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1-bed · 1,003 sqftAl Ghozlan 4, The Greens · Ground floor

G16, Al Ghozlan 4

Sold prices and rental history: sold twice, last in January 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G16 · DLD and Ejari recordsUpdated 8 November 2023
Last soldAED 565K16 January 2012
Current rentAED 50K /yr8 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G16, Al Ghozlan 4

What is G16 worth today?

Last sold for AED 565,000 in 2012

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8 Nov 2023RentedRenewal
AED 50,000/yr24 months · AED 50 per sqft
8 Nov 2021RentedRenewal
AED 50,000/yr24 months · AED 50 per sqft
8 Nov 2019RentedRenewal
AED 50,000/yr24 months · AED 50 per sqft
8 Nov 2017RentedRenewal
AED 50,000/yr24 months · AED 50 per sqft
8 Nov 2016RentedRenewal
AED 50,000/yr12 months · AED 50 per sqft
8 Nov 2015RentedRenewal
AED 50,000/yr12 months · AED 50 per sqft
8 Nov 2014RentedNew contract
AED 50,000/yr12 months · AED 50 per sqft
16 Jan 2012SoldReady
AED 565,000AED 563 per sqft

Source: Dubai Land Department. Updated 8 November 2023.

Key facts

Type
1-bed apartment
Size
1,003 sqft
Floor
Ground of 7
Parking
295.
Service charge
AED 16,700 /yr
Last sold
AED 565K · January 2012
Building
Al Ghozlan 4

About G16, Al Ghozlan 4

G16 is a one-bedroom apartment of 1,003 sqft on the ground floor of Al Ghozlan 4, a 7-storey tower in The Greens. It last sold on 16 January 2012 for AED 565,000, or AED 563 per sqft, 22% below the AED 718 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 8 November 2023, is AED 50,000 a year: a gross yield of 8.8% on the 2012 price, before the service charge of about AED 16,700 a year.

Sales and rents for G16 over time

Sales
Unit G16, 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, January 2012: AED 565,000 (AED 563 per sqft)Sold by developer, January 2012: AED 878,888 (AED 876 per sqft)

G16 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G16, 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, November 2014: AED 50,000 a yearRenewal, November 2015: AED 50,000 a yearRenewal, November 2016: AED 50,000 a yearRenewal, November 2017: AED 50,000 a yearRenewal, November 2019: AED 50,000 a yearRenewal, November 2021: AED 50,000 a yearRenewal, November 2023: AED 50,000 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 G16 sits

All 65 1-beds →

G16 last sold in January 2012 at AED 563 per sqft, 22% below what one-beds in Al Ghozlan 4 were fetching at the time (AED 718). 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. G16's AED 50,000 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
G031-bedAED 489K · Aug 2010
G041-bedAED 980K · Jul 2018
G052-bedAED 1.95M · Jan 2017
G061-bedAED 990K · Oct 2015
G071-bedAED 1.15M · Jun 2023
1–7 of 18

G16, Al Ghozlan 4 in numbers

  • Sold twice: first on 12 January 2012 for AED 878,888, last on 16 January 2012 for AED 565,000 (AED 563 per sqft).
  • Rented since November 2014 on 7 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2012 price is 8.8%, before a service charge of about AED 16,700 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 8 November 2023.

Questions about G16, Al Ghozlan 4

What did unit G16 last sell for?

AED 565,000 on 16 January 2012: AED 563 per sqft for 1,003 sqft. The unit has 2 registered sales; the first was AED 878,888 in January 2012.

What is the rent for unit G16?

AED 50,000 a year on the contract renewed on 8 November 2023. The previous contract, from November 2021, was AED 50,000; the unit has been rented since November 2014.

How big is unit G16?

1,003 sqft (93.2 sqm): a one-bedroom apartment on the ground floor of a 7-storey tower.

What is unit G16 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 G16, Al Ghozlan 4

Starts from the last sale price (AED 565K, 16 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

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