2-bed · 1,404 sqftMiska 1, The Old Town · 4th floor · completed 2006

405, Miska 1

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 2.7M20 September 2023
Current rentAED 175K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Miska 1

What is 405 worth today?

Last sold for AED 2,700,000 in 2023

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1 Jun 2026RentedRenewal
AED 175,000/yr12 months · AED 125 per sqft
1 Jun 2025RentedNew contract
AED 175,000/yr12 months · AED 125 per sqft
1 Jun 2025RentedNew contract
AED 175,000/yr12 months · AED 125 per sqft
20 Sep 2023SoldReady
AED 2,700,000AED 1,923 per sqft
15 Oct 2021RentedRenewal
AED 104,500/yr12 months · AED 74 per sqft
15 Oct 2020RentedNew contract
AED 95,000/yr12 months · AED 68 per sqft
22 Apr 2019RentedNew contract
AED 145,000/yr12 months · AED 103 per sqft
22 Apr 2018RentedNew contract
AED 145,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
1,404 sqft
Floor
4th of 6
Parking
B-3342
Developer
Emaar
Completed
2006
Service charge
AED 29,000 /yr
Last sold
AED 2.7M · September 2023
Building
Miska 1

About 405, Miska 1

405 is a two-bedroom apartment of 1,404 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 20 September 2023 for AED 2,700,000, or AED 1,923 per sqft.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 175,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 29,000 a year.

Sales and rents for 405 over time

Rents
Unit 405, each contractTypical two-bed in Miska 1
100K150K2012201620202024Typical 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, November 2012: AED 140,000 a yearNew contract, November 2013: AED 140,000 a yearNew contract, December 2014: AED 180,000 a yearNew contract, January 2016: AED 170,000 a yearNew contract, January 2017: AED 165,000 a yearNew contract, April 2018: AED 145,000 a yearNew contract, April 2019: AED 145,000 a yearNew contract, October 2020: AED 95,000 a yearRenewal, October 2021: AED 104,500 a yearNew contract, June 2025: AED 175,000 a yearNew contract, June 2025: AED 175,000 a yearRenewal, June 2026: AED 175,000 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 405 sits

All 11 2-beds →

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. 405's AED 175,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20263,750,000
10 Jan 20253,250,000
23 Apr 20243,100,000
2 Feb 20242,800,000
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
4022-bedAED 3.25M · Jan 2025
4031-bedAED 2.4M · Nov 2024
4043-bedAED 4M · Aug 2022

405, Miska 1 in numbers

  • Sold 3 times: first on 8 August 2010 for AED 2,141,888, last on 20 September 2023 for AED 2,700,000 (AED 1,923 per sqft).
  • Rented since November 2012 on 12 Ejari contracts. The rent fell from AED 140,000 to AED 95,000 in 2020 and recovered to AED 175,000 by June 2026.
  • At AED 175,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 29,000 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 1 June 2026.

Questions about 405, Miska 1

What did unit 405 last sell for?

AED 2,700,000 on 20 September 2023: AED 1,923 per sqft for 1,404 sqft. The unit has 3 registered sales; the first was AED 2,141,888 in August 2010.

What is the rent for unit 405?

AED 175,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 175,000; the unit has been rented since November 2012.

How big is unit 405?

1,404 sqft (130.4 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2006.

What is unit 405 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 405, Miska 1

Starts from the last sale price (AED 2.7M, 20 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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