3-bed · 1,471 sqftAl Jaz 3, The Greens · 3rd floor

305, Al Jaz 3

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 August 2021
Last soldAED 646K23 March 2014
Current rentAED 80K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Al Jaz 3

What is 305 worth today?

Last sold for AED 645,800 in 2014

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1 Aug 2021RentedRenewal
AED 80,000/yr12 months · AED 54 per sqft
1 Aug 2020RentedNew contract
AED 80,000/yr12 months · AED 54 per sqft
1 Sep 2019RentedNew contract
AED 90,000/yr12 months · AED 61 per sqft
20 Aug 2018RentedRenewal
AED 100,000/yr12 months · AED 68 per sqft
20 Aug 2017RentedRenewal
AED 100,000/yr12 months · AED 68 per sqft
20 Aug 2016RentedNew contract
AED 100,000/yr12 months · AED 68 per sqft
25 Jul 2015RentedNew contract
AED 118,000/yr12 months · AED 80 per sqft
25 Jul 2014RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 August 2021.

Key facts

Type
3-bed apartment
Size
1,471 sqft
Floor
3rd of 6
Parking
T3-B-18
Service charge
AED 23,900 /yr
Last sold
AED 646K · March 2014
Building
Al Jaz 3

About 305, Al Jaz 3

305 is a three-bedroom apartment of 1,471 sqft on the 3rd floor of Al Jaz 3, a 6-storey tower in The Greens. The developer sold it on 23 March 2014 for AED 645,800, or AED 439 per sqft, 62% below the AED 1,153 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 August 2021, is AED 80,000 a year: a gross yield of 12.4% on the 2014 price, before the service charge of about AED 23,900 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical three-bed in Al Jaz 3
1M2M20082011201420172020Typical 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, March 2014: AED 645,800 (AED 439 per sqft)

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

Rents
Unit 305, 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, July 2012: AED 95,000 a yearNew contract, July 2014: AED 110,000 a yearNew contract, July 2015: AED 118,000 a yearNew contract, August 2016: AED 100,000 a yearRenewal, August 2017: AED 100,000 a yearRenewal, August 2018: AED 100,000 a yearNew contract, September 2019: AED 90,000 a yearNew contract, August 2020: AED 80,000 a yearRenewal, August 2021: AED 80,000 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 305 sits

All 30 3-beds →

305 last sold in March 2014 at AED 439 per sqft, 62% below what three-beds in Al Jaz 3 were fetching at the time (AED 1,153). 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. 305's AED 80,000 is at the bottom 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 3rd floor

All 45 units in Al Jaz 3
Value
3012-bedAED 1.55M · Mar 2013
3023-bedAED 2.21M · Apr 2014
3033-bedAED 1.88M · May 2009
3044-bedAED 1.78M · Jan 2020
3063-bedAED 323K · Jul 2008
3073-bedAED 1.99M · Feb 2008
3083-bedAED 3.08M · Jan 2025
1–7 of 9

305, Al Jaz 3 in numbers

  • Sold once: by the developer on 23 March 2014 for AED 645,800, or AED 439 per sqft.
  • Rented since July 2012 on 9 Ejari contracts, from AED 95,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2014 price is 12.4%, before a service charge of about AED 23,900 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 1 August 2021.

Questions about 305, Al Jaz 3

What did unit 305 last sell for?

AED 645,800 on 23 March 2014, sold by the developer: AED 439 per sqft for 1,471 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 80,000 a year on the contract renewed on 1 August 2021. The previous contract, from August 2020, was AED 80,000; the unit has been rented since July 2012.

How big is unit 305?

1,471 sqft (136.7 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 305 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 305, Al Jaz 3

Starts from the last sale price (AED 646K, 23 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 645,800
Deposit, UAE resident (20%)
AED 129,160
Deposit, non-resident (40%)
AED 258,320
Monthly over 25 years at 3.7%
AED 2,642

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