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1-bed · 755 sqftAl Ghozlan 1, The Greens · 1st floor

115, Al Ghozlan 1

Sold prices and rental history: sold 3 times, last in September 2016, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 2 May 2023
Last soldAED 500K20 September 2016
Current rentAED 120K /yr2 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 115, Al Ghozlan 1

What is 115 worth today?

Last sold for AED 500,000 in 2016

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2 May 2023RentedNew contract
AED 120,000/yr12 months · AED 159 per sqft
20 Sep 2016SoldReady
AED 500,000AED 662 per sqft
4 Aug 2009Sold by developerReady
AED 582,888AED 772 per sqft
4 Aug 2009SoldReady
AED 709,243AED 939 per sqft

Source: Dubai Land Department. Updated 2 May 2023.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
1st of 7
Parking
341.
Service charge
AED 12,500 /yr
Last sold
AED 500K · September 2016
Building
Al Ghozlan 1

About 115, Al Ghozlan 1

115 is a one-bedroom apartment of 755 sqft on the 1st floor of Al Ghozlan 1, a 7-storey tower in The Greens. It last sold on 20 September 2016 for AED 500,000, or AED 662 per sqft, 51% below the AED 1,358 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 May 2023. The current contract, signed on 2 May 2023, is AED 120,000 a year: a gross yield of 24.0% on the 2016 price, before the service charge of about AED 12,500 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical one-bed in Al Ghozlan 1
500K1M20072012201720222027Typical sale price by year: 2007 AED 300,694; 2008 AED 725,000; 2009 AED 656,500; 2010 AED 671,944; 2011 AED 560,000; 2012 AED 702,500; 2013 AED 935,000; 2014 AED 1,180,000; 2015 AED 1,125,000; 2016 AED 1,037,500; 2017 AED 1,070,000; 2018 AED 800,000; 2023 AED 955,000; 2024 AED 1,112,500; 2025 AED 1,240,000; 2026 AED 1,285,000Sold by developer, August 2009: AED 582,888 (AED 772 per sqft)Sold, August 2009: AED 709,243 (AED 939 per sqft)Sold, September 2016: AED 500,000 (AED 662 per sqft)

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

Rents
Unit 115, each contractTypical one-bed in Al Ghozlan 1
50K100K2012201620202024Typical rent by year: 2012 AED 62,500; 2013 AED 70,000; 2014 AED 84,500; 2015 AED 84,000; 2016 AED 82,500; 2017 AED 80,000; 2018 AED 72,000; 2019 AED 65,000; 2020 AED 52,000; 2021 AED 46,000; 2022 AED 55,100; 2023 AED 65,100; 2024 AED 78,000; 2025 AED 83,500; 2026 AED 90,000New contract, May 2023: AED 120,000 a year

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

1-beds in Al Ghozlan 1, and where 115 sits

All 65 1-beds →

115 last sold in September 2016 at AED 662 per sqft, 51% below what one-beds in Al Ghozlan 1 were fetching at the time (AED 1,358). Over the last 12 months one-beds sold for AED 1,035,330 to 1,522,000, around AED 1,740 per sqft, and rent for AED 46,665 to 130,000 a year. 115's AED 120,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Oct 20261,035,330
6 Oct 20261,250,000
1 Apr 20261,320,000
20 Feb 20261,350,000
5 1-bed sales in the last 12 months

Al Ghozlan 1

Building

118 apartments, studios to 2-bed over 7 floors in The Greens. 10 sold in the last 12 months.

Typical price per sqft
AED 1,748 Up 9.8%
Typical sale
AED 1.34M
Typical rent
AED 90K /yr
Typical yield
6.4%
Al Ghozlan 1, The Greens: prices, sales and rents →

Other units on the 1st floor

All 118 units in Al Ghozlan 1
Value
1011-bedAED 1.25M · Oct 2026
1021-bedAED 305K · Jun 2008
1031-bedAED 626K · Dec 2010
1041-bedAED 1.52M · Nov 2025
1052-bedAED 1.9M · Jan 2014
1061-bedAED 613K · Dec 2009
1071-bedAED 590K · Sep 2020
1–7 of 20

115, Al Ghozlan 1 in numbers

  • Sold 3 times: first on 4 August 2009 for AED 709,243, last on 20 September 2016 for AED 500,000 (AED 662 per sqft).
  • Rented since May 2023 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2016 price is 24.0%, before a service charge of about AED 12,500 a year (AED 16.62 per sqft).
  • One-beds in Al Ghozlan 1 sold for AED 1,035,330–1,522,000 in the 12 months to November 2026; the building's median across all types is AED 1,748 per sqft.

Source: Dubai Land Department. Updated 2 May 2023.

Questions about 115, Al Ghozlan 1

What did unit 115 last sell for?

AED 500,000 on 20 September 2016: AED 662 per sqft for 755 sqft. The unit has 3 registered sales; the first was AED 709,243 in August 2009.

What is the rent for unit 115?

AED 120,000 a year on the contract signed on 2 May 2023.

How big is unit 115?

755 sqft (70.1 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Ghozlan 1 sold for AED 1,035,330 to 1,522,000 in the last 12 months, around AED 1,740 per sqft.

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Mortgage on 115, Al Ghozlan 1

Starts from the last sale price (AED 500K, 20 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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