2-bed · 1,135 sqftAl Dhafrah 4, The Greens · 6th floor

617, Al Dhafrah 4

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 5 March 2023
Last soldAED 549K9 June 2009
Current rentAED 90K /yr5 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Al Dhafrah 4

What is 617 worth today?

Last sold for AED 548,800 in 2009

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5 Mar 2023RentedNew contract
AED 90,000/yr12 months · AED 80 per sqft
7 Apr 2022RentedNew contract
AED 80,500/yr12 months · AED 71 per sqft
7 Apr 2021RentedNew contract
AED 70,000/yr12 months · AED 62 per sqft
1 Feb 2020RentedRenewal
AED 80,000/yr12 months · AED 71 per sqft
1 Feb 2019RentedRenewal
AED 100,000/yr12 months · AED 88 per sqft
1 Feb 2016RentedRenewal
AED 120,000/yr12 months · AED 106 per sqft
1 Feb 2015RentedNew contract
AED 120,000/yr12 months · AED 106 per sqft
17 Oct 2013RentedNew contract
AED 95,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 5 March 2023.

Key facts

Type
2-bed apartment
Size
1,135 sqft
Floor
6th of 7
Parking
236
Service charge
AED 18,200 /yr
Last sold
AED 549K · June 2009
Building
Al Dhafrah 4

About 617, Al Dhafrah 4

617 is a two-bedroom apartment of 1,135 sqft on the 6th floor of Al Dhafrah 4, a 7-storey tower in The Greens. The developer sold it on 9 June 2009 for AED 548,800, or AED 483 per sqft, 23% below the AED 627 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 5 March 2023, is AED 90,000 a year: a gross yield of 16.4% on the 2009 price, before the service charge of about AED 18,200 a year.

Sales and rents for 617 over time

Sales
Unit 617, each saleTypical two-bed in Al Dhafrah 4
1M2M2008201320182023Typical sale price by year: 2008 AED 1,542,250; 2009 AED 623,300; 2010 AED 640,800; 2011 AED 675,000; 2013 AED 1,060,000; 2014 AED 1,910,000; 2016 AED 1,410,000; 2018 AED 1,550,000; 2023 AED 1,700,000; 2025 AED 2,125,000; 2026 AED 1,900,000Sold by developer, June 2009: AED 548,800 (AED 483 per sqft)

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

Rents
Unit 617, each contractTypical two-bed in Al Dhafrah 4
100K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 100,000; 2014 AED 127,500; 2015 AED 127,500; 2016 AED 127,500; 2017 AED 125,500; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 79,000; 2021 AED 75,000; 2022 AED 90,625; 2023 AED 105,000; 2024 AED 119,700; 2025 AED 130,000; 2026 AED 124,000New contract, October 2012: AED 85,000 a yearNew contract, October 2013: AED 95,000 a yearNew contract, February 2015: AED 120,000 a yearRenewal, February 2016: AED 120,000 a yearRenewal, February 2019: AED 100,000 a yearRenewal, February 2020: AED 80,000 a yearNew contract, April 2021: AED 70,000 a yearNew contract, April 2022: AED 80,500 a yearNew contract, March 2023: AED 90,000 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 4, and where 617 sits

All 32 2-beds →

617 last sold in June 2009 at AED 483 per sqft, 23% below what two-beds in Al Dhafrah 4 were fetching at the time (AED 627). Over the last 12 months two-beds sold for AED 1,780,000 to 2,150,000, around AED 1,637 per sqft, and rent for AED 100,000 to 142,000 a year. 617's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20262,150,000
21 Feb 20261,780,000
7 Jan 20261,900,000
28 Oct 20252,500,000
3 2-bed sales in the last 12 months

Al Dhafrah 4

Building

114 apartments, studios to 2-bed over 7 floors in The Greens. 9 sold in the last 12 months.

Typical price per sqft
AED 1,655
Typical sale
AED 1.52M
Typical rent
AED 81K /yr
Typical yield
6.3%
Al Dhafrah 4, The Greens: prices, sales and rents →

Other units on the 6th floor

All 114 units in Al Dhafrah 4
Value
6151-bedAED 900K · Sep 2010
6161-bedAED 680K · Dec 2019
6182-bedAED 1.6M · Sep 2017
6192-bedAED 1.25M · Nov 2021

617, Al Dhafrah 4 in numbers

  • Sold once: by the developer on 9 June 2009 for AED 548,800, or AED 483 per sqft.
  • Rented since October 2012 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 70,000 in 2021 and recovered to AED 90,000 by March 2023.
  • At AED 90,000 a year the gross yield on the 2009 price is 16.4%, before a service charge of about AED 18,200 a year (AED 16.03 per sqft).
  • Two-beds in Al Dhafrah 4 sold for AED 1,780,000–2,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,655 per sqft.

Source: Dubai Land Department. Updated 5 March 2023.

Questions about 617, Al Dhafrah 4

What did unit 617 last sell for?

AED 548,800 on 9 June 2009, sold by the developer: AED 483 per sqft for 1,135 sqft. It is the only registered sale of the unit.

What is the rent for unit 617?

AED 90,000 a year on the contract signed on 5 March 2023. The previous contract, from April 2022, was AED 80,500; the unit has been rented since October 2012.

How big is unit 617?

1,135 sqft (105.4 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower.

What is unit 617 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 4 sold for AED 1,780,000 to 2,150,000 in the last 12 months, around AED 1,637 per sqft.

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Mortgage on 617, Al Dhafrah 4

Starts from the last sale price (AED 549K, 9 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 548,800
Deposit, UAE resident (20%)
AED 109,760
Deposit, non-resident (40%)
AED 219,520
Monthly over 25 years at 3.7%
AED 2,245

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