Unit 3704, Ghalia Tower: what it sold for and what it is worth now

Unit 3704 at Ghalia Tower is a studio of 442 sq ft. It last sold for AED 545,000 on 14 Jun 2023. At AED 1,247 per sq ft, from 9 sales of units ending 04 (same position in the tower), it is worth about AED 551,000 today.

Value todayAED 551,000AED 551,000 to AED 560,000
Last saleAED 545,00014 Jun 2023 · Resale
Change since last sale+1.1%Building trend alone: AED 631,645
Rent (median asking, studio)AED 43,000Gross yield 7.8%
Bedroomsstudio
Size442 sq ft
Floor37 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingGhalia Tower by DAMAC Properties, handed over 2019
Registered sales of this unit1

Every registered sale of unit 3704

DatePriceSizeAED/sq ftType
14 Jun 2023AED 545,000442 sq ft1,233Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
340420 Jul 2026AED 530,000442 sq ft1,199Resale
220426 Jan 2026AED 600,000441 sq ft1,361Resale
90427 Nov 2025AED 550,000441 sq ft1,247Resale
130420 Nov 2025AED 550,000441 sq ft1,247Resale
350417 Oct 2025AED 570,000442 sq ft1,290Resale
22044 Sep 2025AED 426,965441 sq ft968Resale
30048 May 2025AED 540,000431 sq ft1,253Resale
34046 Jan 2025AED 560,000442 sq ft1,267Resale

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 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,247). We multiplied it by the size of this unit (442 sq ft). The range uses the middle half of those sales (AED 1,247 to AED 1,267 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 631,645. 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 3704 at Ghalia Tower worth?

About AED 551,000 (range AED 551,000 to AED 560,000), based on AED 1,247 per sq ft from registered sales up to 12 Oct 2026.

When did unit 3704 last sell?

14 Jun 2023, for AED 545,000 (resale). It has 1 registered sale.

What rent can unit 3704 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

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