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Studio · 400 sqftAl Khail Heights 5A-5B, Al Quoz Fourth · 4th floor · completed 2018

423, Al Khail Heights 5A-5B

Sold prices and rental history: sold twice, last in October 2020, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 15 March 2021
Last soldAED 250K22 October 2020
Current rentAED 24K /yr15 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Al Khail Heights 5A-5B

What is 423 worth today?

Last sold for AED 250,000 in 2020

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15 Mar 2021RentedNew contract
AED 24,000/yr12 months · AED 60 per sqft
22 Oct 2020SoldReady
AED 250,000AED 625 per sqft
1 Mar 2019RentedNew contract
AED 34,000/yr12 months · AED 85 per sqft
23 Dec 2014Sold by developerOff-plan
AED 371,000AED 927 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2021.

Key facts

Type
Studio apartment
Size
400 sqft
Floor
4th of 4
Parking
G-2035
Developer
Al Khail Heights
Completed
2018
Service charge
AED 4,200 /yr
Last sold
AED 250K · October 2020
Building
Al Khail Heights 5A-5B

About 423, Al Khail Heights 5A-5B

423 is a studio of 400 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. It last sold on 22 October 2020 for AED 250,000, or AED 625 per sqft, in line with the AED 609 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 March 2021, is AED 24,000 a year: a gross yield of 9.6% on the 2020 price, before the service charge of about AED 4,200 a year.

Sales and rents for 423 over time

Sales
Unit 423, each saleTypical studio in Al Khail Heights 5A-5B
200K400K600K20142017202020232026Typical 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, December 2014: AED 371,000 (AED 927 per sqft)Sold, October 2020: AED 250,000 (AED 625 per sqft)

423 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 423, each contractTypical studio in Al Khail Heights 5A-5B
20K40K2018202120242027Typical 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, March 2019: AED 34,000 a yearNew contract, March 2021: AED 24,000 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 5A-5B, and where 423 sits

All 75 studios →

423 last sold in October 2020 at AED 625 per sqft, in line with what studios in Al Khail Heights 5A-5B were fetching at the time (AED 609). 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. 423's AED 24,000 is at the bottom 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

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

  • Sold twice: first on 23 December 2014 for AED 371,000, last on 22 October 2020 for AED 250,000 (AED 625 per sqft).
  • Rented since March 2019 on 2 Ejari contracts, from AED 34,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2020 price is 9.6%, before a service charge of about AED 4,200 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 15 March 2021.

Questions about 423, Al Khail Heights 5A-5B

What did unit 423 last sell for?

AED 250,000 on 22 October 2020: AED 625 per sqft for 400 sqft. The unit has 2 registered sales; the first was AED 371,000 in December 2014.

What is the rent for unit 423?

AED 24,000 a year on the contract signed on 15 March 2021. The previous contract, from March 2019, was AED 34,000.

How big is unit 423?

400 sqft (37.2 sqm): a studio on the 4th floor of a 4-storey tower completed in 2018.

What is unit 423 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 423, Al Khail Heights 5A-5B

Starts from the last sale price (AED 250K, 22 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

Plus AED 13,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →