1-bed · 758 sqftAl Ghozlan 4, The Greens · 4th floor

407, Al Ghozlan 4

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

Unit 407 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 860K14 May 2013
Current rentAED 75K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Al Ghozlan 4

What is 407 worth today?

Last sold for AED 860,000 in 2013

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10 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 99 per sqft
3 Oct 2023RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft
1 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
12 Sep 2021RentedNew contract
AED 42,000/yr12 months · AED 56 per sqft
31 Oct 2013RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
14 May 2013SoldReady
AED 860,000AED 1,134 per sqft
20 Feb 2011Sold by developerReady
AED 894,888AED 1,180 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
4th of 7
Parking
280.
Service charge
AED 12,600 /yr
Last sold
AED 860K · May 2013
Building
Al Ghozlan 4

About 407, Al Ghozlan 4

407 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Ghozlan 4, a 7-storey tower in The Greens. It last sold on 14 May 2013 for AED 860,000, or AED 1,134 per sqft, 4% above the AED 1,090 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 10 October 2024, is AED 75,000 a year: a gross yield of 8.7% on the 2013 price, before the service charge of about AED 12,600 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, February 2011: AED 894,888 (AED 1,180 per sqft)Sold, May 2013: AED 860,000 (AED 1,134 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Al Ghozlan 4
40K60K80K2012201620202024Typical 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 2013: AED 75,000 a yearNew contract, September 2021: AED 42,000 a yearNew contract, October 2022: AED 60,000 a yearNew contract, October 2023: AED 80,000 a yearNew contract, October 2024: AED 75,000 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 407 sits

All 65 1-beds →

407 last sold in May 2013 at AED 1,134 per sqft, 4% above what one-beds in Al Ghozlan 4 were fetching at the time (AED 1,090). 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. 407's AED 75,000 is in the lower 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 4th floor

All 118 units in Al Ghozlan 4
Value
4011-bedAED 850K · Jan 2023
4021-bedAED 1.15M · Feb 2017
4031-bedAED 1.33M · Apr 2026
4041-bedAED 1M · Jun 2023
4052-bedAED 2.25M · Mar 2025
4061-bedAED 1.1M · May 2025
4081-bedAED 900K · Aug 2017
1–7 of 20

407, Al Ghozlan 4 in numbers

  • Sold twice: first on 20 February 2011 for AED 894,888, last on 14 May 2013 for AED 860,000 (AED 1,134 per sqft).
  • Rented since October 2013 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 42,000 in 2021 and recovered to AED 75,000 by October 2024.
  • At AED 75,000 a year the gross yield on the 2013 price is 8.7%, before a service charge of about AED 12,600 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 10 October 2024.

Questions about 407, Al Ghozlan 4

What did unit 407 last sell for?

AED 860,000 on 14 May 2013: AED 1,134 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 894,888 in February 2011.

What is the rent for unit 407?

AED 75,000 a year on the contract signed on 10 October 2024. The previous contract, from October 2023, was AED 80,000; the unit has been rented since October 2013.

How big is unit 407?

758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 407 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 407, Al Ghozlan 4

Starts from the last sale price (AED 860K, 14 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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