Unit 2016, Ghalia Tower: what it sold for and what it is worth now

Unit 2016 at Ghalia Tower is a studio of 442 sq ft. It last sold for AED 440,999 on 16 Sep 2020. At AED 1,244 per sq ft, from 5 sales of units ending 16 (same position in the tower), it is worth about AED 550,000 today.

Value todayAED 550,000AED 550,000 to AED 580,000
Last saleAED 440,99916 Sep 2020 · Resale
Change since last sale+24.7%Building trend alone: AED 604,329
Rent (median asking, studio)AED 43,000Gross yield 7.8%
Bedroomsstudio
Size442 sq ft
Floor20 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingGhalia Tower by DAMAC Properties, handed over 2019
Registered sales of this unit1

Every registered sale of unit 2016

DatePriceSizeAED/sq ftType
16 Sep 2020AED 440,999442 sq ft998Resale

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
361612 Jun 2026AED 560,000424 sq ft1,321Resale
21164 Feb 2026AED 550,000442 sq ft1,244Resale
17167 Jan 2026AED 550,000442 sq ft1,244Resale
211615 Oct 2025AED 445,000442 sq ft1,007Resale
101624 Mar 2025AED 580,000442 sq ft1,312Resale
31161 Jul 2024AED 545,000424 sq ft1,285Resale
221625 Jan 2024AED 580,000442 sq ft1,312Resale
151615 Dec 2023AED 499,000442 sq ft1,129Resale

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 16 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,244). We multiplied it by the size of this unit (442 sq ft). The range uses the middle half of those sales (AED 1,244 to AED 1,312 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 604,329. 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 2016 at Ghalia Tower worth?

About AED 550,000 (range AED 550,000 to AED 580,000), based on AED 1,244 per sq ft from registered sales up to 12 Oct 2026.

When did unit 2016 last sell?

16 Sep 2020, for AED 440,999 (resale). It has 1 registered sale.

What rent can unit 2016 make?

A studio in Ghalia Tower rents for about AED 43,000 a year (median asking rent). That is a gross yield of 7.8% on the estimate.

Sales alert for Ghalia TowerAll sales in Ghalia Tower

Unit 2012 · Unit 2018