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1-bed · 755 sqftAl Ghozlan 4, The Greens · 3rd floor

316, Al Ghozlan 4

Sold prices and rental history: sold twice, last in March 2008, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 1.2M13 March 2008
Current rentAED 105K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 316, Al Ghozlan 4

What is 316 worth today?

Last sold for AED 1,200,000 in 2008

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15 Oct 2024RentedNew contract
AED 105,000/yr12 months · AED 139 per sqft
20 May 2022RentedNew contract
AED 45,000/yr13 months · AED 60 per sqft
8 Jun 2021RentedRenewal
AED 43,000/yr12 months · AED 57 per sqft
8 Jun 2020RentedNew contract
AED 45,000/yr12 months · AED 60 per sqft
5 Nov 2019RentedNew contract · flagged as an outlier
AED 15,000/yr12 months · AED 20 per sqft
1 Oct 2018RentedNew contract
AED 65,000/yr12 months · AED 86 per sqft
13 Mar 2008Sold by developerReady
AED 1,200,000AED 1,589 per sqft
13 Mar 2008SoldReady
AED 1,000,000AED 1,324 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
3rd of 7
Parking
287.
Service charge
AED 12,500 /yr
Last sold
AED 1.2M · March 2008
Building
Al Ghozlan 4

About 316, Al Ghozlan 4

316 is a one-bedroom apartment of 755 sqft on the 3rd floor of Al Ghozlan 4, a 7-storey tower in The Greens. The developer sold it on 13 March 2008 for AED 1,200,000, or AED 1,589 per sqft, 28% above the AED 1,237 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 15 October 2024, is AED 105,000 a year: a gross yield of 8.8% on the 2008 price, before the service charge of about AED 12,500 a year.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical one-bed in Al Ghozlan 4
500K1M1.5M2008201320182023Typical sale price by year: 2008 AED 894,888; 2009 AED 790,999; 2010 AED 482,378; 2011 AED 545,000; 2012 AED 565,046; 2013 AED 900,000; 2014 AED 1,175,000; 2015 AED 1,000,000; 2016 AED 803,428; 2017 AED 1,035,000; 2018 AED 890,000; 2021 AED 720,000; 2022 AED 695,543; 2023 AED 1,000,000; 2024 AED 1,100,000; 2025 AED 1,360,000; 2026 AED 1,365,000Sold by developer, March 2008: AED 1,200,000 (AED 1,589 per sqft)Sold, March 2008: AED 1,000,000 (AED 1,324 per sqft)

316 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 316, each contractTypical one-bed in Al Ghozlan 4
50K100K2012201620202024Typical rent by year: 2012 AED 67,500; 2013 AED 65,000; 2014 AED 80,000; 2015 AED 84,000; 2016 AED 83,000; 2017 AED 77,000; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 49,000; 2021 AED 45,000; 2022 AED 52,950; 2023 AED 63,663; 2024 AED 75,000; 2025 AED 83,500; 2026 AED 84,000New contract, October 2018: AED 65,000 a yearNew contract, June 2020: AED 45,000 a yearRenewal, June 2021: AED 43,000 a yearNew contract, May 2022: AED 45,000 a yearNew contract, October 2024: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Ghozlan 4, and where 316 sits

All 65 1-beds →

316 last sold in March 2008 at AED 1,589 per sqft, 28% above what one-beds in Al Ghozlan 4 were fetching at the time (AED 1,237). Over the last 12 months one-beds sold for AED 1,300,000 to 1,450,000, around AED 1,672 per sqft, and rent for AED 65,000 to 135,000 a year. 316's AED 105,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Sep 20261,450,000
2 Jun 20261,300,000
3 Apr 20261,330,000
21 Jan 20261,400,000
4 1-bed sales in the last 12 months

Al Ghozlan 4

Building

118 apartments, studios to 2-bed over 7 floors in The Greens. 9 sold in the last 12 months.

Typical price per sqft
AED 1,713
Typical sale
AED 1.4M
Typical rent
AED 85K /yr
Typical yield
6.5%
Al Ghozlan 4, The Greens: prices, sales and rents →

Other units on the 3rd floor

All 118 units in Al Ghozlan 4
Value
3011-bedAED 447K · Sep 2009
3021-bedAED 1.25M · Sep 2014
3031-bedAED 880K · Nov 2012
3041-bedAED 961K · Jun 2008
3052-bedAED 1.5M · May 2011
3061-bedAED 1.12M · Aug 2023
3071-bedAED 1.04M · Jul 2017
1–7 of 20

316, Al Ghozlan 4 in numbers

  • Sold twice: first on 13 March 2008 for AED 1,000,000, last on 13 March 2008 for AED 1,200,000 (AED 1,589 per sqft).
  • Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 15,000 in 2019 and recovered to AED 105,000 by October 2024.
  • At AED 105,000 a year the gross yield on the 2008 price is 8.8%, before a service charge of about AED 12,500 a year (AED 16.62 per sqft).
  • One-beds in Al Ghozlan 4 sold for AED 1,300,000–1,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,713 per sqft.

Source: Dubai Land Department. Updated 15 October 2024.

Questions about 316, Al Ghozlan 4

What did unit 316 last sell for?

AED 1,200,000 on 13 March 2008, sold by the developer: AED 1,589 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in March 2008.

What is the rent for unit 316?

AED 105,000 a year on the contract signed on 15 October 2024. The previous contract, from May 2022, was AED 45,000; the unit has been rented since October 2018.

How big is unit 316?

755 sqft (70.1 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 316 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Ghozlan 4 sold for AED 1,300,000 to 1,450,000 in the last 12 months, around AED 1,672 per sqft.

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Mortgage on 316, Al Ghozlan 4

Starts from the last sale price (AED 1.2M, 13 March 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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