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2-bed · 1,313 sqftAl Ghozlan 1, The Greens · 1st floor

119, Al Ghozlan 1

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 119 · DLD and Ejari recordsUpdated 5 July 2017
Last soldAED 1.63M5 July 2017
Current rentAED 135K /yr29 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 119, Al Ghozlan 1

What is 119 worth today?

Last sold for AED 1,625,000 in 2017

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5 Jul 2017SoldReady
AED 1,625,000AED 1,237 per sqft
29 Feb 2016RentedRenewal
AED 135,000/yr12 months · AED 103 per sqft
1 Mar 2015RentedNew contract
AED 135,000/yr12 months · AED 103 per sqft
1 Mar 2014RentedNew contract
AED 135,000/yr12 months · AED 103 per sqft
20 Feb 2013RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
12 Sep 2007Sold by developerReady
AED 885,888AED 674 per sqft

Source: Dubai Land Department. Updated 5 July 2017.

Key facts

Type
2-bed apartment
Size
1,313 sqft
Floor
1st of 7
Parking
383.
Service charge
AED 21,800 /yr
Last sold
AED 1.63M · July 2017
Building
Al Ghozlan 1

About 119, Al Ghozlan 1

119 is a two-bedroom apartment of 1,313 sqft on the 1st floor of Al Ghozlan 1, a 7-storey tower in The Greens. It last sold on 5 July 2017 for AED 1,625,000, or AED 1,237 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 29 February 2016, is AED 135,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 21,800 a year.

Sales and rents for 119 over time

Sales
Unit 119, each saleTypical two-bed in Al Ghozlan 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 495,444; 2008 AED 1,087,500; 2009 AED 958,944; 2010 AED 1,147,058; 2011 AED 912,500; 2012 AED 1,235,000; 2013 AED 1,557,500; 2014 AED 1,815,000; 2022 AED 1,090,000; 2023 AED 1,265,000; 2025 AED 2,175,000; 2026 AED 2,050,000Sold by developer, September 2007: AED 885,888 (AED 674 per sqft)Sold, July 2017: AED 1,625,000 (AED 1,237 per sqft)

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

Rents
Unit 119, each contractTypical two-bed in Al Ghozlan 1
100K2012201620202024Typical rent by year: 2012 AED 87,500; 2013 AED 105,000; 2014 AED 125,000; 2015 AED 125,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 105,000; 2019 AED 92,752; 2020 AED 75,000; 2021 AED 72,000; 2022 AED 93,000; 2023 AED 103,500; 2024 AED 119,375; 2025 AED 130,000; 2026 AED 125,000New contract, February 2013: AED 90,000 a yearNew contract, March 2014: AED 135,000 a yearNew contract, March 2015: AED 135,000 a yearRenewal, February 2016: AED 135,000 a year

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

2-beds in Al Ghozlan 1, and where 119 sits

All 33 2-beds →

Over the last 12 months two-beds sold for AED 2,000,000 to 2,320,000, around AED 1,561 per sqft, and rent for AED 112,000 to 195,000 a year. 119's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20262,050,000
13 Feb 20262,320,000
21 Jan 20262,000,000
31 Jul 20252,100,000
3 2-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

119, Al Ghozlan 1 in numbers

  • Sold twice: first on 12 September 2007 for AED 885,888, last on 5 July 2017 for AED 1,625,000 (AED 1,237 per sqft).
  • Rented since February 2013 on 4 Ejari contracts, from AED 90,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 21,800 a year (AED 16.62 per sqft).
  • Two-beds in Al Ghozlan 1 sold for AED 2,000,000–2,320,000 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 July 2017.

Questions about 119, Al Ghozlan 1

What did unit 119 last sell for?

AED 1,625,000 on 5 July 2017: AED 1,237 per sqft for 1,313 sqft. The unit has 2 registered sales; the first was AED 885,888 in September 2007.

What is the rent for unit 119?

AED 135,000 a year on the contract renewed on 29 February 2016. The previous contract, from March 2015, was AED 135,000; the unit has been rented since February 2013.

How big is unit 119?

1,313 sqft (122.0 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 119 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Ghozlan 1 sold for AED 2,000,000 to 2,320,000 in the last 12 months, around AED 1,561 per sqft.

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Mortgage on 119, Al Ghozlan 1

Starts from the last sale price (AED 1.63M, 5 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,625,000
Deposit, UAE resident (20%)
AED 325,000
Deposit, non-resident (40%)
AED 650,000
Monthly over 25 years at 3.7%
AED 6,648

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