2-bed · 1,085 sqftAl Ghozlan 2, The Greens · 1st floor

111, Al Ghozlan 2

Sold prices and rental history: sold 5 times, last in September 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 9 September 2022
Last soldAED 1.18M9 September 2022
Current rentAED 65K /yr10 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Al Ghozlan 2

What is 111 worth today?

Last sold for AED 1,175,000 in 2022

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9 Sep 2022SoldReady
AED 1,175,000AED 1,083 per sqft
10 Dec 2020RentedRenewal
AED 65,000/yr12 months · AED 60 per sqft
10 Sep 2020RentedRenewal
AED 65,000/yr3 months · AED 60 per sqft
10 Sep 2019RentedNew contract
AED 74,000/yr12 months · AED 68 per sqft
10 Jan 2019RentedNew contract
AED 90,000/yr12 months · AED 83 per sqft
9 Sep 2015RentedNew contract
AED 130,000/yr12 months · AED 120 per sqft
28 May 2012SoldReady
AED 1,030,000AED 949 per sqft
21 Mar 2012SoldReady
AED 775,000AED 714 per sqft

Source: Dubai Land Department. Updated 9 September 2022.

Key facts

Type
2-bed apartment
Size
1,085 sqft
Floor
1st of 7
Parking
48.
Service charge
AED 18,000 /yr
Last sold
AED 1.18M · September 2022
Building
Al Ghozlan 2

About 111, Al Ghozlan 2

111 is a two-bedroom apartment of 1,085 sqft on the 1st floor of Al Ghozlan 2, a 7-storey tower in The Greens. It last sold on 9 September 2022 for AED 1,175,000, or AED 1,083 per sqft, 8% above the AED 1,003 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 10 December 2020, is AED 65,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 18,000 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical two-bed in Al Ghozlan 2
1M2M2007201220172022Typical sale price by year: 2007 AED 569,863; 2008 AED 1,243,000; 2010 AED 1,208,000; 2011 AED 1,010,000; 2012 AED 930,000; 2013 AED 1,650,000; 2014 AED 1,500,000; 2015 AED 1,652,500; 2016 AED 1,650,000; 2022 AED 1,260,000; 2023 AED 1,640,000; 2024 AED 1,541,000; 2025 AED 1,875,000Sold by developer, September 2007: AED 450,000 (AED 414 per sqft)Sold, May 2008: AED 1,500,000 (AED 1,383 per sqft)Sold, March 2012: AED 775,000 (AED 714 per sqft)Sold, May 2012: AED 1,030,000 (AED 949 per sqft)Sold, September 2022: AED 1,175,000 (AED 1,083 per sqft)

111 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 111, each contractTypical two-bed in Al Ghozlan 2
100K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 102,500; 2014 AED 120,000; 2015 AED 128,000; 2016 AED 120,000; 2017 AED 123,147; 2018 AED 110,000; 2019 AED 91,000; 2020 AED 75,000; 2021 AED 76,000; 2022 AED 86,500; 2023 AED 100,000; 2024 AED 113,000; 2025 AED 118,402; 2026 AED 130,000New contract, September 2015: AED 130,000 a yearNew contract, January 2019: AED 90,000 a yearNew contract, September 2019: AED 74,000 a yearRenewal, September 2020: AED 65,000 a yearRenewal, December 2020: AED 65,000 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 2, and where 111 sits

All 33 2-beds →

111 last sold in September 2022 at AED 1,083 per sqft, 8% above what two-beds in Al Ghozlan 2 were fetching at the time (AED 1,003). Over the last 12 months two-beds sold for AED 1,710,000 to 2,450,000, around AED 1,622 per sqft, and rent for AED 103,000 to 175,000 a year. 111's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jul 20261,780,000
16 Mar 20262,450,000
26 Dec 20251,710,000
23 Dec 20251,875,000
4 2-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

111, Al Ghozlan 2 in numbers

  • Sold 5 times: first on 9 September 2007 for AED 450,000, last on 9 September 2022 for AED 1,175,000 (AED 1,083 per sqft).
  • Rented since September 2015 on 5 Ejari contracts, from AED 130,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 18,000 a year (AED 16.62 per sqft).
  • Two-beds in Al Ghozlan 2 sold for AED 1,710,000–2,450,000 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 9 September 2022.

Questions about 111, Al Ghozlan 2

What did unit 111 last sell for?

AED 1,175,000 on 9 September 2022: AED 1,083 per sqft for 1,085 sqft. The unit has 5 registered sales; the first was AED 450,000 in September 2007.

What is the rent for unit 111?

AED 65,000 a year on the contract renewed on 10 December 2020. The previous contract, from September 2020, was AED 65,000; the unit has been rented since September 2015.

How big is unit 111?

1,085 sqft (100.8 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 111 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 2 sold for AED 1,710,000 to 2,450,000 in the last 12 months, around AED 1,622 per sqft.

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Mortgage on 111, Al Ghozlan 2

Starts from the last sale price (AED 1.18M, 9 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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