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1-bed · 765 sqftAl Ghozlan 1, The Greens · 4th floor

406, Al Ghozlan 1

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.25M1 October 2024
Current rentAED 88K /yr10 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Al Ghozlan 1

What is 406 worth today?

Last sold for AED 1,250,000 in 2024

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1 Oct 2024SoldReady
AED 1,250,000AED 1,634 per sqft
10 Jul 2023RentedNew contract
AED 88,000/yr12 months · AED 115 per sqft
5 Jul 2021RentedNew contract
AED 57,000/yr12 months · AED 75 per sqft
5 May 2019RentedNew contract
AED 66,000/yr12 months · AED 86 per sqft
15 May 2014RentedNew contract
AED 87,000/yr12 months · AED 114 per sqft
1 Dec 2008Sold by developerReady
AED 750,000AED 980 per sqft
1 Dec 2008SoldReady
AED 627,888AED 821 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
765 sqft
Floor
4th of 7
Parking
366.
Service charge
AED 12,700 /yr
Last sold
AED 1.25M · October 2024
Building
Al Ghozlan 1

About 406, Al Ghozlan 1

406 is a one-bedroom apartment of 765 sqft on the 4th floor of Al Ghozlan 1, a 7-storey tower in The Greens. It last sold on 1 October 2024 for AED 1,250,000, or AED 1,634 per sqft, 21% above the AED 1,347 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 10 July 2023, is AED 88,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 12,700 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, December 2008: AED 750,000 (AED 980 per sqft)Sold, December 2008: AED 627,888 (AED 821 per sqft)Sold, October 2024: AED 1,250,000 (AED 1,634 per sqft)

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

Rents
Unit 406, 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, May 2014: AED 87,000 a yearNew contract, May 2019: AED 66,000 a yearNew contract, July 2021: AED 57,000 a yearNew contract, July 2023: AED 88,000 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 406 sits

All 65 1-beds →

406 last sold in October 2024 at AED 1,634 per sqft, 21% above what one-beds in Al Ghozlan 1 were fetching at the time (AED 1,347). 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. 406's AED 88,000 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 4th floor

All 118 units in Al Ghozlan 1
Value
4011-bedAED 1.05M · Jan 2024
4021-bedAED 1.22M · Jan 2025
4031-bedAED 1.15M · Jan 2016
4041-bedAED 1.12M · Jun 2016
4052-bedAED 2.2M · Mar 2025
4071-bedAED 730K · Jul 2012
4081-bedAED 1.23M · Jan 2025
1–7 of 20

406, Al Ghozlan 1 in numbers

  • Sold 3 times: first on 1 December 2008 for AED 627,888, last on 1 October 2024 for AED 1,250,000 (AED 1,634 per sqft).
  • Rented since May 2014 on 4 Ejari contracts. The rent fell from AED 87,000 to AED 57,000 in 2021 and recovered to AED 88,000 by July 2023.
  • At AED 88,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 12,700 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 October 2024.

Questions about 406, Al Ghozlan 1

What did unit 406 last sell for?

AED 1,250,000 on 1 October 2024: AED 1,634 per sqft for 765 sqft. The unit has 3 registered sales; the first was AED 627,888 in December 2008.

What is the rent for unit 406?

AED 88,000 a year on the contract signed on 10 July 2023. The previous contract, from July 2021, was AED 57,000; the unit has been rented since May 2014.

How big is unit 406?

765 sqft (71.1 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 406 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 406, Al Ghozlan 1

Starts from the last sale price (AED 1.25M, 1 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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