Studio · 443 sqftMYKA Residence, Dubai Production City (IMPZ) · 6th floor

614, MYKA Residence

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

Unit 614 · DLD and Ejari recordsUpdated 23 May 2026
Last soldAED 500K3 May 2023
Current rentAED 45K /yr23 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, MYKA Residence

What is 614 worth today?

Last sold for AED 500,000 in 2023

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23 May 2026RentedNew contract
AED 45,000/yr12 months · AED 102 per sqft
12 Jul 2025RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
12 Jul 2025RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
1 Dec 2024RentedNew contract
AED 54,853/yr12 months · AED 124 per sqft
3 May 2023Sold by developerReady
AED 500,000AED 1,129 per sqft

Source: Dubai Land Department. Updated 23 May 2026.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
6th of 6
Parking
G-19
Developer
Myka Luxe Real Estate Development
Last sold
AED 500K · May 2023

About 614, MYKA Residence

614 is a studio of 443 sqft on the 6th floor of MYKA Residence, a 6-storey tower in Dubai Production City (IMPZ) by Myka Luxe Real Estate Development . The developer sold it on 3 May 2023 for AED 500,000, or AED 1,129 per sqft, 17% above the AED 963 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 23 May 2026, is AED 45,000 a year: a gross yield of 9.0% on the 2023 price.

Sales and rents for 614 over time

Sales
Unit 614, 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, May 2023: AED 500,000 (AED 1,129 per sqft)

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

Rents
Unit 614, each contractTypical studio in MYKA Residence
40K50K20232024202520262027Typical rent by year: 2023 AED 39,500; 2024 AED 50,000; 2025 AED 50,000; 2026 AED 48,000New contract, December 2024: AED 54,853 a yearNew contract, July 2025: AED 50,000 a yearNew contract, July 2025: AED 50,000 a yearNew contract, May 2026: AED 45,000 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 614 sits

All 60 studios →

614 last sold in May 2023 at AED 1,129 per sqft, 17% above what studios in MYKA Residence were fetching at the time (AED 963). 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. 614's AED 45,000 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 6th floor

All 119 units in MYKA Residence
Value
6011-bedAED 1.23M · Jun 2024
6021-bedAED 1.37M · Mar 2023
6031-bedAED 955K · Feb 2024
6041-bedAED 1.08M · May 2026
6051-bedAED 1.28M · Feb 2023
6062-bedAED 1.77M · Feb 2023
6071-bedAED 1.08M · Jun 2024
1–7 of 19

614, MYKA Residence in numbers

  • Sold once: by Myka Luxe Real Estate Development on 3 May 2023 for AED 500,000, or AED 1,129 per sqft.
  • Rented since December 2024 on 4 Ejari contracts, from AED 54,853 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 9.0%.
  • 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 23 May 2026.

Questions about 614, MYKA Residence

What did unit 614 last sell for?

AED 500,000 on 3 May 2023, sold by the developer: AED 1,129 per sqft for 443 sqft. It is the only registered sale of the unit.

What is the rent for unit 614?

AED 45,000 a year on the contract signed on 23 May 2026. The previous contract, from July 2025, was AED 50,000; the unit has been rented since December 2024.

How big is unit 614?

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

What is unit 614 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 614, MYKA Residence

Starts from the last sale price (AED 500K, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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