407, Al Jaz 1
Sold prices and rental history: sold once, by the developer in February 2011, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Al Jaz 1
What is 407 worth today?
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Source: Dubai Land Department. Updated 15 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,076 sqft
- Floor
- 4th of 6
- Parking
- T1-B-09 , T1-B-10
- Service charge
- AED 33,700 /yr
- Last sold
- AED 884K · February 2011
- Building
- Al Jaz 1
About 407, Al Jaz 1
407 is a three-bedroom apartment of 2,076 sqft on the 4th floor of Al Jaz 1, a 6-storey tower in The Greens. The developer sold it on 28 February 2011 for AED 883,800, or AED 425 per sqft, in line with the AED 431 three-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 180,000 a year: a gross yield of 20.4% on the 2011 price, before the service charge of about AED 33,700 a year.
Sales and rents for 407 over time
407 has sold once; the dashed line is the three-bed median of each year in the building.
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 407 sits
All 30 3-beds →407 last sold in February 2011 at AED 425 per sqft, in line with what three-beds in Al Jaz 1 were fetching at the time (AED 431). 407's AED 180,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Apr 20254 April 2025 | 3,716 sqft | 4,500,000 | 1,210 | ||
| 12 Mar 202512 March 2025 | 2,079 sqft | 3,250,000 | 1,563 | ||
| 8 Nov 20248 November 2024 | 1,650 sqft | 2,600,000 | 1,576 | ||
| 12 Aug 202412 August 2024 | 2,065 sqft | 3,175,000 | 1,537 |
Al Jaz 1
Building45 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%
Other units on the 4th floor
All 45 units in Al Jaz 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 408 | 3-bed | 2,076 sqft | AED 2.6MAED 2,600,000 · May 2016May 2016 | 185,000 /yr |
407, Al Jaz 1 in numbers
- Sold once: by the developer on 28 February 2011 for AED 883,800, or AED 425 per sqft.
- Rented since August 2022 on 3 Ejari contracts, at AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2011 price is 20.4%, before a service charge of about AED 33,700 a year (AED 16.24 per sqft).
Source: Dubai Land Department. Updated 15 August 2024.
Questions about 407, Al Jaz 1
What did unit 407 last sell for?
AED 883,800 on 28 February 2011, sold by the developer: AED 425 per sqft for 2,076 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 180,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 180,000; the unit has been rented since August 2022.
How big is unit 407?
2,076 sqft (192.9 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower.
What is unit 407 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 407, Al Jaz 1
Starts from the last sale price (AED 884K, 28 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 883,800
- Deposit, UAE resident (20%)
- AED 176,760
- Deposit, non-resident (40%)
- AED 353,520
- Monthly over 25 years at 3.7%
- AED 3,616
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →