1-bed · 904 sqftMiska 1, The Old Town · 4th floor · completed 2006

401, Miska 1

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 1.43M6 July 2023
Current rentAED 120K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Miska 1

What is 401 worth today?

Last sold for AED 1,425,000 in 2023

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15 Sep 2024RentedRenewal
AED 120,000/yr12 months · AED 133 per sqft
15 Sep 2023RentedNew contract
AED 120,000/yr12 months · AED 133 per sqft
6 Jul 2023SoldReady
AED 1,425,000AED 1,576 per sqft
11 Jul 2022RentedRenewal
AED 77,000/yr12 months · AED 85 per sqft
8 Jul 2021RentedRenewal
AED 70,000/yr12 months · AED 77 per sqft
8 Jul 2020RentedRenewal
AED 70,000/yr12 months · AED 77 per sqft
8 Jul 2019RentedRenewal
AED 75,000/yr12 months · AED 83 per sqft
8 Jul 2018RentedRenewal
AED 95,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
904 sqft
Floor
4th of 6
Parking
B-3341
Developer
Emaar
Completed
2006
Service charge
AED 18,600 /yr
Last sold
AED 1.43M · July 2023
Building
Miska 1

About 401, Miska 1

401 is a one-bedroom apartment of 904 sqft on the 4th floor of Miska 1, a 6-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 6 July 2023 for AED 1,425,000, or AED 1,576 per sqft, in line with the AED 1,579 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 120,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 18,600 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Miska 1
1M2M20092013201720212025Typical sale price by year: 2009 AED 1,165,888; 2010 AED 1,792,888; 2011 AED 1,614,888; 2023 AED 1,470,000; 2024 AED 2,400,000Sold by developer, January 2009: AED 1,165,888 (AED 1,289 per sqft)Sold, July 2023: AED 1,425,000 (AED 1,576 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Miska 1
75K100K125K2012201620202024Typical rent by year: 2013 AED 95,000; 2015 AED 117,500; 2016 AED 115,000; 2017 AED 125,000; 2019 AED 100,000; 2020 AED 86,500; 2021 AED 80,000; 2022 AED 84,000; 2023 AED 110,000; 2024 AED 120,000; 2025 AED 117,000New contract, October 2012: AED 92,000 a yearNew contract, July 2013: AED 95,000 a yearNew contract, July 2015: AED 120,000 a yearNew contract, July 2016: AED 115,000 a yearRenewal, July 2018: AED 95,000 a yearRenewal, July 2019: AED 75,000 a yearRenewal, July 2020: AED 70,000 a yearRenewal, July 2021: AED 70,000 a yearRenewal, July 2022: AED 77,000 a yearNew contract, September 2023: AED 120,000 a yearRenewal, September 2024: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Miska 1, and where 401 sits

All 11 1-beds →

401 last sold in July 2023 at AED 1,576 per sqft, in line with what one-beds in Miska 1 were fetching at the time (AED 1,579).

Recent 1-bed salesUnit no.Price (AED)Summary
9 Dec 20242,300,000
19 Nov 20242,400,000
29 May 20242,400,000
4 Jul 20231,900,000
0 1-bed sales in the last 12 months

Miska 1

Building

31 apartments, 1-bed to 4-bed over 6 floors in The Old Town, completed in 2006 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 2,670
Typical sale
AED 3.75M
Typical rent
AED 163K /yr
Typical yield
4.4%
Miska 1, The Old Town: prices, sales and rents →

Other units on the 4th floor

All 31 units in Miska 1
Value
4022-bedAED 3.25M · Jan 2025
4031-bedAED 2.4M · Nov 2024
4043-bedAED 4M · Aug 2022
4052-bedAED 2.7M · Sep 2023

401, Miska 1 in numbers

  • Sold twice: first on 7 January 2009 for AED 1,165,888, last on 6 July 2023 for AED 1,425,000 (AED 1,576 per sqft).
  • Rented since October 2012 on 11 Ejari contracts. The rent fell from AED 92,000 to AED 70,000 in 2021 and recovered to AED 120,000 by September 2024.
  • At AED 120,000 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 18,600 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 15 September 2024.

Questions about 401, Miska 1

What did unit 401 last sell for?

AED 1,425,000 on 6 July 2023: AED 1,576 per sqft for 904 sqft. The unit has 2 registered sales; the first was AED 1,165,888 in January 2009.

What is the rent for unit 401?

AED 120,000 a year on the contract renewed on 15 September 2024. The previous contract, from September 2023, was AED 120,000; the unit has been rented since October 2012.

How big is unit 401?

904 sqft (84.0 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2006.

What is unit 401 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 401, Miska 1

Starts from the last sale price (AED 1.43M, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →