1-bed · 754 sqftAl Ghozlan 2, The Greens · 1st floor

109, Al Ghozlan 2

Sold prices and rental history: sold twice, last in April 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 28 September 2019
Last soldAED 575K26 April 2012
Current rentAED 49K /yr28 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Al Ghozlan 2

What is 109 worth today?

Last sold for AED 575,000 in 2012

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28 Sep 2019RentedNew contract
AED 49,000/yr12 months · AED 65 per sqft
9 Aug 2018RentedNew contract
AED 58,000/yr12 months · AED 77 per sqft
5 Jun 2017RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft
10 Mar 2016RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft
1 Oct 2015RentedRenewal
AED 86,500/yr12 months · AED 115 per sqft
18 Feb 2015RentedRenewal
AED 79,540/yr7 months · AED 106 per sqft
18 Feb 2014RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft
26 Apr 2012SoldReady
AED 575,000AED 762 per sqft

Source: Dubai Land Department. Updated 28 September 2019.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
1st of 7
Parking
185.
Service charge
AED 12,500 /yr
Last sold
AED 575K · April 2012
Building
Al Ghozlan 2

About 109, Al Ghozlan 2

109 is a one-bedroom apartment of 754 sqft on the 1st floor of Al Ghozlan 2, a 7-storey tower in The Greens. It last sold on 26 April 2012 for AED 575,000, or AED 762 per sqft, 8% above the AED 708 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 28 September 2019, is AED 49,000 a year: a gross yield of 8.5% on the 2012 price, before the service charge of about AED 12,500 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical one-bed in Al Ghozlan 2
500K1M1.5M20072012201720222027Typical sale price by year: 2007 AED 577,500; 2008 AED 675,000; 2009 AED 676,388; 2010 AED 650,000; 2011 AED 545,000; 2012 AED 662,500; 2013 AED 830,000; 2014 AED 1,065,000; 2015 AED 1,007,500; 2016 AED 987,500; 2017 AED 877,500; 2018 AED 400,000; 2019 AED 750,000; 2022 AED 685,000; 2023 AED 900,000; 2024 AED 1,115,000; 2025 AED 1,287,500; 2026 AED 1,355,000Sold by developer, July 2008: AED 660,000 (AED 875 per sqft)Sold, April 2012: AED 575,000 (AED 762 per sqft)

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

Rents
Unit 109, each contractTypical one-bed in Al Ghozlan 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 56,500; 2013 AED 67,000; 2014 AED 80,000; 2015 AED 83,000; 2016 AED 80,000; 2017 AED 78,000; 2018 AED 70,000; 2019 AED 61,000; 2020 AED 48,000; 2021 AED 44,500; 2022 AED 52,325; 2023 AED 60,500; 2024 AED 75,000; 2025 AED 79,787; 2026 AED 78,000New contract, February 2014: AED 80,000 a yearRenewal, February 2015: AED 79,540 a yearRenewal, October 2015: AED 86,500 a yearNew contract, March 2016: AED 80,000 a yearNew contract, June 2017: AED 70,000 a yearNew contract, August 2018: AED 58,000 a yearNew contract, September 2019: AED 49,000 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 2, and where 109 sits

All 75 1-beds →

109 last sold in April 2012 at AED 762 per sqft, 8% above what one-beds in Al Ghozlan 2 were fetching at the time (AED 708). Over the last 12 months one-beds sold for AED 1,200,000 to 1,600,000, around AED 1,888 per sqft, and rent for AED 60,000 to 125,000 a year. 109's AED 49,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Oct 20261,420,000
9 Oct 20261,580,000
14 Aug 20261,290,000
19 Jun 20261,200,000
5 1-bed sales in the last 12 months

Al Ghozlan 2

Building

108 apartments, 1-bed to 2-bed over 7 floors in The Greens. 9 sold in the last 12 months.

Typical price per sqft
AED 1,711
Typical sale
AED 1.6M
Typical rent
AED 80K /yr
Typical yield
5.9%
Al Ghozlan 2, The Greens: prices, sales and rents →

Other units on the 1st floor

All 108 units in Al Ghozlan 2
Value
1011-bedAED 720K · Nov 2009
1021-bedAED 685K · Jun 2022
1031-bedAED 1.02M · Aug 2013
1041-bedAED 950K · Aug 2012
1052-bedAED 1.64M · Oct 2023
1061-bedAED 1.02M · Dec 2016
1071-bedAED 730K · Nov 2021
1–7 of 18

109, Al Ghozlan 2 in numbers

  • Sold twice: first on 8 July 2008 for AED 660,000, last on 26 April 2012 for AED 575,000 (AED 762 per sqft).
  • Rented since February 2014 on 7 Ejari contracts, from AED 80,000 to AED 49,000 a year.
  • At AED 49,000 a year the gross yield on the 2012 price is 8.5%, before a service charge of about AED 12,500 a year (AED 16.62 per sqft).
  • One-beds in Al Ghozlan 2 sold for AED 1,200,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,711 per sqft.

Source: Dubai Land Department. Updated 28 September 2019.

Questions about 109, Al Ghozlan 2

What did unit 109 last sell for?

AED 575,000 on 26 April 2012: AED 762 per sqft for 754 sqft. The unit has 2 registered sales; the first was AED 660,000 in July 2008.

What is the rent for unit 109?

AED 49,000 a year on the contract signed on 28 September 2019. The previous contract, from August 2018, was AED 58,000; the unit has been rented since February 2014.

How big is unit 109?

754 sqft (70.0 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 109 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 2 sold for AED 1,200,000 to 1,600,000 in the last 12 months, around AED 1,888 per sqft.

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Mortgage on 109, Al Ghozlan 2

Starts from the last sale price (AED 575K, 26 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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