3-bed · 1,652 sqftAl Jaz 2, The Greens · 2nd floor

203, Al Jaz 2

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 7 December 2023
Last soldAED 2.2M7 December 2023
Current rentAED 119K /yr14 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Al Jaz 2

What is 203 worth today?

Last sold for AED 2,200,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Dec 2023SoldReady
AED 2,200,000AED 1,331 per sqft
14 Oct 2023RentedRenewal
AED 118,800/yr12 months · AED 72 per sqft
14 Oct 2022RentedRenewal
AED 108,000/yr12 months · AED 66 per sqft
14 Oct 2021RentedRenewal
AED 95,000/yr12 months · AED 58 per sqft
14 Oct 2020RentedRenewal
AED 95,000/yr12 months · AED 58 per sqft
14 Oct 2019RentedNew contract
AED 115,000/yr12 months · AED 70 per sqft
1 Oct 2018RentedNew contract
AED 125,000/yr12 months · AED 76 per sqft
10 Aug 2017RentedRenewal
AED 150,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 7 December 2023.

Key facts

Type
3-bed apartment
Size
1,652 sqft
Floor
2nd of 6
Parking
T2-B-24
Service charge
AED 26,800 /yr
Last sold
AED 2.2M · December 2023
Building
Al Jaz 2

About 203, Al Jaz 2

203 is a three-bedroom apartment of 1,652 sqft on the 2nd floor of Al Jaz 2, a 6-storey tower in The Greens. It last sold on 7 December 2023 for AED 2,200,000, or AED 1,331 per sqft, 23% above the AED 1,086 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 14 October 2023, is AED 118,800 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 26,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical three-bed in Al Jaz 2
1M2M2007201220172022Typical sale price by year: 2007 AED 678,800; 2008 AED 1,071,900; 2009 AED 843,800; 2010 AED 670,800; 2011 AED 1,030,000; 2013 AED 1,269,900; 2014 AED 2,325,000; 2017 AED 2,050,000; 2018 AED 1,600,000; 2021 AED 1,762,500; 2023 AED 2,200,000Sold by developer, March 2013: AED 689,800 (AED 417 per sqft)Sold, April 2014: AED 2,450,000 (AED 1,483 per sqft)Sold, December 2023: AED 2,200,000 (AED 1,331 per sqft)

203 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 203, each contractTypical three-bed in Al Jaz 2
100K150K2013201720212025Typical rent by year: 2013 AED 144,000; 2014 AED 155,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 153,000; 2018 AED 137,500; 2019 AED 120,000; 2020 AED 112,500; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 127,375; 2024 AED 145,000; 2025 AED 175,000; 2026 AED 165,000New contract, August 2015: AED 160,000 a yearRenewal, August 2016: AED 160,000 a yearRenewal, August 2017: AED 150,000 a yearNew contract, October 2018: AED 125,000 a yearNew contract, October 2019: AED 115,000 a yearRenewal, October 2020: AED 95,000 a yearRenewal, October 2021: AED 95,000 a yearRenewal, October 2022: AED 108,000 a yearRenewal, October 2023: AED 118,800 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 2, and where 203 sits

All 30 3-beds →

203 last sold in December 2023 at AED 1,331 per sqft, 23% above what three-beds in Al Jaz 2 were fetching at the time (AED 1,086). Over the last 12 months three-beds sold for AED 3,630,000, around AED 1,753 per sqft, and rent for AED 132,825 to 210,000 a year. 203's AED 118,800 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Feb 20263,630,000
27 May 20252,600,000
28 Nov 20243,600,000
22 Aug 20242,850,000
1 3-bed sale in the last 12 months

Al Jaz 2

Building

45 apartments, 2-bed to 4-bed over 6 floors in The Greens. 3 sold in the last 12 months.

Typical price per sqft
AED 1,739
Typical sale
AED 2.45M
Typical rent
AED 162K /yr
Typical yield
5.5%
Al Jaz 2, The Greens: prices, sales and rents →

Other units on the 2nd floor

All 45 units in Al Jaz 2
Value
2012-bedAED 1.55M · Feb 2023
2023-bedAED 1.8M · Mar 2023
2044-bedAED 1.68M · Jun 2020
2053-bedAED 2.2M · Jun 2014
2063-bedAED 1.82M · May 2017
2073-bedAED 2.1M · Aug 2022
2083-bedAED 2.25M · Jun 2023
1–7 of 9

203, Al Jaz 2 in numbers

  • Sold 3 times: first on 31 March 2013 for AED 689,800, last on 7 December 2023 for AED 2,200,000 (AED 1,331 per sqft).
  • Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 95,000 in 2021 and recovered to AED 118,800 by October 2023.
  • At AED 118,800 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 26,800 a year (AED 16.24 per sqft).
  • Three-beds in Al Jaz 2 sold for AED 3,630,000–3,630,000 in the 12 months to November 2026; the building's median across all types is AED 1,739 per sqft.

Source: Dubai Land Department. Updated 7 December 2023.

Questions about 203, Al Jaz 2

What did unit 203 last sell for?

AED 2,200,000 on 7 December 2023: AED 1,331 per sqft for 1,652 sqft. The unit has 3 registered sales; the first was AED 689,800 in March 2013.

What is the rent for unit 203?

AED 118,800 a year on the contract renewed on 14 October 2023. The previous contract, from October 2022, was AED 108,000; the unit has been rented since August 2015.

How big is unit 203?

1,652 sqft (153.5 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Jaz 2 sold for AED 3,630,000 to 3,630,000 in the last 12 months, around AED 1,753 per sqft.

Selling 203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 203, Al Jaz 2

Starts from the last sale price (AED 2.2M, 7 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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