2-bed · 1,427 sqftMiska 1, The Old Town · 4th floor · completed 2006

402, Miska 1

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 10 January 2025
Last soldAED 3.25M10 January 2025
Current rentAED 142K /yr26 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Miska 1

What is 402 worth today?

Last sold for AED 3,250,000 in 2025

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10 Jan 2025SoldReady
AED 3,250,000AED 2,277 per sqft
26 Nov 2023RentedRenewal
AED 142,000/yr12 months · AED 99 per sqft
26 Nov 2022RentedRenewal
AED 132,500/yr12 months · AED 93 per sqft
26 Nov 2021RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
1 Nov 2020RentedRenewal
AED 112,000/yr13 months · AED 78 per sqft
1 Nov 2019RentedNew contract
AED 115,000/yr12 months · AED 80 per sqft
18 Jun 2018RentedRenewal
AED 149,000/yr12 months · AED 104 per sqft
18 Jun 2017RentedNew contract
AED 160,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 10 January 2025.

Key facts

Type
2-bed apartment
Size
1,427 sqft
Floor
4th of 6
Parking
B-3199
Developer
Emaar
Completed
2006
Service charge
AED 29,400 /yr
Last sold
AED 3.25M · January 2025
Building
Miska 1

About 402, Miska 1

402 is a two-bedroom apartment of 1,427 sqft on the 4th floor of Miska 1, a 6-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 10 January 2025 for AED 3,250,000, or AED 2,277 per sqft, 5% above the AED 2,172 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 26 November 2023, is AED 142,000 a year: a gross yield of 4.4% on the 2025 price, before the service charge of about AED 29,400 a year.

Sales and rents for 402 over time

Rents
Unit 402, each contractTypical two-bed in Miska 1
100K150K2013201720212025Typical rent by year: 2013 AED 140,000; 2014 AED 180,000; 2015 AED 172,500; 2017 AED 160,000; 2018 AED 151,750; 2019 AED 147,500; 2020 AED 97,500; 2021 AED 115,000; 2022 AED 132,500; 2023 AED 160,000; 2024 AED 180,000; 2025 AED 175,000; 2026 AED 169,000New contract, May 2015: AED 175,000 a yearRenewal, May 2016: AED 175,000 a yearNew contract, June 2017: AED 160,000 a yearRenewal, June 2018: AED 149,000 a yearNew contract, November 2019: AED 115,000 a yearRenewal, November 2020: AED 112,000 a yearNew contract, November 2021: AED 120,000 a yearRenewal, November 2022: AED 132,500 a yearRenewal, November 2023: AED 142,000 a year

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

2-beds in Miska 1, and where 402 sits

All 11 2-beds →

402 last sold in January 2025 at AED 2,277 per sqft, 5% above what two-beds in Miska 1 were fetching at the time (AED 2,172). Over the last 12 months two-beds sold for AED 3,750,000, around AED 2,670 per sqft, and rent for AED 162,750 to 180,000 a year. 402's AED 142,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20263,750,000
23 Apr 20243,100,000
2 Feb 20242,800,000
20 Sep 20232,700,000
1 2-bed sale 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 4th floor

All 31 units in Miska 1
Value
4011-bedAED 1.43M · Jul 2023
4031-bedAED 2.4M · Nov 2024
4043-bedAED 4M · Aug 2022
4052-bedAED 2.7M · Sep 2023

402, Miska 1 in numbers

  • Sold twice: first on 8 August 2010 for AED 2,171,888, last on 10 January 2025 for AED 3,250,000 (AED 2,277 per sqft).
  • Rented since May 2015 on 9 Ejari contracts. The rent fell from AED 175,000 to AED 112,000 in 2020 and recovered to AED 142,000 by November 2023.
  • At AED 142,000 a year the gross yield on the 2025 price is 4.4%, before a service charge of about AED 29,400 a year (AED 20.62 per sqft).
  • Two-beds in Miska 1 sold for AED 3,750,000–3,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,331 per sqft.

Source: Dubai Land Department. Updated 10 January 2025.

Questions about 402, Miska 1

What did unit 402 last sell for?

AED 3,250,000 on 10 January 2025: AED 2,277 per sqft for 1,427 sqft. The unit has 2 registered sales; the first was AED 2,171,888 in August 2010.

What is the rent for unit 402?

AED 142,000 a year on the contract renewed on 26 November 2023. The previous contract, from November 2022, was AED 132,500; the unit has been rented since May 2015.

How big is unit 402?

1,427 sqft (132.6 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2006.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Miska 1 sold for AED 3,750,000 to 3,750,000 in the last 12 months, around AED 2,670 per sqft.

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Mortgage on 402, Miska 1

Starts from the last sale price (AED 3.25M, 10 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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