Home
Dubai prices
About
Research
1-bed · 754 sqftAl Ghozlan 2, The Greens · 4th floor

408, Al Ghozlan 2

Sold prices and rental history: sold 5 times, last in June 2015, and rented once, from June 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 17 June 2015
Last soldAED 1M17 June 2015
Current rentAED 79K /yr27 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 408

Property timeline for 408, Al Ghozlan 2

What is 408 worth today?

Last sold for AED 1,000,000 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

17 Jun 2015SoldReady
AED 1,000,000AED 1,326 per sqft
27 Jun 2014RentedNew contract
AED 78,750/yr12 months · AED 105 per sqft
19 Sep 2012SoldReady
AED 767,000AED 1,017 per sqft
30 May 2012SoldReady
AED 675,000AED 895 per sqft
5 Jun 2011SoldReady
AED 505,000AED 670 per sqft
5 May 2010Sold by developerReady
AED 925,000AED 1,227 per sqft

Source: Dubai Land Department. Updated 17 June 2015.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
4th of 7
Parking
62.
Service charge
AED 12,500 /yr
Last sold
AED 1M · June 2015
Building
Al Ghozlan 2

About 408, Al Ghozlan 2

408 is a one-bedroom apartment of 754 sqft on the 4th floor of Al Ghozlan 2, a 7-storey tower in The Greens. It last sold on 17 June 2015 for AED 1,000,000, or AED 1,326 per sqft, in line with the AED 1,326 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 June 2014. The current contract, signed on 27 June 2014, is AED 78,750 a year: a gross yield of 7.9% on the 2015 price, before the service charge of about AED 12,500 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, May 2010: AED 925,000 (AED 1,227 per sqft)Sold, June 2011: AED 505,000 (AED 670 per sqft)Sold, May 2012: AED 675,000 (AED 895 per sqft)Sold, September 2012: AED 767,000 (AED 1,017 per sqft)Sold, June 2015: AED 1,000,000 (AED 1,326 per sqft)

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

Rents
Unit 408, 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, June 2014: AED 78,750 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 408 sits

All 75 1-beds →

408 last sold in June 2015 at AED 1,326 per sqft, in line with what one-beds in Al Ghozlan 2 were fetching at the time (AED 1,326). 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. 408's AED 78,750 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 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
4052-bedAED 1M · Mar 2021
4061-bedAED 1.6M · Nov 2025
4071-bedAED 1.28M · Mar 2024
1–7 of 18

408, Al Ghozlan 2 in numbers

  • Sold 5 times: first on 5 May 2010 for AED 925,000, last on 17 June 2015 for AED 1,000,000 (AED 1,326 per sqft).
  • Rented since June 2014 on one Ejari contract, at AED 78,750 a year.
  • At AED 78,750 a year the gross yield on the 2015 price is 7.9%, 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 17 June 2015.

Questions about 408, Al Ghozlan 2

What did unit 408 last sell for?

AED 1,000,000 on 17 June 2015: AED 1,326 per sqft for 754 sqft. The unit has 5 registered sales; the first was AED 925,000 in May 2010.

What is the rent for unit 408?

AED 78,750 a year on the contract signed on 27 June 2014.

How big is unit 408?

754 sqft (70.0 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 408 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.

Selling 408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 408, Al Ghozlan 2

Starts from the last sale price (AED 1M, 17 June 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 →