3-bed · 2,128 sqftAl Jaz 1, The Greens · 6th floor

607, Al Jaz 1

Sold prices and rental history: sold once, by the developer in December 2008, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 23 June 2023
Last soldAED 934K17 December 2008
Current rentAED 60K /yr23 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Al Jaz 1

What is 607 worth today?

Last sold for AED 933,800 in 2008

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23 Jun 2023RentedNew contract · flagged as an outlier
AED 60,000/yr12 months · AED 28 per sqft
1 Sep 2019RentedNew contract
AED 120,000/yr12 months · AED 56 per sqft
17 Dec 2008Sold by developerReady
AED 933,800AED 438 per sqft

Source: Dubai Land Department. Updated 23 June 2023.

Key facts

Type
3-bed apartment
Size
2,128 sqft
Floor
6th of 6
Parking
T1-B-03 , T1-B-04
Service charge
AED 34,600 /yr
Last sold
AED 934K · December 2008
Building
Al Jaz 1

About 607, Al Jaz 1

607 is a three-bedroom apartment of 2,128 sqft on the 6th floor of Al Jaz 1, a 6-storey tower in The Greens. The developer sold it on 17 December 2008 for AED 933,800, or AED 438 per sqft, 14% below the AED 508 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 23 June 2023, is AED 60,000 a year: a gross yield of 6.4% on the 2008 price, before the service charge of about AED 34,600 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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, December 2008: AED 933,800 (AED 438 per sqft)

607 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 607, 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, September 2019: 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 607 sits

All 30 3-beds →

607 last sold in December 2008 at AED 438 per sqft, 14% below what three-beds in Al Jaz 1 were fetching at the time (AED 508). 607's AED 60,000 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 6th floor

All 45 units in Al Jaz 1
Value
6083-bedAED 1.81M · Jun 2021

607, Al Jaz 1 in numbers

  • Sold once: by the developer on 17 December 2008 for AED 933,800, or AED 438 per sqft.
  • Rented since September 2019 on 2 Ejari contracts, from AED 120,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2008 price is 6.4%, before a service charge of about AED 34,600 a year (AED 16.24 per sqft).

Source: Dubai Land Department. Updated 23 June 2023.

Questions about 607, Al Jaz 1

What did unit 607 last sell for?

AED 933,800 on 17 December 2008, sold by the developer: AED 438 per sqft for 2,128 sqft. It is the only registered sale of the unit.

What is the rent for unit 607?

AED 60,000 a year on the contract signed on 23 June 2023. The previous contract, from September 2019, was AED 120,000.

How big is unit 607?

2,128 sqft (197.7 sqm): a three-bedroom apartment on the 6th floor of a 6-storey tower.

What is unit 607 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 607, Al Jaz 1

Starts from the last sale price (AED 934K, 17 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 933,800
Deposit, UAE resident (20%)
AED 186,760
Deposit, non-resident (40%)
AED 373,520
Monthly over 25 years at 3.7%
AED 3,820

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