1-bed · 811 sqftAl Ghozlan 2, The Greens · 2nd floor

203, Al Ghozlan 2

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 6 October 2023
Last soldAED 1.02M6 October 2023
Current rentAED 55K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Al Ghozlan 2

What is 203 worth today?

Last sold for AED 1,020,000 in 2023

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6 Oct 2023SoldReady
AED 1,020,000AED 1,257 per sqft
1 Mar 2023RentedRenewal
AED 55,200/yr12 months · AED 68 per sqft
1 Feb 2022RentedRenewal
AED 48,000/yr13 months · AED 59 per sqft
1 Jan 2021RentedNew contract
AED 43,000/yr13 months · AED 53 per sqft
21 Oct 2018RentedNew contract
AED 72,000/yr12 months · AED 89 per sqft
23 Jul 2017RentedRenewal
AED 80,000/yr12 months · AED 99 per sqft
23 Jul 2016RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft
5 Apr 2015RentedNew contract
AED 95,000/yr12 months · AED 118 per sqft

Source: Dubai Land Department. Updated 6 October 2023.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
2nd of 7
Parking
42.
Service charge
AED 13,500 /yr
Last sold
AED 1.02M · October 2023
Building
Al Ghozlan 2

About 203, Al Ghozlan 2

203 is a one-bedroom apartment of 811 sqft on the 2nd floor of Al Ghozlan 2, a 7-storey tower in The Greens. It last sold on 6 October 2023 for AED 1,020,000, or AED 1,257 per sqft, 21% above the AED 1,040 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 55,200 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 13,500 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, August 2007: AED 720,000 (AED 887 per sqft)Sold, July 2009: AED 775,000 (AED 955 per sqft)Sold, October 2023: AED 1,020,000 (AED 1,257 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in Al Ghozlan 2
50K75K100K2012201620202024Typical 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, April 2015: AED 95,000 a yearNew contract, July 2016: AED 80,000 a yearRenewal, July 2017: AED 80,000 a yearNew contract, October 2018: AED 72,000 a yearNew contract, January 2021: AED 43,000 a yearRenewal, February 2022: AED 48,000 a yearRenewal, March 2023: AED 55,200 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 203 sits

All 75 1-beds →

203 last sold in October 2023 at AED 1,257 per sqft, 21% above what one-beds in Al Ghozlan 2 were fetching at the time (AED 1,040). 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. 203's AED 55,200 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 2nd floor

All 108 units in Al Ghozlan 2
Value
2011-bedAED 531K · Apr 2011
2021-bedAED 1.12M · Jan 2024
2041-bedAED 853K · Aug 2010
2052-bedAED 1.55M · Nov 2022
2061-bedAED 1.3M · Jul 2025
2071-bedAED 591K · Dec 2009
2081-bedAED 810K · Mar 2023
1–7 of 18

203, Al Ghozlan 2 in numbers

  • Sold 3 times: first on 7 August 2007 for AED 720,000, last on 6 October 2023 for AED 1,020,000 (AED 1,257 per sqft).
  • Rented since April 2015 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 43,000 in 2021 and recovered to AED 55,200 by March 2023.
  • At AED 55,200 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 13,500 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 6 October 2023.

Questions about 203, Al Ghozlan 2

What did unit 203 last sell for?

AED 1,020,000 on 6 October 2023: AED 1,257 per sqft for 811 sqft. The unit has 3 registered sales; the first was AED 720,000 in August 2007.

What is the rent for unit 203?

AED 55,200 a year on the contract renewed on 1 March 2023. The previous contract, from February 2022, was AED 48,000; the unit has been rented since April 2015.

How big is unit 203?

811 sqft (75.3 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower.

What is unit 203 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 203, Al Ghozlan 2

Starts from the last sale price (AED 1.02M, 6 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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