1-bed · 754 sqftAl Ghozlan 2, The Greens · 4th floor

414, Al Ghozlan 2

Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 400K30 September 2018
Current rentAED 74K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, Al Ghozlan 2

What is 414 worth today?

Last sold for AED 400,000 in 2018

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10 Jun 2024RentedRenewal
AED 73,500/yr12 months · AED 98 per sqft
10 Jun 2023RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft
15 Apr 2021RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
3 Jul 2019RentedNew contract
AED 53,000/yr12 months · AED 70 per sqft
30 Sep 2018SoldReady
AED 400,000AED 530 per sqft
30 Mar 2018RentedRenewal
AED 80,000/yr12 months · AED 106 per sqft
30 Mar 2017RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft
30 Mar 2016RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
4th of 7
Parking
57.
Service charge
AED 12,500 /yr
Last sold
AED 400K · September 2018
Building
Al Ghozlan 2

About 414, Al Ghozlan 2

414 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 30 September 2018 for AED 400,000, or AED 530 per sqft, 20% below the AED 664 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 73,500 a year: a gross yield of 18.4% on the 2018 price, before the service charge of about AED 12,500 a year.

Sales and rents for 414 over time

Sales
Unit 414, 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, February 2009: AED 940,000 (AED 1,247 per sqft)Sold, September 2018: AED 400,000 (AED 530 per sqft)

414 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 414, each contractTypical one-bed in Al Ghozlan 2
50K75K2012201620202024Typical 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, February 2015: AED 85,000 a yearNew contract, March 2016: AED 80,000 a yearNew contract, March 2017: AED 80,000 a yearRenewal, March 2018: AED 80,000 a yearNew contract, July 2019: AED 53,000 a yearNew contract, April 2021: AED 40,000 a yearNew contract, June 2023: AED 70,000 a yearRenewal, June 2024: AED 73,500 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 414 sits

All 75 1-beds →

414 last sold in September 2018 at AED 530 per sqft, 20% below what one-beds in Al Ghozlan 2 were fetching at the time (AED 664). 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. 414's AED 73,500 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

414, Al Ghozlan 2 in numbers

  • Sold twice: first on 22 February 2009 for AED 940,000, last on 30 September 2018 for AED 400,000 (AED 530 per sqft).
  • Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 40,000 in 2021 and recovered to AED 73,500 by June 2024.
  • At AED 73,500 a year the gross yield on the 2018 price is 18.4%, 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 10 June 2024.

Questions about 414, Al Ghozlan 2

What did unit 414 last sell for?

AED 400,000 on 30 September 2018: AED 530 per sqft for 754 sqft. The unit has 2 registered sales; the first was AED 940,000 in February 2009.

What is the rent for unit 414?

AED 73,500 a year on the contract renewed on 10 June 2024. The previous contract, from June 2023, was AED 70,000; the unit has been rented since February 2015.

How big is unit 414?

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

What is unit 414 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 414, Al Ghozlan 2

Starts from the last sale price (AED 400K, 30 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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