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3-bed · 2,492 sqftAl Ghaf 2, The Greens · Ground floor

G02, Al Ghaf 2

Sold prices and rental history: sold 3 times, last in June 2020, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 25 June 2020
Last soldAED 1.42M25 June 2020
Current rentAED 100K /yr1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G02, Al Ghaf 2

What is G02 worth today?

Last sold for AED 1,420,000 in 2020

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25 Jun 2020SoldReady
AED 1,420,000AED 569 per sqft
1 Mar 2020RentedNew contract
AED 100,000/yr12 months · AED 40 per sqft
17 Sep 2017RentedRenewal
AED 160,000/yr12 months · AED 99 per sqft
17 Sep 2016RentedRenewal
AED 180,000/yr12 months · AED 111 per sqft
17 Sep 2015RentedRenewal
AED 180,000/yr12 months · AED 111 per sqft
17 Sep 2014RentedNew contract
AED 180,000/yr12 months · AED 111 per sqft
1 Oct 2011RentedNew contract
AED 119,893/yr36 months · AED 74 per sqft
30 Jul 2008Sold by developerReady
AED 1,275,000AED 790 per sqft

Source: Dubai Land Department. Updated 25 June 2020.

Key facts

Type
3-bed apartment
Size
2,492 sqft
Floor
Ground of 6
Parking
B-28
Service charge
AED 41,500 /yr
Last sold
AED 1.42M · June 2020
Building
Al Ghaf 2

About G02, Al Ghaf 2

G02 is a three-bedroom apartment of 2,492 sqft on the ground floor of Al Ghaf 2, a 6-storey tower in The Greens. It last sold on 25 June 2020 for AED 1,420,000, or AED 569 per sqft.

It has been rented continuously since 2011 on 6 Ejari contracts. The current contract, signed on 1 March 2020, is AED 100,000 a year: a gross yield of 7.0% on the 2020 price, before the service charge of about AED 41,500 a year.

Sales and rents for G02 over time

Sales
Unit G02, 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, July 2008: AED 1,275,000 (AED 790 per sqft)Sold, July 2008: AED 660,800 (AED 409 per sqft)Sold, June 2020: AED 1,420,000 (AED 569 per sqft)

G02 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit G02, each contractTypical three-bed in Al Ghaf 2
100K150K20112015201920232027Typical 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, October 2011: AED 119,893 a yearNew contract, September 2014: AED 180,000 a yearRenewal, September 2015: AED 180,000 a yearRenewal, September 2016: AED 180,000 a yearRenewal, September 2017: AED 160,000 a yearNew contract, March 2020: AED 100,000 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 G02 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. G02's AED 100,000 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
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 ground floor

All 45 units in Al Ghaf 2
Value
G012-bedAED 272K · Mar 2012
G033-bedAED 27K · Jul 2013
G044-bedAED 1.8M · Feb 2020
G053-bedAED 2.7M · Apr 2026
G063-bedAED 1.64M · Feb 2023
G073-bedAED 1.74M · Sep 2020
G083-bedAED 2.25M · May 2018
1–7 of 8

G02, Al Ghaf 2 in numbers

  • Sold 3 times: first on 30 July 2008 for AED 660,800, last on 25 June 2020 for AED 1,420,000 (AED 569 per sqft).
  • Rented since October 2011 on 6 Ejari contracts, from AED 119,893 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 7.0%, before a service charge of about AED 41,500 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 25 June 2020.

Questions about G02, Al Ghaf 2

What did unit G02 last sell for?

AED 1,420,000 on 25 June 2020: AED 569 per sqft for 2,492 sqft. The unit has 3 registered sales; the first was AED 660,800 in July 2008.

What is the rent for unit G02?

AED 100,000 a year on the contract signed on 1 March 2020. The previous contract, from September 2017, was AED 160,000; the unit has been rented since October 2011.

How big is unit G02?

2,492 sqft (231.5 sqm): a three-bedroom apartment on the ground floor of a 6-storey tower.

What is unit G02 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 G02, Al Ghaf 2

Starts from the last sale price (AED 1.42M, 25 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,420,000
Deposit, UAE resident (20%)
AED 284,000
Deposit, non-resident (40%)
AED 568,000
Monthly over 25 years at 3.7%
AED 5,810

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