2-bed · 1,305 sqftAl Dhafrah 1, The Greens · 4th floor

418, Al Dhafrah 1

Sold prices and rental history: sold twice, last in February 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 418 · DLD and Ejari recordsUpdated 8 September 2024
Last soldAED 800K9 February 2010
Current rentAED 130K /yr8 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 418, Al Dhafrah 1

What is 418 worth today?

Last sold for AED 800,000 in 2010

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8 Sep 2024RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
22 Apr 2023RentedRenewal
AED 99,000/yr12 months · AED 76 per sqft
22 Apr 2022RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
15 Feb 2021RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
10 Oct 2019RentedNew contract
AED 86,000/yr12 months · AED 66 per sqft
10 Oct 2018RentedNew contract
AED 95,000/yr12 months · AED 73 per sqft
20 Aug 2015RentedRenewal
AED 100,000/yr12 months · AED 77 per sqft
20 Aug 2014RentedRenewal
AED 100,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 8 September 2024.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
4th of 7
Parking
31
Service charge
AED 20,900 /yr
Last sold
AED 800K · February 2010
Building
Al Dhafrah 1

About 418, Al Dhafrah 1

418 is a two-bedroom apartment of 1,305 sqft on the 4th floor of Al Dhafrah 1, a 7-storey tower in The Greens. It last sold on 9 February 2010 for AED 800,000, or AED 613 per sqft, 10% above the AED 556 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 8 September 2024, is AED 130,000 a year: a gross yield of 16.3% on the 2010 price, before the service charge of about AED 20,900 a year.

Sales and rents for 418 over time

Sales
Unit 418, each saleTypical two-bed in Al Dhafrah 1
1M2M2007201220172022Typical sale price by year: 2007 AED 470,000; 2008 AED 698,800; 2009 AED 605,800; 2010 AED 1,200,000; 2011 AED 840,000; 2012 AED 1,000,000; 2013 AED 1,625,000; 2014 AED 1,898,500; 2016 AED 1,670,000; 2017 AED 1,490,000; 2023 AED 1,600,000; 2024 AED 1,865,000; 2025 AED 1,900,000Sold by developer, September 2009: AED 875,000 (AED 670 per sqft)Sold, February 2010: AED 800,000 (AED 613 per sqft)

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

Rents
Unit 418, each contractTypical two-bed in Al Dhafrah 1
100K2012201620202024Typical rent by year: 2012 AED 87,500; 2013 AED 113,500; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 90,000; 2020 AED 78,000; 2021 AED 78,000; 2022 AED 90,000; 2023 AED 103,000; 2024 AED 115,500; 2025 AED 111,769; 2026 AED 122,875New contract, August 2012: AED 85,000 a yearRenewal, August 2013: AED 80,000 a yearRenewal, August 2014: AED 100,000 a yearRenewal, August 2015: AED 100,000 a yearNew contract, October 2018: AED 95,000 a yearNew contract, October 2019: AED 86,000 a yearNew contract, February 2021: AED 70,000 a yearNew contract, April 2022: AED 90,000 a yearRenewal, April 2023: AED 99,000 a yearNew contract, September 2024: AED 130,000 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 Al Dhafrah 1, and where 418 sits

All 33 2-beds →

418 last sold in February 2010 at AED 613 per sqft, 10% above what two-beds in Al Dhafrah 1 were fetching at the time (AED 556). Over the last 12 months two-beds sold for AED 2,100,000, around AED 1,983 per sqft, and rent for AED 100,000 to 180,000 a year. 418's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Nov 20252,100,000
9 Jul 20251,900,000
17 Apr 20251,790,000
18 Dec 20242,100,000
1 2-bed sale 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

418, Al Dhafrah 1 in numbers

  • Sold twice: first on 1 September 2009 for AED 875,000, last on 9 February 2010 for AED 800,000 (AED 613 per sqft).
  • Rented since August 2012 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 70,000 in 2021 and recovered to AED 130,000 by September 2024.
  • At AED 130,000 a year the gross yield on the 2010 price is 16.3%, before a service charge of about AED 20,900 a year (AED 16.03 per sqft).
  • Two-beds in Al Dhafrah 1 sold for AED 2,100,000–2,100,000 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 8 September 2024.

Questions about 418, Al Dhafrah 1

What did unit 418 last sell for?

AED 800,000 on 9 February 2010: AED 613 per sqft for 1,305 sqft. The unit has 2 registered sales; the first was AED 875,000 in September 2009.

What is the rent for unit 418?

AED 130,000 a year on the contract signed on 8 September 2024. The previous contract, from April 2023, was AED 99,000; the unit has been rented since August 2012.

How big is unit 418?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 418 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Dhafrah 1 sold for AED 2,100,000 to 2,100,000 in the last 12 months, around AED 1,983 per sqft.

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Mortgage on 418, Al Dhafrah 1

Starts from the last sale price (AED 800K, 9 February 2010). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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