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3-bed · 2,079 sqftAl Ghaf 4, The Greens · 5th floor

507, Al Ghaf 4

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 8 November 2023
Last soldAED 909K15 March 2010
Current rentAED 147K /yr8 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Al Ghaf 4

What is 507 worth today?

Last sold for AED 908,800 in 2010

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8 Nov 2023RentedRenewal
AED 147,000/yr12 months · AED 71 per sqft
8 Nov 2022RentedRenewal
AED 135,000/yr12 months · AED 65 per sqft
8 Nov 2021RentedNew contract
AED 135,000/yr12 months · AED 65 per sqft
1 Dec 2020RentedRenewal
AED 103,800/yr12 months · AED 50 per sqft
1 Dec 2019RentedRenewal
AED 110,000/yr12 months · AED 53 per sqft
1 Dec 2018RentedNew contract
AED 110,000/yr12 months · AED 53 per sqft
12 Mar 2017RentedRenewal
AED 165,000/yr12 months · AED 79 per sqft
12 Mar 2016RentedRenewal
AED 165,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 8 November 2023.

Key facts

Type
3-bed apartment
Size
2,079 sqft
Floor
5th of 6
Parking
B-5,B-6
Service charge
AED 34,600 /yr
Last sold
AED 909K · March 2010
Building
Al Ghaf 4

About 507, Al Ghaf 4

507 is a three-bedroom apartment of 2,079 sqft on the 5th floor of Al Ghaf 4, a 6-storey tower in The Greens. The developer sold it on 15 March 2010 for AED 908,800, or AED 437 per sqft.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 8 November 2023, is AED 147,000 a year: a gross yield of 16.2% on the 2010 price, before the service charge of about AED 34,600 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, March 2010: AED 908,800 (AED 437 per sqft)

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

Rents
Unit 507, 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, February 2013: AED 140,000 a yearNew contract, March 2015: AED 165,000 a yearRenewal, March 2016: AED 165,000 a yearRenewal, March 2017: AED 165,000 a yearNew contract, December 2018: AED 110,000 a yearRenewal, December 2019: AED 110,000 a yearRenewal, December 2020: AED 103,800 a yearNew contract, November 2021: AED 135,000 a yearRenewal, November 2022: AED 135,000 a yearRenewal, November 2023: AED 147,000 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 507 sits

All 30 3-beds →

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. 507's AED 147,000 is in the lower half 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 5th floor

All 45 units in Al Ghaf 4
Value
5083-bedAED 1.79M · Aug 2007

507, Al Ghaf 4 in numbers

  • Sold once: by the developer on 15 March 2010 for AED 908,800, or AED 437 per sqft.
  • Rented since February 2013 on 10 Ejari contracts. The rent fell from AED 140,000 to AED 103,800 in 2020 and recovered to AED 147,000 by November 2023.
  • At AED 147,000 a year the gross yield on the 2010 price is 16.2%, 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 8 November 2023.

Questions about 507, Al Ghaf 4

What did unit 507 last sell for?

AED 908,800 on 15 March 2010, sold by the developer: AED 437 per sqft for 2,079 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 147,000 a year on the contract renewed on 8 November 2023. The previous contract, from November 2022, was AED 135,000; the unit has been rented since February 2013.

How big is unit 507?

2,079 sqft (193.1 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 507 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 507, Al Ghaf 4

Starts from the last sale price (AED 909K, 15 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 908,800
Deposit, UAE resident (20%)
AED 181,760
Deposit, non-resident (40%)
AED 363,520
Monthly over 25 years at 3.7%
AED 3,718

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