Unit 1607, Ghalia Tower: what it sold for and what it is worth now

Unit 1607 at Ghalia Tower is a studio of 402 sq ft. It last sold for AED 470,000 on 5 Feb 2024. At AED 1,443 per sq ft, from 3 sales of units ending 07 (same position in the tower), it is worth about AED 580,000 today.

Value todayAED 580,000AED 562,000 to AED 590,000
Last saleAED 470,0005 Feb 2024 · Resale
Change since last sale+23.4%Building trend alone: AED 496,524
Rent (median asking, studio)AED 43,000Gross yield 7.4%
Bedroomsstudio
Size402 sq ft
Floor16 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingGhalia Tower by DAMAC Properties, handed over 2019
Registered sales of this unit3

Every registered sale of unit 1607

DatePriceSizeAED/sq ftType
5 Feb 2024AED 470,000402 sq ft1,169Resale
24 Nov 2023AED 403,000402 sq ft1,002Resale
3 Feb 2023AED 420,000402 sq ft1,045Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
110716 Oct 2025AED 580,000402 sq ft1,443Resale
21073 Feb 2025AED 600,000402 sq ft1,493Resale
320729 Oct 2024AED 550,000407 sq ft1,351Resale
21077 Oct 2024AED 450,000402 sq ft1,119Resale
330711 Jun 2024AED 600,000407 sq ft1,474Resale
20078 May 2024AED 600,000402 sq ft1,493Resale
310727 Mar 2024AED 540,000407 sq ft1,327Resale
15073 Jan 2024AED 510,000402 sq ft1,269Resale

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 3 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,443). We multiplied it by the size of this unit (402 sq ft). The range uses the middle half of those sales (AED 1,397 to AED 1,468 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 496,524. 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 1607 at Ghalia Tower worth?

About AED 580,000 (range AED 562,000 to AED 590,000), based on AED 1,443 per sq ft from registered sales up to 12 Oct 2026.

When did unit 1607 last sell?

5 Feb 2024, for AED 470,000 (resale). It has 3 registered sales.

What rent can unit 1607 make?

A studio in Ghalia Tower rents for about AED 43,000 a year (median asking rent). That is a gross yield of 7.4% on the estimate.

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