2-bed · 1,309 sqftAl Ghozlan 2, The Greens · 1st floor

119, Al Ghozlan 2

Sold prices and rental history: sold 3 times, last in February 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 119 · DLD and Ejari recordsUpdated 28 August 2023
Last soldAED 1.65M28 February 2016
Current rentAED 125K /yr28 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 119, Al Ghozlan 2

What is 119 worth today?

Last sold for AED 1,650,000 in 2016

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28 Aug 2023RentedNew contract
AED 125,000/yr12 months · AED 95 per sqft
1 Sep 2022RentedNew contract
AED 84,700/yr12 months · AED 65 per sqft
1 Sep 2021RentedNew contract
AED 77,000/yr12 months · AED 59 per sqft
10 Aug 2020RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
10 Aug 2019RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
10 Aug 2018RentedRenewal
AED 110,000/yr12 months · AED 84 per sqft
28 Feb 2016SoldReady
AED 1,650,000AED 1,260 per sqft
29 Oct 2008SoldReady
AED 1,250,000AED 954 per sqft

Source: Dubai Land Department. Updated 28 August 2023.

Key facts

Type
2-bed apartment
Size
1,309 sqft
Floor
1st of 7
Parking
23.
Service charge
AED 21,800 /yr
Last sold
AED 1.65M · February 2016
Building
Al Ghozlan 2

About 119, Al Ghozlan 2

119 is a two-bedroom apartment of 1,309 sqft on the 1st floor of Al Ghozlan 2, a 7-storey tower in The Greens. It last sold on 28 February 2016 for AED 1,650,000, or AED 1,260 per sqft, in line with the AED 1,275 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 28 August 2023, is AED 125,000 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 21,800 a year.

Sales and rents for 119 over time

Sales
Unit 119, 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, October 2008: AED 1,250,000 (AED 954 per sqft)Sold by developer, October 2008: AED 1,430,000 (AED 1,092 per sqft)Sold, February 2016: AED 1,650,000 (AED 1,260 per sqft)

119 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 119, each contractTypical two-bed in Al Ghozlan 2
75K100K125K2012201620202024Typical 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 130,000Renewal, August 2018: AED 110,000 a yearRenewal, August 2019: AED 90,000 a yearRenewal, August 2020: AED 80,000 a yearNew contract, September 2021: AED 77,000 a yearNew contract, September 2022: AED 84,700 a yearNew contract, August 2023: AED 125,000 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 119 sits

All 33 2-beds →

119 last sold in February 2016 at AED 1,260 per sqft, in line with what two-beds in Al Ghozlan 2 were fetching at the time (AED 1,275). 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. 119's AED 125,000 is in the lower half 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

119, Al Ghozlan 2 in numbers

  • Sold 3 times: first on 12 October 2008 for AED 1,430,000, last on 28 February 2016 for AED 1,650,000 (AED 1,260 per sqft).
  • Rented since August 2018 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 77,000 in 2021 and recovered to AED 125,000 by August 2023.
  • At AED 125,000 a year the gross yield on the 2016 price is 7.6%, before a service charge of about AED 21,800 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 28 August 2023.

Questions about 119, Al Ghozlan 2

What did unit 119 last sell for?

AED 1,650,000 on 28 February 2016: AED 1,260 per sqft for 1,309 sqft. The unit has 3 registered sales; the first was AED 1,430,000 in October 2008.

What is the rent for unit 119?

AED 125,000 a year on the contract signed on 28 August 2023. The previous contract, from September 2022, was AED 84,700; the unit has been rented since August 2018.

How big is unit 119?

1,309 sqft (121.6 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 119 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 119, Al Ghozlan 2

Starts from the last sale price (AED 1.65M, 28 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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