2-bed · 1,567 sqftAl Ghaf 2, The Greens · 2nd floor

201, Al Ghaf 2

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 1.98M1 May 2024
Current rentAED 125K /yr20 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Al Ghaf 2

What is 201 worth today?

Last sold for AED 1,980,000 in 2024

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1 May 2024SoldReady
AED 1,980,000AED 1,263 per sqft
20 Jul 2023RentedRenewal
AED 125,000/yr12 months · AED 80 per sqft
20 Jul 2022RentedRenewal
AED 99,000/yr12 months · AED 63 per sqft
20 Jul 2021RentedNew contract
AED 90,000/yr12 months · AED 57 per sqft
5 Aug 2020RentedRenewal
AED 82,822/yr11 months · AED 53 per sqft
5 Aug 2019RentedRenewal · flagged as an outlier
AED 10,400/yr12 months · AED 7 per sqft
5 Dec 2018RentedRenewal
AED 115,001/yr8 months · AED 73 per sqft
5 Dec 2017RentedNew contract
AED 123,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
1,567 sqft
Floor
2nd of 6
Parking
B-26
Service charge
AED 26,100 /yr
Last sold
AED 1.98M · May 2024
Building
Al Ghaf 2

About 201, Al Ghaf 2

201 is a two-bedroom apartment of 1,567 sqft on the 2nd floor of Al Ghaf 2, a 6-storey tower in The Greens. It last sold on 1 May 2024 for AED 1,980,000, or AED 1,263 per sqft.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 20 July 2023, is AED 125,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 26,100 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in Al Ghaf 2
1M2M2008201320182023Typical sale price by year: 2008 AED 868,300; 2012 AED 962,000; 2026 AED 2,300,000Sold by developer, May 2010: AED 1,200,000 (AED 765 per sqft)Sold, August 2011: AED 1,100,000 (AED 702 per sqft)Sold, September 2013: AED 1,860,000 (AED 1,187 per sqft)Sold, May 2024: AED 1,980,000 (AED 1,263 per sqft)

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

Rents
Unit 201, each contractTypical two-bed in Al Ghaf 2
75K100K125K2013201720212025Typical rent by year: 2013 AED 107,210; 2014 AED 110,125; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 115,001; 2019 AED 100,000; 2020 AED 94,000; 2021 AED 90,000; 2022 AED 99,000; 2023 AED 107,100; 2024 AED 112,845; 2025 AED 127,500; 2026 AED 125,000New contract, October 2013: AED 130,000 a yearRenewal, October 2014: AED 130,000 a yearRenewal, October 2015: AED 130,000 a yearRenewal, October 2016: AED 130,000 a yearNew contract, December 2017: AED 123,000 a yearRenewal, December 2018: AED 115,001 a yearRenewal, August 2020: AED 82,822 a yearNew contract, July 2021: AED 90,000 a yearRenewal, July 2022: AED 99,000 a yearRenewal, July 2023: AED 125,000 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 Ghaf 2, and where 201 sits

All 11 2-beds →

Over the last 12 months two-beds sold for AED 1,950,000 to 2,500,000, around AED 1,464 per sqft, and rent for AED 112,000 to 150,000 a year. 201's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Jun 20262,500,000
25 Mar 20261,950,000
28 Jan 20262,300,000
7 Aug 20252,350,000
3 2-bed sales in the last 12 months

Al Ghaf 2

Building

45 apartments, 2-bed to 4-bed over 6 floors in The Greens. 5 sold in the last 12 months.

Typical price per sqft
AED 1,591
Typical sale
AED 2.5M
Typical rent
AED 163K /yr
Typical yield
5.8%
Al Ghaf 2, The Greens: prices, sales and rents →

Other units on the 2nd floor

All 45 units in Al Ghaf 2
Value
2023-bedAED 2.02M · Jul 2013
2033-bedAED 690K · Jul 2010
2044-bedAED 1.69M · Dec 2020
2053-bedAED 935K · May 2008
2063-bedAED 641K · May 2008
2073-bedAED 3.3M · Oct 2026
2083-bedAED 1.2M · Oct 2009
1–7 of 9

201, Al Ghaf 2 in numbers

  • Sold 4 times: first on 30 May 2010 for AED 1,200,000, last on 1 May 2024 for AED 1,980,000 (AED 1,263 per sqft).
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 130,000 to AED 10,400 in 2019 and recovered to AED 125,000 by July 2023.
  • At AED 125,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 26,100 a year (AED 16.66 per sqft).
  • Two-beds in Al Ghaf 2 sold for AED 1,950,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,591 per sqft.

Source: Dubai Land Department. Updated 1 May 2024.

Questions about 201, Al Ghaf 2

What did unit 201 last sell for?

AED 1,980,000 on 1 May 2024: AED 1,263 per sqft for 1,567 sqft. The unit has 4 registered sales; the first was AED 1,200,000 in May 2010.

What is the rent for unit 201?

AED 125,000 a year on the contract renewed on 20 July 2023. The previous contract, from July 2022, was AED 99,000; the unit has been rented since October 2013.

How big is unit 201?

1,567 sqft (145.6 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Ghaf 2 sold for AED 1,950,000 to 2,500,000 in the last 12 months, around AED 1,464 per sqft.

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Mortgage on 201, Al Ghaf 2

Starts from the last sale price (AED 1.98M, 1 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,980,000
Deposit, UAE resident (20%)
AED 396,000
Deposit, non-resident (40%)
AED 792,000
Monthly over 25 years at 3.7%
AED 8,101

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