Unit 3116, Ghalia Tower: what it sold for and what it is worth now

Unit 3116 at Ghalia Tower is a studio of 424 sq ft. It last sold for AED 545,000 on 1 Jul 2024. At AED 1,244 per sq ft, from 5 sales of units ending 16 (same position in the tower), it is worth about AED 528,000 today.

Value todayAED 528,000AED 528,000 to AED 556,000
Last saleAED 545,0001 Jul 2024 · Resale
Change since last sale-3.1%Building trend alone: AED 541,248
Rent (median asking, studio)AED 43,000Gross yield 8.1%
Bedroomsstudio
Size424 sq ft
Floor31 (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 unit3

Every registered sale of unit 3116

DatePriceSizeAED/sq ftType
1 Jul 2024AED 545,000424 sq ft1,285Resale
13 Apr 2023AED 440,000424 sq ft1,038Resale
3 Jan 2022AED 368,600424 sq ft869Resale

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
221625 Jan 2024AED 580,000442 sq ft1,312Resale
151615 Dec 2023AED 499,000442 sq ft1,129Resale
37166 Sep 2023AED 490,000424 sq ft1,156Resale

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 (424 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 541,248. 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 3116 at Ghalia Tower worth?

About AED 528,000 (range AED 528,000 to AED 556,000), based on AED 1,244 per sq ft from registered sales up to 12 Oct 2026.

When did unit 3116 last sell?

1 Jul 2024, for AED 545,000 (resale). It has 3 registered sales.

What rent can unit 3116 make?

A studio in Ghalia Tower rents for about AED 43,000 a year (median asking rent). That is a gross yield of 8.1% on the estimate.

Sales alert for Ghalia TowerAll sales in Ghalia Tower

Unit 3115 · Unit 3118