2-bed · 1,201 sqftSol Amber (Iris Amber), Culture Village · 3rd floor

404, Sol Amber (Iris Amber)

Sold prices and rental history: sold once, by the developer in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 1.53M7 August 2024
Current rentAED 67K /yr5 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Sol Amber (Iris Amber)

What is 404 worth today?

Last sold for AED 1,528,888 in 2024

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7 Aug 2024Sold by developerReady
AED 1,528,888AED 1,273 per sqft
5 Jul 2023RentedRenewal
AED 67,200/yr12 months · AED 56 per sqft
5 Jun 2021RentedNew contract
AED 57,231/yr13 months · AED 48 per sqft
17 Sep 2019RentedRenewal
AED 80,000/yr12 months · AED 67 per sqft
17 Aug 2018RentedNew contract
AED 85,000/yr13 months · AED 71 per sqft

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

Key facts

Type
2-bed apartment
Size
1,201 sqft
Floor
3rd of 8
Parking
B2-20
Last sold
AED 1.53M · August 2024

About 404, Sol Amber (Iris Amber)

404 is a two-bedroom apartment of 1,201 sqft on the 3rd floor of Sol Amber (Iris Amber), a 8-storey tower in Culture Village. The developer sold it on 7 August 2024 for AED 1,528,888, or AED 1,273 per sqft, in line with the AED 1,285 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 5 July 2023, is AED 67,200 a year: a gross yield of 4.4% on the 2024 price.

Sales and rents for 404 over time

Rents
Unit 404, each contractTypical two-bed in Sol Amber (Iris Amber)
50K100K20182020202220242026Typical rent by year: 2018 AED 85,000; 2019 AED 77,000; 2020 AED 68,500; 2021 AED 63,000; 2022 AED 66,750; 2023 AED 71,684; 2024 AED 112,500; 2025 AED 117,000New contract, August 2018: AED 85,000 a yearRenewal, September 2019: AED 80,000 a yearNew contract, June 2021: AED 57,231 a yearRenewal, July 2023: AED 67,200 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 Sol Amber (Iris Amber), and where 404 sits

All 22 2-beds →

404 last sold in August 2024 at AED 1,273 per sqft, in line with what two-beds in Sol Amber (Iris Amber) were fetching at the time (AED 1,285). 404's AED 67,200 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20241,725,777
9 Oct 20241,518,888
2 Sep 20241,408,888
22 Aug 20241,538,888
0 2-bed sales in the last 12 months

Sol Amber (Iris Amber)

Building

95 apartments, studios to 2-bed over 8 floors in Culture Village. 2 sold in the last 12 months.

Typical price per sqft
AED 1,547
Typical sale
AED 1.08M
Typical rent
AED 80K /yr
Typical yield
5.9%
Sol Amber (Iris Amber), Culture Village: prices, sales and rents →

Other units on the 3rd floor

All 95 units in Sol Amber (Iris Amber)
Value
4011-bedAED 958K · Aug 2024
4021-bedAED 691K · Feb 2024
4031-bedAED 831K · Feb 2024
4051-bedAED 830K · Aug 2024
4061-bedAED 1.16M · Jul 2024
4071-bedAED 1.07M · Jul 2024
4081-bedAED 889K · Apr 2024
1–7 of 11

404, Sol Amber (Iris Amber) in numbers

  • Sold once: by the developer on 7 August 2024 for AED 1,528,888, or AED 1,273 per sqft.
  • Rented since August 2018 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 57,231 in 2021 and recovered to AED 67,200 by July 2023.
  • At AED 67,200 a year the gross yield on the 2024 price is 4.4%.

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

Questions about 404, Sol Amber (Iris Amber)

What did unit 404 last sell for?

AED 1,528,888 on 7 August 2024, sold by the developer: AED 1,273 per sqft for 1,201 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 67,200 a year on the contract renewed on 5 July 2023. The previous contract, from June 2021, was AED 57,231; the unit has been rented since August 2018.

How big is unit 404?

1,201 sqft (111.6 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower.

What is unit 404 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 404, Sol Amber (Iris Amber)

Starts from the last sale price (AED 1.53M, 7 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,528,888
Deposit, UAE resident (20%)
AED 305,778
Deposit, non-resident (40%)
AED 611,555
Monthly over 25 years at 3.7%
AED 6,255

Plus AED 69,224 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →