2-bed · 1,617 sqftAl Jaz 1, The Greens · 2nd floor

201, Al Jaz 1

Sold prices and rental history: sold once, by the developer in March 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 7 October 2021
Last soldAED 642K4 March 2012
Current rentAED 85K /yr7 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Al Jaz 1

What is 201 worth today?

Last sold for AED 641,800 in 2012

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7 Oct 2021RentedRenewal
AED 85,000/yr12 months · AED 53 per sqft
7 Oct 2020RentedRenewal
AED 75,000/yr12 months · AED 46 per sqft
8 Apr 2019RentedRenewal
AED 100,000/yr12 months · AED 62 per sqft
8 Apr 2018RentedRenewal
AED 115,000/yr12 months · AED 71 per sqft
8 Apr 2017RentedRenewal
AED 120,000/yr12 months · AED 74 per sqft
8 Apr 2016RentedNew contract
AED 120,000/yr12 months · AED 74 per sqft
5 Sep 2013RentedNew contract
AED 95,000/yr12 months · AED 59 per sqft
4 Mar 2012Sold by developerReady
AED 641,800AED 396 per sqft

Source: Dubai Land Department. Updated 7 October 2021.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
2nd of 6
Parking
T1-B-26
Service charge
AED 26,300 /yr
Last sold
AED 642K · March 2012
Building
Al Jaz 1

About 201, Al Jaz 1

201 is a two-bedroom apartment of 1,617 sqft on the 2nd floor of Al Jaz 1, a 6-storey tower in The Greens. The developer sold it on 4 March 2012 for AED 641,800, or AED 396 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 7 October 2021, is AED 85,000 a year: a gross yield of 13.2% on the 2012 price, before the service charge of about AED 26,300 a year.

Sales and rents for 201 over time

Rents
Unit 201, each contractTypical two-bed in Al Jaz 1
100K150K2013201720212025Typical rent by year: 2013 AED 98,000; 2014 AED 145,000; 2015 AED 142,000; 2016 AED 139,000; 2017 AED 125,000; 2018 AED 113,000; 2019 AED 101,503; 2020 AED 78,500; 2021 AED 85,000; 2022 AED 93,500; 2023 AED 101,063; 2024 AED 107,000; 2025 AED 120,000; 2026 AED 130,000New contract, September 2013: AED 95,000 a yearNew contract, April 2016: AED 120,000 a yearRenewal, April 2017: AED 120,000 a yearRenewal, April 2018: AED 115,000 a yearRenewal, April 2019: AED 100,000 a yearRenewal, October 2020: AED 75,000 a yearRenewal, October 2021: AED 85,000 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 Jaz 1, and where 201 sits

All 11 2-beds →

Over the last 12 months two-beds sold for AED 2,100,000, around AED 1,544 per sqft, and rent for AED 121,275 to 168,000 a year. 201's AED 85,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jul 20262,100,000
6 Jun 20221,470,000
27 Apr 20221,300,000
25 Aug 20211,325,000
1 2-bed sale 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 2nd floor

All 45 units in Al Jaz 1
Value
2023-bedAED 671K · Aug 2007
2033-bedAED 2.05M · Oct 2023
2044-bedAED 3.58M · Nov 2024
2053-bedAED 2.17M · Mar 2015
2063-bedAED 1.62M · Jun 2022
2073-bedAED 850K · Nov 2007
2083-bedAED 864K · Feb 2024
1–7 of 9

201, Al Jaz 1 in numbers

  • Sold once: by the developer on 4 March 2012 for AED 641,800, or AED 396 per sqft.
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2020 and recovered to AED 85,000 by October 2021.
  • At AED 85,000 a year the gross yield on the 2012 price is 13.2%, before a service charge of about AED 26,300 a year (AED 16.24 per sqft).
  • Two-beds in Al Jaz 1 sold for AED 2,100,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,544 per sqft.

Source: Dubai Land Department. Updated 7 October 2021.

Questions about 201, Al Jaz 1

What did unit 201 last sell for?

AED 641,800 on 4 March 2012, sold by the developer: AED 396 per sqft for 1,617 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 85,000 a year on the contract renewed on 7 October 2021. The previous contract, from October 2020, was AED 75,000; the unit has been rented since September 2013.

How big is unit 201?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Jaz 1 sold for AED 2,100,000 to 2,100,000 in the last 12 months, around AED 1,544 per sqft.

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Mortgage on 201, Al Jaz 1

Starts from the last sale price (AED 642K, 4 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 641,800
Deposit, UAE resident (20%)
AED 128,360
Deposit, non-resident (40%)
AED 256,720
Monthly over 25 years at 3.7%
AED 2,626

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