1-bed · 768 sqftAl Ghozlan 4, The Greens · 6th floor

616, Al Ghozlan 4

Sold prices and rental history: sold 3 times, last in August 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 23 March 2024
Last soldAED 1.05M30 August 2015
Current rentAED 73K /yr23 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Al Ghozlan 4

What is 616 worth today?

Last sold for AED 1,050,000 in 2015

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23 Mar 2024RentedNew contract
AED 73,000/yr12 months · AED 96 per sqft
1 Apr 2023RentedNew contract
AED 68,000/yr12 months · AED 89 per sqft
16 Aug 2021RentedRenewal
AED 42,000/yr12 months · AED 55 per sqft
16 Aug 2020RentedRenewal
AED 42,000/yr12 months · AED 55 per sqft
16 Aug 2019RentedNew contract
AED 56,000/yr12 months · AED 73 per sqft
1 Aug 2017RentedRenewal
AED 80,000/yr12 months · AED 105 per sqft
1 Aug 2016RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
30 Aug 2015SoldReady
AED 1,050,000AED 1,367 per sqft

Source: Dubai Land Department. Updated 23 March 2024.

Key facts

Type
1-bed apartment
Size
768 sqft
Floor
6th of 7
Parking
260.
Service charge
AED 12,800 /yr
Last sold
AED 1.05M · August 2015
Building
Al Ghozlan 4

About 616, Al Ghozlan 4

616 is a one-bedroom apartment of 768 sqft on the 6th floor of Al Ghozlan 4, a 7-storey tower in The Greens. It last sold on 30 August 2015 for AED 1,050,000, or AED 1,367 per sqft, in line with the AED 1,346 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 23 March 2024, is AED 73,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 12,800 a year.

Sales and rents for 616 over time

Sales
Unit 616, 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, June 2008: AED 830,657 (AED 1,082 per sqft)Sold, June 2008: AED 1,400,000 (AED 1,823 per sqft)Sold, August 2015: AED 1,050,000 (AED 1,367 per sqft)

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

Rents
Unit 616, each contractTypical one-bed in Al Ghozlan 4
50K75K2012201620202024Typical 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, December 2014: AED 90,000 a yearNew contract, August 2016: AED 80,000 a yearRenewal, August 2017: AED 80,000 a yearNew contract, August 2019: AED 56,000 a yearRenewal, August 2020: AED 42,000 a yearRenewal, August 2021: AED 42,000 a yearNew contract, April 2023: AED 68,000 a yearNew contract, March 2024: AED 73,000 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 616 sits

All 65 1-beds →

616 last sold in August 2015 at AED 1,367 per sqft, in line with what one-beds in Al Ghozlan 4 were fetching at the time (AED 1,346). 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. 616's AED 73,000 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 6th floor

All 118 units in Al Ghozlan 4
Value
6151-bedAED 1.24M · Aug 2025
6172-bedAED 1.26M · Jul 2008
6182-bedAED 525K · Dec 2019
6192-bedAED 1.2M · Mar 2021

616, Al Ghozlan 4 in numbers

  • Sold 3 times: first on 15 June 2008 for AED 1,400,000, last on 30 August 2015 for AED 1,050,000 (AED 1,367 per sqft).
  • Rented since December 2014 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 42,000 in 2021 and recovered to AED 73,000 by March 2024.
  • At AED 73,000 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 12,800 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 23 March 2024.

Questions about 616, Al Ghozlan 4

What did unit 616 last sell for?

AED 1,050,000 on 30 August 2015: AED 1,367 per sqft for 768 sqft. The unit has 3 registered sales; the first was AED 1,400,000 in June 2008.

What is the rent for unit 616?

AED 73,000 a year on the contract signed on 23 March 2024. The previous contract, from April 2023, was AED 68,000; the unit has been rented since December 2014.

How big is unit 616?

768 sqft (71.3 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower.

What is unit 616 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 616, Al Ghozlan 4

Starts from the last sale price (AED 1.05M, 30 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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