1-bed · 468 sqftGreen Community South West Apartment 1, Green Community West · 2nd floor

1203, Green Community South West Apartment 1

Sold prices and rental history: sold 3 times, last in June 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 19 May 2024
Last soldAED 980K8 June 2017
Current rentAED 72K /yr19 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Green Community South West Apartment 1

What is 1203 worth today?

Last sold for AED 980,000 in 2017

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19 May 2024RentedRenewal
AED 72,000/yr12 months · AED 77 per sqft
19 May 2023RentedRenewal
AED 60,000/yr12 months · AED 64 per sqft
19 May 2022RentedNew contract
AED 60,000/yr12 months · AED 64 per sqft
13 Jul 2021RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
1 Nov 2018RentedNew contract
AED 70,000/yr12 months · AED 75 per sqft
10 Jul 2017RentedNew contract
AED 95,000/yr12 months · AED 101 per sqft
8 Jun 2017SoldReady
AED 980,000AED 2,095 per sqft
26 Jul 2016RentedNew contract
AED 95,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 19 May 2024.

Key facts

Type
1-bed apartment
Size
468 sqft
Floor
2nd of 3
Parking
G-06
Service charge
AED 8,100 /yr
Last sold
AED 980K · June 2017

About 1203, Green Community South West Apartment 1

1203 is a one-bedroom apartment of 468 sqft on the 2nd floor of Green Community South West Apartment 1, a 3-storey tower in Green Community West. It last sold on 8 June 2017 for AED 980,000, or AED 2,095 per sqft.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 19 May 2024, is AED 72,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 8,100 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in Green Community South West Apartment 1
600K800K1M201320152017Typical sale price by year: 2013 AED 800,000; 2015 AED 800,000Sold, May 2013: AED 550,000 (AED 588 per sqft)Sold by developer, May 2013: AED 800,000 (AED 855 per sqft)Sold, June 2017: AED 980,000 (AED 2,095 per sqft)

1203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Green Community South West Apartment 1
50K75K100K2013201720212025Typical rent by year: 2013 AED 70,000; 2014 AED 82,500; 2015 AED 78,500; 2016 AED 82,000; 2017 AED 78,500; 2018 AED 70,000; 2019 AED 58,000; 2020 AED 50,500; 2021 AED 50,000; 2022 AED 60,000; 2023 AED 62,500; 2024 AED 77,500; 2025 AED 80,000; 2026 AED 80,000New contract, May 2013: AED 65,000 a yearNew contract, June 2014: AED 75,000 a yearRenewal, June 2015: AED 75,000 a yearNew contract, July 2016: AED 95,000 a yearNew contract, July 2017: AED 95,000 a yearNew contract, November 2018: AED 70,000 a yearNew contract, July 2021: AED 55,000 a yearNew contract, May 2022: AED 60,000 a yearRenewal, May 2023: AED 60,000 a yearRenewal, May 2024: AED 72,000 a year

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

1-beds in Green Community South West Apartment 1, and where 1203 sits

All 9 1-beds →

1203's AED 72,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Sep 20251,000,000
30 May 20241,450,000
12 Dec 2023770,000
14 Jul 2023720,000
0 1-bed sales in the last 12 months

Green Community South West Apartment 1

Building

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

Typical price per sqft
AED 943
Typical sale
AED 1.46M
Typical rent
AED 90K /yr
Typical yield
8.7%
Green Community South West Apartment 1, Green Community West: prices, sales and rents →
Value
12012-bedAED 1.43M · Feb 2015
12021-bedAED 740K · Dec 2022
12042-bedAED 1.3M · Jun 2024

1203, Green Community South West Apartment 1 in numbers

  • Sold 3 times: first on 2 May 2013 for AED 800,000, last on 8 June 2017 for AED 980,000 (AED 2,095 per sqft).
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 65,000 to AED 55,000 in 2021 and recovered to AED 72,000 by May 2024.
  • At AED 72,000 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 8,100 a year (AED 17.34 per sqft).

Source: Dubai Land Department. Updated 19 May 2024.

Questions about 1203, Green Community South West Apartment 1

What did unit 1203 last sell for?

AED 980,000 on 8 June 2017: AED 2,095 per sqft for 468 sqft. The unit has 3 registered sales; the first was AED 800,000 in May 2013.

What is the rent for unit 1203?

AED 72,000 a year on the contract renewed on 19 May 2024. The previous contract, from May 2023, was AED 60,000; the unit has been rented since May 2013.

How big is unit 1203?

468 sqft (43.5 sqm): a one-bedroom apartment on the 2nd floor of a 3-storey tower.

What is unit 1203 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 1203, Green Community South West Apartment 1

Starts from the last sale price (AED 980K, 8 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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