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

116, Al Ghozlan 1

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 5 April 2024
Last soldAED 650K11 September 2013
Current rentAED 70K /yr5 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 116, Al Ghozlan 1

What is 116 worth today?

Last sold for AED 650,000 in 2013

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5 Apr 2024RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft
30 Jul 2023RentedNew contract
AED 63,800/yr12 months · AED 85 per sqft
30 Jul 2022RentedNew contract
AED 58,000/yr12 months · AED 77 per sqft
9 Dec 2019RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
9 Jan 2018RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft
22 Dec 2016RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
11 Sep 2013Sold by developerReady
AED 650,000AED 860 per sqft

Source: Dubai Land Department. Updated 5 April 2024.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
1st of 7
Parking
342.
Service charge
AED 12,500 /yr
Last sold
AED 650K · September 2013
Building
Al Ghozlan 1

About 116, Al Ghozlan 1

116 is a one-bedroom apartment of 755 sqft on the 1st floor of Al Ghozlan 1, a 7-storey tower in The Greens. The developer sold it on 11 September 2013 for AED 650,000, or AED 860 per sqft, 22% below the AED 1,104 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 5 April 2024, is AED 70,000 a year: a gross yield of 10.8% on the 2013 price, before the service charge of about AED 12,500 a year.

Sales and rents for 116 over time

Sales
Unit 116, 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, September 2013: AED 650,000 (AED 860 per sqft)

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

Rents
Unit 116, each contractTypical one-bed in Al Ghozlan 1
40K60K80K2012201620202024Typical 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, December 2016: AED 75,000 a yearNew contract, January 2018: AED 70,000 a yearNew contract, December 2019: AED 50,000 a yearNew contract, July 2022: AED 58,000 a yearNew contract, July 2023: AED 63,800 a yearNew contract, April 2024: AED 70,000 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 116 sits

All 65 1-beds →

116 last sold in September 2013 at AED 860 per sqft, 22% below what one-beds in Al Ghozlan 1 were fetching at the time (AED 1,104). 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. 116's AED 70,000 is in the lower 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

116, Al Ghozlan 1 in numbers

  • Sold once: by the developer on 11 September 2013 for AED 650,000, or AED 860 per sqft.
  • Rented since December 2016 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2019 and recovered to AED 70,000 by April 2024.
  • At AED 70,000 a year the gross yield on the 2013 price is 10.8%, 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 5 April 2024.

Questions about 116, Al Ghozlan 1

What did unit 116 last sell for?

AED 650,000 on 11 September 2013, sold by the developer: AED 860 per sqft for 755 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 70,000 a year on the contract signed on 5 April 2024. The previous contract, from July 2023, was AED 63,800; the unit has been rented since December 2016.

How big is unit 116?

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

What is unit 116 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 116, Al Ghozlan 1

Starts from the last sale price (AED 650K, 11 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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