Unit 405, Ghalia Tower: what it sold for and what it is worth now

Unit 405 at Ghalia Tower is a studio of 442 sq ft. It last sold for AED 320,000 on 18 Dec 2023. At AED 1,200 per sq ft, from 4 sales of units ending 05 (same position in the tower), it is worth about AED 530,000 today.

Value todayAED 530,000AED 510,000 to AED 552,000
Last saleAED 320,00018 Dec 2023 · Resale
Change since last sale+65.6%Building trend alone: AED 338,560
Rent (median asking, studio)AED 43,000Gross yield 8.1%
Bedroomsstudio
Size442 sq ft
Floor4 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingGhalia Tower by DAMAC Properties, handed over 2019
Registered sales of this unit2

Every registered sale of unit 405

DatePriceSizeAED/sq ftType
18 Dec 2023AED 320,000442 sq ft724Resale
29 Dec 2020AED 449,999442 sq ft1,018Resale

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30059 Mar 2026AED 840,000675 sq ft1,244Resale
21051 Sep 2025AED 850,000675 sq ft1,259Resale
70513 Mar 2025AED 775,000675 sq ft1,148Resale
35055 Mar 2025AED 780,000675 sq ft1,156Resale
250516 Sep 2024AED 825,000675 sq ft1,222Resale
190512 Jul 2024AED 750,000675 sq ft1,111Resale
22054 Apr 2024AED 710,000675 sq ft1,052Resale
2051 Mar 2024AED 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 4 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,200). We multiplied it by the size of this unit (442 sq ft). The range uses the middle half of those sales (AED 1,154 to AED 1,248 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 338,560. 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 405 at Ghalia Tower worth?

About AED 530,000 (range AED 510,000 to AED 552,000), based on AED 1,200 per sq ft from registered sales up to 12 Oct 2026.

When did unit 405 last sell?

18 Dec 2023, for AED 320,000 (resale). It has 2 registered sales.

What rent can unit 405 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

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