3-bed · 2,062 sqftAl Ghaf 2, The Greens · 6th floor

607, Al Ghaf 2

Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 4 May 2021
Last soldAED 1.7M4 May 2021
Current rentAED 170K /yr25 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Al Ghaf 2

What is 607 worth today?

Last sold for AED 1,700,000 in 2021

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4 May 2021SoldReady
AED 1,700,000AED 824 per sqft
25 Jun 2017RentedRenewal
AED 170,000/yr12 months · AED 82 per sqft
25 Jun 2016RentedRenewal
AED 170,000/yr12 months · AED 82 per sqft
25 Jun 2015RentedNew contract
AED 170,000/yr12 months · AED 82 per sqft
1 Jan 2013RentedNew contract
AED 145,000/yr12 months · AED 70 per sqft
17 Dec 2008Sold by developerReady
AED 466,900AED 226 per sqft

Source: Dubai Land Department. Updated 4 May 2021.

Key facts

Type
3-bed apartment
Size
2,062 sqft
Floor
6th of 6
Parking
B-3,B-4
Service charge
AED 34,300 /yr
Last sold
AED 1.7M · May 2021
Building
Al Ghaf 2

About 607, Al Ghaf 2

607 is a three-bedroom apartment of 2,062 sqft on the 6th floor of Al Ghaf 2, a 6-storey tower in The Greens. It last sold on 4 May 2021 for AED 1,700,000, or AED 824 per sqft, 38% above the AED 599 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 25 June 2017, is AED 170,000 a year: a gross yield of 10.0% on the 2021 price, before the service charge of about AED 34,300 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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 2008: AED 466,900 (AED 226 per sqft)Sold, May 2021: AED 1,700,000 (AED 824 per sqft)

607 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 607, 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, January 2013: AED 145,000 a yearNew contract, June 2015: AED 170,000 a yearRenewal, June 2016: AED 170,000 a yearRenewal, June 2017: AED 170,000 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 607 sits

All 30 3-beds →

607 last sold in May 2021 at AED 824 per sqft, 38% above what three-beds in Al Ghaf 2 were fetching at the time (AED 599). 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. 607's AED 170,000 is in the lower half 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
27 Nov 20242,300,000
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 6th floor

All 45 units in Al Ghaf 2
Value
6083-bedAED 1.73M · Jun 2012

607, Al Ghaf 2 in numbers

  • Sold twice: first on 17 December 2008 for AED 466,900, last on 4 May 2021 for AED 1,700,000 (AED 824 per sqft).
  • Rented since January 2013 on 4 Ejari contracts, from AED 145,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2021 price is 10.0%, before a service charge of about AED 34,300 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 4 May 2021.

Questions about 607, Al Ghaf 2

What did unit 607 last sell for?

AED 1,700,000 on 4 May 2021: AED 824 per sqft for 2,062 sqft. The unit has 2 registered sales; the first was AED 466,900 in December 2008.

What is the rent for unit 607?

AED 170,000 a year on the contract renewed on 25 June 2017. The previous contract, from June 2016, was AED 170,000; the unit has been rented since January 2013.

How big is unit 607?

2,062 sqft (191.6 sqm): a three-bedroom apartment on the 6th floor of a 6-storey tower.

What is unit 607 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 607, Al Ghaf 2

Starts from the last sale price (AED 1.7M, 4 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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