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2-bed · 1,515 sqftAl Khail Heights 4A-4B, Al Quoz Fourth · 4th floor · completed 2018

437, 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 437 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 1.13M20 September 2016
Current rentAED 65K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 437, Al Khail Heights 4A-4B

What is 437 worth today?

Last sold for AED 1,128,900 in 2016

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20 May 2024RentedNew contract
AED 65,000/yr12 months · AED 43 per sqft
15 Jan 2023RentedRenewal
AED 60,500/yr12 months · AED 40 per sqft
15 Jan 2022RentedNew contract
AED 55,000/yr12 months · AED 36 per sqft
25 Dec 2020RentedNew contract
AED 56,000/yr12 months · AED 37 per sqft
2 Oct 2018RentedNew contract
AED 72,000/yr12 months · AED 47 per sqft
20 Sep 2016Sold by developerOff-plan
AED 1,128,900AED 745 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2024.

Key facts

Type
2-bed apartment
Size
1,515 sqft
Floor
4th of 4
Parking
G-686
Developer
Al Khail Heights
Completed
2018
Service charge
AED 14,400 /yr
Last sold
AED 1.13M · September 2016
Building
Al Khail Heights 4A-4B

About 437, Al Khail Heights 4A-4B

437 is a two-bedroom apartment of 1,515 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 1,128,900, or AED 745 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 5 Ejari contracts. The current contract, signed on 20 May 2024, is AED 65,000 a year: a gross yield of 5.8% on the 2016 price, before the service charge of about AED 14,400 a year.

Sales and rents for 437 over time

Sales
Unit 437, 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 1,128,900 (AED 745 per sqft)

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

Rents
Unit 437, 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 72,000 a yearNew contract, December 2020: AED 56,000 a yearNew contract, January 2022: AED 55,000 a yearRenewal, January 2023: AED 60,500 a yearNew contract, May 2024: AED 65,000 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 437 sits

All 25 2-beds →

437 last sold in September 2016 at AED 745 per sqft, in line with what two-beds in Al Khail Heights 4A-4B were fetching at the time (AED 745). 437's AED 65,000 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 2016894,002
20 Sep 20161,138,166
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

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

  • Sold once: by Al Khail Heights on 20 September 2016 for AED 1,128,900, or AED 745 per sqft.
  • Rented since October 2018 on 5 Ejari contracts. The rent fell from AED 72,000 to AED 55,000 in 2022 and recovered to AED 65,000 by May 2024.
  • At AED 65,000 a year the gross yield on the 2016 price is 5.8%, before a service charge of about AED 14,400 a year (AED 9.51 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2024.

Questions about 437, Al Khail Heights 4A-4B

What did unit 437 last sell for?

AED 1,128,900 on 20 September 2016, sold by the developer: AED 745 per sqft for 1,515 sqft. It is the only registered sale of the unit.

What is the rent for unit 437?

AED 65,000 a year on the contract signed on 20 May 2024. The previous contract, from January 2023, was AED 60,500; the unit has been rented since October 2018.

How big is unit 437?

1,515 sqft (140.7 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2018.

What is unit 437 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 437, Al Khail Heights 4A-4B

Starts from the last sale price (AED 1.13M, 20 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,128,900
Deposit, UAE resident (20%)
AED 225,780
Deposit, non-resident (40%)
AED 451,560
Monthly over 25 years at 3.7%
AED 4,619

Plus AED 52,424 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →