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

G03, Miska 5

Sold prices and rental history: sold once, by the developer in August 2010, 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 1 October 2022
Last soldAED 2.03M11 August 2010
Current rentAED 120K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Miska 5

What is G03 worth today?

Last sold for AED 2,029,888 in 2010

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1 Oct 2022RentedRenewal
AED 120,000/yr12 months · AED 85 per sqft
1 Oct 2021RentedRenewal
AED 120,000/yr12 months · AED 85 per sqft
1 Oct 2020RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
7 Sep 2019RentedNew contract
AED 140,000/yr12 months · AED 99 per sqft
15 Jul 2018RentedRenewal
AED 165,000/yr12 months · AED 117 per sqft
15 Jul 2017RentedRenewal
AED 200,000/yr12 months · AED 142 per sqft
15 Jul 2016RentedRenewal
AED 200,000/yr12 months · AED 142 per sqft
15 Jul 2015RentedNew contract
AED 200,000/yr12 months · AED 142 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
2-bed apartment
Size
1,405 sqft
Floor
Ground of 3
Parking
B-3349
Developer
Emaar
Completed
2006
Service charge
AED 29,000 /yr
Last sold
AED 2.03M · August 2010
Building
Miska 5

About G03, Miska 5

G03 is a two-bedroom apartment of 1,405 sqft on the ground floor of Miska 5, a 3-storey tower in The Old Town completed in 2006 by Emaar. The developer sold it on 11 August 2010 for AED 2,029,888, or AED 1,444 per sqft, 21% above the AED 1,198 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 120,000 a year: a gross yield of 5.9% on the 2010 price, before the service charge of about AED 29,000 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical two-bed in Miska 5
1.5M2M2.5M200920112013Typical 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, August 2010: AED 2,029,888 (AED 1,444 per sqft)

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

Rents
Unit G03, each contractTypical two-bed in Miska 5
150K200K2013201720212025Typical 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, July 2013: AED 150,000 a yearNew contract, July 2014: AED 200,000 a yearNew contract, July 2015: AED 200,000 a yearRenewal, July 2016: AED 200,000 a yearRenewal, July 2017: AED 200,000 a yearRenewal, July 2018: AED 165,000 a yearNew contract, September 2019: AED 140,000 a yearNew contract, October 2020: AED 120,000 a yearRenewal, October 2021: AED 120,000 a yearRenewal, October 2022: AED 120,000 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 G03 sits

All 19 2-beds →

G03 last sold in August 2010 at AED 1,444 per sqft, 21% above what two-beds in Miska 5 were fetching at the time (AED 1,198). G03's AED 120,000 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 ground floor

All 44 units in Miska 5
Value
G011-bedAED 1.49M · Aug 2010
G021-bedAED 1.59M · Aug 2010
G042-bedAED 1.06M · Jun 2010
G051-bedAED 1.08M · Aug 2010
G061-bedAED 2.05M · May 2016
G072-bedAED 2.58M · Oct 2013
G082-bedAED 1.07M · Mar 2011
1–7 of 10

G03, Miska 5 in numbers

  • Sold once: by Emaar on 11 August 2010 for AED 2,029,888, or AED 1,444 per sqft.
  • Rented since July 2013 on 10 Ejari contracts, from AED 150,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2010 price is 5.9%, before a service charge of about AED 29,000 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 1 October 2022.

Questions about G03, Miska 5

What did unit G03 last sell for?

AED 2,029,888 on 11 August 2010, sold by the developer: AED 1,444 per sqft for 1,405 sqft. It is the only registered sale of the unit.

What is the rent for unit G03?

AED 120,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 120,000; the unit has been rented since July 2013.

How big is unit G03?

1,405 sqft (130.5 sqm): a two-bedroom apartment on the ground floor of a 3-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.

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Mortgage on G03, Miska 5

Starts from the last sale price (AED 2.03M, 11 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,029,888
Deposit, UAE resident (20%)
AED 405,978
Deposit, non-resident (40%)
AED 811,955
Monthly over 25 years at 3.7%
AED 8,305

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