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2-bed · 2,439 sqftAl Ghozlan 1, The Greens · Ground floor

G18, Al Ghozlan 1

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G18 · DLD and Ejari recordsUpdated 27 July 2023
Last soldAED 1.3M27 July 2023
Current rentAED 100K /yr5 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G18, Al Ghozlan 1

What is G18 worth today?

Last sold for AED 1,300,000 in 2023

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27 Jul 2023SoldReady
AED 1,300,000AED 532 per sqft
29 Mar 2021SoldReady
AED 1,275,000AED 522 per sqft
5 Sep 2020RentedNew contract
AED 100,000/yr12 months · AED 41 per sqft
29 Aug 2019RentedNew contract
AED 95,000/yr12 months · AED 39 per sqft
12 Aug 2017RentedNew contract
AED 120,000/yr12 months · AED 49 per sqft
11 Jun 2016RentedNew contract
AED 140,000/yr12 months · AED 57 per sqft
1 Jun 2014RentedNew contract
AED 122,100/yr12 months · AED 50 per sqft
11 Apr 2011SoldReady
AED 925,000AED 379 per sqft

Source: Dubai Land Department. Updated 27 July 2023.

Key facts

Type
2-bed apartment
Size
2,439 sqft
Floor
Ground of 7
Parking
455.
Service charge
AED 40,500 /yr
Last sold
AED 1.3M · July 2023
Building
Al Ghozlan 1

About G18, Al Ghozlan 1

G18 is a two-bedroom apartment of 2,439 sqft on the ground floor of Al Ghozlan 1, a 7-storey tower in The Greens. It last sold on 27 July 2023 for AED 1,300,000, or AED 532 per sqft, 22% below the AED 685 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 5 September 2020, is AED 100,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 40,500 a year.

Sales and rents for G18 over time

Sales
Unit G18, 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 1,175,000 (AED 481 per sqft)Sold, April 2011: AED 925,000 (AED 379 per sqft)Sold, March 2021: AED 1,275,000 (AED 522 per sqft)Sold, July 2023: AED 1,300,000 (AED 532 per sqft)

G18 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G18, each contractTypical two-bed in Al Ghozlan 1
100K150K2012201620202024Typical 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 2014: AED 122,100 a yearNew contract, June 2016: AED 140,000 a yearNew contract, August 2017: AED 120,000 a yearNew contract, August 2019: AED 95,000 a yearNew contract, September 2020: AED 100,000 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 G18 sits

All 33 2-beds →

G18 last sold in July 2023 at AED 532 per sqft, 22% below what two-beds in Al Ghozlan 1 were fetching at the time (AED 685). 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. G18's AED 100,000 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 ground floor

All 118 units in Al Ghozlan 1
Value
G011-bedAED 1.25M · Apr 2015
G021-bedAED 700K · May 2012
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
1–7 of 18

G18, Al Ghozlan 1 in numbers

  • Sold 4 times: first on 8 May 2008 for AED 1,175,000, last on 27 July 2023 for AED 1,300,000 (AED 532 per sqft).
  • Rented since June 2014 on 5 Ejari contracts, from AED 122,100 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 40,500 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 27 July 2023.

Questions about G18, Al Ghozlan 1

What did unit G18 last sell for?

AED 1,300,000 on 27 July 2023: AED 532 per sqft for 2,439 sqft. The unit has 4 registered sales; the first was AED 1,175,000 in May 2008.

What is the rent for unit G18?

AED 100,000 a year on the contract signed on 5 September 2020. The previous contract, from August 2019, was AED 95,000; the unit has been rented since June 2014.

How big is unit G18?

2,439 sqft (226.6 sqm): a two-bedroom apartment on the ground floor of a 7-storey tower.

What is unit G18 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 G18, Al Ghozlan 1

Starts from the last sale price (AED 1.3M, 27 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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