Unit 1617, Ghalia Tower: what it sold for and what it is worth now

Unit 1617 at Ghalia Tower is a studio of 449 sq ft. It last sold for AED 500,000 on 23 Jul 2025. At AED 1,236 per sq ft, from 9 sales of units ending 17 (same position in the tower), it is worth about AED 555,000 today.

Value todayAED 555,000AED 540,000 to AED 585,000
Last saleAED 500,00023 Jul 2025 · Resale
Change since last sale+11.0%Building trend alone: AED 483,191
Rent (median asking, studio)AED 43,000Gross yield 7.7%
Bedroomsstudio
Size449 sq ft
Floor16 (from the unit number)
Position in the towerStack 17: units ending 17 share the same layout and view
BuildingGhalia Tower by DAMAC Properties, handed over 2019
Registered sales of this unit1

Every registered sale of unit 1617

DatePriceSizeAED/sq ftType
23 Jul 2025AED 500,000449 sq ft1,114Resale

Units ending 17 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
12178 Oct 2026AED 615,000449 sq ft1,370Resale
171713 Jan 2026AED 520,000449 sq ft1,158Resale
271727 Aug 2025AED 550,000445 sq ft1,236Resale
281714 Jul 2025AED 565,000445 sq ft1,270Resale
341724 Feb 2025AED 540,000439 sq ft1,230Resale
101726 Dec 2024AED 585,000449 sq ft1,303Resale
30178 Nov 2024AED 600,000445 sq ft1,348Resale
6174 Nov 2024AED 540,000449 sq ft1,203Resale

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 9 resale sales of units ending 17 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,236). We multiplied it by the size of this unit (449 sq ft). The range uses the middle half of those sales (AED 1,203 to AED 1,303 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 483,191. 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 1617 at Ghalia Tower worth?

About AED 555,000 (range AED 540,000 to AED 585,000), based on AED 1,236 per sq ft from registered sales up to 12 Oct 2026.

When did unit 1617 last sell?

23 Jul 2025, for AED 500,000 (resale). It has 1 registered sale.

What rent can unit 1617 make?

A studio in Ghalia Tower rents for about AED 43,000 a year (median asking rent). That is a gross yield of 7.7% on the estimate.

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