1-bed · 739 sqftAl Dhafrah 2, The Greens · 4th floor

407, Al Dhafrah 2

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

Unit 407 · DLD and Ejari recordsUpdated 24 January 2024
Last soldAED 1.03M1 August 2010
Current rentAED 72K /yr24 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Al Dhafrah 2

What is 407 worth today?

Last sold for AED 1,030,000 in 2010

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24 Jan 2024RentedNew contract
AED 72,000/yr12 months · AED 97 per sqft
20 Mar 2023RentedRenewal
AED 50,600/yr12 months · AED 68 per sqft
20 Mar 2022RentedRenewal
AED 44,000/yr12 months · AED 60 per sqft
20 Mar 2021RentedNew contract
AED 38,000/yr12 months · AED 51 per sqft
25 Jan 2020RentedNew contract
AED 48,000/yr12 months · AED 65 per sqft
20 Dec 2018RentedRenewal
AED 68,000/yr12 months · AED 92 per sqft
20 Dec 2017RentedRenewal
AED 75,000/yr12 months · AED 101 per sqft
20 Dec 2016RentedRenewal
AED 77,250/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 24 January 2024.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
4th of 7
Parking
427
Service charge
AED 11,900 /yr
Last sold
AED 1.03M · August 2010
Building
Al Dhafrah 2

About 407, Al Dhafrah 2

407 is a one-bedroom apartment of 739 sqft on the 4th floor of Al Dhafrah 2, a 7-storey tower in The Greens. The developer sold it on 1 August 2010 for AED 1,030,000, or AED 1,392 per sqft, 71% above the AED 812 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 24 January 2024, is AED 72,000 a year: a gross yield of 7.0% on the 2010 price, before the service charge of about AED 11,900 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Al Dhafrah 2
500K1M2007201220172022Typical sale price by year: 2007 AED 352,800; 2008 AED 652,500; 2009 AED 712,500; 2010 AED 500,000; 2011 AED 540,000; 2012 AED 680,000; 2013 AED 980,000; 2014 AED 1,200,000; 2015 AED 1,025,000; 2016 AED 1,065,000; 2017 AED 1,062,500; 2019 AED 680,000; 2022 AED 750,000; 2023 AED 950,000; 2024 AED 1,140,000; 2025 AED 1,257,500Sold by developer, August 2010: AED 1,030,000 (AED 1,392 per sqft)

407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in Al Dhafrah 2
50K75K2012201620202024Typical rent by year: 2012 AED 63,000; 2013 AED 70,000; 2014 AED 84,500; 2015 AED 86,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 46,000; 2022 AED 57,100; 2023 AED 67,000; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 80,000New contract, December 2012: AED 65,000 a yearNew contract, December 2014: AED 71,400 a yearRenewal, December 2015: AED 75,000 a yearRenewal, December 2016: AED 77,250 a yearRenewal, December 2017: AED 75,000 a yearRenewal, December 2018: AED 68,000 a yearNew contract, January 2020: AED 48,000 a yearNew contract, March 2021: AED 38,000 a yearRenewal, March 2022: AED 44,000 a yearRenewal, March 2023: AED 50,600 a yearNew contract, January 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 Al Dhafrah 2, and where 407 sits

All 74 1-beds →

407 last sold in August 2010 at AED 1,392 per sqft, 71% above what one-beds in Al Dhafrah 2 were fetching at the time (AED 812). Over the last 12 months one-beds sold for AED 1,650,000, around AED 2,062 per sqft, and rent for AED 68,480 to 110,000 a year. 407's AED 72,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 20261,650,000
12 Sep 20251,300,000
4 Jun 20251,240,000
30 May 20251,275,000
1 1-bed sale in the last 12 months

Al Dhafrah 2

Building

107 apartments, 1-bed to 2-bed over 7 floors in The Greens. 4 sold in the last 12 months.

Typical price per sqft
AED 1,847
Typical sale
AED 2.29M
Typical rent
AED 81K /yr
Typical yield
5.4%
Al Dhafrah 2, The Greens: prices, sales and rents →

Other units on the 4th floor

All 107 units in Al Dhafrah 2
Value
4011-bedAED 410K · Jan 2013
4021-bedAED 420K · Apr 2008
4031-bedAED 1.18M · May 2024
4041-bedAED 1.2M · Dec 2013
4052-bedAED 699K · Sep 2007
4061-bedAED 1.08M · Mar 2017
4081-bedAED 1.63M · May 2025
1–7 of 18

407, Al Dhafrah 2 in numbers

  • Sold once: by the developer on 1 August 2010 for AED 1,030,000, or AED 1,392 per sqft.
  • Rented since December 2012 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 38,000 in 2021 and recovered to AED 72,000 by January 2024.
  • At AED 72,000 a year the gross yield on the 2010 price is 7.0%, before a service charge of about AED 11,900 a year (AED 16.03 per sqft).
  • One-beds in Al Dhafrah 2 sold for AED 1,650,000–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,847 per sqft.

Source: Dubai Land Department. Updated 24 January 2024.

Questions about 407, Al Dhafrah 2

What did unit 407 last sell for?

AED 1,030,000 on 1 August 2010, sold by the developer: AED 1,392 per sqft for 739 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 72,000 a year on the contract signed on 24 January 2024. The previous contract, from March 2023, was AED 50,600; the unit has been rented since December 2012.

How big is unit 407?

739 sqft (68.7 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 407 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 2 sold for AED 1,650,000 to 1,650,000 in the last 12 months, around AED 2,062 per sqft.

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Mortgage on 407, Al Dhafrah 2

Starts from the last sale price (AED 1.03M, 1 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,000
Deposit, UAE resident (20%)
AED 206,000
Deposit, non-resident (40%)
AED 412,000
Monthly over 25 years at 3.7%
AED 4,214

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