1-bed · 752 sqftAl Dhafrah 2, The Greens · 5th floor

515, Al Dhafrah 2

Sold prices and rental history: sold 3 times, last in May 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 24 May 2022
Last soldAED 750K24 May 2022
Current rentAED 45K /yr20 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Al Dhafrah 2

What is 515 worth today?

Last sold for AED 750,000 in 2022

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24 May 2022SoldReady
AED 750,000AED 997 per sqft
20 Sep 2021RentedRenewal
AED 45,000/yr12 months · AED 60 per sqft
20 Sep 2020RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
17 Sep 2019RentedRenewal
AED 68,000/yr12 months · AED 90 per sqft
17 Sep 2018RentedNew contract
AED 68,000/yr12 months · AED 90 per sqft
1 Oct 2017RentedNew contract
AED 78,000/yr12 months · AED 104 per sqft
14 May 2017RentedNew contract
AED 78,000/yr12 months · AED 104 per sqft
12 Oct 2016RentedRenewal
AED 76,874/yr6 months · AED 102 per sqft

Source: Dubai Land Department. Updated 24 May 2022.

Key facts

Type
1-bed apartment
Size
752 sqft
Floor
5th of 7
Parking
451
Service charge
AED 12,100 /yr
Last sold
AED 750K · May 2022
Building
Al Dhafrah 2

About 515, Al Dhafrah 2

515 is a one-bedroom apartment of 752 sqft on the 5th floor of Al Dhafrah 2, a 7-storey tower in The Greens. It last sold on 24 May 2022 for AED 750,000, or AED 997 per sqft.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 September 2021, is AED 45,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 12,100 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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, October 2007: AED 404,800 (AED 538 per sqft)Sold, November 2008: AED 715,000 (AED 951 per sqft)Sold, May 2022: AED 750,000 (AED 997 per sqft)

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

Rents
Unit 515, each contractTypical one-bed in Al Dhafrah 2
40K60K80K2012201620202024Typical 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, October 2013: AED 75,000 a yearNew contract, October 2014: AED 76,875 a yearRenewal, October 2015: AED 76,875 a yearRenewal, October 2016: AED 76,874 a yearNew contract, May 2017: AED 78,000 a yearNew contract, October 2017: AED 78,000 a yearNew contract, September 2018: AED 68,000 a yearRenewal, September 2019: AED 68,000 a yearNew contract, September 2020: AED 50,000 a yearRenewal, September 2021: AED 45,000 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 515 sits

All 74 1-beds →

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. 515's AED 45,000 is at the bottom 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 5th floor

All 107 units in Al Dhafrah 2
Value
5161-bedAED 860K · Dec 2018
5172-bedAED 544K · Jul 2010
5182-bedAED 1.65M · Nov 2023
5192-bedAED 1.88M · Oct 2014

515, Al Dhafrah 2 in numbers

  • Sold 3 times: first on 3 October 2007 for AED 404,800, last on 24 May 2022 for AED 750,000 (AED 997 per sqft).
  • Rented since October 2013 on 10 Ejari contracts, from AED 75,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 12,100 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 May 2022.

Questions about 515, Al Dhafrah 2

What did unit 515 last sell for?

AED 750,000 on 24 May 2022: AED 997 per sqft for 752 sqft. The unit has 3 registered sales; the first was AED 404,800 in October 2007.

What is the rent for unit 515?

AED 45,000 a year on the contract renewed on 20 September 2021. The previous contract, from September 2020, was AED 50,000; the unit has been rented since October 2013.

How big is unit 515?

752 sqft (69.9 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower.

What is unit 515 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 515, Al Dhafrah 2

Starts from the last sale price (AED 750K, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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