1-bed · 953 sqftGhaph Studio, Dubai Studio City · 7th floor

704, Ghaph Studio

Sold prices and rental history: sold once, by the developer in July 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 24 July 2024
Last soldAED 900K24 July 2024
Current rentAED 48K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Ghaph Studio

What is 704 worth today?

Last sold for AED 900,000 in 2024

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24 Jul 2024Sold by developerReady
AED 900,000AED 944 per sqft
1 Jun 2023RentedRenewal
AED 48,300/yr12 months · AED 50 per sqft
1 Jun 2022RentedNew contract
AED 46,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 24 July 2024.

Key facts

Type
1-bed apartment
Size
953 sqft
Floor
7th of 8
Parking
B-23
Service charge
AED 15,400 /yr
Last sold
AED 900K · July 2024
Building
Ghaph Studio

About 704, Ghaph Studio

704 is a one-bedroom apartment of 953 sqft on the 7th floor of Ghaph Studio, a 8-storey tower in Dubai Studio City. The developer sold it on 24 July 2024 for AED 900,000, or AED 944 per sqft, in line with the AED 939 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 48,300 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Ghaph Studio
600K800K202120232025Typical sale price by year: 2021 AED 553,869; 2022 AED 588,739; 2023 AED 650,000; 2024 AED 835,000; 2025 AED 840,000Sold by developer, July 2024: AED 900,000 (AED 944 per sqft)

704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704, each contractTypical one-bed in Ghaph Studio
50K60K202220242026Typical rent by year: 2022 AED 50,500; 2023 AED 54,600; 2024 AED 58,000; 2025 AED 65,000; 2026 AED 65,000New contract, June 2022: AED 46,000 a yearRenewal, June 2023: AED 48,300 a year

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

1-beds in Ghaph Studio, and where 704 sits

All 43 1-beds →

704 last sold in July 2024 at AED 944 per sqft, in line with what one-beds in Ghaph Studio were fetching at the time (AED 939). Over the last 12 months one-beds sold for AED 900,000, around AED 1,001 per sqft, and rent for AED 55,902 to 75,000 a year. 704's AED 48,300 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Sep 2026900,000
20 Oct 2025850,000
11 Jun 20251,100,000
9 Apr 2025830,000
1 1-bed sale 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
703StudioAED 420K · Sep 2023
7052-bedAED 1.25M · Mar 2024
7061-bedAED 695K · Apr 2022
7071-bedNo registered sale
708StudioAED 440K · Feb 2024
1–7 of 11

704, Ghaph Studio in numbers

  • Sold once: by the developer on 24 July 2024 for AED 900,000, or AED 944 per sqft.
  • Rented since June 2022 on 2 Ejari contracts, from AED 46,000 to AED 48,300 a year.
  • At AED 48,300 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 15,400 a year (AED 16.19 per sqft).
  • One-beds in Ghaph Studio sold for AED 900,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 1,001 per sqft.

Source: Dubai Land Department. Updated 24 July 2024.

Questions about 704, Ghaph Studio

What did unit 704 last sell for?

AED 900,000 on 24 July 2024, sold by the developer: AED 944 per sqft for 953 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 48,300 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 46,000.

How big is unit 704?

953 sqft (88.5 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ghaph Studio sold for AED 900,000 to 900,000 in the last 12 months, around AED 1,001 per sqft.

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Mortgage on 704, Ghaph Studio

Starts from the last sale price (AED 900K, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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