Unit 1612, Ghalia Tower: what it sold for and what it is worth now

Unit 1612 at Ghalia Tower is a studio of 446 sq ft. It last sold for AED 440,000 on 7 Feb 2023. At AED 1,114 per sq ft, from 3 sales of units ending 12 (same position in the tower), it is worth about AED 497,000 today.

Value todayAED 497,000AED 474,000 to AED 512,000
Last saleAED 440,0007 Feb 2023 · Resale
Change since last sale+13.0%Building trend alone: AED 528,185
Rent (median asking, studio)AED 43,000Gross yield 8.7%
Bedroomsstudio
Size446 sq ft
Floor16 (from the unit number)
Position in the towerStack 12: units ending 12 share the same layout and view
BuildingGhalia Tower by DAMAC Properties, handed over 2019
Registered sales of this unit1

Every registered sale of unit 1612

DatePriceSizeAED/sq ftType
7 Feb 2023AED 440,000446 sq ft987Resale

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
33128 Jan 2026AED 445,000439 sq ft1,014Resale
211224 Feb 2025AED 530,000449 sq ft1,180Resale
10123 Feb 2025AED 500,000449 sq ft1,114Resale
311213 May 2024AED 590,000439 sq ft1,344Resale
4127 Dec 2023AED 500,000439 sq ft1,139Resale
201215 Jun 2023AED 440,000449 sq ft980Resale
311224 Feb 2023AED 412,500439 sq ft940Resale
20129 Aug 2022AED 631,800449 sq ft1,407Resale

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 12 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,114). We multiplied it by the size of this unit (446 sq ft). The range uses the middle half of those sales (AED 1,064 to AED 1,147 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 528,185. 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 1612 at Ghalia Tower worth?

About AED 497,000 (range AED 474,000 to AED 512,000), based on AED 1,114 per sq ft from registered sales up to 12 Oct 2026.

When did unit 1612 last sell?

7 Feb 2023, for AED 440,000 (resale). It has 1 registered sale.

What rent can unit 1612 make?

A studio in Ghalia Tower rents for about AED 43,000 a year (median asking rent). That is a gross yield of 8.7% on the estimate.

Sales alert for Ghalia TowerAll sales in Ghalia Tower

Unit 1611 · Unit 1613