2-bed · 1,548 sqftGreen Community North West Apartment 7, Green Community West · 2nd floor

7204, Green Community North West Apartment 7

Sold prices and rental history: sold twice, last in July 2021, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7204 · DLD and Ejari recordsUpdated 11 July 2021
Last soldAED 875K11 July 2021
Current rentAED 110K /yr10 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7204, Green Community North West Apartment 7

What is 7204 worth today?

Last sold for AED 875,000 in 2021

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11 Jul 2021SoldReady
AED 875,000AED 565 per sqft
10 Oct 2018RentedRenewal
AED 110,000/yr12 months · AED 71 per sqft
10 Oct 2017RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft
7 Aug 2016RentedNew contract
AED 135,000/yr12 months · AED 87 per sqft
11 Dec 2013Sold by developerReady
AED 1,125,000AED 726 per sqft

Source: Dubai Land Department. Updated 11 July 2021.

Key facts

Type
2-bed apartment
Size
1,548 sqft
Floor
2nd of 3
Parking
G-116,G-128
Service charge
AED 26,800 /yr
Last sold
AED 875K · July 2021

About 7204, Green Community North West Apartment 7

7204 is a two-bedroom apartment of 1,548 sqft on the 2nd floor of Green Community North West Apartment 7, a 3-storey tower in Green Community West. It last sold on 11 July 2021 for AED 875,000, or AED 565 per sqft, in line with the AED 575 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 10 October 2018, is AED 110,000 a year: a gross yield of 12.6% on the 2021 price, before the service charge of about AED 26,800 a year.

Sales and rents for 7204 over time

Sales
Unit 7204, each saleTypical two-bed in Green Community North West Apartment 7
1M2013201620192022Typical sale price by year: 2013 AED 1,125,000; 2021 AED 890,000Sold by developer, December 2013: AED 1,125,000 (AED 726 per sqft)Sold, July 2021: AED 875,000 (AED 565 per sqft)

7204 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7204, each contractTypical two-bed in Green Community North West Apartment 7
100K2015201820212024Typical rent by year: 2015 AED 130,000; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 116,000; 2019 AED 90,000; 2020 AED 85,000; 2021 AED 75,000; 2023 AED 88,000; 2024 AED 95,000; 2025 AED 130,000New contract, August 2016: AED 135,000 a yearNew contract, October 2017: AED 120,000 a yearRenewal, October 2018: AED 110,000 a year

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

2-beds in Green Community North West Apartment 7, and where 7204 sits

All 7 2-beds →

7204 last sold in July 2021 at AED 565 per sqft, in line with what two-beds in Green Community North West Apartment 7 were fetching at the time (AED 575). 7204's AED 110,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jul 20221,210,000
21 Feb 2022853,000
5 May 2021925,000
27 Apr 2021890,000
0 2-bed sales in the last 12 months

Green Community North West Apartment 7

Building

16 apartments, 1-bed to 2-bed over 3 floors in Green Community West. 2 sold in the last 12 months.

Typical price per sqft
AED 914
Typical sale
AED 920K
Typical rent
AED 97K /yr
Typical yield
8.9%
Green Community North West Apartment 7, Green Community West: prices, sales and rents →
Value
72012-bedAED 1.45M · Jul 2013
72021-bedAED 755K · Jun 2023
72031-bedAED 885K · Dec 2024

7204, Green Community North West Apartment 7 in numbers

  • Sold twice: first on 11 December 2013 for AED 1,125,000, last on 11 July 2021 for AED 875,000 (AED 565 per sqft).
  • Rented since August 2016 on 3 Ejari contracts, from AED 135,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 12.6%, before a service charge of about AED 26,800 a year (AED 17.34 per sqft).

Source: Dubai Land Department. Updated 11 July 2021.

Questions about 7204, Green Community North West Apartment 7

What did unit 7204 last sell for?

AED 875,000 on 11 July 2021: AED 565 per sqft for 1,548 sqft. The unit has 2 registered sales; the first was AED 1,125,000 in December 2013.

What is the rent for unit 7204?

AED 110,000 a year on the contract renewed on 10 October 2018. The previous contract, from October 2017, was AED 120,000; the unit has been rented since August 2016.

How big is unit 7204?

1,548 sqft (143.8 sqm): a two-bedroom apartment on the 2nd floor of a 3-storey tower.

What is unit 7204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 7204, Green Community North West Apartment 7

Starts from the last sale price (AED 875K, 11 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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