111, MYKA Residence
Sold prices and rental history: sold once, by the developer in April 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, MYKA Residence
What is 111 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 442 sqft
- Floor
- 1st of 6
- Parking
- G-42
- Developer
- Myka Luxe Real Estate Development
- Last sold
- AED 425K · April 2023
- Building
- MYKA Residence
About 111, MYKA Residence
111 is a studio of 442 sqft on the 1st floor of MYKA Residence, a 6-storey tower in Dubai Production City (IMPZ) by Myka Luxe Real Estate Development . The developer sold it on 4 April 2023 for AED 425,000, or AED 961 per sqft, in line with the AED 961 studios in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 33,957 a year: a gross yield of 8.0% on the 2023 price.
Sales and rents for 111 over time
111 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MYKA Residence, and where 111 sits
All 60 studios →111 last sold in April 2023 at AED 961 per sqft, in line with what studios in MYKA Residence were fetching at the time (AED 961). Over the last 12 months studios sold for AED 600,000 to 640,000, around AED 1,408 per sqft, and rent for AED 33,957 to 72,000 a year. 111's AED 33,957 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 442 sqft | 600,000 | 1,357 | ||
| 1 Oct 20261 October 2026 | 442 sqft | 610,000 | 1,379 | ||
| 28 Jul 202628 July 2026 | 443 sqft | 26,655 | 60 | ||
| 16 Mar 202616 March 2026 | 443 sqft | 640,000 | 1,446 |
MYKA Residence
Building119 apartments, studios to 2-bed over 6 floors in Dubai Production City (IMPZ) by Myka Luxe Real Estate Development . 13 sold in the last 12 months.
- Typical price per sqft
- AED 1,299 Up 3.5%
- Typical sale
- AED 1.04M
- Typical rent
- AED 54K /yr
- Typical yield
- 7.8%
Other units on the 1st floor
All 119 units in MYKA Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 1,169 sqft | AED 1.2MAED 1,200,000 · May 2024May 2024 | ||
| 102 | 1-bed | 892 sqft | AED 991KAED 990,850 · Nov 2024November 2024 | ||
| 104 | 1-bed | 956 sqft | AED 998KAED 998,450 · Sep 2024September 2024 | 80,000 /yr | |
| 105 | 1-bed | 926 sqft | AED 970KAED 969,950 · Mar 2024March 2024 | 88,000 /yr | |
| 106 | 2-bed | 1,204 sqft | AED 1.49MAED 1,486,750 · Jan 2025January 2025 | ||
| 107 | 1-bed | 963 sqft | AED 1.06MAED 1,060,000 · Dec 2024December 2024 | 10,000 /yr | |
| 108 | Studio | 442 sqft | AED 425KAED 425,000 · May 2023May 2023 | ||
| 109 | Studio | 442 sqft | AED 425KAED 425,000 · Mar 2023March 2023 | 55,000 /yr | |
| 110 | Studio | 442 sqft | AED 425KAED 425,000 · Apr 2023April 2023 | 55,000 /yr | |
| 112 | Studio | 443 sqft | AED 425KAED 425,000 · May 2023May 2023 | 45,000 /yr | |
| 113 | Studio | 442 sqft | AED 425KAED 425,000 · Apr 2023April 2023 | 50,000 /yr | |
| 114 | Studio | 443 sqft | AED 425KAED 425,000 · Mar 2023March 2023 | 45,500 /yr | |
| 115 | Studio | 441 sqft | AED 425KAED 425,000 · Apr 2023April 2023 | 33,957 /yr | |
| 116 | Studio | 442 sqft | AED 610KAED 610,000 · Oct 2026October 2026 | 52,000 /yr | |
| 117 | Studio | 440 sqft | AED 750KAED 750,000 · Apr 2025April 2025 | 72,000 /yr | |
| 118 | 1-bed | 957 sqft | AED 1.2MAED 1,200,000 · May 2025May 2025 | ||
| 119 | 2-bed | 1,211 sqft | AED 1.7MAED 1,700,000 · May 2025May 2025 | 10,000 /yr | |
| 120 | 1-bed | 928 sqft | AED 1.05MAED 1,050,000 · Dec 2024December 2024 |
111, MYKA Residence in numbers
- Sold once: by Myka Luxe Real Estate Development on 4 April 2023 for AED 425,000, or AED 961 per sqft.
- Rented since June 2024 on 3 Ejari contracts, from AED 45,000 to AED 33,957 a year.
- At AED 33,957 a year the gross yield on the 2023 price is 8.0%.
- Studios in MYKA Residence sold for AED 600,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 1,299 per sqft.
Source: Dubai Land Department. Updated 1 October 2026.
Questions about 111, MYKA Residence
What did unit 111 last sell for?
AED 425,000 on 4 April 2023, sold by the developer: AED 961 per sqft for 442 sqft. It is the only registered sale of the unit.
What is the rent for unit 111?
AED 33,957 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 50,000; the unit has been rented since June 2024.
How big is unit 111?
442 sqft (41.1 sqm): a studio on the 1st floor of a 6-storey tower.
What is unit 111 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MYKA Residence sold for AED 600,000 to 640,000 in the last 12 months, around AED 1,408 per sqft.
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Mortgage on 111, MYKA Residence
Starts from the last sale price (AED 425K, 4 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 425,000
- Deposit, UAE resident (20%)
- AED 85,000
- Deposit, non-resident (40%)
- AED 170,000
- Monthly over 25 years at 3.7%
- AED 1,739
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →