1-bed · 748 sqftAl Dhafrah 1, The Greens · 4th floor

416, Al Dhafrah 1

Sold prices and rental history: sold 5 times, last in January 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 28 March 2024
Last soldAED 1.13M5 January 2024
Current rentAED 100K /yr28 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Al Dhafrah 1

What is 416 worth today?

Last sold for AED 1,125,000 in 2024

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28 Mar 2024RentedNew contract
AED 100,000/yr12 months · AED 133 per sqft
5 Jan 2024SoldReady
AED 1,125,000AED 1,503 per sqft
26 Apr 2022RentedRenewal
AED 40,000/yr12 months · AED 53 per sqft
26 Apr 2021RentedNew contract
AED 30,000/yr12 months · AED 40 per sqft
27 Apr 2019RentedNew contract
AED 65,000/yr12 months · AED 86 per sqft
23 Jul 2018SoldReady
AED 750,000AED 1,002 per sqft
14 Nov 2015RentedRenewal
AED 70,180/yr12 months · AED 93 per sqft
14 Nov 2014RentedRenewal
AED 63,800/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 28 March 2024.

Key facts

Type
1-bed apartment
Size
748 sqft
Floor
4th of 7
Parking
38
Service charge
AED 12,000 /yr
Last sold
AED 1.13M · January 2024
Building
Al Dhafrah 1

About 416, Al Dhafrah 1

416 is a one-bedroom apartment of 748 sqft on the 4th floor of Al Dhafrah 1, a 7-storey tower in The Greens. It last sold on 5 January 2024 for AED 1,125,000, or AED 1,503 per sqft, 22% above the AED 1,231 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 28 March 2024, is AED 100,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 12,000 a year.

Sales and rents for 416 over time

Sales
Unit 416, each saleTypical one-bed in Al Dhafrah 1
500K1M1.5M20072012201720222027Typical sale price by year: 2007 AED 394,800; 2008 AED 648,500; 2009 AED 410,800; 2010 AED 598,000; 2011 AED 411,300; 2012 AED 690,000; 2013 AED 902,000; 2014 AED 1,177,500; 2015 AED 1,050,000; 2016 AED 1,075,000; 2017 AED 1,039,250; 2018 AED 805,000; 2020 AED 625,000; 2021 AED 750,000; 2022 AED 780,000; 2023 AED 971,670; 2024 AED 1,187,500; 2025 AED 1,270,000; 2026 AED 1,350,000Sold by developer, October 2007: AED 394,800 (AED 527 per sqft)Sold, March 2012: AED 590,000 (AED 788 per sqft)Sold, July 2012: AED 600,000 (AED 801 per sqft)Sold, July 2018: AED 750,000 (AED 1,002 per sqft)Sold, January 2024: AED 1,125,000 (AED 1,503 per sqft)

416 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 416, each contractTypical one-bed in Al Dhafrah 1
50K100K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 70,000; 2014 AED 84,000; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 51,500; 2021 AED 48,000; 2022 AED 55,650; 2023 AED 68,250; 2024 AED 74,834; 2025 AED 81,500; 2026 AED 80,000New contract, November 2012: AED 55,000 a yearNew contract, November 2013: AED 58,000 a yearRenewal, November 2014: AED 63,800 a yearRenewal, November 2015: AED 70,180 a yearNew contract, April 2019: AED 65,000 a yearNew contract, April 2021: AED 30,000 a yearRenewal, April 2022: AED 40,000 a yearNew contract, March 2024: AED 100,000 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 Al Dhafrah 1, and where 416 sits

All 75 1-beds →

416 last sold in January 2024 at AED 1,503 per sqft, 22% above what one-beds in Al Dhafrah 1 were fetching at the time (AED 1,231). Over the last 12 months one-beds sold for AED 672,357 to 1,550,000, around AED 1,848 per sqft, and rent for AED 55,000 to 125,000 a year. 416's AED 100,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 20261,350,000
25 Aug 2026672,357
29 Jun 20261,550,000
5 May 20261,350,000
6 1-bed sales in the last 12 months

Al Dhafrah 1

Building

108 apartments, 1-bed to 2-bed over 7 floors in The Greens. 7 sold in the last 12 months.

Typical price per sqft
AED 1,873
Typical sale
AED 1.4M
Typical rent
AED 90K /yr
Typical yield
5.6%
Al Dhafrah 1, The Greens: prices, sales and rents →

Other units on the 4th floor

All 108 units in Al Dhafrah 1
Value
4011-bedAED 425K · Nov 2007
4021-bedAED 465K · Dec 2007
4031-bedAED 825K · Jul 2012
4041-bedAED 720K · Feb 2020
4052-bedAED 2.1M · Oct 2024
4061-bedAED 416K · Aug 2010
4071-bedAED 625K · Sep 2020
1–7 of 18

416, Al Dhafrah 1 in numbers

  • Sold 5 times: first on 23 October 2007 for AED 394,800, last on 5 January 2024 for AED 1,125,000 (AED 1,503 per sqft).
  • Rented since November 2012 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2021 and recovered to AED 100,000 by March 2024.
  • At AED 100,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 12,000 a year (AED 16.03 per sqft).
  • One-beds in Al Dhafrah 1 sold for AED 672,357–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,873 per sqft.

Source: Dubai Land Department. Updated 28 March 2024.

Questions about 416, Al Dhafrah 1

What did unit 416 last sell for?

AED 1,125,000 on 5 January 2024: AED 1,503 per sqft for 748 sqft. The unit has 5 registered sales; the first was AED 394,800 in October 2007.

What is the rent for unit 416?

AED 100,000 a year on the contract signed on 28 March 2024. The previous contract, from April 2022, was AED 40,000; the unit has been rented since November 2012.

How big is unit 416?

748 sqft (69.5 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 416 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Dhafrah 1 sold for AED 672,357 to 1,550,000 in the last 12 months, around AED 1,848 per sqft.

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Mortgage on 416, Al Dhafrah 1

Starts from the last sale price (AED 1.13M, 5 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

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