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1-bed · 768 sqftAl Dhafrah 3, The Greens · 7th floor

716, Al Dhafrah 3

Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 1.17M5 September 2024
Current rentAED 73K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 716, Al Dhafrah 3

What is 716 worth today?

Last sold for AED 1,170,000 in 2024

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5 Sep 2024SoldReady
AED 1,170,000AED 1,524 per sqft
1 Mar 2023RentedNew contract
AED 73,000/yr12 months · AED 96 per sqft
5 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 72 per sqft
15 Aug 2020RentedNew contract
AED 46,000/yr12 months · AED 60 per sqft
11 Aug 2019RentedNew contract
AED 55,000/yr12 months · AED 72 per sqft
19 Jan 2017SoldReady
AED 1,050,000AED 1,367 per sqft
15 Oct 2014SoldReady
AED 1,120,000AED 1,459 per sqft
5 Jul 2014RentedNew contract
AED 64,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
1-bed apartment
Size
768 sqft
Floor
7th of 7
Parking
247
Service charge
AED 12,300 /yr
Last sold
AED 1.17M · September 2024
Building
Al Dhafrah 3

About 716, Al Dhafrah 3

716 is a one-bedroom apartment of 768 sqft on the 7th floor of Al Dhafrah 3, a 7-storey tower in The Greens. It last sold on 5 September 2024 for AED 1,170,000, or AED 1,524 per sqft, 10% above the AED 1,386 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 March 2023, is AED 73,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 12,300 a year.

Sales and rents for 716 over time

Sales
Unit 716, each saleTypical one-bed in Al Dhafrah 3
01M20072012201720222027Typical sale price by year: 2007 AED 198,650; 2008 AED 446,900; 2009 AED 570,000; 2010 AED 500,000; 2011 AED 500,000; 2012 AED 641,500; 2013 AED 896,000; 2014 AED 1,150,000; 2015 AED 1,050,000; 2016 AED 987,500; 2017 AED 1,025,000; 2018 AED 960,000; 2019 AED 715,000; 2021 AED 670,000; 2022 AED 830,000; 2023 AED 925,000; 2024 AED 1,130,000; 2025 AED 1,365,000; 2026 AED 1,300,000Sold by developer, August 2009: AED 815,000 (AED 1,061 per sqft)Sold, October 2014: AED 1,120,000 (AED 1,459 per sqft)Sold, January 2017: AED 1,050,000 (AED 1,367 per sqft)Sold, September 2024: AED 1,170,000 (AED 1,524 per sqft)

716 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 716, each contractTypical one-bed in Al Dhafrah 3
40K60K80K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 70,000; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 78,541; 2018 AED 70,000; 2019 AED 62,000; 2020 AED 50,000; 2021 AED 46,000; 2022 AED 55,000; 2023 AED 64,050; 2024 AED 74,000; 2025 AED 80,000; 2026 AED 80,000New contract, July 2014: AED 64,000 a yearNew contract, August 2019: AED 55,000 a yearNew contract, August 2020: AED 46,000 a yearNew contract, April 2022: AED 55,000 a yearNew contract, March 2023: AED 73,000 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 3, and where 716 sits

All 65 1-beds →

716 last sold in September 2024 at AED 1,524 per sqft, 10% above what one-beds in Al Dhafrah 3 were fetching at the time (AED 1,386). Over the last 12 months one-beds sold for AED 1,100,000 to 1,520,000, around AED 1,660 per sqft, and rent for AED 62,618 to 125,000 a year. 716's AED 73,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 20261,194,928
24 Jun 20261,100,000
8 Jun 20261,520,000
6 Feb 20261,300,000
6 1-bed sales in the last 12 months

Al Dhafrah 3

Building

116 apartments, studios to 2-bed over 7 floors in The Greens. 13 sold in the last 12 months.

Typical price per sqft
AED 1,714 Up 5.1%
Typical sale
AED 1.52M
Typical rent
AED 80K /yr
Typical yield
6.2%
Al Dhafrah 3, The Greens: prices, sales and rents →

Other units on the 7th floor

All 116 units in Al Dhafrah 3
Value
7151-bedAED 770K · Feb 2013
7172-bedAED 2.1M · Jul 2026
7182-bedAED 1M · Feb 2020
7192-bedAED 1.03M · Apr 2009

716, Al Dhafrah 3 in numbers

  • Sold 4 times: first on 2 August 2009 for AED 815,000, last on 5 September 2024 for AED 1,170,000 (AED 1,524 per sqft).
  • Rented since July 2014 on 5 Ejari contracts. The rent fell from AED 64,000 to AED 46,000 in 2020 and recovered to AED 73,000 by March 2023.
  • At AED 73,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 12,300 a year (AED 16.03 per sqft).
  • One-beds in Al Dhafrah 3 sold for AED 1,100,000–1,520,000 in the 12 months to November 2026; the building's median across all types is AED 1,714 per sqft.

Source: Dubai Land Department. Updated 5 September 2024.

Questions about 716, Al Dhafrah 3

What did unit 716 last sell for?

AED 1,170,000 on 5 September 2024: AED 1,524 per sqft for 768 sqft. The unit has 4 registered sales; the first was AED 815,000 in August 2009.

What is the rent for unit 716?

AED 73,000 a year on the contract signed on 1 March 2023. The previous contract, from April 2022, was AED 55,000; the unit has been rented since July 2014.

How big is unit 716?

768 sqft (71.3 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower.

What is unit 716 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 3 sold for AED 1,100,000 to 1,520,000 in the last 12 months, around AED 1,660 per sqft.

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Mortgage on 716, Al Dhafrah 3

Starts from the last sale price (AED 1.17M, 5 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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