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3-bed · 1,863 sqftAl Jaz 3, The Greens · 6th floor

607, Al Jaz 3

Sold prices and rental history: sold twice, last in December 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 19 December 2018
Last soldAED 1.8M19 December 2018
Current rentAED 160K /yr14 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 607, Al Jaz 3

What is 607 worth today?

Last sold for AED 1,800,000 in 2018

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19 Dec 2018SoldReady
AED 1,800,000AED 966 per sqft
14 Jul 2017RentedRenewal
AED 160,000/yr12 months · AED 86 per sqft
14 Apr 2016RentedRenewal
AED 180,000/yr15 months · AED 97 per sqft
14 Apr 2015RentedNew contract
AED 180,000/yr12 months · AED 97 per sqft
14 Apr 2014RentedNew contract
AED 145,000/yr12 months · AED 78 per sqft
20 May 2013Sold by developerReady
AED 933,800AED 501 per sqft
14 Apr 2013RentedNew contract
AED 145,000/yr12 months · AED 78 per sqft
14 Apr 2012RentedNew contract
AED 125,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 19 December 2018.

Key facts

Type
3-bed apartment
Size
1,863 sqft
Floor
6th of 6
Parking
T3-B-03 , T3-B-04
Service charge
AED 30,300 /yr
Last sold
AED 1.8M · December 2018
Building
Al Jaz 3

About 607, Al Jaz 3

607 is a three-bedroom apartment of 1,863 sqft on the 6th floor of Al Jaz 3, a 6-storey tower in The Greens. It last sold on 19 December 2018 for AED 1,800,000, or AED 966 per sqft.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 14 July 2017, is AED 160,000 a year: a gross yield of 8.9% on the 2018 price, before the service charge of about AED 30,300 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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, May 2013: AED 933,800 (AED 501 per sqft)Sold, December 2018: AED 1,800,000 (AED 966 per sqft)

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

Rents
Unit 607, 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, April 2012: AED 125,000 a yearNew contract, April 2013: AED 145,000 a yearNew contract, April 2014: AED 145,000 a yearNew contract, April 2015: AED 180,000 a yearRenewal, April 2016: AED 180,000 a yearRenewal, July 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 607 sits

All 30 3-beds →

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. 607'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 6th floor

All 45 units in Al Jaz 3
Value
6083-bedAED 2.15M · Mar 2023

607, Al Jaz 3 in numbers

  • Sold twice: first on 20 May 2013 for AED 933,800, last on 19 December 2018 for AED 1,800,000 (AED 966 per sqft).
  • Rented since April 2012 on 6 Ejari contracts, from AED 125,000 to 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 30,300 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 19 December 2018.

Questions about 607, Al Jaz 3

What did unit 607 last sell for?

AED 1,800,000 on 19 December 2018: AED 966 per sqft for 1,863 sqft. The unit has 2 registered sales; the first was AED 933,800 in May 2013.

What is the rent for unit 607?

AED 160,000 a year on the contract renewed on 14 July 2017. The previous contract, from April 2016, was AED 180,000; the unit has been rented since April 2012.

How big is unit 607?

1,863 sqft (173.1 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 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 607, Al Jaz 3

Starts from the last sale price (AED 1.8M, 19 December 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 →