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2-bed · 1,548 sqftAl Khail Heights 4A-4B, Al Quoz Fourth · 4th floor · completed 2018

422, Al Khail Heights 4A-4B

Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 422 · DLD and Ejari recordsUpdated 7 October 2024
Last soldAED 1.16M20 September 2016
Current rentAED 85K /yr7 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 422, Al Khail Heights 4A-4B

What is 422 worth today?

Last sold for AED 1,161,197 in 2016

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7 Oct 2024RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
20 Dec 2023RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
20 Dec 2020RentedNew contract
AED 56,000/yr12 months · AED 36 per sqft
3 Oct 2018RentedNew contract
AED 73,000/yr12 months · AED 47 per sqft
20 Sep 2016Sold by developerOff-plan
AED 1,161,197AED 749 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2024.

Key facts

Type
2-bed apartment
Size
1,548 sqft
Floor
4th of 4
Parking
G-2332
Developer
Al Khail Heights
Completed
2018
Service charge
AED 14,700 /yr
Last sold
AED 1.16M · September 2016
Building
Al Khail Heights 4A-4B

About 422, Al Khail Heights 4A-4B

422 is a two-bedroom apartment of 1,548 sqft on the 4th floor of Al Khail Heights 4A-4B, a 4-storey tower in Al Quoz Fourth completed in 2018 by Al Khail Heights. The developer sold it on 20 September 2016 for AED 1,161,197, or AED 749 per sqft, in line with the AED 745 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 7 October 2024, is AED 85,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 14,700 a year.

Sales and rents for 422 over time

Sales
Unit 422, each saleTypical two-bed in Al Khail Heights 4A-4B
1M1.1M201520162017Typical sale price by year: 2015 AED 1,007,356; 2016 AED 1,138,166Sold by developer, September 2016: AED 1,161,197 (AED 749 per sqft)

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

Rents
Unit 422, each contractTypical two-bed in Al Khail Heights 4A-4B
50K75K100K20182020202220242026Typical rent by year: 2018 AED 78,000; 2019 AED 72,500; 2020 AED 62,000; 2021 AED 55,000; 2022 AED 62,000; 2023 AED 67,000; 2024 AED 81,000; 2025 AED 110,000New contract, October 2018: AED 73,000 a yearNew contract, December 2020: AED 56,000 a yearRenewal, December 2023: AED 75,000 a yearNew contract, October 2024: AED 85,000 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 Al Khail Heights 4A-4B, and where 422 sits

All 25 2-beds →

422 last sold in September 2016 at AED 749 per sqft, in line with what two-beds in Al Khail Heights 4A-4B were fetching at the time (AED 745). 422's AED 85,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Sep 20161,526,533
20 Sep 20161,475,552
20 Sep 20161,128,900
20 Sep 2016894,002
0 2-bed sales in the last 12 months

Al Khail Heights 4A-4B

Building

191 apartments, studios to 3-bed over 4 floors in Al Quoz Fourth, completed in 2018 by Al Khail Heights. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 81K /yr
Typical yield
Al Khail Heights 4A-4B, Al Quoz Fourth: prices, sales and rents →

Other units on the 4th floor

All 191 units in Al Khail Heights 4A-4B
Value
4012-bedAED 1.04M · Jun 2015
4022-bedAED 951K · Jun 2015
403StudioAED 270K · Jun 2015
4041-bedAED 593K · Jun 2015
4052-bedAED 979K · Jun 2015
406StudioAED 425K · Jun 2015
4071-bedAED 692K · Jun 2015
1–7 of 36

422, Al Khail Heights 4A-4B in numbers

  • Sold once: by Al Khail Heights on 20 September 2016 for AED 1,161,197, or AED 749 per sqft.
  • Rented since October 2018 on 4 Ejari contracts. The rent fell from AED 73,000 to AED 56,000 in 2020 and recovered to AED 85,000 by October 2024.
  • At AED 85,000 a year the gross yield on the 2016 price is 7.3%, before a service charge of about AED 14,700 a year (AED 9.51 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2024.

Questions about 422, Al Khail Heights 4A-4B

What did unit 422 last sell for?

AED 1,161,197 on 20 September 2016, sold by the developer: AED 749 per sqft for 1,548 sqft. It is the only registered sale of the unit.

What is the rent for unit 422?

AED 85,000 a year on the contract signed on 7 October 2024. The previous contract, from December 2023, was AED 75,000; the unit has been rented since October 2018.

How big is unit 422?

1,548 sqft (143.8 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2018.

What is unit 422 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 422, Al Khail Heights 4A-4B

Starts from the last sale price (AED 1.16M, 20 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,161,197
Deposit, UAE resident (20%)
AED 232,239
Deposit, non-resident (40%)
AED 464,479
Monthly over 25 years at 3.7%
AED 4,751

Plus AED 53,780 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →