3-bed · 1,874 sqftAl Ghaf 1, Arjan · 5th floor

508, Al Ghaf 1

Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 2.9M7 April 2025
Current rentAED 137K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Al Ghaf 1

What is 508 worth today?

Last sold for AED 2,900,000 in 2025

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7 Apr 2025SoldReady
AED 2,900,000AED 1,547 per sqft
1 Aug 2024RentedRenewal
AED 137,000/yr12 months · AED 73 per sqft
1 Aug 2023RentedRenewal
AED 130,000/yr12 months · AED 69 per sqft
1 Aug 2022RentedRenewal
AED 115,000/yr12 months · AED 61 per sqft
1 Aug 2021RentedNew contract
AED 115,000/yr12 months · AED 61 per sqft
20 Sep 2019RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
8 Jul 2017RentedRenewal
AED 165,000/yr12 months · AED 88 per sqft
9 Jul 2016RentedRenewal
AED 165,460/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 7 April 2025.

Key facts

Type
3-bed apartment
Size
1,874 sqft
Floor
5th of 6
Parking
B-7,B-8
Service charge
AED 23,300 /yr
Last sold
AED 2.9M · April 2025
Building
Al Ghaf 1

About 508, Al Ghaf 1

508 is a three-bedroom apartment of 1,874 sqft on the 5th floor of Al Ghaf 1, a 6-storey tower in Arjan. It last sold on 7 April 2025 for AED 2,900,000, or AED 1,547 per sqft, 25% above the AED 1,241 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 137,000 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 23,300 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical three-bed in Al Ghaf 1
2M2008201320182023Typical sale price by year: 2008 AED 660,800; 2009 AED 670,800; 2010 AED 1,470,000; 2013 AED 1,750,000; 2024 AED 1,105,000; 2025 AED 1,145,000Sold by developer, January 2009: AED 908,800 (AED 484 per sqft)Sold, February 2011: AED 1,230,000 (AED 656 per sqft)Sold, April 2025: AED 2,900,000 (AED 1,547 per sqft)

508 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 508, each contractTypical three-bed in Al Ghaf 1
100K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 130,000; 2014 AED 157,500; 2015 AED 155,000; 2016 AED 156,301; 2017 AED 148,000; 2018 AED 135,000; 2019 AED 130,000; 2020 AED 120,000; 2021 AED 82,000; 2022 AED 52,079; 2023 AED 107,525; 2024 AED 128,238; 2025 AED 148,836; 2026 AED 118,139New contract, April 2013: AED 125,000 a yearNew contract, October 2013: AED 160,000 a yearNew contract, July 2015: AED 164,558 a yearRenewal, July 2016: AED 165,460 a yearRenewal, July 2017: AED 165,000 a yearNew contract, September 2019: AED 120,000 a yearNew contract, August 2021: AED 115,000 a yearRenewal, August 2022: AED 115,000 a yearRenewal, August 2023: AED 130,000 a yearRenewal, August 2024: AED 137,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Ghaf 1, and where 508 sits

All 22 3-beds →

508 last sold in April 2025 at AED 1,547 per sqft, 25% above what three-beds in Al Ghaf 1 were fetching at the time (AED 1,241). Over the last 12 months three-beds sold for AED 1,150,000 to 3,360,000, around AED 1,584 per sqft, and rent for AED 67,485 to 210,000 a year. 508's AED 137,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Sep 20263,360,000
16 Mar 20261,150,000
23 Jun 20252,735,000
28 Feb 20251,100,000
2 3-bed sales in the last 12 months

Al Ghaf 1

Building

126 apartments, studios to 4-bed over 6 floors in Arjan. 10 sold in the last 12 months.

Typical price per sqft
AED 1,444 Up 7.8%
Typical sale
AED 619K
Typical rent
AED 60K /yr
Typical yield
7.3%
Al Ghaf 1, Arjan: prices, sales and rents →

Other units on the 5th floor

All 126 units in Al Ghaf 1
Value
5073-bedAED 909K · Feb 2008

508, Al Ghaf 1 in numbers

  • Sold 3 times: first on 14 January 2009 for AED 908,800, last on 7 April 2025 for AED 2,900,000 (AED 1,547 per sqft).
  • Rented since April 2013 on 10 Ejari contracts, from AED 125,000 to AED 137,000 a year.
  • At AED 137,000 a year the gross yield on the 2025 price is 4.7%, before a service charge of about AED 23,300 a year (AED 12.41 per sqft).
  • Three-beds in Al Ghaf 1 sold for AED 1,150,000–3,360,000 in the 12 months to November 2026; the building's median across all types is AED 1,444 per sqft.

Source: Dubai Land Department. Updated 7 April 2025.

Questions about 508, Al Ghaf 1

What did unit 508 last sell for?

AED 2,900,000 on 7 April 2025: AED 1,547 per sqft for 1,874 sqft. The unit has 3 registered sales; the first was AED 908,800 in January 2009.

What is the rent for unit 508?

AED 137,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 130,000; the unit has been rented since April 2013.

How big is unit 508?

1,874 sqft (174.1 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Ghaf 1 sold for AED 1,150,000 to 3,360,000 in the last 12 months, around AED 1,584 per sqft.

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Mortgage on 508, Al Ghaf 1

Starts from the last sale price (AED 2.9M, 7 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →