1-bed · 754 sqftAl Ghozlan 2, The Greens · 3rd floor

308, Al Ghozlan 2

Sold prices and rental history: sold 3 times, last in January 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 3 November 2024
Last soldAED 1M27 January 2015
Current rentAED 75K /yr3 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Al Ghozlan 2

What is 308 worth today?

Last sold for AED 1,000,000 in 2015

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3 Nov 2024RentedRenewal
AED 75,000/yr12 months · AED 100 per sqft
3 Nov 2023RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
14 Feb 2022RentedNew contract
AED 53,000/yr12 months · AED 70 per sqft
1 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
25 Jan 2020RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
8 Feb 2019RentedNew contract
AED 62,000/yr12 months · AED 82 per sqft
5 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft
27 Jan 2015SoldReady
AED 1,000,000AED 1,326 per sqft

Source: Dubai Land Department. Updated 3 November 2024.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
3rd of 7
Parking
74.
Service charge
AED 12,500 /yr
Last sold
AED 1M · January 2015
Building
Al Ghozlan 2

About 308, Al Ghozlan 2

308 is a one-bedroom apartment of 754 sqft on the 3rd floor of Al Ghozlan 2, a 7-storey tower in The Greens. It last sold on 27 January 2015 for AED 1,000,000, or AED 1,326 per sqft, 5% below the AED 1,393 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 3 November 2024, is AED 75,000 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 12,500 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, January 2009: AED 650,000 (AED 862 per sqft)Sold, December 2013: AED 1,000,000 (AED 1,326 per sqft)Sold, January 2015: AED 1,000,000 (AED 1,326 per sqft)

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

Rents
Unit 308, 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, January 2013: AED 65,000 a yearNew contract, February 2018: AED 70,000 a yearNew contract, February 2019: AED 62,000 a yearNew contract, January 2020: AED 50,000 a yearNew contract, February 2021: AED 40,000 a yearNew contract, February 2022: AED 53,000 a yearNew contract, November 2023: AED 75,000 a yearRenewal, November 2024: AED 75,000 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 308 sits

All 75 1-beds →

308 last sold in January 2015 at AED 1,326 per sqft, 5% below what one-beds in Al Ghozlan 2 were fetching at the time (AED 1,393). 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. 308's AED 75,000 is in the lower half 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 3rd floor

All 108 units in Al Ghozlan 2
Value
3011-bedAED 1.05M · Oct 2023
3021-bedAED 600K · Oct 2011
3031-bedAED 745K · Apr 2020
3041-bedAED 1.08M · Nov 2017
3052-bedAED 1.65M · Sep 2023
3061-bedAED 623K · Sep 2014
3071-bedAED 660K · Oct 2013
1–7 of 18

308, Al Ghozlan 2 in numbers

  • Sold 3 times: first on 14 January 2009 for AED 650,000, last on 27 January 2015 for AED 1,000,000 (AED 1,326 per sqft).
  • Rented since January 2013 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2021 and recovered to AED 75,000 by November 2024.
  • At AED 75,000 a year the gross yield on the 2015 price is 7.5%, 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 3 November 2024.

Questions about 308, Al Ghozlan 2

What did unit 308 last sell for?

AED 1,000,000 on 27 January 2015: AED 1,326 per sqft for 754 sqft. The unit has 3 registered sales; the first was AED 650,000 in January 2009.

What is the rent for unit 308?

AED 75,000 a year on the contract renewed on 3 November 2024. The previous contract, from November 2023, was AED 75,000; the unit has been rented since January 2013.

How big is unit 308?

754 sqft (70.0 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 308 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 308, Al Ghozlan 2

Starts from the last sale price (AED 1M, 27 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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