1-bed · 1,203 sqftMiska 1, The Old Town · 5th floor · completed 2006

503, Miska 1

Sold prices and rental history: sold twice, last in December 2024, and rented once, from September 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 2.3M9 December 2024
Current rentAED 115K /yr5 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Miska 1

What is 503 worth today?

Last sold for AED 2,300,000 in 2024

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9 Dec 2024SoldReady
AED 2,300,000AED 1,911 per sqft
5 Sep 2015RentedNew contract
AED 115,000/yr12 months · AED 95 per sqft
16 Aug 2011Sold by developerReady
AED 1,684,888AED 1,400 per sqft

Source: Dubai Land Department. Updated 9 December 2024.

Key facts

Type
1-bed apartment
Size
1,203 sqft
Floor
5th of 6
Parking
B-3683
Developer
Emaar
Completed
2006
Service charge
AED 24,800 /yr
Last sold
AED 2.3M · December 2024
Building
Miska 1

About 503, Miska 1

503 is a one-bedroom apartment of 1,203 sqft on the 5th floor of Miska 1, a 6-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 9 December 2024 for AED 2,300,000, or AED 1,911 per sqft, in line with the AED 1,911 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 September 2015. The current contract, signed on 5 September 2015, is AED 115,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 24,800 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Miska 1
1M2M2009201420192024Typical sale price by year: 2009 AED 1,165,888; 2010 AED 1,792,888; 2011 AED 1,614,888; 2023 AED 1,470,000; 2024 AED 2,400,000Sold by developer, August 2011: AED 1,684,888 (AED 1,400 per sqft)Sold, December 2024: AED 2,300,000 (AED 1,911 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Miska 1
75K100K125K2013201720212025Typical rent by year: 2013 AED 95,000; 2015 AED 117,500; 2016 AED 115,000; 2017 AED 125,000; 2019 AED 97,500; 2020 AED 86,500; 2021 AED 80,000; 2022 AED 84,000; 2023 AED 110,000; 2024 AED 120,000; 2025 AED 117,000; 2026 AED 117,000New contract, September 2015: AED 115,000 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 Miska 1, and where 503 sits

All 11 1-beds →

503 last sold in December 2024 at AED 1,911 per sqft, in line with what one-beds in Miska 1 were fetching at the time (AED 1,911). Over the last 12 months one-beds sold for AED 900,000, around AED 1,991 per sqft, and rent for AED 110,000 to 120,000 a year. 503's AED 115,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jun 2026900,000
19 Nov 20242,400,000
29 May 20242,400,000
6 Jul 20231,425,000
1 1-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 5th floor

All 31 units in Miska 1
Value
5011-bedAED 1.47M · May 2023
5022-bedAED 2.19M · Aug 2010
5043-bedAED 3.29M · Mar 2010
5052-bedAED 3.75M · Feb 2026

503, Miska 1 in numbers

  • Sold twice: first on 16 August 2011 for AED 1,684,888, last on 9 December 2024 for AED 2,300,000 (AED 1,911 per sqft).
  • Rented since September 2015 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 24,800 a year (AED 20.62 per sqft).
  • One-beds in Miska 1 sold for AED 900,000–900,000 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 9 December 2024.

Questions about 503, Miska 1

What did unit 503 last sell for?

AED 2,300,000 on 9 December 2024: AED 1,911 per sqft for 1,203 sqft. The unit has 2 registered sales; the first was AED 1,684,888 in August 2011.

What is the rent for unit 503?

AED 115,000 a year on the contract signed on 5 September 2015.

How big is unit 503?

1,203 sqft (111.8 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2006.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Miska 1 sold for AED 900,000 to 900,000 in the last 12 months, around AED 1,991 per sqft.

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Mortgage on 503, Miska 1

Starts from the last sale price (AED 2.3M, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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