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3-bed · 2,076 sqftAl Ghaf 4, The Greens · 4th floor

407, Al Ghaf 4

Sold prices and rental history: sold twice, last in February 2019, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 19 February 2019
Last soldAED 1.7M19 February 2019
Current rentAED 125K /yr15 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Al Ghaf 4

What is 407 worth today?

Last sold for AED 1,700,000 in 2019

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19 Feb 2019SoldReady
AED 1,700,000AED 818 per sqft
15 Dec 2018RentedNew contract
AED 125,000/yr12 months · AED 60 per sqft
19 Apr 2018Sold by developerReady
AED 883,800AED 425 per sqft
1 Aug 2013RentedNew contract
AED 110,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 19 February 2019.

Key facts

Type
3-bed apartment
Size
2,076 sqft
Floor
4th of 6
Parking
B-9,B-10
Service charge
AED 34,600 /yr
Last sold
AED 1.7M · February 2019
Building
Al Ghaf 4

About 407, Al Ghaf 4

407 is a three-bedroom apartment of 2,076 sqft on the 4th floor of Al Ghaf 4, a 6-storey tower in The Greens. It last sold on 19 February 2019 for AED 1,700,000, or AED 818 per sqft, 86% above the AED 439 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 15 December 2018, is AED 125,000 a year: a gross yield of 7.3% on the 2019 price, before the service charge of about AED 34,600 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical three-bed in Al Ghaf 4
1M2M3M2007201220172022Typical sale price by year: 2007 AED 640,800; 2008 AED 1,766,325; 2010 AED 1,300,000; 2011 AED 686,300; 2013 AED 1,278,230; 2014 AED 2,650,000; 2019 AED 1,325,000; 2021 AED 1,390,000; 2023 AED 1,925,000; 2024 AED 2,375,000Sold by developer, April 2018: AED 883,800 (AED 425 per sqft)Sold, February 2019: AED 1,700,000 (AED 818 per sqft)

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

Rents
Unit 407, each contractTypical three-bed in Al Ghaf 4
100K150K2013201720212025Typical rent by year: 2013 AED 126,500; 2014 AED 140,000; 2015 AED 160,000; 2016 AED 155,000; 2017 AED 147,000; 2018 AED 130,000; 2019 AED 118,500; 2020 AED 114,000; 2021 AED 110,000; 2022 AED 123,000; 2023 AED 133,650; 2024 AED 155,000; 2025 AED 155,000; 2026 AED 185,000New contract, August 2013: AED 110,000 a yearNew contract, December 2018: AED 125,000 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 4, and where 407 sits

All 30 3-beds →

407 last sold in February 2019 at AED 818 per sqft, 86% above what three-beds in Al Ghaf 4 were fetching at the time (AED 439). Over the last 12 months three-beds sold for AED 3,400,000, around AED 1,646 per sqft, and rent for AED 145,000 to 250,000 a year. 407's AED 125,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Feb 20263,400,000
28 Aug 20253,575,000
16 Apr 20252,775,000
18 Dec 20242,320,000
1 3-bed sale in the last 12 months

Al Ghaf 4

Building

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

Typical price per sqft
AED 1,579
Typical sale
AED 2.77M
Typical rent
AED 162K /yr
Typical yield
5.9%
Al Ghaf 4, The Greens: prices, sales and rents →

Other units on the 4th floor

All 45 units in Al Ghaf 4
Value
4083-bedAED 2.35M · Nov 2023

407, Al Ghaf 4 in numbers

  • Sold twice: first on 19 April 2018 for AED 883,800, last on 19 February 2019 for AED 1,700,000 (AED 818 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, from AED 110,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2019 price is 7.3%, before a service charge of about AED 34,600 a year (AED 16.66 per sqft).
  • Three-beds in Al Ghaf 4 sold for AED 3,400,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,579 per sqft.

Source: Dubai Land Department. Updated 19 February 2019.

Questions about 407, Al Ghaf 4

What did unit 407 last sell for?

AED 1,700,000 on 19 February 2019: AED 818 per sqft for 2,076 sqft. The unit has 2 registered sales; the first was AED 883,800 in April 2018.

What is the rent for unit 407?

AED 125,000 a year on the contract signed on 15 December 2018. The previous contract, from August 2013, was AED 110,000.

How big is unit 407?

2,076 sqft (192.9 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower.

What is unit 407 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 4 sold for AED 3,400,000 to 3,400,000 in the last 12 months, around AED 1,646 per sqft.

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Mortgage on 407, Al Ghaf 4

Starts from the last sale price (AED 1.7M, 19 February 2019). 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 →