Myka Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Myka Luxe
120
Total Units
120
Sold
⃃ 837,500
Median Price
⃃ 1,110
Median Price /sqft
Construction progress: 100% (As of Feb-2023)
Start: Aug, 2022Completion: Feb, 2023

Myka Residence Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio60440 sqft - 440 sqft⃃ 0.6M (1,380 /sqft)⃃ 1,520 /sqft
-9.33
1 Bed48890 sqft - 1,170 sqft⃃ 1.1M (1,180 /sqft)⃃ 1,310 /sqft
-10.08
2 Beds121,170 sqft - 1,210 sqft⃃ 1.6M (1,360 /sqft)⃃ 1,270 /sqft
6.97

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Myka ResidenceMe'Aisem First
Nov 2022—899
Dec 2022—840
Jan 2023—858
Feb 20231.5K860
Mar 20239621.2K
Apr 20239641.1K
May 20239841.1K
Jun 20231.1K1.1K
Jul 20231.1K1.1K
Aug 20231.4K1.1K
Sep 20231.2K1.2K
Oct 20231.2K1.2K
Nov 2023—1.2K
Dec 2023—1.1K
Jan 20241.1K1.2K
Feb 20241.1K1.2K
Mar 20241.1K1.2K
Apr 20241.1K1.2K
May 20241.1K1.2K
Jun 20241.1K1.2K
Jul 20241.1K1.3K
Aug 20241.3K1.2K
Sep 20241.2K1.2K
Oct 20241.4K1.3K
Nov 20241.1K1.2K
Dec 20241.1K1.2K
Jan 20251.2K1.2K
Feb 2025—1.3K
Mar 20251.1K1.3K
Apr 20251.4K1.3K
May 20251.4K1.3K
Jun 20251.4K1.4K
Jul 2025—1.4K
Aug 20251.1K1.5K
Sep 2025—1.5K
Oct 2025—1.4K
Nov 20251.2K1.3K
Dec 20251.4K1.3K
Jan 2026—1.4K
Feb 20261.3K1.4K
Mar 20261.4K1.4K
Apr 2026—1.4K
May 20261.1K1.4K
Jun 20261.2K1.3K
Jul 20266581.5K
Aug 20261.3K1.4K
Sep 2026—1.5K
Oct 20261.4K1.4K
Nov 2026—1.6K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
1Apartment, ****1893 sqft14.3 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment1,169 sqft23.43 sqft⃃ 1,200,000⃃ 1,027 /sqft28, May 2024
1Apartment957 sqft15.83 sqft⃃ 1,200,000⃃ 1,254 /sqft20, May 2025
1Apartment963 sqft15.93 sqft⃃ 1,060,000⃃ 1,101 /sqft26, Dec 2024
1Apartment928 sqft16.98 sqft⃃ 1,050,000⃃ 1,131 /sqft16, Dec 2024
1Apartment956 sqft19.73 sqft⃃ 998,450⃃ 1,044 /sqft16, Sep 2024
1Apartment892 sqft14.31 sqft⃃ 990,850⃃ 1,111 /sqft07, Nov 2024
1Apartment926 sqft15.94 sqft⃃ 969,950⃃ 1,047 /sqft07, Mar 2024
2Apartment1,211 sqft20.34 sqft⃃ 1,700,000⃃ 1,404 /sqft13, May 2025
2Apartment1,204 sqft20.46 sqft⃃ 1,486,750⃃ 1,235 /sqft09, Jan 2025
StudioApartment440 sqft7.09 sqft⃃ 750,000⃃ 1,705 /sqft28, Apr 2025
StudioApartment442 sqft7.14 sqft⃃ 610,000⃃ 1,380 /sqft01, Oct 2026
StudioApartment442 sqft7.12 sqft⃃ 425,000⃃ 962 /sqft03, May 2023
StudioApartment442 sqft7.14 sqft⃃ 425,000⃃ 962 /sqft31, Mar 2023
StudioApartment442 sqft7.14 sqft⃃ 425,000⃃ 962 /sqft13, Apr 2023
StudioApartment442 sqft7.14 sqft⃃ 425,000⃃ 962 /sqft04, Apr 2023

Myka Residence Real Estate Data – FAQ

  • What is the current property supply in Myka Residence?

    Myka Residence has approximately 55 completed residential units.

  • How active is the real estate market in Myka Residence?

    Myka Residence recorded 13 property transactions over the last 12 months.

  • What is the average price /sqft in Myka Residence?

    The median recorded sale price in Myka Residence is AED 1,260 /sqft.

  • What rental yield can investors expect in Myka Residence?

    The gross rental yield in Myka Residence is 8%, calculated from median rental income and comparable median sale prices.

  • How much have property prices increased in Myka Residence?

    The year-over-year median price per square foot change in Myka Residence is 0%, comparing consecutive 12-month periods.

  • How many off-plan projects are currently in Myka Residence?

    Myka Residence has 0 recorded active off-plan projects.

  • What is the future supply pipeline in Myka Residence?

    The recorded off-plan pipeline in Myka Residence contains 0 units.

  • Is Myka Residence a good area for property investment?

    Assess Myka Residence using available transaction, rental and supply data. Missing metrics do not establish investment performance, and historical results do not guarantee future returns.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    The gross rental yield in Myka Residence is 8%, calculated from median rental income and comparable median sale prices.