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3-bed · 1,861 sqftAl Jaz 3, The Greens · 6th floor

608, Al Jaz 3

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 3 March 2023
Last soldAED 2.15M3 March 2023
Current rentAED 111K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 608, Al Jaz 3

What is 608 worth today?

Last sold for AED 2,150,000 in 2023

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3 Mar 2023SoldReady
AED 2,150,000AED 1,155 per sqft
1 May 2022RentedRenewal
AED 111,000/yr12 months · AED 60 per sqft
1 May 2021RentedNew contract
AED 103,000/yr12 months · AED 55 per sqft
1 Apr 2020RentedNew contract
AED 115,000/yr12 months · AED 62 per sqft
1 Apr 2019RentedRenewal
AED 135,000/yr12 months · AED 72 per sqft
1 Apr 2018RentedRenewal
AED 142,000/yr12 months · AED 76 per sqft
1 Apr 2017RentedNew contract
AED 148,000/yr12 months · AED 79 per sqft
8 Dec 2016SoldReady
AED 2,150,000AED 1,155 per sqft

Source: Dubai Land Department. Updated 3 March 2023.

Key facts

Type
3-bed apartment
Size
1,861 sqft
Floor
6th of 6
Parking
T3-B-01 , T3-B-02
Service charge
AED 30,200 /yr
Last sold
AED 2.15M · March 2023
Building
Al Jaz 3

About 608, Al Jaz 3

608 is a three-bedroom apartment of 1,861 sqft on the 6th floor of Al Jaz 3, a 6-storey tower in The Greens. It last sold on 3 March 2023 for AED 2,150,000, or AED 1,155 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 111,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 30,200 a year.

Sales and rents for 608 over time

Sales
Unit 608, 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, May 2008: AED 1,525,000 (AED 819 per sqft)Sold, December 2016: AED 2,150,000 (AED 1,155 per sqft)Sold, March 2023: AED 2,150,000 (AED 1,155 per sqft)

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

Rents
Unit 608, 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 2017: AED 148,000 a yearRenewal, April 2018: AED 142,000 a yearRenewal, April 2019: AED 135,000 a yearNew contract, April 2020: AED 115,000 a yearNew contract, May 2021: AED 103,000 a yearRenewal, May 2022: AED 111,000 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 608 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. 608's AED 111,000 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 6th floor

All 45 units in Al Jaz 3
Value
6073-bedAED 1.8M · Dec 2018

608, Al Jaz 3 in numbers

  • Sold 3 times: first on 13 May 2008 for AED 1,525,000, last on 3 March 2023 for AED 2,150,000 (AED 1,155 per sqft).
  • Rented since April 2017 on 6 Ejari contracts, from AED 148,000 to AED 111,000 a year.
  • At AED 111,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 30,200 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 3 March 2023.

Questions about 608, Al Jaz 3

What did unit 608 last sell for?

AED 2,150,000 on 3 March 2023: AED 1,155 per sqft for 1,861 sqft. The unit has 3 registered sales; the first was AED 1,525,000 in May 2008.

What is the rent for unit 608?

AED 111,000 a year on the contract renewed on 1 May 2022. The previous contract, from May 2021, was AED 103,000; the unit has been rented since April 2017.

How big is unit 608?

1,861 sqft (172.9 sqm): a three-bedroom apartment on the 6th floor of a 6-storey tower.

What is unit 608 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 608, Al Jaz 3

Starts from the last sale price (AED 2.15M, 3 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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