415, MYKA Residence
Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 415, MYKA Residence
What is 415 worth today?
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Source: Dubai Land Department. Updated 1 April 2023.
Key facts
- Type
- Studio apartment
- Size
- 441 sqft
- Floor
- 4th of 6
- Parking
- G-15
- Developer
- Myka Luxe Real Estate Development
- Last sold
- AED 425K · March 2023
- Building
- MYKA Residence
About 415, MYKA Residence
415 is a studio of 441 sqft on the 4th floor of MYKA Residence, a 6-storey tower in Dubai Production City (IMPZ) by Myka Luxe Real Estate Development . The developer sold it on 6 March 2023 for AED 425,000, or AED 963 per sqft, in line with the AED 961 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 April 2023. The current contract, signed on 1 April 2023, is AED 39,000 a year: a gross yield of 9.2% on the 2023 price.
Sales and rents for 415 over time
415 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 415 sits
All 60 studios →415 last sold in March 2023 at AED 963 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. 415's AED 39,000 is in the lower half 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 4th floor
All 119 units in MYKA Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 1,169 sqft | AED 1.23MAED 1,230,250 · Mar 2024March 2024 | 60,000 /yr | |
| 402 | 1-bed | 892 sqft | AED 946KAED 946,200 · Apr 2024April 2024 | ||
| 403 | 1-bed | 893 sqft | AED 1.1MAED 1,100,000 · Feb 2026February 2026 | ||
| 404 | 1-bed | 956 sqft | AED 1.02MAED 1,023,360 · Jul 2024July 2024 | ||
| 405 | 1-bed | 926 sqft | AED 980KAED 980,400 · Apr 2024April 2024 | ||
| 406 | 2-bed | 1,166 sqft | AED 1.76MAED 1,760,000 · Feb 2023February 2023 | ||
| 407 | 1-bed | 962 sqft | AED 1.07MAED 1,073,000 · Jul 2024July 2024 | 87,000 /yr | |
| 408 | Studio | 440 sqft | AED 460KAED 460,000 · Jul 2023July 2023 | 48,000 /yr | |
| 409 | Studio | 442 sqft | AED 600KAED 600,000 · Jun 2025June 2025 | 52,000 /yr | |
| 410 | Studio | 442 sqft | AED 425KAED 425,000 · Mar 2023March 2023 | 48,000 /yr | |
| 411 | Studio | 442 sqft | AED 425KAED 425,000 · Mar 2023March 2023 | 48,000 /yr | |
| 412 | Studio | 443 sqft | AED 521KAED 521,000 · Aug 2023August 2023 | 45,000 /yr | |
| 413 | Studio | 442 sqft | AED 625KAED 625,000 · Jun 2025June 2025 | 55,000 /yr | |
| 414 | Studio | 443 sqft | AED 465KAED 465,000 · Jul 2023July 2023 | 50,000 /yr | |
| 416 | Studio | 442 sqft | AED 425KAED 425,000 · Mar 2023March 2023 | 50,000 /yr | |
| 417 | Studio | 440 sqft | AED 425KAED 425,000 · Mar 2023March 2023 | 52,000 /yr | |
| 418 | 1-bed | 956 sqft | AED 1.2MAED 1,200,000 · Jul 2026July 2026 | 75,000 /yr | |
| 419 | 2-bed | 1,175 sqft | AED 1.53MAED 1,534,250 · May 2024May 2024 | ||
| 420 | 1-bed | 916 sqft | AED 1.42MAED 1,420,000 · Aug 2023August 2023 |
415, MYKA Residence in numbers
- Sold once: by Myka Luxe Real Estate Development on 6 March 2023 for AED 425,000, or AED 963 per sqft.
- Rented since April 2023 on one Ejari contract, at AED 39,000 a year.
- At AED 39,000 a year the gross yield on the 2023 price is 9.2%.
- 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 April 2023.
Questions about 415, MYKA Residence
What did unit 415 last sell for?
AED 425,000 on 6 March 2023, sold by the developer: AED 963 per sqft for 441 sqft. It is the only registered sale of the unit.
What is the rent for unit 415?
AED 39,000 a year on the contract signed on 1 April 2023.
How big is unit 415?
441 sqft (41.0 sqm): a studio on the 4th floor of a 6-storey tower.
What is unit 415 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 415, MYKA Residence
Starts from the last sale price (AED 425K, 6 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 →