2-bed · 1,417 sqftAl Ghozlan 2, The Greens · 4th floor

405, Al Ghozlan 2

Sold prices and rental history: sold 3 times, last in March 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 2 April 2021
Last soldAED 1M10 March 2021
Current rentAED 92K /yr2 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Al Ghozlan 2

What is 405 worth today?

Last sold for AED 1,000,000 in 2021

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2 Apr 2021RentedNew contract
AED 92,000/yr12 months · AED 65 per sqft
10 Mar 2021SoldReady
AED 1,000,000AED 705 per sqft
7 Feb 2020RentedRenewal
AED 105,000/yr12 months · AED 74 per sqft
7 Feb 2019RentedNew contract
AED 105,000/yr12 months · AED 74 per sqft
28 Sep 2017RentedNew contract
AED 121,294/yr12 months · AED 85 per sqft
10 Aug 2016RentedRenewal
AED 114,692/yr12 months · AED 81 per sqft
10 Aug 2015RentedRenewal
AED 115,000/yr12 months · AED 81 per sqft
10 Aug 2014RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 2 April 2021.

Key facts

Type
2-bed apartment
Size
1,417 sqft
Floor
4th of 7
Parking
1.
Service charge
AED 23,600 /yr
Last sold
AED 1M · March 2021
Building
Al Ghozlan 2

About 405, Al Ghozlan 2

405 is a two-bedroom apartment of 1,417 sqft on the 4th floor of Al Ghozlan 2, a 7-storey tower in The Greens. It last sold on 10 March 2021 for AED 1,000,000, or AED 705 per sqft.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 2 April 2021, is AED 92,000 a year: a gross yield of 9.2% on the 2021 price, before the service charge of about AED 23,600 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, August 2007: AED 1,270,000 (AED 896 per sqft)Sold, January 2010: AED 800,000 (AED 564 per sqft)Sold, March 2021: AED 1,000,000 (AED 705 per sqft)

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

Rents
Unit 405, 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 130,000New contract, August 2012: AED 90,000 a yearNew contract, August 2013: AED 100,000 a yearNew contract, August 2014: AED 110,000 a yearRenewal, August 2015: AED 115,000 a yearRenewal, August 2016: AED 114,692 a yearNew contract, September 2017: AED 121,294 a yearNew contract, February 2019: AED 105,000 a yearRenewal, February 2020: AED 105,000 a yearNew contract, April 2021: AED 92,000 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 405 sits

All 33 2-beds →

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. 405's AED 92,000 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 4th floor

All 108 units in Al Ghozlan 2
Value
4011-bedAED 705K · Nov 2007
4021-bedAED 500K · Oct 2025
4031-bedAED 1.2M · Nov 2024
4041-bedAED 676K · Jan 2009
4061-bedAED 1.6M · Nov 2025
4071-bedAED 1.28M · Mar 2024
4081-bedAED 1M · Jun 2015
1–7 of 18

405, Al Ghozlan 2 in numbers

  • Sold 3 times: first on 5 August 2007 for AED 1,270,000, last on 10 March 2021 for AED 1,000,000 (AED 705 per sqft).
  • Rented since August 2012 on 9 Ejari contracts, from AED 90,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2021 price is 9.2%, before a service charge of about AED 23,600 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 2 April 2021.

Questions about 405, Al Ghozlan 2

What did unit 405 last sell for?

AED 1,000,000 on 10 March 2021: AED 705 per sqft for 1,417 sqft. The unit has 3 registered sales; the first was AED 1,270,000 in August 2007.

What is the rent for unit 405?

AED 92,000 a year on the contract signed on 2 April 2021. The previous contract, from February 2020, was AED 105,000; the unit has been rented since August 2012.

How big is unit 405?

1,417 sqft (131.6 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 405 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 405, Al Ghozlan 2

Starts from the last sale price (AED 1M, 10 March 2021). 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 →