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2-bed · 1,745 sqftAl Khail Heights 8A-8B, Al Quoz Fourth · 2nd floor · completed 2018

232, Al Khail Heights 8A-8B

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 232 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 970K27 July 2022
Current rentAED 68K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 232, Al Khail Heights 8A-8B

What is 232 worth today?

Last sold for AED 970,000 in 2022

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10 Aug 2024RentedRenewal
AED 68,000/yr12 months · AED 39 per sqft
10 Aug 2023RentedRenewal
AED 68,000/yr12 months · AED 39 per sqft
10 Aug 2022RentedNew contract
AED 66,000/yr12 months · AED 38 per sqft
27 Jul 2022SoldReady
AED 970,000AED 556 per sqft
1 Mar 2021RentedRenewal
AED 65,000/yr12 months · AED 37 per sqft
1 Mar 2020RentedRenewal
AED 73,000/yr12 months · AED 42 per sqft
5 Feb 2015Sold by developerOff-plan
AED 1,194,500AED 684 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
2-bed apartment
Size
1,745 sqft
Floor
2nd of 4
Parking
G-1370
Developer
Al Khail Heights
Completed
2018
Service charge
AED 16,500 /yr
Last sold
AED 970K · July 2022
Building
Al Khail Heights 8A-8B

About 232, Al Khail Heights 8A-8B

232 is a two-bedroom apartment of 1,745 sqft on the 2nd floor of Al Khail Heights 8A-8B, a 4-storey tower in Al Quoz Fourth completed in 2018 by Al Khail Heights. It last sold on 27 July 2022 for AED 970,000, or AED 556 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 68,000 a year: a gross yield of 7.0% on the 2022 price, before the service charge of about AED 16,500 a year.

Sales and rents for 232 over time

Sales
Unit 232, each saleTypical two-bed in Al Khail Heights 8A-8B
1M1.2M2015201820212024Typical sale price by year: 2015 AED 1,101,750; 2022 AED 880,000; 2023 AED 1,000,000Sold by developer, February 2015: AED 1,194,500 (AED 684 per sqft)Sold, July 2022: AED 970,000 (AED 556 per sqft)

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

Rents
Unit 232, each contractTypical two-bed in Al Khail Heights 8A-8B
60K80K20182020202220242026Typical rent by year: 2018 AED 72,000; 2019 AED 70,000; 2020 AED 64,500; 2021 AED 60,000; 2022 AED 61,250; 2023 AED 68,000; 2024 AED 80,325; 2025 AED 90,000Renewal, March 2020: AED 73,000 a yearRenewal, March 2021: AED 65,000 a yearNew contract, August 2022: AED 66,000 a yearRenewal, August 2023: AED 68,000 a yearRenewal, August 2024: AED 68,000 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 8A-8B, and where 232 sits

All 24 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
7 Apr 20251,360,000
15 Aug 20241,175,000
12 Mar 20241,170,000
6 Oct 20231,050,000
0 2-bed sales in the last 12 months

Al Khail Heights 8A-8B

Building

190 apartments, studios to 3-bed over 4 floors in Al Quoz Fourth, completed in 2018 by Al Khail Heights. 8 sold in the last 12 months.

Typical price per sqft
AED 856
Typical sale
AED 835K
Typical rent
AED 48K /yr
Typical yield
9.2%
Al Khail Heights 8A-8B, Al Quoz Fourth: prices, sales and rents →

Other units on the 2nd floor

All 190 units in Al Khail Heights 8A-8B
Value
201StudioAED 560K · Jan 2017
2021-bedAED 855K · Dec 2024
203StudioAED 508K · May 2015
2041-bedAED 700K · Feb 2024
205StudioAED 565K · May 2017
2061-bedAED 750K · May 2024
2073-bedAED 1.51M · Jun 2015
1–7 of 39

232, Al Khail Heights 8A-8B in numbers

  • Sold twice: first on 5 February 2015 for AED 1,194,500, last on 27 July 2022 for AED 970,000 (AED 556 per sqft).
  • Rented since March 2020 on 5 Ejari contracts, from AED 73,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2022 price is 7.0%, before a service charge of about AED 16,500 a year (AED 9.45 per sqft).

Source: Dubai Land Department. Updated 10 August 2024.

Questions about 232, Al Khail Heights 8A-8B

What did unit 232 last sell for?

AED 970,000 on 27 July 2022: AED 556 per sqft for 1,745 sqft. The unit has 2 registered sales; the first was AED 1,194,500 in February 2015.

What is the rent for unit 232?

AED 68,000 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 68,000; the unit has been rented since March 2020.

How big is unit 232?

1,745 sqft (162.1 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2018.

What is unit 232 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 232, Al Khail Heights 8A-8B

Starts from the last sale price (AED 970K, 27 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

Plus AED 45,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →