408, Al Jaz 1
Sold prices and rental history: sold 4 times, last in May 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Al Jaz 1
What is 408 worth today?
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Source: Dubai Land Department. Updated 25 May 2016.
Key facts
- Type
- 3-bed apartment
- Size
- 2,076 sqft
- Floor
- 4th of 6
- Parking
- T1-B-11 , T1-B-12
- Service charge
- AED 33,700 /yr
- Last sold
- AED 2.6M · May 2016
- Building
- Al Jaz 1
About 408, Al Jaz 1
408 is a three-bedroom apartment of 2,076 sqft on the 4th floor of Al Jaz 1, a 6-storey tower in The Greens. It last sold on 25 May 2016 for AED 2,600,000, or AED 1,252 per sqft.
It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 1 July 2015, is AED 185,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 33,700 a year.
Sales and rents for 408 over time
408 has sold 4 times; 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 408 sits
All 30 3-beds →408's AED 185,000 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 | |||||
|---|---|---|---|---|---|
| 407 | 3-bed | 2,076 sqft | AED 884KAED 883,800 · Feb 2011February 2011 | 180,000 /yr |
408, Al Jaz 1 in numbers
- Sold 4 times: first on 23 December 2009 for AED 1,075,000, last on 25 May 2016 for AED 2,600,000 (AED 1,252 per sqft).
- Rented since July 2014 on 2 Ejari contracts, from AED 200,000 to AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 33,700 a year (AED 16.24 per sqft).
Source: Dubai Land Department. Updated 25 May 2016.
Questions about 408, Al Jaz 1
What did unit 408 last sell for?
AED 2,600,000 on 25 May 2016: AED 1,252 per sqft for 2,076 sqft. The unit has 4 registered sales; the first was AED 1,075,000 in December 2009.
What is the rent for unit 408?
AED 185,000 a year on the contract renewed on 1 July 2015. The previous contract, from July 2014, was AED 200,000.
How big is unit 408?
2,076 sqft (192.9 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower.
What is unit 408 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 408, Al Jaz 1
Starts from the last sale price (AED 2.6M, 25 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →