2-bed · 1,309 sqftAl Ghozlan 2, The Greens · 5th floor

519, Al Ghozlan 2

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 519 · DLD and Ejari recordsUpdated 26 July 2023
Last soldAED 1.5M26 July 2023
Current rentAED 90K /yr30 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 519, Al Ghozlan 2

What is 519 worth today?

Last sold for AED 1,500,000 in 2023

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26 Jul 2023SoldReady
AED 1,500,000AED 1,145 per sqft
30 Jul 2022RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
30 Jul 2021RentedNew contract
AED 82,000/yr12 months · AED 62 per sqft
7 Mar 2021SoldReady
AED 537,500AED 410 per sqft
30 Jul 2020RentedNew contract
AED 74,000/yr12 months · AED 56 per sqft
25 Nov 2018RentedNew contract
AED 105,000/yr12 months · AED 80 per sqft
25 Oct 2017RentedRenewal
AED 125,000/yr12 months · AED 95 per sqft
25 Oct 2016RentedRenewal
AED 140,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 26 July 2023.

Key facts

Type
2-bed apartment
Size
1,309 sqft
Floor
5th of 7
Parking
18.
Service charge
AED 21,800 /yr
Last sold
AED 1.5M · July 2023
Building
Al Ghozlan 2

About 519, Al Ghozlan 2

519 is a two-bedroom apartment of 1,309 sqft on the 5th floor of Al Ghozlan 2, a 7-storey tower in The Greens. It last sold on 26 July 2023 for AED 1,500,000, or AED 1,145 per sqft, 6% above the AED 1,083 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 30 July 2022, is AED 90,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 21,800 a year.

Sales and rents for 519 over time

Sales
Unit 519, 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, July 2008: AED 961,888 (AED 734 per sqft)Sold, July 2008: AED 2,100,000 (AED 1,603 per sqft)Sold, March 2021: AED 537,500 (AED 410 per sqft)Sold, July 2023: AED 1,500,000 (AED 1,145 per sqft)

519 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 519, each contractTypical two-bed in Al Ghozlan 2
100K150K2012201620202024Typical 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, October 2014: AED 140,000 a yearRenewal, October 2015: AED 140,000 a yearRenewal, October 2016: AED 140,000 a yearRenewal, October 2017: AED 125,000 a yearNew contract, November 2018: AED 105,000 a yearNew contract, July 2020: AED 74,000 a yearNew contract, July 2021: AED 82,000 a yearRenewal, July 2022: AED 90,000 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 519 sits

All 33 2-beds →

519 last sold in July 2023 at AED 1,145 per sqft, 6% above what two-beds in Al Ghozlan 2 were fetching at the time (AED 1,083). 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. 519's AED 90,000 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 5th floor

All 108 units in Al Ghozlan 2
Value
5151-bedAED 660K · Apr 2009
5161-bedAED 1.28M · Dec 2023
5172-bedAED 2.45M · Mar 2026
5182-bedAED 1.68M · Mar 2024

519, Al Ghozlan 2 in numbers

  • Sold 4 times: first on 8 July 2008 for AED 2,100,000, last on 26 July 2023 for AED 1,500,000 (AED 1,145 per sqft).
  • Rented since October 2014 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 74,000 in 2020 and recovered to AED 90,000 by July 2022.
  • At AED 90,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 21,800 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 26 July 2023.

Questions about 519, Al Ghozlan 2

What did unit 519 last sell for?

AED 1,500,000 on 26 July 2023: AED 1,145 per sqft for 1,309 sqft. The unit has 4 registered sales; the first was AED 2,100,000 in July 2008.

What is the rent for unit 519?

AED 90,000 a year on the contract renewed on 30 July 2022. The previous contract, from July 2021, was AED 82,000; the unit has been rented since October 2014.

How big is unit 519?

1,309 sqft (121.6 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower.

What is unit 519 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 519, Al Ghozlan 2

Starts from the last sale price (AED 1.5M, 26 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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