Studio · 567 sqftCricket Tower, Dubai Sports City · 4th floor · completed 2016

408, Cricket Tower

Sold prices and rental history: sold twice, last in October 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 470K31 October 2016
Current rentAED 23K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Cricket Tower

What is 408 worth today?

Last sold for AED 470,000 in 2016

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1 Nov 2020RentedNew contract
AED 23,000/yr12 months · AED 40 per sqft
9 Dec 2019RentedNew contract
AED 26,000/yr12 months · AED 46 per sqft
1 Mar 2019RentedNew contract
AED 35,000/yr12 months · AED 61 per sqft
20 Feb 2017RentedNew contract
AED 48,000/yr12 months · AED 83 per sqft
31 Oct 2016SoldOff-plan
AED 470,000AED 829 per sqft
30 Oct 2016Sold by developerOff-plan
AED 378,888AED 668 per sqft

Source: Dubai Land Department. Updated 1 November 2020.

Key facts

Type
Studio apartment
Size
567 sqft
Floor
4th of 14
Parking
B1-25
Developer
Falak Properties
Completed
2016
Service charge
AED 8,000 /yr
Last sold
AED 470K · October 2016

About 408, Cricket Tower

408 is a studio of 567 sqft on the 4th floor of Cricket Tower, a 14-storey tower in Dubai Sports City completed in 2016 by Falak Properties. It last sold on 31 October 2016 for AED 470,000, or AED 829 per sqft, 24% above the AED 668 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 November 2020, is AED 23,000 a year: a gross yield of 4.9% on the 2016 price, before the service charge of about AED 8,000 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Cricket Tower
300K400K500K2010201520202025Typical sale price by year: 2010 AED 356,274; 2015 AED 300,000; 2016 AED 378,888; 2017 AED 410,000; 2018 AED 400,000; 2019 AED 310,000; 2023 AED 350,000; 2024 AED 360,000; 2025 AED 440,000; 2026 AED 450,000Sold, October 2016: AED 470,000 (AED 829 per sqft)Sold by developer, October 2016: AED 378,888 (AED 668 per sqft)

408 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 408, each contractTypical studio in Cricket Tower
20K40K2017202020232026Typical rent by year: 2017 AED 43,000; 2018 AED 38,000; 2019 AED 30,000; 2020 AED 25,200; 2021 AED 23,000; 2022 AED 26,000; 2023 AED 30,000; 2024 AED 33,880; 2025 AED 37,000; 2026 AED 40,000New contract, February 2017: AED 48,000 a yearNew contract, March 2019: AED 35,000 a yearNew contract, December 2019: AED 26,000 a yearNew contract, November 2020: AED 23,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Cricket Tower, and where 408 sits

All 84 studios →

408 last sold in October 2016 at AED 829 per sqft, 24% above what studios in Cricket Tower were fetching at the time (AED 668). Over the last 12 months studios sold for AED 410,000 to 465,000, around AED 920 per sqft, and rent for AED 25,000 to 66,000 a year. 408's AED 23,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Aug 2026410,000
2 Jun 2026450,000
18 May 2026465,000
23 Dec 2025460,000
6 studio sales in the last 12 months

Cricket Tower

Building

168 apartments, studios to 1-bed over 14 floors in Dubai Sports City, completed in 2016 by Falak Properties. 12 sold in the last 12 months.

Typical price per sqft
AED 913 Down 2.6%
Typical sale
AED 493K
Typical rent
AED 47K /yr
Typical yield
8.8%
Cricket Tower, Dubai Sports City: prices, sales and rents →

Other units on the 4th floor

All 168 units in Cricket Tower
Value
4011-bedAED 665K · Jan 2025
4021-bedAED 250K · May 2016
4031-bedAED 497K · May 2010
4041-bedAED 270K · May 2016
405StudioAED 260K · Oct 2019
4061-bedAED 409K · Jun 2017
407StudioAED 300K · Jul 2024
1–7 of 11

408, Cricket Tower in numbers

  • Sold twice: first on 30 October 2016 for AED 378,888, last on 31 October 2016 for AED 470,000 (AED 829 per sqft).
  • Rented since February 2017 on 4 Ejari contracts, from AED 48,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2016 price is 4.9%, before a service charge of about AED 8,000 a year (AED 14.20 per sqft).
  • Studios in Cricket Tower sold for AED 410,000–465,000 in the 12 months to November 2026; the building's median across all types is AED 913 per sqft.

Source: Dubai Land Department. Updated 1 November 2020.

Questions about 408, Cricket Tower

What did unit 408 last sell for?

AED 470,000 on 31 October 2016: AED 829 per sqft for 567 sqft. The unit has 2 registered sales; the first was AED 378,888 in October 2016.

What is the rent for unit 408?

AED 23,000 a year on the contract signed on 1 November 2020. The previous contract, from December 2019, was AED 26,000; the unit has been rented since February 2017.

How big is unit 408?

567 sqft (52.7 sqm): a studio on the 4th floor of a 14-storey tower completed in 2016.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Cricket Tower sold for AED 410,000 to 465,000 in the last 12 months, around AED 920 per sqft.

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Mortgage on 408, Cricket Tower

Starts from the last sale price (AED 470K, 31 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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