3-bed · 1,966 sqftMiska 1, The Old Town · 3rd floor · completed 2006

304, Miska 1

Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 2.77M21 April 2011
Current rentAED 290K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Miska 1

What is 304 worth today?

Last sold for AED 2,769,888 in 2011

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20 Jun 2024RentedRenewal
AED 290,000/yr60 months · AED 147 per sqft
20 Jun 2019RentedRenewal
AED 216,000/yr60 months · AED 110 per sqft
20 Jun 2017RentedRenewal
AED 240,000/yr24 months · AED 122 per sqft
20 Jun 2016RentedRenewal
AED 240,000/yr12 months · AED 122 per sqft
20 Jun 2014RentedNew contract
AED 230,000/yr24 months · AED 117 per sqft
21 Apr 2011Sold by developerReady
AED 2,769,888AED 1,408 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
3-bed apartment
Size
1,966 sqft
Floor
3rd of 6
Parking
B-3331, B-3355
Developer
Emaar
Completed
2006
Service charge
AED 40,500 /yr
Last sold
AED 2.77M · April 2011
Building
Miska 1

About 304, Miska 1

304 is a three-bedroom apartment of 1,966 sqft on the 3rd floor of Miska 1, a 6-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 21 April 2011 for AED 2,769,888, or AED 1,408 per sqft, 13% below the AED 1,617 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 20 June 2024, is AED 290,000 a year: a gross yield of 10.5% on the 2011 price, before the service charge of about AED 40,500 a year.

Sales and rents for 304 over time

Rents
Unit 304, each contractTypical three-bed in Miska 1
200K300K20142017202020232026Typical rent by year: 2015 AED 275,000; 2016 AED 245,000; 2017 AED 245,000; 2018 AED 186,000; 2020 AED 180,000; 2022 AED 215,000; 2023 AED 216,000; 2024 AED 255,000; 2025 AED 350,000New contract, June 2014: AED 230,000 a yearRenewal, June 2016: AED 240,000 a yearRenewal, June 2017: AED 240,000 a yearRenewal, June 2019: AED 216,000 a yearRenewal, June 2024: AED 290,000 a year

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

3-beds in Miska 1, and where 304 sits

All 7 3-beds →

304 last sold in April 2011 at AED 1,408 per sqft, 13% below what three-beds in Miska 1 were fetching at the time (AED 1,617).

Recent 3-bed salesUnit no.Price (AED)Summary
12 Sep 20255,900,000
15 Aug 20224,000,000
9 Feb 20223,250,000
15 Feb 20212,200,000
0 3-bed sales in the last 12 months

Miska 1

Building

31 apartments, 1-bed to 4-bed over 6 floors in The Old Town, completed in 2006 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,331
Typical sale
AED 2.33M
Typical rent
AED 163K /yr
Typical yield
5.1%
Miska 1, The Old Town: prices, sales and rents →

Other units on the 3rd floor

All 31 units in Miska 1
Value
3011-bedAED 1.65M · Aug 2013
3022-bedAED 2.01M · Nov 2009
3031-bedAED 1.79M · Aug 2010
3052-bedAED 2.12M · May 2010

304, Miska 1 in numbers

  • Sold once: by Emaar on 21 April 2011 for AED 2,769,888, or AED 1,408 per sqft.
  • Rented since June 2014 on 5 Ejari contracts, from AED 230,000 to AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2011 price is 10.5%, before a service charge of about AED 40,500 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 20 June 2024.

Questions about 304, Miska 1

What did unit 304 last sell for?

AED 2,769,888 on 21 April 2011, sold by the developer: AED 1,408 per sqft for 1,966 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 290,000 a year on the contract renewed on 20 June 2024. The previous contract, from June 2019, was AED 216,000; the unit has been rented since June 2014.

How big is unit 304?

1,966 sqft (182.6 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2006.

What is unit 304 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 304, Miska 1

Starts from the last sale price (AED 2.77M, 21 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,769,888
Deposit, UAE resident (20%)
AED 553,978
Deposit, non-resident (40%)
AED 1,107,955
Monthly over 25 years at 3.7%
AED 11,332

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