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2-bed · 1,127 sqftAl Ghozlan 3, The Greens · 4th floor

417, Al Ghozlan 3

Sold prices and rental history: sold once, by the developer in March 2008, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 1.25M25 March 2008
Current rentAED 97K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 417, Al Ghozlan 3

What is 417 worth today?

Last sold for AED 1,246,399 in 2008

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20 May 2024RentedRenewal
AED 96,600/yr12 months · AED 85 per sqft
20 May 2024RentedRenewal
AED 96,600/yr12 months · AED 85 per sqft
20 May 2023RentedRenewal
AED 80,500/yr12 months · AED 71 per sqft
20 May 2022RentedNew contract
AED 70,000/yr12 months · AED 62 per sqft
25 Mar 2008Sold by developerReady
AED 1,246,399AED 1,106 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
2-bed apartment
Size
1,127 sqft
Floor
4th of 7
Parking
149.
Service charge
AED 18,700 /yr
Last sold
AED 1.25M · March 2008
Building
Al Ghozlan 3

About 417, Al Ghozlan 3

417 is a two-bedroom apartment of 1,127 sqft on the 4th floor of Al Ghozlan 3, a 7-storey tower in The Greens. The developer sold it on 25 March 2008 for AED 1,246,399, or AED 1,106 per sqft, in line with the AED 1,092 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 20 May 2024, is AED 96,600 a year: a gross yield of 7.8% on the 2008 price, before the service charge of about AED 18,700 a year.

Sales and rents for 417 over time

Sales
Unit 417, each saleTypical two-bed in Al Ghozlan 3
1M1.5M2008201220162020Typical 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, March 2008: AED 1,246,399 (AED 1,106 per sqft)

417 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 417, 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, May 2022: AED 70,000 a yearRenewal, May 2023: AED 80,500 a yearRenewal, May 2024: AED 96,600 a yearRenewal, May 2024: AED 96,600 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 417 sits

All 33 2-beds →

417 last sold in March 2008 at AED 1,106 per sqft, in line with what two-beds in Al Ghozlan 3 were fetching at the time (AED 1,092). 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. 417's AED 96,600 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
4052-bedAED 1.83M · Jan 2014
4061-bedAED 1.5M · Jan 2026
4071-bedAED 895K · May 2013
1–7 of 18

417, Al Ghozlan 3 in numbers

  • Sold once: by the developer on 25 March 2008 for AED 1,246,399, or AED 1,106 per sqft.
  • Rented since May 2022 on 4 Ejari contracts, from AED 70,000 to AED 96,600 a year.
  • At AED 96,600 a year the gross yield on the 2008 price is 7.8%, before a service charge of about AED 18,700 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 20 May 2024.

Questions about 417, Al Ghozlan 3

What did unit 417 last sell for?

AED 1,246,399 on 25 March 2008, sold by the developer: AED 1,106 per sqft for 1,127 sqft. It is the only registered sale of the unit.

What is the rent for unit 417?

AED 96,600 a year on the contract renewed on 20 May 2024. The previous contract, from May 2024, was AED 96,600; the unit has been rented since May 2022.

How big is unit 417?

1,127 sqft (104.7 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 417 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 417, Al Ghozlan 3

Starts from the last sale price (AED 1.25M, 25 March 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,246,399
Deposit, UAE resident (20%)
AED 249,280
Deposit, non-resident (40%)
AED 498,560
Monthly over 25 years at 3.7%
AED 5,099

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