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3-bed · 1,466 sqftAl Jaz 3, The Greens · 1st floor

103, Al Jaz 3

Sold prices and rental history: sold twice, last in July 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 25 July 2019
Last soldAED 1.45M25 July 2019
Current rentAED 160K /yr1 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 103, Al Jaz 3

What is 103 worth today?

Last sold for AED 1,450,000 in 2019

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25 Jul 2019SoldReady
AED 1,450,000AED 989 per sqft
1 Feb 2017RentedRenewal
AED 160,000/yr12 months · AED 109 per sqft
1 Feb 2016RentedNew contract
AED 160,000/yr12 months · AED 109 per sqft
13 Dec 2009Sold by developerReady
AED 462,500AED 315 per sqft

Source: Dubai Land Department. Updated 25 July 2019.

Key facts

Type
3-bed apartment
Size
1,466 sqft
Floor
1st of 6
Parking
T3-B-41
Service charge
AED 23,800 /yr
Last sold
AED 1.45M · July 2019
Building
Al Jaz 3

About 103, Al Jaz 3

103 is a three-bedroom apartment of 1,466 sqft on the 1st floor of Al Jaz 3, a 6-storey tower in The Greens. It last sold on 25 July 2019 for AED 1,450,000, or AED 989 per sqft, 9% above the AED 909 three-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 1 February 2017, is AED 160,000 a year: a gross yield of 11.0% on the 2019 price, before the service charge of about AED 23,800 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical three-bed in Al Jaz 3
1M2M2008201220162020Typical sale price by year: 2008 AED 843,800; 2009 AED 675,300; 2010 AED 675,800; 2011 AED 1,000,000; 2013 AED 1,321,900; 2014 AED 2,210,530; 2016 AED 1,800,000; 2019 AED 1,390,000Sold by developer, December 2009: AED 462,500 (AED 315 per sqft)Sold, July 2019: AED 1,450,000 (AED 989 per sqft)

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

Rents
Unit 103, each contractTypical three-bed in Al Jaz 3
100K150K2012201620202024Typical rent by year: 2012 AED 122,500; 2013 AED 135,000; 2014 AED 146,227; 2015 AED 157,500; 2016 AED 154,000; 2017 AED 155,000; 2018 AED 146,479; 2019 AED 120,000; 2020 AED 112,500; 2021 AED 106,500; 2022 AED 123,000; 2023 AED 132,500; 2024 AED 160,000; 2025 AED 180,000; 2026 AED 170,000New contract, February 2016: AED 160,000 a yearRenewal, February 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 3, and where 103 sits

All 30 3-beds →

103 last sold in July 2019 at AED 989 per sqft, 9% above what three-beds in Al Jaz 3 were fetching at the time (AED 909). Over the last 12 months three-beds sold for AED 2,580,000 to 3,350,000, around AED 1,605 per sqft, and rent for AED 140,000 to 280,001 a year. 103's AED 160,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
1 Sep 20263,350,000
11 Dec 20252,580,000
6 Jan 20253,075,000
30 Jul 20242,065,000
2 3-bed sales in the last 12 months

Al Jaz 3

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 1,708
Typical sale
AED 2.58M
Typical rent
AED 170K /yr
Typical yield
5.8%
Al Jaz 3, The Greens: prices, sales and rents →

Other units on the 1st floor

All 45 units in Al Jaz 3
Value
1012-bedAED 1.45M · Mar 2023
1023-bedAED 1.35M · Mar 2012
1044-bedAED 2.32M · May 2023
1053-bedAED 2.07M · Jul 2024
1063-bedAED 318K · Aug 2010
1073-bedAED 854K · Oct 2010
1083-bedAED 2.46M · Aug 2023
1–7 of 9

103, Al Jaz 3 in numbers

  • Sold twice: first on 13 December 2009 for AED 462,500, last on 25 July 2019 for AED 1,450,000 (AED 989 per sqft).
  • Rented since February 2016 on 2 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2019 price is 11.0%, before a service charge of about AED 23,800 a year (AED 16.24 per sqft).
  • Three-beds in Al Jaz 3 sold for AED 2,580,000–3,350,000 in the 12 months to November 2026; the building's median across all types is AED 1,708 per sqft.

Source: Dubai Land Department. Updated 25 July 2019.

Questions about 103, Al Jaz 3

What did unit 103 last sell for?

AED 1,450,000 on 25 July 2019: AED 989 per sqft for 1,466 sqft. The unit has 2 registered sales; the first was AED 462,500 in December 2009.

What is the rent for unit 103?

AED 160,000 a year on the contract renewed on 1 February 2017. The previous contract, from February 2016, was AED 160,000.

How big is unit 103?

1,466 sqft (136.2 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 103 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 3 sold for AED 2,580,000 to 3,350,000 in the last 12 months, around AED 1,605 per sqft.

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Mortgage on 103, Al Jaz 3

Starts from the last sale price (AED 1.45M, 25 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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