Studio · 687 sqftAl Khail Heights 5A-5B, Al Quoz Fourth · 4th floor · completed 2018

409, Al Khail Heights 5A-5B

Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 505K28 June 2015
Current rentAED 40K /yr5 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Al Khail Heights 5A-5B

What is 409 worth today?

Last sold for AED 505,100 in 2015

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5 Dec 2024RentedRenewal
AED 39,900/yr12 months · AED 58 per sqft
5 Dec 2021RentedRenewal
AED 33,000/yr12 months · AED 48 per sqft
5 Dec 2018RentedNew contract
AED 35,000/yr12 months · AED 51 per sqft
28 Jun 2015Sold by developerOff-plan
AED 505,100AED 735 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2024.

Key facts

Type
Studio apartment
Size
687 sqft
Floor
4th of 4
Parking
G-2021
Developer
Al Khail Heights
Completed
2018
Service charge
AED 7,300 /yr
Last sold
AED 505K · June 2015

About 409, Al Khail Heights 5A-5B

409 is a studio of 687 sqft on the 4th floor of Al Khail Heights 5A-5B, a 4-storey tower in Al Quoz Fourth completed in 2018 by Al Khail Heights. The developer sold it on 28 June 2015 for AED 505,100, or AED 735 per sqft, 5% below the AED 773 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 5 December 2024, is AED 39,900 a year: a gross yield of 7.9% on the 2015 price, before the service charge of about AED 7,300 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical studio in Al Khail Heights 5A-5B
400K500K20142017202020232026Typical sale price by year: 2014 AED 476,400; 2015 AED 489,545; 2016 AED 515,380; 2017 AED 498,000; 2018 AED 500,000; 2019 AED 387,500; 2020 AED 360,000; 2021 AED 346,636; 2023 AED 397,500; 2024 AED 499,000; 2025 AED 552,500Sold by developer, June 2015: AED 505,100 (AED 735 per sqft)

409 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 409, each contractTypical studio in Al Khail Heights 5A-5B
30K40K50K2018202120242027Typical rent by year: 2018 AED 35,500; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 28,000; 2022 AED 31,956; 2023 AED 36,000; 2024 AED 43,000; 2025 AED 46,000; 2026 AED 48,000New contract, December 2018: AED 35,000 a yearRenewal, December 2021: AED 33,000 a yearRenewal, December 2024: AED 39,900 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 5A-5B, and where 409 sits

All 75 studios →

409 last sold in June 2015 at AED 735 per sqft, 5% below what studios in Al Khail Heights 5A-5B were fetching at the time (AED 773). Over the last 12 months studios sold for AED 630,000, around AED 1,039 per sqft, and rent for AED 25,000 to 66,000 a year. 409's AED 39,900 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Jul 2025475,000
21 May 2025635,000
21 Apr 2025600,000
4 Apr 2025590,000
1 studio sale in the last 12 months

Al Khail Heights 5A-5B

Building

190 apartments, studios to 3-bed over 4 floors in Al Quoz Fourth, completed in 2018 by Al Khail Heights. 7 sold in the last 12 months.

Typical price per sqft
AED 929
Typical sale
AED 895K
Typical rent
AED 53K /yr
Typical yield
7.5%
Al Khail Heights 5A-5B, Al Quoz Fourth: prices, sales and rents →

Other units on the 4th floor

All 190 units in Al Khail Heights 5A-5B
Value
4012-bedAED 1.08M · Jan 2015
4022-bedAED 1.1M · Mar 2020
403StudioAED 351K · Jan 2017
4041-bedAED 729K · Aug 2015
4052-bedAED 890K · May 2019
406StudioAED 550K · Dec 2024
4071-bedAED 600K · Oct 2022
1–7 of 36

409, Al Khail Heights 5A-5B in numbers

  • Sold once: by Al Khail Heights on 28 June 2015 for AED 505,100, or AED 735 per sqft.
  • Rented since December 2018 on 3 Ejari contracts, from AED 35,000 to AED 39,900 a year.
  • At AED 39,900 a year the gross yield on the 2015 price is 7.9%, before a service charge of about AED 7,300 a year (AED 10.61 per sqft).
  • Studios in Al Khail Heights 5A-5B sold for AED 630,000–630,000 in the 12 months to November 2026; the building's median across all types is AED 929 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2024.

Questions about 409, Al Khail Heights 5A-5B

What did unit 409 last sell for?

AED 505,100 on 28 June 2015, sold by the developer: AED 735 per sqft for 687 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 39,900 a year on the contract renewed on 5 December 2024. The previous contract, from December 2021, was AED 33,000; the unit has been rented since December 2018.

How big is unit 409?

687 sqft (63.8 sqm): a studio on the 4th floor of a 4-storey tower completed in 2018.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Khail Heights 5A-5B sold for AED 630,000 to 630,000 in the last 12 months, around AED 1,039 per sqft.

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Mortgage on 409, Al Khail Heights 5A-5B

Starts from the last sale price (AED 505K, 28 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 505,100
Deposit, UAE resident (20%)
AED 101,020
Deposit, non-resident (40%)
AED 202,040
Monthly over 25 years at 3.7%
AED 2,067

Plus AED 26,224 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →