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3-bed · 1,650 sqftAl Jaz 1, The Greens · 1st floor

103, Al Jaz 1

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 8 November 2024
Last soldAED 2.6M8 November 2024
Current rentAED 163K /yr6 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 103, Al Jaz 1

What is 103 worth today?

Last sold for AED 2,600,000 in 2024

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8 Nov 2024SoldReady
AED 2,600,000AED 1,576 per sqft
6 May 2024RentedRenewal
AED 163,000/yr12 months · AED 99 per sqft
6 May 2023RentedNew contract
AED 163,000/yr12 months · AED 99 per sqft
1 Mar 2022RentedRenewal
AED 118,000/yr12 months · AED 72 per sqft
1 Mar 2021RentedNew contract
AED 105,000/yr12 months · AED 64 per sqft
18 Mar 2018SoldReady
AED 1,650,000AED 1,000 per sqft
4 Mar 2010SoldReady
AED 1,550,000AED 939 per sqft
12 Jun 2007Sold by developerReady
AED 682,800AED 413 per sqft

Source: Dubai Land Department. Updated 8 November 2024.

Key facts

Type
3-bed apartment
Size
1,650 sqft
Floor
1st of 6
Parking
T1-B-30 , T1-B-41
Service charge
AED 26,800 /yr
Last sold
AED 2.6M · November 2024
Building
Al Jaz 1

About 103, Al Jaz 1

103 is a three-bedroom apartment of 1,650 sqft on the 1st floor of Al Jaz 1, a 6-storey tower in The Greens. It last sold on 8 November 2024 for AED 2,600,000, or AED 1,576 per sqft, 8% above the AED 1,464 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 6 May 2024, is AED 163,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 26,800 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical three-bed in Al Jaz 1
1M2M2007201220172022Typical sale price by year: 2007 AED 763,300; 2008 AED 1,050,000; 2009 AED 1,012,500; 2010 AED 837,900; 2011 AED 908,800; 2012 AED 1,387,500; 2013 AED 2,450,000; 2017 AED 2,100,000; 2020 AED 1,470,000; 2022 AED 1,615,000; 2023 AED 2,050,000; 2024 AED 2,412,500Sold by developer, June 2007: AED 682,800 (AED 413 per sqft)Sold, March 2010: AED 1,550,000 (AED 939 per sqft)Sold, March 2018: AED 1,650,000 (AED 1,000 per sqft)Sold, November 2024: AED 2,600,000 (AED 1,576 per sqft)

103 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 103, each contractTypical three-bed in Al Jaz 1
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 142,500; 2014 AED 155,000; 2015 AED 170,648; 2016 AED 170,000; 2017 AED 152,000; 2018 AED 142,000; 2019 AED 128,000; 2020 AED 112,200; 2021 AED 112,200; 2022 AED 120,000; 2023 AED 163,000; 2024 AED 180,000; 2025 AED 180,000; 2026 AED 184,375New contract, March 2021: AED 105,000 a yearRenewal, March 2022: AED 118,000 a yearNew contract, May 2023: AED 163,000 a yearRenewal, May 2024: AED 163,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Jaz 1, and where 103 sits

All 30 3-beds →

103 last sold in November 2024 at AED 1,576 per sqft, 8% above what three-beds in Al Jaz 1 were fetching at the time (AED 1,464). 103's AED 163,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Apr 20254,500,000
12 Mar 20253,250,000
12 Aug 20243,175,000
13 May 20242,225,000
0 3-bed sales in the last 12 months

Al Jaz 1

Building

45 apartments, 2-bed to 4-bed over 6 floors in The Greens. 1 sold in the last 12 months.

Typical price per sqft
AED 1,544
Typical sale
AED 2.1M
Typical rent
AED 168K /yr
Typical yield
6.0%
Al Jaz 1, The Greens: prices, sales and rents →

Other units on the 1st floor

All 45 units in Al Jaz 1
Value
1012-bedAED 1.47M · Jun 2022
1023-bedAED 1.5M · Jan 2022
1044-bedAED 2M · Jun 2018
1053-bedAED 1.36M · Oct 2020
1063-bedAED 2.05M · Apr 2017
1073-bedAED 1.47M · Mar 2020
1083-bedAED 2.55M · Aug 2013
1–7 of 9

103, Al Jaz 1 in numbers

  • Sold 4 times: first on 12 June 2007 for AED 682,800, last on 8 November 2024 for AED 2,600,000 (AED 1,576 per sqft).
  • Rented since March 2021 on 4 Ejari contracts, from AED 105,000 to AED 163,000 a year.
  • At AED 163,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 26,800 a year (AED 16.24 per sqft).

Source: Dubai Land Department. Updated 8 November 2024.

Questions about 103, Al Jaz 1

What did unit 103 last sell for?

AED 2,600,000 on 8 November 2024: AED 1,576 per sqft for 1,650 sqft. The unit has 4 registered sales; the first was AED 682,800 in June 2007.

What is the rent for unit 103?

AED 163,000 a year on the contract renewed on 6 May 2024. The previous contract, from May 2023, was AED 163,000; the unit has been rented since March 2021.

How big is unit 103?

1,650 sqft (153.3 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 103, Al Jaz 1

Starts from the last sale price (AED 2.6M, 8 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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