Studio · 443 sqftMYKA Residence, Dubai Production City (IMPZ) · 1st floor

114, MYKA Residence

Sold prices and rental history: sold once, by the developer in March 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 425K22 March 2023
Current rentAED 46K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, MYKA Residence

What is 114 worth today?

Last sold for AED 425,000 in 2023

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1 Oct 2026RentedNew contract
AED 45,500/yr12 months · AED 103 per sqft
21 Apr 2025RentedNew contract
AED 42,000/yr12 months · AED 95 per sqft
21 Apr 2025RentedNew contract
AED 42,000/yr12 months · AED 95 per sqft
25 Sep 2024RentedRenewal
AED 45,000/yr12 months · AED 102 per sqft
22 Mar 2023Sold by developerReady
AED 425,000AED 960 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
1st of 6
Parking
G-24
Developer
Myka Luxe Real Estate Development
Last sold
AED 425K · March 2023

About 114, MYKA Residence

114 is a studio of 443 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 22 March 2023 for AED 425,000, or AED 960 per sqft, in line with the AED 961 studios in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 1 October 2026, is AED 45,500 a year: a gross yield of 10.7% on the 2023 price.

Sales and rents for 114 over time

Sales
Unit 114, each saleTypical studio in MYKA Residence
400K500K600K20232024202520262027Typical sale price by year: 2023 AED 435,000; 2024 AED 610,000; 2025 AED 622,500; 2026 AED 610,000Sold by developer, March 2023: AED 425,000 (AED 960 per sqft)

114 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 114, each contractTypical studio in MYKA Residence
40K45K50K202320252027Typical rent by year: 2023 AED 39,500; 2024 AED 50,000; 2025 AED 50,000; 2026 AED 48,000Renewal, September 2024: AED 45,000 a yearNew contract, April 2025: AED 42,000 a yearNew contract, April 2025: AED 42,000 a yearNew contract, October 2026: AED 45,500 a year

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 114 sits

All 60 studios →

114 last sold in March 2023 at AED 960 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. 114's AED 45,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
14 Oct 2026600,000
1 Oct 2026610,000
28 Jul 202626,655
16 Mar 2026640,000
5 studio sales in the last 12 months

MYKA Residence

Building

119 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%
MYKA Residence, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 1st floor

All 119 units in MYKA Residence
Value
1011-bedAED 1.2M · May 2024
1021-bedAED 991K · Nov 2024
1041-bedAED 998K · Sep 2024
1051-bedAED 970K · Mar 2024
1062-bedAED 1.49M · Jan 2025
1071-bedAED 1.06M · Dec 2024
108StudioAED 425K · May 2023
1–7 of 18

114, MYKA Residence in numbers

  • Sold once: by Myka Luxe Real Estate Development on 22 March 2023 for AED 425,000, or AED 960 per sqft.
  • Rented since September 2024 on 4 Ejari contracts, from AED 45,000 to AED 45,500 a year.
  • At AED 45,500 a year the gross yield on the 2023 price is 10.7%.
  • 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 114, MYKA Residence

What did unit 114 last sell for?

AED 425,000 on 22 March 2023, sold by the developer: AED 960 per sqft for 443 sqft. It is the only registered sale of the unit.

What is the rent for unit 114?

AED 45,500 a year on the contract signed on 1 October 2026. The previous contract, from April 2025, was AED 42,000; the unit has been rented since September 2024.

How big is unit 114?

443 sqft (41.2 sqm): a studio on the 1st floor of a 6-storey tower.

What is unit 114 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 114, MYKA Residence

Starts from the last sale price (AED 425K, 22 March 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 →