307, MYKA Residence
Sold prices and rental history: sold once, by the developer in May 2024, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, MYKA Residence
What is 307 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 962 sqft
- Floor
- 3rd of 6
- Parking
- G-64
- Developer
- Myka Luxe Real Estate Development
- Last sold
- AED 1.07M · May 2024
- Building
- MYKA Residence
About 307, MYKA Residence
307 is a one-bedroom apartment of 962 sqft on the 3rd floor of MYKA Residence, a 6-storey tower in Dubai Production City (IMPZ) by Myka Luxe Real Estate Development . The developer sold it on 27 May 2024 for AED 1,070,000, or AED 1,111 per sqft, 4% above the AED 1,069 one-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 15 July 2026, is AED 87,000 a year: a gross yield of 8.1% on the 2024 price.
Sales and rents for 307 over time
307 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in MYKA Residence, and where 307 sits
All 47 1-beds →307 last sold in May 2024 at AED 1,111 per sqft, 4% above what one-beds in MYKA Residence were fetching at the time (AED 1,069). Over the last 12 months one-beds sold for AED 991,000 to 1,200,000, around AED 1,179 per sqft, and rent for AED 60,000 to 126,000 a year. 307's AED 87,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 956 sqft | 1,200,000 | 1,255 | ||
| 28 Jul 202628 July 2026 | 956 sqft | 1,200,000 | 1,255 | ||
| 4 Jun 20264 June 2026 | 926 sqft | 1,000,000 | 1,080 | ||
| 19 May 202619 May 2026 | 892 sqft | 991,000 | 1,111 |
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 3rd floor
All 119 units in MYKA Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 1,169 sqft | AED 1.23MAED 1,225,500 · Jan 2025January 2025 | 84,772 /yr | |
| 302 | 1-bed | 892 sqft | AED 991KAED 991,000 · May 2026May 2026 | 85,000 /yr | |
| 303 | 1-bed | 893 sqft | AED 941KAED 941,450 · Feb 2024February 2024 | 68,000 /yr | |
| 304 | 1-bed | 956 sqft | AED 1.01MAED 1,007,950 · Jun 2024June 2024 | 85,000 /yr | |
| 305 | 1-bed | 926 sqft | AED 1MAED 1,000,000 · Jun 2026June 2026 | ||
| 306 | 2-bed | 1,166 sqft | AED 1.49MAED 1,486,750 · Jul 2024July 2024 | ||
| 308 | Studio | 440 sqft | AED 435KAED 435,000 · May 2023May 2023 | 50,681 /yr | |
| 309 | Studio | 442 sqft | AED 435KAED 435,000 · May 2023May 2023 | 40,000 /yr | |
| 310 | Studio | 442 sqft | AED 435KAED 435,000 · May 2023May 2023 | ||
| 311 | Studio | 442 sqft | AED 600KAED 600,000 · Oct 2026October 2026 | 49,000 /yr | |
| 312 | Studio | 443 sqft | AED 27KAED 26,655 · Jul 2026July 2026 | 44,000 /yr | |
| 313 | Studio | 442 sqft | AED 635KAED 635,000 · Dec 2025December 2025 | 57,463 /yr | |
| 314 | Studio | 443 sqft | AED 435KAED 435,000 · Apr 2023April 2023 | 50,000 /yr | |
| 315 | Studio | 441 sqft | AED 475KAED 475,000 · Jun 2023June 2023 | ||
| 316 | Studio | 442 sqft | AED 580KAED 580,000 · Apr 2025April 2025 | 39,000 /yr | |
| 317 | Studio | 440 sqft | AED 435KAED 435,000 · Mar 2023March 2023 | 40,000 /yr | |
| 318 | 1-bed | 956 sqft | AED 1.46MAED 1,460,000 · Feb 2023February 2023 | ||
| 319 | 2-bed | 1,175 sqft | AED 1.53MAED 1,534,250 · Aug 2024August 2024 | ||
| 320 | 1-bed | 916 sqft | AED 1.15MAED 1,150,000 · Nov 2025November 2025 |
307, MYKA Residence in numbers
- Sold once: by Myka Luxe Real Estate Development on 27 May 2024 for AED 1,070,000, or AED 1,111 per sqft.
- Rented since July 2024 on 4 Ejari contracts, at AED 87,000 a year.
- At AED 87,000 a year the gross yield on the 2024 price is 8.1%.
- One-beds in MYKA Residence sold for AED 991,000–1,200,000 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 15 July 2026.
Questions about 307, MYKA Residence
What did unit 307 last sell for?
AED 1,070,000 on 27 May 2024, sold by the developer: AED 1,111 per sqft for 962 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 87,000 a year on the contract renewed on 15 July 2026. The previous contract, from July 2025, was AED 87,000; the unit has been rented since July 2024.
How big is unit 307?
962 sqft (89.4 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower.
What is unit 307 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MYKA Residence sold for AED 991,000 to 1,200,000 in the last 12 months, around AED 1,179 per sqft.
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Mortgage on 307, MYKA Residence
Starts from the last sale price (AED 1.07M, 27 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,070,000
- Deposit, UAE resident (20%)
- AED 214,000
- Deposit, non-resident (40%)
- AED 428,000
- Monthly over 25 years at 3.7%
- AED 4,378
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →