Studio · 443 sqftMYKA Residence, Dubai Production City (IMPZ) · 3rd floor

314, 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.

Unit 314 · DLD and Ejari recordsUpdated 9 July 2025
Last soldAED 435K19 April 2023
Current rentAED 50K /yr9 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, MYKA Residence

What is 314 worth today?

Last sold for AED 435,000 in 2023

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9 Jul 2025RentedRenewal
AED 50,000/yr12 months · AED 113 per sqft
9 Jul 2024RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
19 Apr 2023Sold by developerReady
AED 435,000AED 982 per sqft

Source: Dubai Land Department. Updated 9 July 2025.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
3rd of 6
Parking
G-22
Developer
Myka Luxe Real Estate Development
Last sold
AED 435K · April 2023

About 314, MYKA Residence

314 is a studio of 443 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 19 April 2023 for AED 435,000, or AED 982 per sqft, in line with the AED 961 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 9 July 2025, is AED 50,000 a year: a gross yield of 11.5% on the 2023 price.

Sales and rents for 314 over time

Sales
Unit 314, each saleTypical studio in MYKA Residence
500K600K20232024202520262027Typical sale price by year: 2023 AED 435,000; 2024 AED 610,000; 2025 AED 622,500; 2026 AED 610,000Sold by developer, April 2023: AED 435,000 (AED 982 per sqft)

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

Rents
Unit 314, each contractTypical studio in MYKA Residence
40K45K50K20232024202520262027Typical rent by year: 2023 AED 39,500; 2024 AED 50,000; 2025 AED 50,000; 2026 AED 48,000New contract, July 2024: AED 50,000 a yearRenewal, July 2025: AED 50,000 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 314 sits

All 60 studios →

314 last sold in April 2023 at AED 982 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. 314's AED 50,000 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 3rd floor

All 119 units in MYKA Residence
Value
3011-bedAED 1.23M · Jan 2025
3021-bedAED 991K · May 2026
3031-bedAED 941K · Feb 2024
3041-bedAED 1.01M · Jun 2024
3051-bedAED 1M · Jun 2026
3062-bedAED 1.49M · Jul 2024
3071-bedAED 1.07M · May 2024
1–7 of 19

314, MYKA Residence in numbers

  • Sold once: by Myka Luxe Real Estate Development on 19 April 2023 for AED 435,000, or AED 982 per sqft.
  • Rented since July 2024 on 2 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 11.5%.
  • 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 9 July 2025.

Questions about 314, MYKA Residence

What did unit 314 last sell for?

AED 435,000 on 19 April 2023, sold by the developer: AED 982 per sqft for 443 sqft. It is the only registered sale of the unit.

What is the rent for unit 314?

AED 50,000 a year on the contract renewed on 9 July 2025. The previous contract, from July 2024, was AED 50,000.

How big is unit 314?

443 sqft (41.2 sqm): a studio on the 3rd floor of a 6-storey tower.

What is unit 314 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 314, MYKA Residence

Starts from the last sale price (AED 435K, 19 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

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