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3-bed · 2,128 sqftAl Jaz 2, The Greens · 6th floor

607, Al Jaz 2

Sold prices and rental history: sold 3 times, last in August 2018, and rented once, from October 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 15 August 2018
Last soldAED 1.8M15 August 2018
Current rentAED 160K /yr15 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 607, Al Jaz 2

What is 607 worth today?

Last sold for AED 1,800,000 in 2018

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15 Aug 2018SoldReady
AED 1,800,000AED 845 per sqft
15 Oct 2017RentedNew contract
AED 160,000/yr12 months · AED 75 per sqft
6 Apr 2017SoldReady
AED 2,150,000AED 1,010 per sqft
13 Aug 2007Sold by developerReady
AED 933,800AED 438 per sqft

Source: Dubai Land Department. Updated 15 August 2018.

Key facts

Type
3-bed apartment
Size
2,128 sqft
Floor
6th of 6
Parking
T2-B-03 , T2-B-04
Service charge
AED 34,600 /yr
Last sold
AED 1.8M · August 2018
Building
Al Jaz 2

About 607, Al Jaz 2

607 is a three-bedroom apartment of 2,128 sqft on the 6th floor of Al Jaz 2, a 6-storey tower in The Greens. It last sold on 15 August 2018 for AED 1,800,000, or AED 845 per sqft, 12% below the AED 960 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 October 2017. The current contract, signed on 15 October 2017, is AED 160,000 a year: a gross yield of 8.9% on the 2018 price, before the service charge of about AED 34,600 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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, August 2007: AED 933,800 (AED 438 per sqft)Sold, April 2017: AED 2,150,000 (AED 1,010 per sqft)Sold, August 2018: AED 1,800,000 (AED 845 per sqft)

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

Rents
Unit 607, 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, October 2017: AED 160,000 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 607 sits

All 30 3-beds →

607 last sold in August 2018 at AED 845 per sqft, 12% below what three-beds in Al Jaz 2 were fetching at the time (AED 960). 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. 607's AED 160,000 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 6th floor

All 45 units in Al Jaz 2
Value
6083-bedAED 1.73M · May 2019

607, Al Jaz 2 in numbers

  • Sold 3 times: first on 13 August 2007 for AED 933,800, last on 15 August 2018 for AED 1,800,000 (AED 845 per sqft).
  • Rented since October 2017 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2018 price is 8.9%, before a service charge of about AED 34,600 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 15 August 2018.

Questions about 607, Al Jaz 2

What did unit 607 last sell for?

AED 1,800,000 on 15 August 2018: AED 845 per sqft for 2,128 sqft. The unit has 3 registered sales; the first was AED 933,800 in August 2007.

What is the rent for unit 607?

AED 160,000 a year on the contract signed on 15 October 2017.

How big is unit 607?

2,128 sqft (197.7 sqm): a three-bedroom apartment on the 6th floor of a 6-storey tower.

What is unit 607 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 607, Al Jaz 2

Starts from the last sale price (AED 1.8M, 15 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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