3-bed · 2,065 sqftAl Jaz 2, The Greens · 2nd floor

207, Al Jaz 2

Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 18 August 2022
Last soldAED 2.1M18 August 2022
Current rentAED 118K /yr25 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Al Jaz 2

What is 207 worth today?

Last sold for AED 2,100,000 in 2022

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18 Aug 2022SoldReady
AED 2,100,000AED 1,016 per sqft
25 Mar 2021RentedRenewal
AED 118,000/yr12 months · AED 57 per sqft
25 Mar 2020RentedRenewal
AED 125,000/yr12 months · AED 60 per sqft
25 Mar 2019RentedRenewal
AED 145,000/yr12 months · AED 70 per sqft
1 Apr 2017RentedNew contract
AED 150,000/yr12 months · AED 73 per sqft
26 Jan 2017SoldReady
AED 2,250,000AED 1,089 per sqft
29 Apr 2008Sold by developerReady
AED 1,260,000AED 610 per sqft

Source: Dubai Land Department. Updated 18 August 2022.

Key facts

Type
3-bed apartment
Size
2,065 sqft
Floor
2nd of 6
Parking
T2-B-63 , T2-B-64
Service charge
AED 33,500 /yr
Last sold
AED 2.1M · August 2022
Building
Al Jaz 2

About 207, Al Jaz 2

207 is a three-bedroom apartment of 2,065 sqft on the 2nd floor of Al Jaz 2, a 6-storey tower in The Greens. It last sold on 18 August 2022 for AED 2,100,000, or AED 1,016 per sqft, 8% above the AED 938 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 25 March 2021, is AED 118,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 33,500 a year.

Sales and rents for 207 over time

Sales
Unit 207, 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 2008: AED 1,260,000 (AED 610 per sqft)Sold, January 2017: AED 2,250,000 (AED 1,089 per sqft)Sold, August 2022: AED 2,100,000 (AED 1,016 per sqft)

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

Rents
Unit 207, 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, April 2017: AED 150,000 a yearRenewal, March 2019: AED 145,000 a yearRenewal, March 2020: AED 125,000 a yearRenewal, March 2021: AED 118,000 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 207 sits

All 30 3-beds →

207 last sold in August 2022 at AED 1,016 per sqft, 8% above what three-beds in Al Jaz 2 were fetching at the time (AED 938). 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. 207's AED 118,000 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
2033-bedAED 2.2M · Dec 2023
2044-bedAED 1.68M · Jun 2020
2053-bedAED 2.2M · Jun 2014
2063-bedAED 1.82M · May 2017
2083-bedAED 2.25M · Jun 2023
1–7 of 9

207, Al Jaz 2 in numbers

  • Sold 3 times: first on 29 April 2008 for AED 1,260,000, last on 18 August 2022 for AED 2,100,000 (AED 1,016 per sqft).
  • Rented since April 2017 on 4 Ejari contracts, from AED 150,000 to AED 118,000 a year.
  • At AED 118,000 a year the gross yield on the 2022 price is 5.6%, before a service charge of about AED 33,500 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 18 August 2022.

Questions about 207, Al Jaz 2

What did unit 207 last sell for?

AED 2,100,000 on 18 August 2022: AED 1,016 per sqft for 2,065 sqft. The unit has 3 registered sales; the first was AED 1,260,000 in April 2008.

What is the rent for unit 207?

AED 118,000 a year on the contract renewed on 25 March 2021. The previous contract, from March 2020, was AED 125,000; the unit has been rented since April 2017.

How big is unit 207?

2,065 sqft (191.8 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 207 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 207, Al Jaz 2

Starts from the last sale price (AED 2.1M, 18 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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