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1-bed · 816 sqftAl Ghozlan 1, The Greens · 2nd floor

203, Al Ghozlan 1

Sold prices and rental history: sold twice, last in June 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 2 December 2023
Last soldAED 560K23 June 2011
Current rentAED 85K /yr2 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Al Ghozlan 1

What is 203 worth today?

Last sold for AED 560,000 in 2011

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2 Dec 2023RentedNew contract
AED 85,000/yr13 months · AED 104 per sqft
12 Aug 2022RentedNew contract
AED 108,000/yr12 months · AED 132 per sqft
7 Jun 2020RentedNew contract
AED 45,000/yr12 months · AED 55 per sqft
13 Aug 2019RentedRenewal
AED 65,000/yr12 months · AED 79 per sqft
13 Aug 2018RentedRenewal
AED 75,000/yr12 months · AED 92 per sqft
13 Aug 2017RentedRenewal
AED 85,000/yr12 months · AED 104 per sqft
13 Aug 2016RentedNew contract
AED 90,000/yr12 months · AED 110 per sqft
10 Jun 2014RentedNew contract
AED 90,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 2 December 2023.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
2nd of 7
Parking
369.
Service charge
AED 13,600 /yr
Last sold
AED 560K · June 2011
Building
Al Ghozlan 1

About 203, Al Ghozlan 1

203 is a one-bedroom apartment of 816 sqft on the 2nd floor of Al Ghozlan 1, a 7-storey tower in The Greens. It last sold on 23 June 2011 for AED 560,000, or AED 686 per sqft, 14% below the AED 798 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 2 December 2023, is AED 85,000 a year: a gross yield of 15.2% on the 2011 price, before the service charge of about AED 13,600 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, February 2009: AED 318,444 (AED 390 per sqft)Sold, June 2011: AED 560,000 (AED 686 per sqft)

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

Rents
Unit 203, 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, June 2014: AED 90,000 a yearNew contract, August 2016: AED 90,000 a yearRenewal, August 2017: AED 85,000 a yearRenewal, August 2018: AED 75,000 a yearRenewal, August 2019: AED 65,000 a yearNew contract, June 2020: AED 45,000 a yearNew contract, August 2022: AED 108,000 a yearNew contract, December 2023: AED 85,000 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 203 sits

All 65 1-beds →

203 last sold in June 2011 at AED 686 per sqft, 14% below what one-beds in Al Ghozlan 1 were fetching at the time (AED 798). 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. 203's AED 85,000 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 2nd floor

All 118 units in Al Ghozlan 1
Value
2011-bedAED 560K · Jul 2011
2021-bedAED 950K · Nov 2023
2041-bedAED 1.07M · Jun 2024
2052-bedAED 1.95M · Mar 2024
2061-bedAED 540K · Oct 2011
2071-bedAED 375K · Feb 2010
2081-bedAED 1.04M · Aug 2017
1–7 of 20

203, Al Ghozlan 1 in numbers

  • Sold twice: first on 9 February 2009 for AED 318,444, last on 23 June 2011 for AED 560,000 (AED 686 per sqft).
  • Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 45,000 in 2020 and recovered to AED 85,000 by December 2023.
  • At AED 85,000 a year the gross yield on the 2011 price is 15.2%, before a service charge of about AED 13,600 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 December 2023.

Questions about 203, Al Ghozlan 1

What did unit 203 last sell for?

AED 560,000 on 23 June 2011: AED 686 per sqft for 816 sqft. The unit has 2 registered sales; the first was AED 318,444 in February 2009.

What is the rent for unit 203?

AED 85,000 a year on the contract signed on 2 December 2023. The previous contract, from August 2022, was AED 108,000; the unit has been rented since June 2014.

How big is unit 203?

816 sqft (75.8 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower.

What is unit 203 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 203, Al Ghozlan 1

Starts from the last sale price (AED 560K, 23 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

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