2-bed · 1,309 sqftAl Ghozlan 3, The Greens · 5th floor

519, Al Ghozlan 3

Sold prices and rental history: sold 5 times, last in June 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 519 · DLD and Ejari recordsUpdated 21 June 2021
Last soldAED 1.15M21 June 2021
Current rentAED 84K /yr4 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 519, Al Ghozlan 3

What is 519 worth today?

Last sold for AED 1,150,000 in 2021

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21 Jun 2021SoldReady
AED 1,150,000AED 878 per sqft
4 Nov 2019RentedNew contract
AED 84,000/yr12 months · AED 64 per sqft
8 Apr 2019RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
8 Apr 2018RentedNew contract
AED 105,000/yr12 months · AED 80 per sqft
12 Apr 2017RentedNew contract
AED 124,309/yr12 months · AED 95 per sqft
14 Mar 2015RentedNew contract
AED 142,500/yr12 months · AED 109 per sqft
17 May 2013RentedNew contract
AED 118,000/yr12 months · AED 90 per sqft
25 Apr 2013SoldReady
AED 1,600,000AED 1,221 per sqft

Source: Dubai Land Department. Updated 21 June 2021.

Key facts

Type
2-bed apartment
Size
1,309 sqft
Floor
5th of 7
Parking
217.
Service charge
AED 21,800 /yr
Last sold
AED 1.15M · June 2021
Building
Al Ghozlan 3

About 519, Al Ghozlan 3

519 is a two-bedroom apartment of 1,309 sqft on the 5th floor of Al Ghozlan 3, a 7-storey tower in The Greens. It last sold on 21 June 2021 for AED 1,150,000, or AED 878 per sqft, in line with the AED 878 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 4 November 2019, is AED 84,000 a year: a gross yield of 7.3% on the 2021 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 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, November 2009: AED 1,367,020 (AED 1,043 per sqft)Sold, November 2009: AED 1,300,000 (AED 992 per sqft)Sold, February 2013: AED 1,600,000 (AED 1,221 per sqft)Sold, April 2013: AED 1,600,000 (AED 1,221 per sqft)Sold, June 2021: AED 1,150,000 (AED 878 per sqft)

519 has sold 5 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 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 2013: AED 118,000 a yearNew contract, March 2015: AED 142,500 a yearNew contract, April 2017: AED 124,309 a yearNew contract, April 2018: AED 105,000 a yearRenewal, April 2019: AED 90,000 a yearNew contract, November 2019: AED 84,000 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 519 sits

All 33 2-beds →

519 last sold in June 2021 at AED 878 per sqft, in line with what two-beds in Al Ghozlan 3 were fetching at the time (AED 878). 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. 519's AED 84,000 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 5th floor

All 108 units in Al Ghozlan 3
Value
5151-bedAED 740K · Feb 2019
5161-bedAED 1.37M · Mar 2026
5172-bedAED 1.25M · Jul 2008
5182-bedAED 1.2M · May 2021

519, Al Ghozlan 3 in numbers

  • Sold 5 times: first on 5 November 2009 for AED 1,300,000, last on 21 June 2021 for AED 1,150,000 (AED 878 per sqft).
  • Rented since May 2013 on 6 Ejari contracts, from AED 118,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2021 price is 7.3%, before a service charge of about AED 21,800 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 21 June 2021.

Questions about 519, Al Ghozlan 3

What did unit 519 last sell for?

AED 1,150,000 on 21 June 2021: AED 878 per sqft for 1,309 sqft. The unit has 5 registered sales; the first was AED 1,300,000 in November 2009.

What is the rent for unit 519?

AED 84,000 a year on the contract signed on 4 November 2019. The previous contract, from April 2019, was AED 90,000; the unit has been rented since May 2013.

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 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 519, Al Ghozlan 3

Starts from the last sale price (AED 1.15M, 21 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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