508, Al Jaz 1
Sold prices and rental history: sold 4 times, last in March 2025, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Al Jaz 1
What is 508 worth today?
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Source: Dubai Land Department. Updated 12 March 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,079 sqft
- Floor
- 5th of 6
- Parking
- T1-B-07 , T1-B-08
- Service charge
- AED 33,800 /yr
- Last sold
- AED 3.25M · March 2025
- Building
- Al Jaz 1
About 508, Al Jaz 1
508 is a three-bedroom apartment of 2,079 sqft on the 5th floor of Al Jaz 1, a 6-storey tower in The Greens. It last sold on 12 March 2025 for AED 3,250,000, or AED 1,563 per sqft, in line with the AED 1,550 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 21 May 2016, is AED 185,000 a year: a gross yield of 5.7% on the 2025 price, before the service charge of about AED 33,800 a year.
Sales and rents for 508 over time
508 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 508 sits
All 30 3-beds →508 last sold in March 2025 at AED 1,563 per sqft, in line with what three-beds in Al Jaz 1 were fetching at the time (AED 1,550). 508'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 | ||
| 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 | ||
| 13 May 202413 May 2024 | 1,599 sqft | 2,225,000 | 1,391 |
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 5th floor
All 45 units in Al Jaz 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 507 | 3-bed | 2,079 sqft | AED 2.45MAED 2,450,000 · Jul 2013July 2013 | 185,000 /yr |
508, Al Jaz 1 in numbers
- Sold 4 times: first on 30 January 2011 for AED 908,800, last on 12 March 2025 for AED 3,250,000 (AED 1,563 per sqft).
- Rented since May 2014 on 3 Ejari contracts, from AED 195,000 to AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2025 price is 5.7%, before a service charge of about AED 33,800 a year (AED 16.24 per sqft).
Source: Dubai Land Department. Updated 12 March 2025.
Questions about 508, Al Jaz 1
What did unit 508 last sell for?
AED 3,250,000 on 12 March 2025: AED 1,563 per sqft for 2,079 sqft. The unit has 4 registered sales; the first was AED 908,800 in January 2011.
What is the rent for unit 508?
AED 185,000 a year on the contract renewed on 21 May 2016. The previous contract, from May 2015, was AED 195,000; the unit has been rented since May 2014.
How big is unit 508?
2,079 sqft (193.1 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower.
What is unit 508 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 508, Al Jaz 1
Starts from the last sale price (AED 3.25M, 12 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,250,000
- Deposit, UAE resident (20%)
- AED 650,000
- Deposit, non-resident (40%)
- AED 1,300,000
- Monthly over 25 years at 3.7%
- AED 13,297
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →