Unit 311, Ghalia Tower: what it sold for and what it is worth now

Unit 311 at Ghalia Tower is a studio of 382 sq ft. It last sold for AED 295,320 on 1 May 2023. At AED 1,253 per sq ft, from 6 sales of units ending 11 (same position in the tower), it is worth about AED 479,000 today.

Value todayAED 479,000AED 452,000 to AED 485,000
Last saleAED 295,3201 May 2023 · Resale
Change since last sale+62.2%Building trend alone: AED 345,801
Rent (median asking, studio)AED 43,000Gross yield 9.0%
Bedroomsstudio
Size382 sq ft
Floor3 (from the unit number)
Position in the towerStack 11: units ending 11 share the same layout and view
BuildingGhalia Tower by DAMAC Properties, handed over 2019
Registered sales of this unit1

Every registered sale of unit 311

DatePriceSizeAED/sq ftType
1 May 2023AED 295,320382 sq ft773Resale

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
101116 Sep 2026AED 515,000443 sq ft1,163Resale
231127 Jul 2026AED 500,000443 sq ft1,129Resale
21112 Jul 2026AED 560,000443 sq ft1,264Resale
161119 Feb 2026AED 550,000432 sq ft1,273Resale
341113 Feb 2025AED 570,000434 sq ft1,313Resale
211119 Nov 2024AED 550,000443 sq ft1,242Resale
191112 Sep 2024AED 550,000432 sq ft1,273Resale
231113 Jun 2024AED 505,000443 sq ft1,140Resale

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 6 resale sales of units ending 11 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 (382 sq ft). The range uses the middle half of those sales (AED 1,182 to AED 1,271 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 345,801. 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 311 at Ghalia Tower worth?

About AED 479,000 (range AED 452,000 to AED 485,000), based on AED 1,253 per sq ft from registered sales up to 12 Oct 2026.

When did unit 311 last sell?

1 May 2023, for AED 295,320 (resale). It has 1 registered sale.

What rent can unit 311 make?

A studio in Ghalia Tower rents for about AED 43,000 a year (median asking rent). That is a gross yield of 9.0% on the estimate.

Sales alert for Ghalia TowerAll sales in Ghalia Tower

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