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1-bed · 758 sqftAl Ghozlan 1, The Greens · 3rd floor

308, Al Ghozlan 1

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

Unit 308 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.03M10 July 2016
Current rentAED 72K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Al Ghozlan 1

What is 308 worth today?

Last sold for AED 1,030,000 in 2016

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1 Sep 2024RentedRenewal
AED 71,610/yr12 months · AED 95 per sqft
1 Sep 2023RentedRenewal
AED 65,100/yr12 months · AED 86 per sqft
1 Sep 2022RentedNew contract
AED 62,000/yr12 months · AED 82 per sqft
1 Oct 2021RentedNew contract
AED 46,000/yr12 months · AED 61 per sqft
18 Mar 2017RentedNew contract
AED 82,000/yr12 months · AED 109 per sqft
10 Jul 2016SoldReady
AED 1,030,000AED 1,358 per sqft
30 Aug 2014RentedRenewal
AED 39,375/yr24 months · AED 52 per sqft
30 Aug 2013RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
3rd of 7
Parking
363.
Service charge
AED 12,600 /yr
Last sold
AED 1.03M · July 2016
Building
Al Ghozlan 1

About 308, Al Ghozlan 1

308 is a one-bedroom apartment of 758 sqft on the 3rd floor of Al Ghozlan 1, a 7-storey tower in The Greens. It last sold on 10 July 2016 for AED 1,030,000, or AED 1,358 per sqft, in line with the AED 1,365 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 71,610 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, July 2010: AED 680,453 (AED 897 per sqft)Sold, July 2016: AED 1,030,000 (AED 1,358 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Al Ghozlan 1
50K75K2012201620202024Typical 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, August 2013: AED 75,000 a yearRenewal, August 2014: AED 39,375 a yearNew contract, March 2017: AED 82,000 a yearNew contract, October 2021: AED 46,000 a yearNew contract, September 2022: AED 62,000 a yearRenewal, September 2023: AED 65,100 a yearRenewal, September 2024: AED 71,610 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 308 sits

All 65 1-beds →

308 last sold in July 2016 at AED 1,358 per sqft, in line with what one-beds in Al Ghozlan 1 were fetching at the time (AED 1,365). 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. 308's AED 71,610 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 3rd floor

All 118 units in Al Ghozlan 1
Value
3011-bedAED 1.25M · May 2025
3021-bedAED 1.2M · Jan 2015
3031-bedAED 760K · May 2010
3041-bedAED 1.23M · Aug 2014
3052-bedAED 863K · Apr 2017
3061-bedAED 1.3M · Sep 2025
3071-bedAED 1.05M · May 2024
1–7 of 20

308, Al Ghozlan 1 in numbers

  • Sold twice: first on 8 July 2010 for AED 680,453, last on 10 July 2016 for AED 1,030,000 (AED 1,358 per sqft).
  • Rented since August 2013 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 39,375 in 2014 and recovered to AED 71,610 by September 2024.
  • At AED 71,610 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 12,600 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 1 September 2024.

Questions about 308, Al Ghozlan 1

What did unit 308 last sell for?

AED 1,030,000 on 10 July 2016: AED 1,358 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 680,453 in July 2010.

What is the rent for unit 308?

AED 71,610 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 65,100; the unit has been rented since August 2013.

How big is unit 308?

758 sqft (70.4 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 308 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 308, Al Ghozlan 1

Starts from the last sale price (AED 1.03M, 10 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,000
Deposit, UAE resident (20%)
AED 206,000
Deposit, non-resident (40%)
AED 412,000
Monthly over 25 years at 3.7%
AED 4,214

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