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1-bed · 1,188 sqftMiska 4, The Old Town · 5th floor · completed 2006

503, Miska 4

Sold prices and rental history: sold twice, last in May 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 1.75M1 May 2017
Current rentAED 123K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Miska 4

What is 503 worth today?

Last sold for AED 1,750,000 in 2017

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20 Feb 2024RentedNew contract
AED 123,000/yr12 months · AED 104 per sqft
1 Jan 2023RentedRenewal
AED 88,102/yr10 months · AED 74 per sqft
1 Jan 2022RentedRenewal
AED 84,000/yr12 months · AED 71 per sqft
1 Jan 2021RentedRenewal
AED 80,000/yr12 months · AED 68 per sqft
1 Jan 2018RentedNew contract
AED 115,000/yr12 months · AED 97 per sqft
1 May 2017SoldReady
AED 1,750,000AED 1,473 per sqft
3 Mar 2015RentedNew contract
AED 126,733/yr12 months · AED 107 per sqft
12 Aug 2010Sold by developerReady
AED 2,164,888AED 1,822 per sqft

Source: Dubai Land Department. Updated 20 February 2024.

Key facts

Type
1-bed apartment
Size
1,188 sqft
Floor
5th of 8
Parking
B-3382
Developer
Emaar
Completed
2006
Service charge
AED 24,500 /yr
Last sold
AED 1.75M · May 2017
Building
Miska 4

About 503, Miska 4

503 is a one-bedroom apartment of 1,188 sqft on the 5th floor of Miska 4, a 8-storey tower in The Old Town completed in 2006 by Emaar. It last sold on 1 May 2017 for AED 1,750,000, or AED 1,473 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 20 February 2024, is AED 123,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 24,500 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Miska 4
1.5M2M2009201320172021Typical sale price by year: 2009 AED 2,178,888; 2010 AED 1,989,888; 2013 AED 1,702,500; 2014 AED 1,900,000; 2022 AED 1,341,000Sold by developer, August 2010: AED 2,164,888 (AED 1,822 per sqft)Sold, May 2017: AED 1,750,000 (AED 1,473 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Miska 4
75K100K125K2013201720212025Typical rent by year: 2013 AED 115,000; 2014 AED 125,000; 2015 AED 122,500; 2016 AED 121,167; 2017 AED 105,000; 2018 AED 100,000; 2019 AED 82,500; 2020 AED 75,000; 2021 AED 82,500; 2022 AED 84,000; 2023 AED 95,000; 2024 AED 115,000; 2025 AED 111,250New contract, March 2015: AED 126,733 a yearNew contract, January 2018: AED 115,000 a yearRenewal, January 2021: AED 80,000 a yearRenewal, January 2022: AED 84,000 a yearRenewal, January 2023: AED 88,102 a yearNew contract, February 2024: AED 123,000 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 4, and where 503 sits

All 15 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
17 Mar 20252,000,000
26 Dec 20242,100,000
14 Nov 20242,000,000
14 Jun 20231,770,000
0 1-bed sales in the last 12 months

Miska 4

Building

41 apartments, 1-bed to 4-bed over 8 floors in The Old Town, completed in 2006 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,509
Typical sale
AED 4.91M
Typical rent
AED 147K /yr
Typical yield
4.8%
Miska 4, The Old Town: prices, sales and rents →

Other units on the 5th floor

All 41 units in Miska 4
Value
5011-bedAED 1.34M · Feb 2022
5022-bedAED 2.4M · Jul 2015
5043-bedAED 3.52M · Oct 2014
5052-bedAED 3M · Jan 2025

503, Miska 4 in numbers

  • Sold twice: first on 12 August 2010 for AED 2,164,888, last on 1 May 2017 for AED 1,750,000 (AED 1,473 per sqft).
  • Rented since March 2015 on 6 Ejari contracts. The rent fell from AED 126,733 to AED 80,000 in 2021 and recovered to AED 123,000 by February 2024.
  • At AED 123,000 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 24,500 a year (AED 20.62 per sqft).

Source: Dubai Land Department. Updated 20 February 2024.

Questions about 503, Miska 4

What did unit 503 last sell for?

AED 1,750,000 on 1 May 2017: AED 1,473 per sqft for 1,188 sqft. The unit has 2 registered sales; the first was AED 2,164,888 in August 2010.

What is the rent for unit 503?

AED 123,000 a year on the contract signed on 20 February 2024. The previous contract, from January 2023, was AED 88,102; the unit has been rented since March 2015.

How big is unit 503?

1,188 sqft (110.4 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2006.

What is unit 503 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 503, Miska 4

Starts from the last sale price (AED 1.75M, 1 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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