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1-bed · 758 sqftAl Ghozlan 1, The Greens · 4th floor

407, Al Ghozlan 1

Sold prices and rental history: sold twice, last in July 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 8 September 2017
Last soldAED 900K26 July 2012
Current rentAED 80K /yr8 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Al Ghozlan 1

What is 407 worth today?

Last sold for AED 900,000 in 2012

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8 Sep 2017RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft
10 Jun 2017RentedRenewal
AED 87,000/yr12 months · AED 115 per sqft
10 Jun 2016RentedRenewal
AED 95,000/yr12 months · AED 126 per sqft
10 Jun 2015RentedNew contract
AED 95,000/yr12 months · AED 126 per sqft
8 Jun 2014RentedNew contract
AED 90,000/yr12 months · AED 119 per sqft
26 Jul 2013RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
26 Jul 2012Sold by developerReady
AED 900,000AED 1,187 per sqft
26 Jul 2012SoldReady
AED 730,000AED 962 per sqft

Source: Dubai Land Department. Updated 8 September 2017.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
4th of 7
Parking
358.
Service charge
AED 12,600 /yr
Last sold
AED 900K · July 2012
Building
Al Ghozlan 1

About 407, Al Ghozlan 1

407 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Ghozlan 1, a 7-storey tower in The Greens. The developer sold it on 26 July 2012 for AED 900,000, or AED 1,187 per sqft, 43% above the AED 830 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 8 September 2017, is AED 80,000 a year: a gross yield of 8.9% on the 2012 price, before the service charge of about AED 12,600 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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 2012: AED 900,000 (AED 1,187 per sqft)Sold, July 2012: AED 730,000 (AED 962 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Al Ghozlan 1
50K75K100K2012201620202024Typical 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, July 2013: AED 75,000 a yearNew contract, June 2014: AED 90,000 a yearNew contract, June 2015: AED 95,000 a yearRenewal, June 2016: AED 95,000 a yearRenewal, June 2017: AED 87,000 a yearNew contract, September 2017: AED 80,000 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 407 sits

All 65 1-beds →

407 last sold in July 2012 at AED 1,187 per sqft, 43% above what one-beds in Al Ghozlan 1 were fetching at the time (AED 830). 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. 407's AED 80,000 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
4061-bedAED 1.25M · Oct 2024
4081-bedAED 1.23M · Jan 2025
1–7 of 20

407, Al Ghozlan 1 in numbers

  • Sold twice: first on 26 July 2012 for AED 730,000, last on 26 July 2012 for AED 900,000 (AED 1,187 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 75,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2012 price is 8.9%, 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 8 September 2017.

Questions about 407, Al Ghozlan 1

What did unit 407 last sell for?

AED 900,000 on 26 July 2012, sold by the developer: AED 1,187 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 730,000 in July 2012.

What is the rent for unit 407?

AED 80,000 a year on the contract signed on 8 September 2017. The previous contract, from June 2017, was AED 87,000; the unit has been rented since July 2013.

How big is unit 407?

758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 407 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 407, Al Ghozlan 1

Starts from the last sale price (AED 900K, 26 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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