408, Al Jaz 2
Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Al Jaz 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 22 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,076 sqft
- Floor
- 4th of 6
- Parking
- T2-B-11 , T2-B-12
- Service charge
- AED 33,700 /yr
- Last sold
- AED 2.85M · August 2024
- Building
- Al Jaz 2
About 408, Al Jaz 2
408 is a three-bedroom apartment of 2,076 sqft on the 4th floor of Al Jaz 2, a 6-storey tower in The Greens. It last sold on 22 August 2024 for AED 2,850,000, or AED 1,372 per sqft, 9% above the AED 1,260 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 September 2023, is AED 131,250 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 33,700 a year.
Sales and rents for 408 over time
408 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 408 sits
All 30 3-beds →408 last sold in August 2024 at AED 1,372 per sqft, 9% above what three-beds in Al Jaz 2 were fetching at the time (AED 1,260). 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. 408's AED 131,250 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Feb 202627 February 2026 | 2,070 sqft | 3,630,000 | 1,753 | ||
| 27 May 202527 May 2025 | 1,652 sqft | 2,600,000 | 1,573 | ||
| 28 Nov 202428 November 2024 | 2,961 sqft | 3,600,000 | 1,216 | ||
| 7 Dec 20237 December 2023 | 1,652 sqft | 2,200,000 | 1,331 |
Al Jaz 2
Building45 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%
Other units on the 4th floor
All 45 units in Al Jaz 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 407 | 3-bed | 2,076 sqft | AED 1.2MAED 1,200,000 · Jun 2014June 2014 | 16,666 /yr |
408, Al Jaz 2 in numbers
- Sold 3 times: first on 7 May 2009 for AED 2,375,000, last on 22 August 2024 for AED 2,850,000 (AED 1,372 per sqft).
- Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 180,000 to AED 105,000 in 2020 and recovered to AED 131,250 by September 2023.
- At AED 131,250 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 33,700 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 22 August 2024.
Questions about 408, Al Jaz 2
What did unit 408 last sell for?
AED 2,850,000 on 22 August 2024: AED 1,372 per sqft for 2,076 sqft. The unit has 3 registered sales; the first was AED 2,375,000 in May 2009.
What is the rent for unit 408?
AED 131,250 a year on the contract renewed on 15 September 2023. The previous contract, from September 2022, was AED 125,000; the unit has been rented since December 2018.
How big is unit 408?
2,076 sqft (192.9 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower.
What is unit 408 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 408, Al Jaz 2
Starts from the last sale price (AED 2.85M, 22 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,850,000
- Deposit, UAE resident (20%)
- AED 570,000
- Deposit, non-resident (40%)
- AED 1,140,000
- Monthly over 25 years at 3.7%
- AED 11,660
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →