1-bed · 1,087 sqftAl Ghozlan 1, The Greens · Ground floor

G02, Al Ghozlan 1

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

Unit G02 · DLD and Ejari recordsUpdated 20 January 2023
Last soldAED 700K7 May 2012
Current rentAED 73K /yr20 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Al Ghozlan 1

What is G02 worth today?

Last sold for AED 700,000 in 2012

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20 Jan 2023RentedRenewal
AED 73,000/yr12 months · AED 67 per sqft
20 Jan 2022RentedRenewal
AED 65,000/yr12 months · AED 60 per sqft
20 Jan 2021RentedRenewal
AED 65,000/yr12 months · AED 60 per sqft
20 Jan 2020RentedRenewal
AED 65,000/yr12 months · AED 60 per sqft
20 Jan 2019RentedRenewal
AED 83,000/yr12 months · AED 76 per sqft
20 Jan 2018RentedRenewal
AED 83,000/yr12 months · AED 76 per sqft
20 Jan 2017RentedNew contract
AED 85,000/yr12 months · AED 78 per sqft
20 Feb 2015RentedNew contract
AED 93,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 20 January 2023.

Key facts

Type
1-bed apartment
Size
1,087 sqft
Floor
Ground of 7
Parking
444.
Service charge
AED 18,100 /yr
Last sold
AED 700K · May 2012
Building
Al Ghozlan 1

About G02, Al Ghozlan 1

G02 is a one-bedroom apartment of 1,087 sqft on the ground floor of Al Ghozlan 1, a 7-storey tower in The Greens. The developer sold it on 7 May 2012 for AED 700,000, or AED 643 per sqft, 8% below the AED 699 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 20 January 2023, is AED 73,000 a year: a gross yield of 10.4% on the 2012 price, before the service charge of about AED 18,100 a year.

Sales and rents for G02 over time

Sales
Unit G02, 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, May 2012: AED 700,000 (AED 643 per sqft)

G02 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit G02, 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, February 2013: AED 70,000 a yearNew contract, February 2015: AED 93,000 a yearNew contract, January 2017: AED 85,000 a yearRenewal, January 2018: AED 83,000 a yearRenewal, January 2019: AED 83,000 a yearRenewal, January 2020: AED 65,000 a yearRenewal, January 2021: AED 65,000 a yearRenewal, January 2022: AED 65,000 a yearRenewal, January 2023: AED 73,000 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 G02 sits

All 65 1-beds →

G02 last sold in May 2012 at AED 643 per sqft, 8% below what one-beds in Al Ghozlan 1 were fetching at the time (AED 699). 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. G02's AED 73,000 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 ground floor

All 118 units in Al Ghozlan 1
Value
G011-bedAED 1.25M · Apr 2015
G031-bedAED 1.16M · Jul 2023
G041-bedAED 705K · Mar 2012
G052-bedAED 2.95M · Jul 2025
G061-bedAED 1.2M · Apr 2024
G071-bedAED 960K · Oct 2023
G081-bedAED 980K · Sep 2016
1–7 of 18

G02, Al Ghozlan 1 in numbers

  • Sold once: by the developer on 7 May 2012 for AED 700,000, or AED 643 per sqft.
  • Rented since February 2013 on 9 Ejari contracts, from AED 70,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2012 price is 10.4%, before a service charge of about AED 18,100 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 20 January 2023.

Questions about G02, Al Ghozlan 1

What did unit G02 last sell for?

AED 700,000 on 7 May 2012, sold by the developer: AED 643 per sqft for 1,087 sqft. It is the only registered sale of the unit.

What is the rent for unit G02?

AED 73,000 a year on the contract renewed on 20 January 2023. The previous contract, from January 2022, was AED 65,000; the unit has been rented since February 2013.

How big is unit G02?

1,087 sqft (101.0 sqm): a one-bedroom apartment on the ground floor of a 7-storey tower.

What is unit G02 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 G02, Al Ghozlan 1

Starts from the last sale price (AED 700K, 7 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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