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2-bed · 1,281 sqftAl Ghozlan 2, The Greens · 6th floor

618, Al Ghozlan 2

Sold prices and rental history: sold 4 times, last in May 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 618 · DLD and Ejari recordsUpdated 2 May 2019
Last soldAED 1.25M2 May 2019
Current rentAED 105K /yr12 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 618, Al Ghozlan 2

What is 618 worth today?

Last sold for AED 1,250,000 in 2019

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2 May 2019SoldReady
AED 1,250,000AED 975 per sqft
12 Aug 2018RentedNew contract
AED 105,000/yr12 months · AED 82 per sqft
1 Jan 2018RentedRenewal
AED 135,000/yr7 months · AED 105 per sqft
1 Aug 2017RentedRenewal
AED 135,000/yr5 months · AED 105 per sqft
2 Nov 2016SoldReady
AED 1,750,000AED 1,365 per sqft
1 Aug 2016RentedNew contract
AED 135,000/yr12 months · AED 105 per sqft
20 Apr 2015RentedNew contract
AED 147,000/yr12 months · AED 115 per sqft
12 Jul 2014RentedNew contract
AED 140,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 2 May 2019.

Key facts

Type
2-bed apartment
Size
1,281 sqft
Floor
6th of 7
Parking
17.
Service charge
AED 21,300 /yr
Last sold
AED 1.25M · May 2019
Building
Al Ghozlan 2

About 618, Al Ghozlan 2

618 is a two-bedroom apartment of 1,281 sqft on the 6th floor of Al Ghozlan 2, a 7-storey tower in The Greens. It last sold on 2 May 2019 for AED 1,250,000, or AED 975 per sqft.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 12 August 2018, is AED 105,000 a year: a gross yield of 8.4% on the 2019 price, before the service charge of about AED 21,300 a year.

Sales and rents for 618 over time

Sales
Unit 618, 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, December 2007: AED 662,500 (AED 516 per sqft)Sold, July 2008: AED 2,200,000 (AED 1,716 per sqft)Sold, November 2016: AED 1,750,000 (AED 1,365 per sqft)Sold, May 2019: AED 1,250,000 (AED 975 per sqft)

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

Rents
Unit 618, 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, July 2014: AED 140,000 a yearNew contract, April 2015: AED 147,000 a yearNew contract, August 2016: AED 135,000 a yearRenewal, August 2017: AED 135,000 a yearRenewal, January 2018: AED 135,000 a yearNew contract, August 2018: AED 105,000 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 618 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. 618's AED 105,000 is in the lower half 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 6th floor

All 108 units in Al Ghozlan 2
Value
6151-bedAED 1.08M · Dec 2014
6161-bedAED 975K · Oct 2013
6172-bedAED 1.77M · May 2014
6192-bedAED 2M · Jul 2025

618, Al Ghozlan 2 in numbers

  • Sold 4 times: first on 16 December 2007 for AED 662,500, last on 2 May 2019 for AED 1,250,000 (AED 975 per sqft).
  • Rented since July 2014 on 6 Ejari contracts, from AED 140,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2019 price is 8.4%, 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 2 May 2019.

Questions about 618, Al Ghozlan 2

What did unit 618 last sell for?

AED 1,250,000 on 2 May 2019: AED 975 per sqft for 1,281 sqft. The unit has 4 registered sales; the first was AED 662,500 in December 2007.

What is the rent for unit 618?

AED 105,000 a year on the contract signed on 12 August 2018. The previous contract, from January 2018, was AED 135,000; the unit has been rented since July 2014.

How big is unit 618?

1,281 sqft (119.0 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower.

What is unit 618 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 618, Al Ghozlan 2

Starts from the last sale price (AED 1.25M, 2 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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