2-bed · 1,405 sqftMiska 5, The Old Town · 2nd floor · completed 2006

203, Miska 5

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

Unit 203 · DLD and Ejari recordsUpdated 10 May 2023
Last soldAED 2.2M10 May 2023
Current rentAED 88K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Miska 5

What is 203 worth today?

Last sold for AED 2,200,000 in 2023

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10 May 2023SoldReady
AED 2,200,000AED 1,565 per sqft
1 Oct 2021RentedRenewal
AED 88,000/yr12 months · AED 62 per sqft
1 Oct 2020RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
18 Jul 2019RentedRenewal
AED 105,000/yr12 months · AED 74 per sqft
16 Jul 2018RentedNew contract
AED 115,000/yr12 months · AED 82 per sqft
6 Mar 2017RentedRenewal
AED 160,000/yr12 months · AED 113 per sqft
6 Mar 2016RentedNew contract
AED 160,000/yr12 months · AED 113 per sqft
25 Feb 2015RentedNew contract
AED 165,000/yr12 months · AED 117 per sqft

Source: Dubai Land Department. Updated 10 May 2023.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
2nd of 3
Parking
B-3186
Developer
Emaar
Completed
2006
Service charge
AED 29,000 /yr
Last sold
AED 2.2M · May 2023
Building
Miska 5

About 203, Miska 5

203 is a two-bedroom apartment of 1,405 sqft on the 2nd floor of Miska 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 10 May 2023 for AED 2,200,000, or AED 1,565 per sqft.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 88,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 29,000 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Miska 5
1M2M2009201320172021Typical sale price by year: 2009 AED 1,866,444; 2010 AED 1,496,666; 2011 AED 1,937,888; 2012 AED 2,131,944; 2013 AED 2,584,888Sold by developer, November 2010: AED 1,038,944 (AED 739 per sqft)Sold, May 2023: AED 2,200,000 (AED 1,565 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Miska 5
100K150K2012201620202024Typical rent by year: 2013 AED 128,750; 2014 AED 152,250; 2015 AED 162,500; 2016 AED 160,000; 2017 AED 165,000; 2018 AED 130,000; 2019 AED 130,000; 2020 AED 120,000; 2021 AED 117,339; 2022 AED 123,000; 2023 AED 139,000; 2024 AED 168,500; 2025 AED 180,000; 2026 AED 168,500New contract, December 2012: AED 115,000 a yearNew contract, January 2014: AED 155,000 a yearNew contract, February 2015: AED 165,000 a yearNew contract, March 2016: AED 160,000 a yearRenewal, March 2017: AED 160,000 a yearNew contract, July 2018: AED 115,000 a yearRenewal, July 2019: AED 105,000 a yearNew contract, October 2020: AED 80,000 a yearRenewal, October 2021: AED 88,000 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 5, and where 203 sits

All 19 2-beds →

203's AED 88,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Dec 20242,700,000
8 Dec 20221,850,000
28 Jan 20221,925,000
19 Dec 20211,670,000
0 2-bed sales in the last 12 months

Miska 5

Building

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

Typical price per sqft
AED 2,119
Typical sale
AED 2.05M
Typical rent
AED 130K /yr
Typical yield
5.2%
Miska 5, The Old Town: prices, sales and rents →

Other units on the 2nd floor

All 44 units in Miska 5
Value
2011-bedAED 1.35M · Oct 2012
2021-bedAED 2.75M · Sep 2012
2042-bedAED 2.6M · Jul 2013
2051-bedAED 1.85M · Dec 2024
2061-bedAED 2.05M · Jan 2026
2072-bedAED 2.68M · May 2010
2082-bedAED 2.89M · Apr 2015
1–7 of 10

203, Miska 5 in numbers

  • Sold twice: first on 10 November 2010 for AED 1,038,944, last on 10 May 2023 for AED 2,200,000 (AED 1,565 per sqft).
  • Rented since December 2012 on 9 Ejari contracts, from AED 115,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 29,000 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 10 May 2023.

Questions about 203, Miska 5

What did unit 203 last sell for?

AED 2,200,000 on 10 May 2023: AED 1,565 per sqft for 1,405 sqft. The unit has 2 registered sales; the first was AED 1,038,944 in November 2010.

What is the rent for unit 203?

AED 88,000 a year on the contract renewed on 1 October 2021. The previous contract, from October 2020, was AED 80,000; the unit has been rented since December 2012.

How big is unit 203?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower completed in 2006.

What is unit 203 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 203, Miska 5

Starts from the last sale price (AED 2.2M, 10 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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