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

306, Al Jaz 2

Sold prices and rental history: sold twice, last in April 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 11 April 2018
Last soldAED 1.6M11 April 2018
Current rentAED 155K /yr25 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 306, Al Jaz 2

What is 306 worth today?

Last sold for AED 1,600,000 in 2018

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11 Apr 2018SoldReady
AED 1,600,000AED 960 per sqft
25 Jun 2016RentedNew contract
AED 155,000/yr12 months · AED 93 per sqft
20 Oct 2015RentedNew contract
AED 155,000/yr12 months · AED 93 per sqft
11 Aug 2014RentedNew contract
AED 115,000/yr12 months · AED 69 per sqft
11 Aug 2013RentedNew contract
AED 100,000/yr12 months · AED 60 per sqft
30 Oct 2008Sold by developerReady · flagged as an outlier
AED 322,900AED 193 per sqft

Source: Dubai Land Department. Updated 11 April 2018.

Key facts

Type
3-bed apartment
Size
1,665 sqft
Floor
3rd of 6
Parking
T2-B-19
Service charge
AED 27,000 /yr
Last sold
AED 1.6M · April 2018
Building
Al Jaz 2

About 306, Al Jaz 2

306 is a three-bedroom apartment of 1,665 sqft on the 3rd floor of Al Jaz 2, a 6-storey tower in The Greens. It last sold on 11 April 2018 for AED 1,600,000, or AED 960 per sqft, 12% below the AED 1,088 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 25 June 2016, is AED 155,000 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 27,000 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, April 2018: AED 1,600,000 (AED 960 per sqft)

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

Rents
Unit 306, 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 2013: AED 100,000 a yearNew contract, August 2014: AED 115,000 a yearNew contract, October 2015: AED 155,000 a yearNew contract, June 2016: AED 155,000 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 306 sits

All 30 3-beds →

306 last sold in April 2018 at AED 960 per sqft, 12% below what three-beds in Al Jaz 2 were fetching at the time (AED 1,088). 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. 306's AED 155,000 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 3rd floor

All 45 units in Al Jaz 2
Value
3012-bedAED 1.65M · Jan 2018
3023-bedAED 2.6M · May 2025
3033-bedAED 1.3M · Feb 2021
3044-bedAED 2.19M · Feb 2023
3053-bedAED 1.81M · Aug 2016
3073-bedAED 874K · Jul 2007
3083-bedAED 3.63M · Feb 2026
1–7 of 9

306, Al Jaz 2 in numbers

  • Sold twice: first on 30 October 2008 for AED 322,900, last on 11 April 2018 for AED 1,600,000 (AED 960 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 100,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2018 price is 9.7%, 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 11 April 2018.

Questions about 306, Al Jaz 2

What did unit 306 last sell for?

AED 1,600,000 on 11 April 2018: AED 960 per sqft for 1,665 sqft. The unit has 2 registered sales; the first was AED 322,900 in October 2008.

What is the rent for unit 306?

AED 155,000 a year on the contract signed on 25 June 2016. The previous contract, from October 2015, was AED 155,000; the unit has been rented since August 2013.

How big is unit 306?

1,665 sqft (154.7 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 306 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 306, Al Jaz 2

Starts from the last sale price (AED 1.6M, 11 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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