Studio · 480 sqftGhaph Studio, Dubai Studio City · 7th floor

703, Ghaph Studio

Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 10 June 2025
Last soldAED 420K22 September 2023
Current rentAED 40K /yr10 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Ghaph Studio

What is 703 worth today?

Last sold for AED 420,000 in 2023

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10 Jun 2025RentedRenewal
AED 39,750/yr5 months · AED 83 per sqft
10 Jun 2024RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
22 Sep 2023Sold by developerReady
AED 420,000AED 874 per sqft
19 Jul 2022RentedNew contract
AED 30,500/yr13 months · AED 63 per sqft

Source: Dubai Land Department. Updated 10 June 2025.

Key facts

Type
Studio apartment
Size
480 sqft
Floor
7th of 8
Parking
B-24
Service charge
AED 7,800 /yr
Last sold
AED 420K · September 2023
Building
Ghaph Studio

About 703, Ghaph Studio

703 is a studio of 480 sqft on the 7th floor of Ghaph Studio, a 8-storey tower in Dubai Studio City. The developer sold it on 22 September 2023 for AED 420,000, or AED 874 per sqft, 6% above the AED 827 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 10 June 2025, is AED 39,750 a year: a gross yield of 9.5% on the 2023 price, before the service charge of about AED 7,800 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical studio in Ghaph Studio
300K400K20212022202320242025Typical sale price by year: 2021 AED 294,499; 2023 AED 395,000; 2024 AED 425,000Sold by developer, September 2023: AED 420,000 (AED 874 per sqft)

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

Rents
Unit 703, each contractTypical studio in Ghaph Studio
30K40K202220242026Typical rent by year: 2022 AED 30,000; 2023 AED 35,875; 2024 AED 40,000; 2025 AED 42,000; 2026 AED 44,000New contract, July 2022: AED 30,500 a yearNew contract, June 2024: AED 40,000 a yearRenewal, June 2025: AED 39,750 a year

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

Studios in Ghaph Studio, and where 703 sits

All 28 studios →

703 last sold in September 2023 at AED 874 per sqft, 6% above what studios in Ghaph Studio were fetching at the time (AED 827). 703's AED 39,750 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Sep 2025490,000
16 May 2025520,000
21 May 2024200,000
3 Apr 2024425,000
0 studio sales in the last 12 months

Ghaph Studio

Building

78 apartments, studios to 2-bed over 8 floors in Dubai Studio City. 1 sold in the last 12 months.

Typical price per sqft
AED 1,001
Typical sale
AED 900K
Typical rent
AED 60K /yr
Typical yield
8.1%
Ghaph Studio, Dubai Studio City: prices, sales and rents →

Other units on the 7th floor

All 78 units in Ghaph Studio
Value
7011-bedAED 670K · Jul 2023
702StudioAED 440K · Nov 2023
7041-bedAED 900K · Jul 2024
7052-bedAED 1.25M · Mar 2024
7061-bedAED 695K · Apr 2022
7071-bedNo registered sale
708StudioAED 440K · Feb 2024
1–7 of 11

703, Ghaph Studio in numbers

  • Sold once: by the developer on 22 September 2023 for AED 420,000, or AED 874 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 30,500 to AED 39,750 a year.
  • At AED 39,750 a year the gross yield on the 2023 price is 9.5%, before a service charge of about AED 7,800 a year (AED 16.19 per sqft).

Source: Dubai Land Department. Updated 10 June 2025.

Questions about 703, Ghaph Studio

What did unit 703 last sell for?

AED 420,000 on 22 September 2023, sold by the developer: AED 874 per sqft for 480 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 39,750 a year on the contract renewed on 10 June 2025. The previous contract, from June 2024, was AED 40,000; the unit has been rented since July 2022.

How big is unit 703?

480 sqft (44.6 sqm): a studio on the 7th floor of a 8-storey tower.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 703, Ghaph Studio

Starts from the last sale price (AED 420K, 22 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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