3-bed · 1,966 sqftMiska 1, The Old Town · 5th floor · completed 2006

504, Miska 1

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 3.29M14 March 2010
Current rentAED 350K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Miska 1

What is 504 worth today?

Last sold for AED 3,292,888 in 2010

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1 May 2025RentedRenewal
AED 350,000/yr12 months · AED 179 per sqft
1 May 2025RentedRenewal
AED 350,000/yr12 months · AED 179 per sqft
1 May 2025RentedRenewal
AED 350,000/yr12 months · AED 178 per sqft
1 May 2025RentedRenewal
AED 350,000/yr12 months · AED 178 per sqft
1 May 2024RentedRenewal
AED 255,000/yr12 months · AED 129 per sqft
1 May 2023RentedRenewal
AED 235,000/yr12 months · AED 119 per sqft
1 May 2022RentedNew contract
AED 225,000/yr12 months · AED 114 per sqft
14 Oct 2020RentedNew contract
AED 150,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
3-bed apartment
Size
1,966 sqft
Floor
5th of 6
Parking
B-3200, B-3201
Developer
Emaar
Completed
2006
Service charge
AED 40,500 /yr
Last sold
AED 3.29M · March 2010
Building
Miska 1

About 504, Miska 1

504 is a three-bedroom apartment of 1,966 sqft on the 5th floor of Miska 1, a 6-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 14 March 2010 for AED 3,292,888, or AED 1,674 per sqft, in line with the AED 1,658 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 16 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 350,000 a year: a gross yield of 10.6% on the 2010 price, before the service charge of about AED 40,500 a year.

Sales and rents for 504 over time

Rents
Unit 504, each contractTypical three-bed in Miska 1
200K300K2012201620202024Typical 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, November 2012: AED 210,000 a yearNew contract, February 2014: AED 280,000 a yearNew contract, February 2015: AED 280,000 a yearRenewal, February 2016: AED 308,000 a yearNew contract, January 2017: AED 275,000 a yearRenewal, January 2018: AED 275,000 a yearRenewal, January 2019: AED 262,000 a yearRenewal, January 2020: AED 262,000 a yearNew contract, October 2020: AED 150,000 a yearNew contract, May 2022: AED 225,000 a yearRenewal, May 2023: AED 235,000 a yearRenewal, May 2024: AED 255,000 a yearRenewal, May 2025: AED 350,000 a yearRenewal, May 2025: AED 350,000 a yearRenewal, May 2025: AED 350,000 a yearRenewal, May 2025: AED 350,000 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 504 sits

All 7 3-beds →

504 last sold in March 2010 at AED 1,674 per sqft, in line with what three-beds in Miska 1 were fetching at the time (AED 1,658).

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 5th floor

All 31 units in Miska 1
Value
5011-bedAED 1.47M · May 2023
5022-bedAED 2.19M · Aug 2010
5031-bedAED 2.3M · Dec 2024
5052-bedAED 3.75M · Feb 2026

504, Miska 1 in numbers

  • Sold once: by Emaar on 14 March 2010 for AED 3,292,888, or AED 1,674 per sqft.
  • Rented since November 2012 on 16 Ejari contracts. The rent fell from AED 210,000 to AED 150,000 in 2020 and recovered to AED 350,000 by May 2025.
  • At AED 350,000 a year the gross yield on the 2010 price is 10.6%, before a service charge of about AED 40,500 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 1 May 2025.

Questions about 504, Miska 1

What did unit 504 last sell for?

AED 3,292,888 on 14 March 2010, sold by the developer: AED 1,674 per sqft for 1,966 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 350,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 350,000; the unit has been rented since November 2012.

How big is unit 504?

1,966 sqft (182.6 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2006.

What is unit 504 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 504, Miska 1

Starts from the last sale price (AED 3.29M, 14 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,292,888
Deposit, UAE resident (20%)
AED 658,578
Deposit, non-resident (40%)
AED 1,317,155
Monthly over 25 years at 3.7%
AED 13,472

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