307, Micasa Avenue
Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Micasa Avenue
What is 307 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 666 sqft
- Floor
- 3rd of 7
- Parking
- B-06
- Developer
- Diamond Real Estate Developer
- Completed
- 2018
- Service charge
- AED 9,300 /yr
- Last sold
- AED 635K · March 2019
- Building
- Micasa Avenue
About 307, Micasa Avenue
307 is a one-bedroom apartment of 666 sqft on the 3rd floor of Micasa Avenue, a 7-storey tower in Al Furjan completed in 2018 by Diamond Real Estate Developer. The developer sold it on 13 March 2019 for AED 635,000, or AED 953 per sqft.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 September 2024, is AED 58,000 a year: a gross yield of 9.1% on the 2019 price, before the service charge of about AED 9,300 a year.
Sales and rents for 307 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Micasa Avenue, and where 307 sits
All 49 1-beds →307's AED 58,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Nov 201928 November 2019 | 666 sqft | 635,000 | 953 |
Micasa Avenue
Building63 apartments, 1-bed to 2-bed over 7 floors in Al Furjan, completed in 2018 by Diamond Real Estate Developer. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 62K /yr
- Typical yield
Other units on the 3rd floor
All 63 units in Micasa Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 655 sqft | No registered sale | 55,500 /yr | |
| 302 | 1-bed | 662 sqft | No registered sale | 51,137 /yr | |
| 303 | 2-bed | 1,119 sqft | No registered sale | 85,000 /yr | |
| 304 | 1-bed | 662 sqft | No registered sale | 63,000 /yr | |
| 305 | 1-bed | 718 sqft | No registered sale | 51,000 /yr | |
| 306 | 1-bed | 653 sqft | No registered sale | 50,000 /yr | |
| 308 | 2-bed | 1,319 sqft | No registered sale | 75,000 /yr | |
| 309 | 1-bed | 695 sqft | No registered sale | 51,000 /yr |
307, Micasa Avenue in numbers
- Sold once: by Diamond Real Estate Developer on 13 March 2019 for AED 635,000, or AED 953 per sqft.
- Rented since January 2020 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 36,000 in 2023 and recovered to AED 58,000 by September 2024.
- At AED 58,000 a year the gross yield on the 2019 price is 9.1%, before a service charge of about AED 9,300 a year (AED 13.90 per sqft).
Source: Dubai Land Department. Updated 1 September 2024.
Questions about 307, Micasa Avenue
What did unit 307 last sell for?
AED 635,000 on 13 March 2019, sold by the developer: AED 953 per sqft for 666 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 58,000 a year on the contract signed on 1 September 2024. The previous contract, from February 2023, was AED 36,000; the unit has been rented since January 2020.
How big is unit 307?
666 sqft (61.9 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.
What is unit 307 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 307, Micasa Avenue
Starts from the last sale price (AED 635K, 13 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 635,000
- Deposit, UAE resident (20%)
- AED 127,000
- Deposit, non-resident (40%)
- AED 254,000
- Monthly over 25 years at 3.7%
- AED 2,598
Plus AED 31,680 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →