2-bed · 1,417 sqftAl Ghozlan 3, The Greens · 4th floor

405, Al Ghozlan 3

Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 17 November 2021
Last soldAED 1.83M19 January 2014
Current rentAED 95K /yr17 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Al Ghozlan 3

What is 405 worth today?

Last sold for AED 1,830,000 in 2014

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17 Nov 2021RentedNew contract
AED 95,000/yr12 months · AED 67 per sqft
5 Jul 2021RentedRenewal
AED 80,000/yr12 months · AED 56 per sqft
5 Jul 2020RentedNew contract
AED 80,000/yr12 months · AED 56 per sqft
20 Apr 2019RentedRenewal
AED 110,000/yr12 months · AED 77 per sqft
20 Apr 2018RentedRenewal
AED 120,750/yr12 months · AED 85 per sqft
20 Apr 2017RentedRenewal
AED 120,750/yr12 months · AED 85 per sqft
20 Apr 2016RentedRenewal
AED 120,750/yr12 months · AED 85 per sqft
20 Apr 2015RentedRenewal
AED 120,750/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 17 November 2021.

Key facts

Type
2-bed apartment
Size
1,417 sqft
Floor
4th of 7
Parking
166.
Service charge
AED 23,600 /yr
Last sold
AED 1.83M · January 2014
Building
Al Ghozlan 3

About 405, Al Ghozlan 3

405 is a two-bedroom apartment of 1,417 sqft on the 4th floor of Al Ghozlan 3, a 7-storey tower in The Greens. It last sold on 19 January 2014 for AED 1,830,000, or AED 1,291 per sqft, 6% above the AED 1,221 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 17 November 2021, is AED 95,000 a year: a gross yield of 5.2% on the 2014 price, before the service charge of about AED 23,600 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Al Ghozlan 3
1M2M2008201220162020Typical sale price by year: 2008 AED 1,396,020; 2009 AED 1,299,929; 2010 AED 1,399,893; 2011 AED 1,200,000; 2012 AED 1,202,500; 2013 AED 1,557,500; 2014 AED 1,750,000; 2015 AED 1,356,921; 2016 AED 1,630,000; 2020 AED 935,000; 2022 AED 1,290,000Sold by developer, September 2008: AED 2,400,000 (AED 1,693 per sqft)Sold, September 2008: AED 1,463,617 (AED 1,032 per sqft)Sold, January 2014: AED 1,830,000 (AED 1,291 per sqft)

405 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, each contractTypical two-bed in Al Ghozlan 3
100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 112,500; 2014 AED 127,500; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 100,000; 2020 AED 89,000; 2021 AED 80,000; 2022 AED 85,250; 2023 AED 97,000; 2024 AED 120,000; 2025 AED 140,000; 2026 AED 122,588New contract, March 2013: AED 90,000 a yearNew contract, April 2014: AED 115,000 a yearRenewal, April 2015: AED 120,750 a yearRenewal, April 2016: AED 120,750 a yearRenewal, April 2017: AED 120,750 a yearRenewal, April 2018: AED 120,750 a yearRenewal, April 2019: AED 110,000 a yearNew contract, July 2020: AED 80,000 a yearRenewal, July 2021: AED 80,000 a yearNew contract, November 2021: AED 95,000 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 3, and where 405 sits

All 33 2-beds →

405 last sold in January 2014 at AED 1,291 per sqft, 6% above what two-beds in Al Ghozlan 3 were fetching at the time (AED 1,221). Over the last 12 months two-beds sold for AED 2,500,000, around AED 1,024 per sqft, and rent for AED 100,000 to 180,000 a year. 405's AED 95,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20262,500,000
8 Aug 20242,000,000
6 Jul 20231,390,000
21 Jun 20231,480,000
1 2-bed sale in the last 12 months

Al Ghozlan 3

Building

108 apartments, 1-bed to 2-bed over 7 floors in The Greens. 10 sold in the last 12 months.

Typical price per sqft
AED 1,801 Up 13.3%
Typical sale
AED 1.45M
Typical rent
AED 85K /yr
Typical yield
5.7%
Al Ghozlan 3, The Greens: prices, sales and rents →

Other units on the 4th floor

All 108 units in Al Ghozlan 3
Value
4011-bedAED 845K · Apr 2023
4021-bedAED 875K · Nov 2012
4031-bedAED 475K · May 2008
4041-bedAED 1.45M · Mar 2026
4061-bedAED 1.5M · Jan 2026
4071-bedAED 895K · May 2013
4081-bedAED 1.43M · Jan 2025
1–7 of 18

405, Al Ghozlan 3 in numbers

  • Sold 3 times: first on 8 September 2008 for AED 1,463,617, last on 19 January 2014 for AED 1,830,000 (AED 1,291 per sqft).
  • Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 80,000 in 2021 and recovered to AED 95,000 by November 2021.
  • At AED 95,000 a year the gross yield on the 2014 price is 5.2%, before a service charge of about AED 23,600 a year (AED 16.62 per sqft).
  • Two-beds in Al Ghozlan 3 sold for AED 2,500,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,801 per sqft.

Source: Dubai Land Department. Updated 17 November 2021.

Questions about 405, Al Ghozlan 3

What did unit 405 last sell for?

AED 1,830,000 on 19 January 2014: AED 1,291 per sqft for 1,417 sqft. The unit has 3 registered sales; the first was AED 1,463,617 in September 2008.

What is the rent for unit 405?

AED 95,000 a year on the contract signed on 17 November 2021. The previous contract, from July 2021, was AED 80,000; the unit has been rented since March 2013.

How big is unit 405?

1,417 sqft (131.6 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 405 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 3 sold for AED 2,500,000 to 2,500,000 in the last 12 months, around AED 1,024 per sqft.

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Mortgage on 405, Al Ghozlan 3

Starts from the last sale price (AED 1.83M, 19 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,830,000
Deposit, UAE resident (20%)
AED 366,000
Deposit, non-resident (40%)
AED 732,000
Monthly over 25 years at 3.7%
AED 7,487

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