Studio · 441 sqftMYKA Residence, Dubai Production City (IMPZ) · 3rd floor

315, MYKA Residence

Sold prices and rental history: sold once, by the developer in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 16 June 2023
Last soldAED 475K16 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, MYKA Residence

What is 315 worth today?

Last sold for AED 475,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Jun 2023Sold by developerReady
AED 475,000AED 1,076 per sqft

Source: Dubai Land Department. Updated 16 June 2023.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
3rd of 6
Parking
G-16
Developer
Myka Luxe Real Estate Development
Last sold
AED 475K · June 2023

About 315, MYKA Residence

315 is a studio of 441 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 16 June 2023 for AED 475,000, or AED 1,076 per sqft, 11% above the AED 966 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 315 over time

Sales
Unit 315, 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, June 2023: AED 475,000 (AED 1,076 per sqft)

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

Rents
Unit 315, each contractTypical studio in MYKA Residence
40K45K50K20232024202520262027Typical rent by year: 2023 AED 39,500; 2024 AED 50,000; 2025 AED 50,000; 2026 AED 48,000

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 315 sits

All 60 studios →

315 last sold in June 2023 at AED 1,076 per sqft, 11% above what studios in MYKA Residence were fetching at the time (AED 966). 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.

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

315, MYKA Residence in numbers

  • Sold once: by Myka Luxe Real Estate Development on 16 June 2023 for AED 475,000, or AED 1,076 per sqft.
  • 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 16 June 2023.

Questions about 315, MYKA Residence

What did unit 315 last sell for?

AED 475,000 on 16 June 2023, sold by the developer: AED 1,076 per sqft for 441 sqft. It is the only registered sale of the unit.

How big is unit 315?

441 sqft (41.0 sqm): a studio on the 3rd floor of a 6-storey tower.

What is unit 315 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.

Selling 315? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 315, MYKA Residence

Starts from the last sale price (AED 475K, 16 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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