3-bed · 1,613 sqftAl Ghaf 2, The Greens · 3rd floor

306, Al Ghaf 2

Sold prices and rental history: sold 5 times, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 2.3M27 November 2024
Current rentAED 108K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Al Ghaf 2

What is 306 worth today?

Last sold for AED 2,300,000 in 2024

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27 Nov 2024SoldReady
AED 2,300,000AED 1,425 per sqft
1 May 2024RentedNew contract
AED 107,525/yr12 months · AED 67 per sqft
1 May 2022RentedRenewal
AED 97,750/yr12 months · AED 61 per sqft
1 May 2021RentedNew contract
AED 85,000/yr12 months · AED 53 per sqft
1 Feb 2020RentedNew contract
AED 90,000/yr12 months · AED 56 per sqft
1 Aug 2018RentedNew contract
AED 110,000/yr12 months · AED 68 per sqft
1 Apr 2013SoldReady
AED 1,750,000AED 1,084 per sqft
19 Sep 2012SoldReady
AED 1,600,000AED 991 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
3-bed apartment
Size
1,613 sqft
Floor
3rd of 6
Parking
B-19
Service charge
AED 26,900 /yr
Last sold
AED 2.3M · November 2024
Building
Al Ghaf 2

About 306, Al Ghaf 2

306 is a three-bedroom apartment of 1,613 sqft on the 3rd floor of Al Ghaf 2, a 6-storey tower in The Greens. It last sold on 27 November 2024 for AED 2,300,000, or AED 1,425 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 May 2024, is AED 107,525 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 26,900 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical three-bed in Al Ghaf 2
1M2M2008201320182023Typical sale price by year: 2008 AED 780,094; 2009 AED 1,250,000; 2010 AED 886,500; 2011 AED 1,100,000; 2012 AED 1,525,000; 2013 AED 1,750,000; 2020 AED 1,420,000; 2021 AED 1,206,870; 2024 AED 2,300,000Sold by developer, December 2009: AED 645,800 (AED 400 per sqft)Sold, July 2012: AED 1,450,000 (AED 898 per sqft)Sold, September 2012: AED 1,600,000 (AED 991 per sqft)Sold, April 2013: AED 1,750,000 (AED 1,084 per sqft)Sold, November 2024: AED 2,300,000 (AED 1,425 per sqft)

306 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 306, each contractTypical three-bed in Al Ghaf 2
100K150K2013201720212025Typical rent by year: 2013 AED 143,500; 2014 AED 156,250; 2015 AED 165,000; 2016 AED 162,500; 2017 AED 146,554; 2018 AED 132,500; 2019 AED 115,000; 2020 AED 102,500; 2021 AED 94,500; 2022 AED 117,750; 2023 AED 127,500; 2024 AED 139,625; 2025 AED 162,500; 2026 AED 173,285New contract, August 2018: AED 110,000 a yearNew contract, February 2020: AED 90,000 a yearNew contract, May 2021: AED 85,000 a yearRenewal, May 2022: AED 97,750 a yearNew contract, May 2024: AED 107,525 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Ghaf 2, and where 306 sits

All 30 3-beds →

Over the last 12 months three-beds sold for AED 2,700,000 to 3,300,000, around AED 1,669 per sqft, and rent for AED 135,880 to 205,000 a year. 306's AED 107,525 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Oct 20263,300,000
3 Apr 20262,700,000
6 Dec 20242,450,000
18 Sep 20242,050,000
2 3-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 3rd floor

All 45 units in Al Ghaf 2
Value
3012-bedAED 333K · Jan 2023
3023-bedAED 676K · Oct 2013
3033-bedAED 2.45M · Dec 2024
3044-bedAED 3.45M · May 2024
3053-bedAED 646K · Apr 2008
3073-bedAED 1.5M · Jan 2011
3083-bedAED 2.3M · May 2008
1–7 of 9

306, Al Ghaf 2 in numbers

  • Sold 5 times: first on 30 December 2009 for AED 645,800, last on 27 November 2024 for AED 2,300,000 (AED 1,425 per sqft).
  • Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 110,000 to AED 85,000 in 2021 and recovered to AED 107,525 by May 2024.
  • At AED 107,525 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 26,900 a year (AED 16.66 per sqft).
  • Three-beds in Al Ghaf 2 sold for AED 2,700,000–3,300,000 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 27 November 2024.

Questions about 306, Al Ghaf 2

What did unit 306 last sell for?

AED 2,300,000 on 27 November 2024: AED 1,425 per sqft for 1,613 sqft. The unit has 5 registered sales; the first was AED 645,800 in December 2009.

What is the rent for unit 306?

AED 107,525 a year on the contract signed on 1 May 2024. The previous contract, from May 2022, was AED 97,750; the unit has been rented since August 2018.

How big is unit 306?

1,613 sqft (149.9 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Ghaf 2 sold for AED 2,700,000 to 3,300,000 in the last 12 months, around AED 1,669 per sqft.

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Mortgage on 306, Al Ghaf 2

Starts from the last sale price (AED 2.3M, 27 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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