Unit 1118, Ghalia Tower: what it sold for and what it is worth now

Unit 1118 at Ghalia Tower is a studio of 416 sq ft. It last sold for AED 580,000 on 28 Oct 2025. At AED 1,253 per sq ft, from 5 sales of units ending 18 (same position in the tower), it is worth about AED 521,000 today.

Value todayAED 521,000AED 498,000 to AED 535,000
Last saleAED 580,00028 Oct 2025 · Resale
Change since last sale-10.2%Building trend alone: AED 559,554
Rent (median asking, studio)AED 43,000Gross yield 8.3%
Bedroomsstudio
Size416 sq ft
Floor11 (from the unit number)
Position in the towerStack 18: units ending 18 share the same layout and view
BuildingGhalia Tower by DAMAC Properties, handed over 2019
Registered sales of this unit2

Every registered sale of unit 1118

DatePriceSizeAED/sq ftType
28 Oct 2025AED 580,000416 sq ft1,394Resale
29 Apr 2024AED 535,000416 sq ft1,286Resale

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
181812 Oct 2026AED 498,000416 sq ft1,197Resale
61812 Jan 2026AED 440,000416 sq ft1,058Resale
281813 Oct 2025AED 540,000431 sq ft1,253Resale
14188 Sep 2025AED 535,000416 sq ft1,286Resale
23184 Jul 2024AED 570,000416 sq ft1,370Resale
201816 May 2024AED 470,000416 sq ft1,130Resale
181810 May 2024AED 500,000416 sq ft1,202Resale
171824 Jan 2024AED 505,000416 sq ft1,214Resale

Latest studio sales in Ghalia Tower

UnitDatePriceSizeAED/sq ftType
181812 Oct 2026AED 498,000416 sq ft1,197Resale
12178 Oct 2026AED 615,000449 sq ft1,370Resale
37192 Oct 2026AED 500,000384 sq ft1,302Resale
101116 Sep 2026AED 515,000443 sq ft1,163Resale
340231 Aug 2026AED 525,000443 sq ft1,185Resale
231127 Jul 2026AED 500,000443 sq ft1,129Resale
340420 Jul 2026AED 530,000442 sq ft1,199Resale
29082 Jul 2026AED 595,000470 sq ft1,266Resale

How we worked out the value

We took the 5 resale sales of units ending 18 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,253). We multiplied it by the size of this unit (416 sq ft). The range uses the middle half of those sales (AED 1,197 to AED 1,286 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 559,554. Floor, view, condition and upgrades can move the price either way. Sales data to 12 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1118 at Ghalia Tower worth?

About AED 521,000 (range AED 498,000 to AED 535,000), based on AED 1,253 per sq ft from registered sales up to 12 Oct 2026.

When did unit 1118 last sell?

28 Oct 2025, for AED 580,000 (resale). It has 2 registered sales.

What rent can unit 1118 make?

A studio in Ghalia Tower rents for about AED 43,000 a year (median asking rent). That is a gross yield of 8.3% on the estimate.

Sales alert for Ghalia TowerAll sales in Ghalia Tower

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