3-bed · 2,126 sqftAl Jaz 1, The Greens · 6th floor

608, Al Jaz 1

Sold prices and rental history: sold 4 times, last in June 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 17 June 2021
Last soldAED 1.81M17 June 2021
Current rentAED 110K /yr14 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Al Jaz 1

What is 608 worth today?

Last sold for AED 1,810,000 in 2021

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17 Jun 2021SoldReady
AED 1,810,000AED 851 per sqft
14 Jul 2020RentedNew contract
AED 110,000/yr12 months · AED 52 per sqft
25 Jun 2019RentedRenewal
AED 135,000/yr12 months · AED 63 per sqft
25 Jun 2018RentedNew contract
AED 140,000/yr12 months · AED 66 per sqft
24 Mar 2016RentedRenewal
AED 170,000/yr12 months · AED 80 per sqft
24 Mar 2015RentedNew contract
AED 170,000/yr12 months · AED 80 per sqft
1 Feb 2015RentedNew contract
AED 171,296/yr13 months · AED 80 per sqft
9 Jun 2013SoldReady
AED 2,450,000AED 1,152 per sqft

Source: Dubai Land Department. Updated 17 June 2021.

Key facts

Type
3-bed apartment
Size
2,126 sqft
Floor
6th of 6
Parking
T1-B-01 , T1-B-02
Service charge
AED 34,500 /yr
Last sold
AED 1.81M · June 2021
Building
Al Jaz 1

About 608, Al Jaz 1

608 is a three-bedroom apartment of 2,126 sqft on the 6th floor of Al Jaz 1, a 6-storey tower in The Greens. It last sold on 17 June 2021 for AED 1,810,000, or AED 851 per sqft, 8% above the AED 788 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 14 July 2020, is AED 110,000 a year: a gross yield of 6.1% on the 2021 price, before the service charge of about AED 34,500 a year.

Sales and rents for 608 over time

Sales
Unit 608, 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, June 2007: AED 467,000 (AED 219 per sqft)Sold, June 2009: AED 950,000 (AED 446 per sqft)Sold, June 2013: AED 2,450,000 (AED 1,152 per sqft)Sold, June 2021: AED 1,810,000 (AED 851 per sqft)

608 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 608, 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, February 2015: AED 171,296 a yearNew contract, March 2015: AED 170,000 a yearRenewal, March 2016: AED 170,000 a yearNew contract, June 2018: AED 140,000 a yearRenewal, June 2019: AED 135,000 a yearNew contract, July 2020: AED 110,000 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 608 sits

All 30 3-beds →

608 last sold in June 2021 at AED 851 per sqft, 8% above what three-beds in Al Jaz 1 were fetching at the time (AED 788). 608's AED 110,000 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
6073-bedAED 934K · Dec 2008

608, Al Jaz 1 in numbers

  • Sold 4 times: first on 12 June 2007 for AED 467,000, last on 17 June 2021 for AED 1,810,000 (AED 851 per sqft).
  • Rented since February 2015 on 6 Ejari contracts, from AED 171,296 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 6.1%, before a service charge of about AED 34,500 a year (AED 16.24 per sqft).

Source: Dubai Land Department. Updated 17 June 2021.

Questions about 608, Al Jaz 1

What did unit 608 last sell for?

AED 1,810,000 on 17 June 2021: AED 851 per sqft for 2,126 sqft. The unit has 4 registered sales; the first was AED 467,000 in June 2007.

What is the rent for unit 608?

AED 110,000 a year on the contract signed on 14 July 2020. The previous contract, from June 2019, was AED 135,000; the unit has been rented since February 2015.

How big is unit 608?

2,126 sqft (197.5 sqm): a three-bedroom apartment on the 6th floor of a 6-storey tower.

What is unit 608 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 608, Al Jaz 1

Starts from the last sale price (AED 1.81M, 17 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,810,000
Deposit, UAE resident (20%)
AED 362,000
Deposit, non-resident (40%)
AED 724,000
Monthly over 25 years at 3.7%
AED 7,405

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