3-bed · 1,652 sqftAl Jaz 1, The Greens · 3rd floor

302, Al Jaz 1

Sold prices and rental history: sold 4 times, last in October 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 25 October 2023
Last soldAED 1.93M25 October 2023
Current rentAED 115K /yr17 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Al Jaz 1

What is 302 worth today?

Last sold for AED 1,925,000 in 2023

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25 Oct 2023SoldReady
AED 1,925,000AED 1,165 per sqft
8 Jun 2022SoldReady
AED 1,643,000AED 994 per sqft
17 Sep 2019RentedRenewal
AED 115,000/yr12 months · AED 70 per sqft
17 Sep 2018RentedNew contract
AED 127,500/yr12 months · AED 77 per sqft
17 Sep 2014RentedNew contract
AED 155,000/yr12 months · AED 94 per sqft
2 Sep 2014SoldReady
AED 1,137,500AED 688 per sqft
24 Jun 2010Sold by developerReady
AED 1,620,000AED 980 per sqft

Source: Dubai Land Department. Updated 25 October 2023.

Key facts

Type
3-bed apartment
Size
1,652 sqft
Floor
3rd of 6
Parking
T1-B-14
Service charge
AED 26,800 /yr
Last sold
AED 1.93M · October 2023
Building
Al Jaz 1

About 302, Al Jaz 1

302 is a three-bedroom apartment of 1,652 sqft on the 3rd floor of Al Jaz 1, a 6-storey tower in The Greens. It last sold on 25 October 2023 for AED 1,925,000, or AED 1,165 per sqft, in line with the AED 1,165 three-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 17 September 2019, is AED 115,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 26,800 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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 2010: AED 1,620,000 (AED 980 per sqft)Sold, September 2014: AED 1,137,500 (AED 688 per sqft)Sold, June 2022: AED 1,643,000 (AED 994 per sqft)Sold, October 2023: AED 1,925,000 (AED 1,165 per sqft)

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

Rents
Unit 302, 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, September 2014: AED 155,000 a yearNew contract, September 2018: AED 127,500 a yearRenewal, September 2019: AED 115,000 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 302 sits

All 30 3-beds →

302 last sold in October 2023 at AED 1,165 per sqft, in line with what three-beds in Al Jaz 1 were fetching at the time (AED 1,165). 302's AED 115,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Apr 20254,500,000
12 Mar 20253,250,000
8 Nov 20242,600,000
12 Aug 20243,175,000
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 3rd floor

All 45 units in Al Jaz 1
Value
3012-bedAED 1.8M · Nov 2016
3033-bedAED 745K · Apr 2019
3044-bedAED 2.3M · Apr 2019
3053-bedAED 2.45M · May 2008
3063-bedAED 1M · Jun 2010
3073-bedAED 3.18M · Aug 2024
3083-bedAED 2.1M · Feb 2023
1–7 of 9

302, Al Jaz 1 in numbers

  • Sold 4 times: first on 24 June 2010 for AED 1,620,000, last on 25 October 2023 for AED 1,925,000 (AED 1,165 per sqft).
  • Rented since September 2014 on 3 Ejari contracts, from AED 155,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 26,800 a year (AED 16.24 per sqft).

Source: Dubai Land Department. Updated 25 October 2023.

Questions about 302, Al Jaz 1

What did unit 302 last sell for?

AED 1,925,000 on 25 October 2023: AED 1,165 per sqft for 1,652 sqft. The unit has 4 registered sales; the first was AED 1,620,000 in June 2010.

What is the rent for unit 302?

AED 115,000 a year on the contract renewed on 17 September 2019. The previous contract, from September 2018, was AED 127,500; the unit has been rented since September 2014.

How big is unit 302?

1,652 sqft (153.5 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 302 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 302, Al Jaz 1

Starts from the last sale price (AED 1.93M, 25 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,925,000
Deposit, UAE resident (20%)
AED 385,000
Deposit, non-resident (40%)
AED 770,000
Monthly over 25 years at 3.7%
AED 7,876

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