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Studio · 664 sqftAl Khail Heights 1A-1B, Al Quoz Fourth · 4th floor · completed 2018

406, Al Khail Heights 1A-1B

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 20 April 2022
Last soldAED 178K20 June 2018
Current rentAED 30K /yr20 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Al Khail Heights 1A-1B

What is 406 worth today?

Last sold for AED 177,706 in 2018

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20 Apr 2022RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
1 Oct 2021RentedRenewal
AED 24,000/yr12 months · AED 36 per sqft
1 Oct 2020RentedNew contract
AED 24,000/yr12 months · AED 36 per sqft
19 Dec 2019RentedNew contract
AED 38,635/yr11 months · AED 58 per sqft
15 Nov 2019RentedNew contract
AED 35,000/yr12 months · AED 52 per sqft
20 Jun 2018Sold by developerOff-plan · flagged as an outlier
AED 177,706AED 282 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2022.

Key facts

Type
Studio apartment
Size
664 sqft
Floor
4th of 4
Parking
G-402
Developer
Al Khail Heights
Completed
2018
Service charge
AED 7,100 /yr
Last sold
AED 178K · June 2018
Building
Al Khail Heights 1A-1B

About 406, Al Khail Heights 1A-1B

406 is a studio of 664 sqft on the 4th floor of Al Khail Heights 1A-1B, a 4-storey tower in Al Quoz Fourth completed in 2018 by Al Khail Heights. The developer sold it on 20 June 2018 for AED 177,706, or AED 282 per sqft, 65% below the AED 806 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 20 April 2022, is AED 30,000 a year: a gross yield of 16.9% on the 2018 price, before the service charge of about AED 7,100 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in Al Khail Heights 1A-1B
200K400K600K20142017202020232026Typical sale price by year: 2014 AED 490,300; 2015 AED 505,100; 2016 AED 460,950; 2017 AED 525,000; 2019 AED 244,158; 2020 AED 204,403; 2021 AED 355,663; 2023 AED 430,000; 2024 AED 472,500; 2025 AED 590,000

No registered sale of 406; the dashed line is the studio median of each year in the building.

Rents
Unit 406, each contractTypical studio in Al Khail Heights 1A-1B
30K40K2018202120242027Typical rent by year: 2018 AED 35,000; 2019 AED 36,000; 2020 AED 32,000; 2021 AED 28,000; 2022 AED 30,802; 2023 AED 34,000; 2024 AED 42,000; 2025 AED 46,000; 2026 AED 42,000New contract, November 2019: AED 35,000 a yearNew contract, December 2019: AED 38,635 a yearNew contract, October 2020: AED 24,000 a yearRenewal, October 2021: AED 24,000 a yearNew contract, April 2022: AED 30,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Khail Heights 1A-1B, and where 406 sits

All 82 studios →

406 last sold in June 2018 at AED 282 per sqft, 65% below what studios in Al Khail Heights 1A-1B were fetching at the time (AED 806). 406's AED 30,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Jul 2025590,000
16 Jun 2025610,000
13 Feb 2025542,000
15 Oct 2024480,000
0 studio sales in the last 12 months

Al Khail Heights 1A-1B

Building

191 apartments, studios to 3-bed over 4 floors in Al Quoz Fourth, completed in 2018 by Al Khail Heights. 3 sold in the last 12 months.

Typical price per sqft
AED 891
Typical sale
AED 973K
Typical rent
AED 63K /yr
Typical yield
7.3%
Al Khail Heights 1A-1B, Al Quoz Fourth: prices, sales and rents →

Other units on the 4th floor

All 191 units in Al Khail Heights 1A-1B
Value
4012-bedAED 1.08M · Feb 2015
4022-bedAED 1.03M · Jan 2015
403StudioAED 351K · Feb 2015
4041-bedAED 530K · Sep 2019
405AED 1.5M · Nov 2025
4071-bedAED 600K · Nov 2022
4081-bedAED 744K · Jun 2015
1–7 of 36

406, Al Khail Heights 1A-1B in numbers

  • Sold once: by Al Khail Heights on 20 June 2018 for AED 177,706, or AED 282 per sqft.
  • Rented since November 2019 on 5 Ejari contracts. The rent fell from AED 35,000 to AED 24,000 in 2021 and recovered to AED 30,000 by April 2022.
  • At AED 30,000 a year the gross yield on the 2018 price is 16.9%, before a service charge of about AED 7,100 a year (AED 10.71 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2022.

Questions about 406, Al Khail Heights 1A-1B

What did unit 406 last sell for?

AED 177,706 on 20 June 2018, sold by the developer: AED 282 per sqft for 664 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 30,000 a year on the contract signed on 20 April 2022. The previous contract, from October 2021, was AED 24,000; the unit has been rented since November 2019.

How big is unit 406?

664 sqft (61.7 sqm): a studio on the 4th floor of a 4-storey tower completed in 2018.

What is unit 406 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 406, Al Khail Heights 1A-1B

Starts from the last sale price (AED 178K, 20 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 177,706
Deposit, UAE resident (20%)
AED 35,541
Deposit, non-resident (40%)
AED 71,082
Monthly over 25 years at 3.7%
AED 727

Plus AED 10,373 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →