518, Al Ghozlan 2
Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 518, Al Ghozlan 2
What is 518 worth today?
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Source: Dubai Land Department. Updated 28 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,281 sqft
- Floor
- 5th of 7
- Parking
- 15.
- Service charge
- AED 21,300 /yr
- Last sold
- AED 1.68M · March 2024
- Building
- Al Ghozlan 2
About 518, Al Ghozlan 2
518 is a two-bedroom apartment of 1,281 sqft on the 5th floor of Al Ghozlan 2, a 7-storey tower in The Greens. It last sold on 6 March 2024 for AED 1,680,000, or AED 1,311 per sqft, 14% above the AED 1,155 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 28 November 2024, is AED 109,441 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 21,300 a year.
Sales and rents for 518 over time
518 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 518 sits
All 33 2-beds →518 last sold in March 2024 at AED 1,311 per sqft, 14% above what two-beds in Al Ghozlan 2 were fetching at the time (AED 1,155). 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. 518's AED 109,441 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jul 202614 July 2026 | 1,127 sqft | 1,780,000 | 1,579 | ||
| 16 Mar 202616 March 2026 | 1,127 sqft | 2,450,000 | 2,174 | ||
| 26 Dec 202526 December 2025 | 1,091 sqft | 1,710,000 | 1,567 | ||
| 23 Dec 202523 December 2025 | 1,127 sqft | 1,875,000 | 1,664 |
Al Ghozlan 2
Building108 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%
Other units on the 5th floor
All 108 units in Al Ghozlan 2518, Al Ghozlan 2 in numbers
- Sold 3 times: first on 7 February 2011 for AED 1,670,000, last on 6 March 2024 for AED 1,680,000 (AED 1,311 per sqft).
- Rented since July 2012 on 12 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2020 and recovered to AED 109,441 by November 2024.
- At AED 109,441 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 21,300 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 28 November 2024.
Questions about 518, Al Ghozlan 2
What did unit 518 last sell for?
AED 1,680,000 on 6 March 2024: AED 1,311 per sqft for 1,281 sqft. The unit has 3 registered sales; the first was AED 1,670,000 in February 2011.
What is the rent for unit 518?
AED 109,441 a year on the contract signed on 28 November 2024. The previous contract, from November 2023, was AED 100,000; the unit has been rented since July 2012.
How big is unit 518?
1,281 sqft (119.0 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower.
What is unit 518 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 518, Al Ghozlan 2
Starts from the last sale price (AED 1.68M, 6 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,680,000
- Deposit, UAE resident (20%)
- AED 336,000
- Deposit, non-resident (40%)
- AED 672,000
- Monthly over 25 years at 3.7%
- AED 6,873
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →