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2-bed · 1,093 sqftAl Ghozlan 1, The Greens · 4th floor

411, Al Ghozlan 1

Sold prices and rental history: sold once, by the developer in May 2008, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 411 · DLD and Ejari recordsUpdated 1 June 2020
Last soldAED 900K6 May 2008
Current rentAED 78K /yr1 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 411, Al Ghozlan 1

What is 411 worth today?

Last sold for AED 900,000 in 2008

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1 Jun 2020RentedRenewal
AED 78,000/yr12 months · AED 71 per sqft
1 Jun 2019RentedRenewal
AED 95,000/yr12 months · AED 87 per sqft
1 Jun 2018RentedNew contract
AED 95,000/yr12 months · AED 87 per sqft
6 May 2008Sold by developerReady
AED 900,000AED 823 per sqft

Source: Dubai Land Department. Updated 1 June 2020.

Key facts

Type
2-bed apartment
Size
1,093 sqft
Floor
4th of 7
Parking
384.
Service charge
AED 18,200 /yr
Last sold
AED 900K · May 2008
Building
Al Ghozlan 1

About 411, Al Ghozlan 1

411 is a two-bedroom apartment of 1,093 sqft on the 4th floor of Al Ghozlan 1, a 7-storey tower in The Greens. The developer sold it on 6 May 2008 for AED 900,000, or AED 823 per sqft, 53% above the AED 539 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 June 2020, is AED 78,000 a year: a gross yield of 8.7% on the 2008 price, before the service charge of about AED 18,200 a year.

Sales and rents for 411 over time

Sales
Unit 411, 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, May 2008: AED 900,000 (AED 823 per sqft)

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

Rents
Unit 411, 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, June 2018: AED 95,000 a yearRenewal, June 2019: AED 95,000 a yearRenewal, June 2020: AED 78,000 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 411 sits

All 33 2-beds →

411 last sold in May 2008 at AED 823 per sqft, 53% above what two-beds in Al Ghozlan 1 were fetching at the time (AED 539). 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. 411's AED 78,000 is at the bottom 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 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
4071-bedAED 730K · Jul 2012
1–7 of 20

411, Al Ghozlan 1 in numbers

  • Sold once: by the developer on 6 May 2008 for AED 900,000, or AED 823 per sqft.
  • Rented since June 2018 on 3 Ejari contracts, from AED 95,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2008 price is 8.7%, before a service charge of about AED 18,200 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 1 June 2020.

Questions about 411, Al Ghozlan 1

What did unit 411 last sell for?

AED 900,000 on 6 May 2008, sold by the developer: AED 823 per sqft for 1,093 sqft. It is the only registered sale of the unit.

What is the rent for unit 411?

AED 78,000 a year on the contract renewed on 1 June 2020. The previous contract, from June 2019, was AED 95,000; the unit has been rented since June 2018.

How big is unit 411?

1,093 sqft (101.5 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 411 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 411, Al Ghozlan 1

Starts from the last sale price (AED 900K, 6 May 2008). 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 →