Amber)

What did unit 704 last sell for?

AED 1,245,000 on 19 April 2024, sold by the developer: AED 1,288 per sqft for 966 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 60,000 a year on the contract signed on 24 January 2022. The previous contract, from June 2021, was AED 57,000; the unit has been rented since July 2018.

How big is unit 704?

966 sqft (89.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower.

What is unit 704 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 704, Sol Amber (Iris Amber)

Starts from the last sale price (AED 1.25M, 19 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,245,000
Deposit, UAE resident (20%)
AED 249,000
Deposit, non-resident (40%)
AED 498,000
Monthly over 25 years at 3.7%
AED 5,094

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