2-bed · 1,241 sqftMiska 3, The Old Town · Ground floor · completed 2006

G03, Miska 3

Sold prices and rental history: sold twice, last in May 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 20 January 2023
Last soldAED 1.95M15 May 2012
Current rentAED 155K /yr20 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Miska 3

What is G03 worth today?

Last sold for AED 1,950,000 in 2012

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20 Jan 2023RentedNew contract
AED 155,000/yr12 months · AED 73 per sqft
16 Jan 2022RentedNew contract
AED 135,000/yr12 months · AED 109 per sqft
10 Jan 2021RentedRenewal
AED 110,000/yr12 months · AED 89 per sqft
10 Jan 2020RentedRenewal
AED 135,000/yr12 months · AED 109 per sqft
10 Jan 2019RentedNew contract
AED 140,000/yr12 months · AED 113 per sqft
6 Nov 2016RentedRenewal
AED 185,000/yr12 months · AED 149 per sqft
6 Nov 2015RentedNew contract
AED 185,000/yr12 months · AED 149 per sqft
1 Nov 2014RentedNew contract
AED 200,000/yr12 months · AED 162 per sqft

Source: Dubai Land Department. Updated 20 January 2023.

Key facts

Type
2-bed apartment
Size
1,241 sqft
Floor
Ground of 2
Parking
B-3276
Developer
Emaar
Completed
2006
Service charge
AED 25,600 /yr
Last sold
AED 1.95M · May 2012
Building
Miska 3

About G03, Miska 3

G03 is a two-bedroom apartment of 1,241 sqft on the ground floor of Miska 3, a 2-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 15 May 2012 for AED 1,950,000, or AED 1,571 per sqft, 13% above the AED 1,393 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 20 January 2023, is AED 155,000 a year: a gross yield of 8.0% on the 2012 price, before the service charge of about AED 25,600 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical two-bed in Miska 3
1M2M3M20092013201720212025Typical sale price by year: 2009 AED 1,027,444; 2010 AED 1,734,888; 2012 AED 1,839,444; 2015 AED 2,600,000; 2023 AED 2,625,000; 2024 AED 3,150,000Sold, May 2012: AED 1,950,000 (AED 1,571 per sqft)Sold by developer, May 2012: AED 1,728,888 (AED 1,393 per sqft)

G03 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G03, each contractTypical two-bed in Miska 3
100K150K200K2013201720212025Typical rent by year: 2013 AED 140,000; 2014 AED 180,000; 2015 AED 165,000; 2016 AED 170,000; 2017 AED 163,000; 2018 AED 140,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 100,000; 2022 AED 135,000; 2023 AED 155,000; 2025 AED 210,000; 2026 AED 170,000New contract, November 2013: AED 147,692 a yearNew contract, November 2014: AED 200,000 a yearNew contract, November 2015: AED 185,000 a yearRenewal, November 2016: AED 185,000 a yearNew contract, January 2019: AED 140,000 a yearRenewal, January 2020: AED 135,000 a yearRenewal, January 2021: AED 110,000 a yearNew contract, January 2022: AED 135,000 a yearNew contract, January 2023: AED 155,000 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 3, and where G03 sits

All 13 2-beds →

G03 last sold in May 2012 at AED 1,571 per sqft, 13% above what two-beds in Miska 3 were fetching at the time (AED 1,393). Over the last 12 months two-beds sold for AED 3,350,000, around AED 2,530 per sqft, and rent for AED 140,000 to 225,000 a year. G03's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Apr 20263,350,000
11 Nov 20244,150,000
8 Oct 20243,150,000
4 Jul 20243,000,000
1 2-bed sale in the last 12 months

Miska 3

Building

41 apartments, 1-bed to 2-bed over 2 floors in The Old Town, completed in 2006 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 2,146
Typical sale
AED 2.05M
Typical rent
AED 134K /yr
Typical yield
5.1%
Miska 3, The Old Town: prices, sales and rents →

Other units on the ground floor

All 41 units in Miska 3
Value
G022-bedAED 930K · Sep 2009
G041-bedAED 1.3M · Oct 2012
G051-bedAED 1.8M · Mar 2018
G061-bedAED 1.17M · Aug 2010
G071-bedAED 2.15M · Oct 2024
G081-bedAED 1.25M · Oct 2020
G092-bedAED 3.2M · Mar 2023
1–7 of 12

G03, Miska 3 in numbers

  • Sold twice: first on 9 May 2012 for AED 1,728,888, last on 15 May 2012 for AED 1,950,000 (AED 1,571 per sqft).
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 147,692 to AED 110,000 in 2021 and recovered to AED 155,000 by January 2023.
  • At AED 155,000 a year the gross yield on the 2012 price is 8.0%, before a service charge of about AED 25,600 a year (AED 20.62 per sqft).
  • Two-beds in Miska 3 sold for AED 3,350,000–3,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,146 per sqft.

Source: Dubai Land Department. Updated 20 January 2023.

Questions about G03, Miska 3

What did unit G03 last sell for?

AED 1,950,000 on 15 May 2012: AED 1,571 per sqft for 1,241 sqft. The unit has 2 registered sales; the first was AED 1,728,888 in May 2012.

What is the rent for unit G03?

AED 155,000 a year on the contract signed on 20 January 2023. The previous contract, from January 2022, was AED 135,000; the unit has been rented since November 2013.

How big is unit G03?

1,241 sqft (115.3 sqm): a two-bedroom apartment on the ground floor of a 2-storey tower completed in 2006.

What is unit G03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Miska 3 sold for AED 3,350,000 to 3,350,000 in the last 12 months, around AED 2,530 per sqft.

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Mortgage on G03, Miska 3

Starts from the last sale price (AED 1.95M, 15 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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