2-bed · 1,308 sqftMiska 5, The Old Town · 3rd floor · completed 2006

304, Miska 5

Sold prices and rental history: sold twice, last in February 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 7 February 2017
Last soldAED 2.3M7 February 2017
Current rentAED 100K /yr7 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Miska 5

What is 304 worth today?

Last sold for AED 2,300,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Feb 2017SoldReady
AED 2,300,000AED 1,758 per sqft
7 Nov 2014RentedNew contract
AED 100,000/yr12 months · AED 76 per sqft
6 Nov 2013RentedNew contract
AED 100,000/yr12 months · AED 76 per sqft
7 Mar 2011Sold by developerReady
AED 1,937,888AED 1,481 per sqft

Source: Dubai Land Department. Updated 7 February 2017.

Key facts

Type
2-bed apartment
Size
1,308 sqft
Floor
3rd of 3
Parking
B-3193
Developer
Emaar
Completed
2006
Service charge
AED 27,000 /yr
Last sold
AED 2.3M · February 2017
Building
Miska 5

About 304, Miska 5

304 is a two-bedroom apartment of 1,308 sqft on the 3rd floor of Miska 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 7 February 2017 for AED 2,300,000, or AED 1,758 per sqft.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 7 November 2014, is AED 100,000 a year: a gross yield of 4.3% on the 2017 price, before the service charge of about AED 27,000 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Miska 5
1.5M2M2.5M200920122015Typical 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, March 2011: AED 1,937,888 (AED 1,481 per sqft)Sold, February 2017: AED 2,300,000 (AED 1,758 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Miska 5
100K150K2013201720212025Typical 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, November 2013: AED 100,000 a yearNew contract, November 2014: AED 100,000 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 304 sits

All 19 2-beds →

304's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Dec 20242,700,000
10 May 20232,200,000
8 Dec 20221,850,000
28 Jan 20221,925,000
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 3rd floor

All 44 units in Miska 5
Value
3011-bedAED 1.73M · Dec 2022
3021-bedAED 1.69M · Jun 2023
3032-bedAED 1.93M · Jan 2022
3051-bedAED 533K · Sep 2009
3061-bedAED 1.53M · Mar 2013
3072-bedAED 2.36M · Apr 2009
3082-bedAED 1.8M · Apr 2019
1–7 of 10

304, Miska 5 in numbers

  • Sold twice: first on 7 March 2011 for AED 1,937,888, last on 7 February 2017 for AED 2,300,000 (AED 1,758 per sqft).
  • Rented since November 2013 on 2 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2017 price is 4.3%, before a service charge of about AED 27,000 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 7 February 2017.

Questions about 304, Miska 5

What did unit 304 last sell for?

AED 2,300,000 on 7 February 2017: AED 1,758 per sqft for 1,308 sqft. The unit has 2 registered sales; the first was AED 1,937,888 in March 2011.

What is the rent for unit 304?

AED 100,000 a year on the contract signed on 7 November 2014. The previous contract, from November 2013, was AED 100,000.

How big is unit 304?

1,308 sqft (121.5 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 304? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 304, Miska 5

Starts from the last sale price (AED 2.3M, 7 February 2017). 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 →