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1-bed · 1,087 sqftAl Ghozlan 4, The Greens · Ground floor

G03, Al Ghozlan 4

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 20 October 2022
Last soldAED 489K12 August 2010
Current rentAED 60K /yr20 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G03, Al Ghozlan 4

What is G03 worth today?

Last sold for AED 489,311 in 2010

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20 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 55 per sqft
3 Sep 2019RentedRenewal
AED 77,500/yr12 months · AED 71 per sqft
3 Sep 2018RentedRenewal
AED 77,500/yr12 months · AED 71 per sqft
3 Sep 2017RentedNew contract
AED 77,500/yr12 months · AED 71 per sqft
3 Sep 2014RentedNew contract
AED 71,600/yr12 months · AED 66 per sqft
3 Sep 2013RentedNew contract
AED 71,600/yr12 months · AED 66 per sqft
12 Aug 2010Sold by developerReady
AED 489,311AED 449 per sqft

Source: Dubai Land Department. Updated 20 October 2022.

Key facts

Type
1-bed apartment
Size
1,087 sqft
Floor
Ground of 7
Parking
232.
Service charge
AED 18,100 /yr
Last sold
AED 489K · August 2010
Building
Al Ghozlan 4

About G03, Al Ghozlan 4

G03 is a one-bedroom apartment of 1,087 sqft on the ground floor of Al Ghozlan 4, a 7-storey tower in The Greens. The developer sold it on 12 August 2010 for AED 489,311, or AED 449 per sqft, 23% below the AED 581 one-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 20 October 2022, is AED 60,000 a year: a gross yield of 12.3% on the 2010 price, before the service charge of about AED 18,100 a year.

Sales and rents for G03 over time

Sales
Unit G03, 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, August 2010: AED 489,311 (AED 449 per sqft)

G03 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit G03, 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, September 2013: AED 71,600 a yearNew contract, September 2014: AED 71,600 a yearNew contract, September 2017: AED 77,500 a yearRenewal, September 2018: AED 77,500 a yearRenewal, September 2019: AED 77,500 a yearNew contract, October 2022: AED 60,000 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 G03 sits

All 65 1-beds →

G03 last sold in August 2010 at AED 449 per sqft, 23% below what one-beds in Al Ghozlan 4 were fetching at the time (AED 581). 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. G03's AED 60,000 is at the bottom 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 ground floor

All 118 units in Al Ghozlan 4
Value
G011-bedAED 1.1M · Feb 2024
G021-bedAED 1.45M · Sep 2026
G041-bedAED 980K · Jul 2018
G052-bedAED 1.95M · Jan 2017
G061-bedAED 990K · Oct 2015
G071-bedAED 1.15M · Jun 2023
G081-bedAED 660K · Oct 2021
1–7 of 18

G03, Al Ghozlan 4 in numbers

  • Sold once: by the developer on 12 August 2010 for AED 489,311, or AED 449 per sqft.
  • Rented since September 2013 on 6 Ejari contracts, from AED 71,600 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2010 price is 12.3%, before a service charge of about AED 18,100 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 20 October 2022.

Questions about G03, Al Ghozlan 4

What did unit G03 last sell for?

AED 489,311 on 12 August 2010, sold by the developer: AED 449 per sqft for 1,087 sqft. It is the only registered sale of the unit.

What is the rent for unit G03?

AED 60,000 a year on the contract signed on 20 October 2022. The previous contract, from September 2019, was AED 77,500; the unit has been rented since September 2013.

How big is unit G03?

1,087 sqft (101.0 sqm): a one-bedroom apartment on the ground floor of a 7-storey tower.

What is unit G03 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 G03, Al Ghozlan 4

Starts from the last sale price (AED 489K, 12 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 489,311
Deposit, UAE resident (20%)
AED 97,862
Deposit, non-resident (40%)
AED 195,724
Monthly over 25 years at 3.7%
AED 2,002

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