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3-bed · 1,665 sqftAl Jaz 2, The Greens · 2nd floor

206, Al Jaz 2

Sold prices and rental history: sold 3 times, last in May 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 10 May 2017
Last soldAED 1.82M10 May 2017
Current rentAED 150K /yr18 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Al Jaz 2

What is 206 worth today?

Last sold for AED 1,815,000 in 2017

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10 May 2017SoldReady
AED 1,815,000AED 1,089 per sqft
18 Feb 2016RentedRenewal
AED 150,000/yr12 months · AED 90 per sqft
18 Feb 2015RentedNew contract
AED 150,000/yr12 months · AED 90 per sqft
30 Sep 2010SoldReady
AED 1,180,000AED 708 per sqft
14 Apr 2010Sold by developerReady
AED 640,800AED 384 per sqft

Source: Dubai Land Department. Updated 10 May 2017.

Key facts

Type
3-bed apartment
Size
1,665 sqft
Floor
2nd of 6
Parking
T2-B-20
Service charge
AED 27,000 /yr
Last sold
AED 1.82M · May 2017
Building
Al Jaz 2

About 206, Al Jaz 2

206 is a three-bedroom apartment of 1,665 sqft on the 2nd floor of Al Jaz 2, a 6-storey tower in The Greens. It last sold on 10 May 2017 for AED 1,815,000, or AED 1,089 per sqft, in line with the AED 1,089 three-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 18 February 2016, is AED 150,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 27,000 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, April 2010: AED 640,800 (AED 384 per sqft)Sold, September 2010: AED 1,180,000 (AED 708 per sqft)Sold, May 2017: AED 1,815,000 (AED 1,089 per sqft)

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

Rents
Unit 206, 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, February 2015: AED 150,000 a yearRenewal, February 2016: AED 150,000 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 2, and where 206 sits

All 30 3-beds →

206 last sold in May 2017 at AED 1,089 per sqft, in line with what three-beds in Al Jaz 2 were fetching at the time (AED 1,089). 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. 206's AED 150,000 is in the lower half 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
2033-bedAED 2.2M · Dec 2023
2044-bedAED 1.68M · Jun 2020
2053-bedAED 2.2M · Jun 2014
2073-bedAED 2.1M · Aug 2022
2083-bedAED 2.25M · Jun 2023
1–7 of 9

206, Al Jaz 2 in numbers

  • Sold 3 times: first on 14 April 2010 for AED 640,800, last on 10 May 2017 for AED 1,815,000 (AED 1,089 per sqft).
  • Rented since February 2015 on 2 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 27,000 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 10 May 2017.

Questions about 206, Al Jaz 2

What did unit 206 last sell for?

AED 1,815,000 on 10 May 2017: AED 1,089 per sqft for 1,665 sqft. The unit has 3 registered sales; the first was AED 640,800 in April 2010.

What is the rent for unit 206?

AED 150,000 a year on the contract renewed on 18 February 2016. The previous contract, from February 2015, was AED 150,000.

How big is unit 206?

1,665 sqft (154.7 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 206 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.

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Mortgage on 206, Al Jaz 2

Starts from the last sale price (AED 1.82M, 10 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,815,000
Deposit, UAE resident (20%)
AED 363,000
Deposit, non-resident (40%)
AED 726,000
Monthly over 25 years at 3.7%
AED 7,426

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