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

303, Al Jaz 1

Sold prices and rental history: sold 3 times, last in April 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 3 April 2019
Last soldAED 745K3 April 2019
Current rentAED 120K /yr9 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, Al Jaz 1

What is 303 worth today?

Last sold for AED 745,000 in 2019

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3 Apr 2019SoldReady
AED 745,000AED 450 per sqft
9 Jul 2018RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
9 Jul 2017RentedNew contract
AED 135,000/yr12 months · AED 82 per sqft
12 May 2016RentedNew contract
AED 150,000/yr12 months · AED 91 per sqft
18 Feb 2016RentedRenewal
AED 160,000/yr12 months · AED 97 per sqft
18 Feb 2015RentedNew contract
AED 160,000/yr12 months · AED 97 per sqft
25 Jan 2014RentedNew contract
AED 155,000/yr12 months · AED 94 per sqft
15 Dec 2012RentedNew contract
AED 130,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 3 April 2019.

Key facts

Type
3-bed apartment
Size
1,652 sqft
Floor
3rd of 6
Parking
T1-B-15
Service charge
AED 26,800 /yr
Last sold
AED 745K · April 2019
Building
Al Jaz 1

About 303, Al Jaz 1

303 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 3 April 2019 for AED 745,000, or AED 450 per sqft.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 9 July 2018, is AED 120,000 a year: a gross yield of 16.1% on the 2019 price, before the service charge of about AED 26,800 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, November 2008: AED 1,258,540 (AED 761 per sqft)Sold, March 2012: AED 1,275,000 (AED 771 per sqft)Sold, April 2019: AED 745,000 (AED 450 per sqft)

303 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 303, 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, December 2012: AED 130,000 a yearNew contract, January 2014: AED 155,000 a yearNew contract, February 2015: AED 160,000 a yearRenewal, February 2016: AED 160,000 a yearNew contract, May 2016: AED 150,000 a yearNew contract, July 2017: AED 135,000 a yearNew contract, July 2018: AED 120,000 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 303 sits

All 30 3-beds →

303's AED 120,000 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
3023-bedAED 1.93M · Oct 2023
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

303, Al Jaz 1 in numbers

  • Sold 3 times: first on 4 November 2008 for AED 1,258,540, last on 3 April 2019 for AED 745,000 (AED 450 per sqft).
  • Rented since December 2012 on 7 Ejari contracts, from AED 130,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2019 price is 16.1%, before a service charge of about AED 26,800 a year (AED 16.24 per sqft).

Source: Dubai Land Department. Updated 3 April 2019.

Questions about 303, Al Jaz 1

What did unit 303 last sell for?

AED 745,000 on 3 April 2019: AED 450 per sqft for 1,652 sqft. The unit has 3 registered sales; the first was AED 1,258,540 in November 2008.

What is the rent for unit 303?

AED 120,000 a year on the contract signed on 9 July 2018. The previous contract, from July 2017, was AED 135,000; the unit has been rented since December 2012.

How big is unit 303?

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

What is unit 303 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 303, Al Jaz 1

Starts from the last sale price (AED 745K, 3 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 745,000
Deposit, UAE resident (20%)
AED 149,000
Deposit, non-resident (40%)
AED 298,000
Monthly over 25 years at 3.7%
AED 3,048

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