2-bed · 1,305 sqftAl Dhafrah 2, The Greens · 5th floor

518, Al Dhafrah 2

Sold prices and rental history: sold 6 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 1.65M1 November 2023
Current rentAED 83K /yr11 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 518, Al Dhafrah 2

What is 518 worth today?

Last sold for AED 1,650,000 in 2023

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1 Nov 2023SoldReady
AED 1,650,000AED 1,264 per sqft
11 Jun 2022RentedRenewal
AED 82,500/yr12 months · AED 63 per sqft
11 Jun 2021RentedNew contract
AED 77,000/yr12 months · AED 59 per sqft
9 Apr 2021RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
1 Mar 2020RentedNew contract
AED 92,000/yr13 months · AED 71 per sqft
10 Jan 2019RentedRenewal
AED 115,000/yr12 months · AED 88 per sqft
10 Jan 2018RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
7 Sep 2016RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
5th of 7
Parking
454
Service charge
AED 20,900 /yr
Last sold
AED 1.65M · November 2023
Building
Al Dhafrah 2

About 518, Al Dhafrah 2

518 is a two-bedroom apartment of 1,305 sqft on the 5th floor of Al Dhafrah 2, a 7-storey tower in The Greens. It last sold on 1 November 2023 for AED 1,650,000, or AED 1,264 per sqft, 12% above the AED 1,124 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 11 June 2022, is AED 82,500 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 20,900 a year.

Sales and rents for 518 over time

Sales
Unit 518, each saleTypical two-bed in Al Dhafrah 2
1M2M20072012201720222027Typical sale price by year: 2007 AED 630,800; 2008 AED 1,000,000; 2010 AED 688,800; 2011 AED 880,000; 2012 AED 1,200,000; 2013 AED 1,486,000; 2014 AED 1,757,500; 2015 AED 1,720,000; 2017 AED 1,600,000; 2023 AED 1,250,000; 2024 AED 1,845,000; 2025 AED 1,869,000; 2026 AED 2,300,000Sold by developer, January 2010: AED 1,300,000 (AED 996 per sqft)Sold, January 2010: AED 610,800 (AED 468 per sqft)Sold, September 2013: AED 858,500 (AED 658 per sqft)Sold, June 2014: AED 1,980,000 (AED 1,517 per sqft)Sold, March 2015: AED 1,850,000 (AED 1,417 per sqft)Sold, November 2023: AED 1,650,000 (AED 1,264 per sqft)

518 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 518, each contractTypical two-bed in Al Dhafrah 2
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 99,000; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 129,583; 2017 AED 120,000; 2018 AED 108,000; 2019 AED 97,500; 2020 AED 76,500; 2021 AED 74,950; 2022 AED 83,750; 2023 AED 100,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,000New contract, September 2014: AED 150,000 a yearNew contract, September 2016: AED 140,000 a yearNew contract, January 2018: AED 115,000 a yearRenewal, January 2019: AED 115,000 a yearNew contract, March 2020: AED 92,000 a yearNew contract, April 2021: AED 80,000 a yearNew contract, June 2021: AED 77,000 a yearRenewal, June 2022: AED 82,500 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 2, and where 518 sits

All 33 2-beds →

518 last sold in November 2023 at AED 1,264 per sqft, 12% above what two-beds in Al Dhafrah 2 were fetching at the time (AED 1,124). Over the last 12 months two-beds sold for AED 2,275,000 to 3,000,000, around AED 1,727 per sqft, and rent for AED 111,804 to 170,000 a year. 518's AED 82,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Sep 20263,000,000
14 Sep 20262,300,000
14 Apr 20262,275,000
23 Jun 20252,375,000
3 2-bed sales 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
5151-bedAED 750K · May 2022
5161-bedAED 860K · Dec 2018
5172-bedAED 544K · Jul 2010
5192-bedAED 1.88M · Oct 2014

518, Al Dhafrah 2 in numbers

  • Sold 6 times: first on 10 January 2010 for AED 610,800, last on 1 November 2023 for AED 1,650,000 (AED 1,264 per sqft).
  • Rented since September 2014 on 8 Ejari contracts, from AED 150,000 to AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 20,900 a year (AED 16.03 per sqft).
  • Two-beds in Al Dhafrah 2 sold for AED 2,275,000–3,000,000 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 1 November 2023.

Questions about 518, Al Dhafrah 2

What did unit 518 last sell for?

AED 1,650,000 on 1 November 2023: AED 1,264 per sqft for 1,305 sqft. The unit has 6 registered sales; the first was AED 610,800 in January 2010.

What is the rent for unit 518?

AED 82,500 a year on the contract renewed on 11 June 2022. The previous contract, from June 2021, was AED 77,000; the unit has been rented since September 2014.

How big is unit 518?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower.

What is unit 518 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 2 sold for AED 2,275,000 to 3,000,000 in the last 12 months, around AED 1,727 per sqft.

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Mortgage on 518, Al Dhafrah 2

Starts from the last sale price (AED 1.65M, 1 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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