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2-bed · 1,286 sqftAl Ghozlan 4, The Greens · 7th floor

718, Al Ghozlan 4

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 718 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 1.95M20 June 2024
Current rentAED 79K /yr10 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 718, Al Ghozlan 4

What is 718 worth today?

Last sold for AED 1,950,000 in 2024

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20 Jun 2024SoldReady
AED 1,950,000AED 1,516 per sqft
10 Jan 2021RentedRenewal
AED 79,000/yr12 months · AED 62 per sqft
10 Jan 2020RentedRenewal
AED 92,500/yr12 months · AED 72 per sqft
10 Jan 2019RentedRenewal
AED 105,000/yr12 months · AED 82 per sqft
10 Jan 2018RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft
22 Nov 2015SoldReady
AED 1,650,000AED 1,283 per sqft
7 Jul 2008Sold by developerReady
AED 820,000AED 637 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
2-bed apartment
Size
1,286 sqft
Floor
7th of 7
Parking
225.
Service charge
AED 21,400 /yr
Last sold
AED 1.95M · June 2024
Building
Al Ghozlan 4

About 718, Al Ghozlan 4

718 is a two-bedroom apartment of 1,286 sqft on the 7th floor of Al Ghozlan 4, a 7-storey tower in The Greens. It last sold on 20 June 2024 for AED 1,950,000, or AED 1,516 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 10 January 2021, is AED 79,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 21,400 a year.

Sales and rents for 718 over time

Sales
Unit 718, each saleTypical two-bed in Al Ghozlan 4
1M2M2008201320182023Typical sale price by year: 2008 AED 1,342,428; 2009 AED 1,405,888; 2010 AED 1,286,977; 2011 AED 1,500,000; 2012 AED 955,325; 2013 AED 1,525,000; 2015 AED 1,775,000; 2016 AED 1,670,000; 2017 AED 1,710,000; 2022 AED 868,672; 2023 AED 1,110,000; 2025 AED 2,200,000Sold by developer, July 2008: AED 820,000 (AED 637 per sqft)Sold, November 2015: AED 1,650,000 (AED 1,283 per sqft)Sold, June 2024: AED 1,950,000 (AED 1,516 per sqft)

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

Rents
Unit 718, each contractTypical two-bed in Al Ghozlan 4
75K100K125K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 115,000; 2014 AED 115,000; 2015 AED 125,000; 2016 AED 127,500; 2017 AED 120,750; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 79,000; 2021 AED 77,000; 2022 AED 87,000; 2023 AED 95,000; 2024 AED 111,650; 2025 AED 120,000; 2026 AED 120,000New contract, January 2018: AED 110,000 a yearRenewal, January 2019: AED 105,000 a yearRenewal, January 2020: AED 92,500 a yearRenewal, January 2021: AED 79,000 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 4, and where 718 sits

All 33 2-beds →

Over the last 12 months two-beds sold for AED 2,150,000 to 2,250,000, around AED 1,713 per sqft, and rent for AED 90,000 to 138,082 a year. 718's AED 79,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Mar 20262,250,000
3 Mar 20262,245,000
25 Dec 20252,150,000
15 May 20252,300,000
3 2-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 7th floor

All 118 units in Al Ghozlan 4
Value
7151-bedAED 1.6M · Feb 2025
7161-bedAED 1.05M · Feb 2015
7172-bedAED 1M · Jun 2022
7192-bedAED 1.5M · Apr 2008

718, Al Ghozlan 4 in numbers

  • Sold 3 times: first on 7 July 2008 for AED 820,000, last on 20 June 2024 for AED 1,950,000 (AED 1,516 per sqft).
  • Rented since January 2018 on 4 Ejari contracts, from AED 110,000 to AED 79,000 a year.
  • At AED 79,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 21,400 a year (AED 16.62 per sqft).
  • Two-beds in Al Ghozlan 4 sold for AED 2,150,000–2,250,000 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 20 June 2024.

Questions about 718, Al Ghozlan 4

What did unit 718 last sell for?

AED 1,950,000 on 20 June 2024: AED 1,516 per sqft for 1,286 sqft. The unit has 3 registered sales; the first was AED 820,000 in July 2008.

What is the rent for unit 718?

AED 79,000 a year on the contract renewed on 10 January 2021. The previous contract, from January 2020, was AED 92,500; the unit has been rented since January 2018.

How big is unit 718?

1,286 sqft (119.5 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower.

What is unit 718 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 4 sold for AED 2,150,000 to 2,250,000 in the last 12 months, around AED 1,713 per sqft.

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Mortgage on 718, Al Ghozlan 4

Starts from the last sale price (AED 1.95M, 20 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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