3-bed · 2,065 sqftAl Jaz 1, The Greens · 3rd floor

307, Al Jaz 1

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 3.18M12 August 2024
Current rentAED 200K /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Al Jaz 1

What is 307 worth today?

Last sold for AED 3,175,000 in 2024

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12 Aug 2024SoldReady
AED 3,175,000AED 1,537 per sqft
15 Dec 2023RentedNew contract
AED 200,000/yr12 months · AED 97 per sqft
1 Dec 2022RentedRenewal
AED 135,000/yr12 months · AED 66 per sqft
1 Dec 2021RentedRenewal
AED 115,000/yr12 months · AED 56 per sqft
1 Nov 2020RentedNew contract
AED 105,000/yr13 months · AED 51 per sqft
24 Sep 2020SoldReady
AED 1,525,000AED 738 per sqft
1 Aug 2019RentedRenewal
AED 120,000/yr12 months · AED 58 per sqft
1 Aug 2018RentedRenewal
AED 145,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
3-bed apartment
Size
2,065 sqft
Floor
3rd of 6
Parking
T1-B-48 , T1-B-49
Service charge
AED 33,500 /yr
Last sold
AED 3.18M · August 2024
Building
Al Jaz 1

About 307, Al Jaz 1

307 is a three-bedroom apartment of 2,065 sqft on the 3rd floor of Al Jaz 1, a 6-storey tower in The Greens. It last sold on 12 August 2024 for AED 3,175,000, or AED 1,537 per sqft, 24% above the AED 1,240 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 15 December 2023, is AED 200,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 33,500 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical three-bed in Al Jaz 1
2M2007201220172022Typical 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, April 2008: AED 950,000 (AED 460 per sqft)Sold, September 2020: AED 1,525,000 (AED 738 per sqft)Sold, August 2024: AED 3,175,000 (AED 1,537 per sqft)

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

Rents
Unit 307, each contractTypical three-bed in Al Jaz 1
100K150K200K2012201620202024Typical 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 2012: AED 130,000 a yearNew contract, August 2013: AED 165,000 a yearRenewal, August 2014: AED 165,000 a yearRenewal, August 2015: AED 165,000 a yearRenewal, August 2016: AED 165,000 a yearRenewal, August 2017: AED 145,000 a yearRenewal, August 2018: AED 145,000 a yearRenewal, August 2019: AED 120,000 a yearNew contract, November 2020: AED 105,000 a yearRenewal, December 2021: AED 115,000 a yearRenewal, December 2022: AED 135,000 a yearNew contract, December 2023: AED 200,000 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 307 sits

All 30 3-beds →

307 last sold in August 2024 at AED 1,537 per sqft, 24% above what three-beds in Al Jaz 1 were fetching at the time (AED 1,240). 307's AED 200,000 is in the upper half 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
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 3rd floor

All 45 units in Al Jaz 1
Value
3012-bedAED 1.8M · Nov 2016
3023-bedAED 1.93M · Oct 2023
3033-bedAED 745K · Apr 2019
3044-bedAED 2.3M · Apr 2019
3053-bedAED 2.45M · May 2008
3063-bedAED 1M · Jun 2010
3083-bedAED 2.1M · Feb 2023
1–7 of 9

307, Al Jaz 1 in numbers

  • Sold 3 times: first on 30 April 2008 for AED 950,000, last on 12 August 2024 for AED 3,175,000 (AED 1,537 per sqft).
  • Rented since September 2012 on 12 Ejari contracts. The rent fell from AED 130,000 to AED 105,000 in 2020 and recovered to AED 200,000 by December 2023.
  • At AED 200,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 33,500 a year (AED 16.24 per sqft).

Source: Dubai Land Department. Updated 12 August 2024.

Questions about 307, Al Jaz 1

What did unit 307 last sell for?

AED 3,175,000 on 12 August 2024: AED 1,537 per sqft for 2,065 sqft. The unit has 3 registered sales; the first was AED 950,000 in April 2008.

What is the rent for unit 307?

AED 200,000 a year on the contract signed on 15 December 2023. The previous contract, from December 2022, was AED 135,000; the unit has been rented since September 2012.

How big is unit 307?

2,065 sqft (191.8 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 307 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 307, Al Jaz 1

Starts from the last sale price (AED 3.18M, 12 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,175,000
Deposit, UAE resident (20%)
AED 635,000
Deposit, non-resident (40%)
AED 1,270,000
Monthly over 25 years at 3.7%
AED 12,990

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