2-bed · 1,309 sqftMiska 5, The Old Town · 3rd floor · completed 2006

308, Miska 5

Sold prices and rental history: sold twice, last in April 2019, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 4 April 2019
Last soldAED 1.8M4 April 2019
Current rentAED 160K /yr1 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Miska 5

What is 308 worth today?

Last sold for AED 1,800,000 in 2019

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4 Apr 2019SoldReady
AED 1,800,000AED 1,375 per sqft
1 Jun 2015RentedNew contract
AED 160,000/yr12 months · AED 122 per sqft
31 Oct 2013RentedNew contract
AED 124,309/yr12 months · AED 95 per sqft
7 Sep 2010Sold by developerReady
AED 2,143,888AED 1,637 per sqft

Source: Dubai Land Department. Updated 4 April 2019.

Key facts

Type
2-bed apartment
Size
1,309 sqft
Floor
3rd of 3
Parking
B-3347
Developer
Emaar
Completed
2006
Service charge
AED 27,000 /yr
Last sold
AED 1.8M · April 2019
Building
Miska 5

About 308, Miska 5

308 is a two-bedroom apartment of 1,309 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 4 April 2019 for AED 1,800,000, or AED 1,375 per sqft.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 June 2015, is AED 160,000 a year: a gross yield of 8.9% on the 2019 price, before the service charge of about AED 27,000 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Miska 5
1.5M2M2.5M2009201220152018Typical 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, September 2010: AED 2,143,888 (AED 1,637 per sqft)Sold, April 2019: AED 1,800,000 (AED 1,375 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in Miska 5
150K2013201720212025Typical 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, October 2013: AED 124,309 a yearNew contract, June 2015: AED 160,000 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 308 sits

All 19 2-beds →

308's AED 160,000 is in the lower half 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
3042-bedAED 2.3M · Feb 2017
3051-bedAED 533K · Sep 2009
3061-bedAED 1.53M · Mar 2013
3072-bedAED 2.36M · Apr 2009
1–7 of 10

308, Miska 5 in numbers

  • Sold twice: first on 7 September 2010 for AED 2,143,888, last on 4 April 2019 for AED 1,800,000 (AED 1,375 per sqft).
  • Rented since October 2013 on 2 Ejari contracts, from AED 124,309 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2019 price is 8.9%, before a service charge of about AED 27,000 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 4 April 2019.

Questions about 308, Miska 5

What did unit 308 last sell for?

AED 1,800,000 on 4 April 2019: AED 1,375 per sqft for 1,309 sqft. The unit has 2 registered sales; the first was AED 2,143,888 in September 2010.

What is the rent for unit 308?

AED 160,000 a year on the contract signed on 1 June 2015. The previous contract, from October 2013, was AED 124,309.

How big is unit 308?

1,309 sqft (121.6 sqm): a two-bedroom apartment on the 3rd floor of a 3-storey tower completed in 2006.

What is unit 308 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 308, Miska 5

Starts from the last sale price (AED 1.8M, 4 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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