3-bed · 1,602 sqftAl Jaz 4, The Greens · 3rd floor

305, Al Jaz 4

Sold prices and rental history: sold 4 times, last in August 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 9 November 2021
Last soldAED 1.5M5 August 2021
Current rentAED 10K /yr9 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Al Jaz 4

What is 305 worth today?

Last sold for AED 1,500,000 in 2021

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9 Nov 2021RentedNew contract · flagged as an outlier
AED 10,000/yr12 months · AED 6 per sqft
5 Aug 2021SoldReady
AED 1,500,000AED 936 per sqft
2 Nov 2019RentedRenewal
AED 110,000/yr12 months · AED 69 per sqft
2 Nov 2018RentedNew contract
AED 120,000/yr12 months · AED 75 per sqft
19 Jun 2014SoldReady
AED 2,425,000AED 1,513 per sqft
8 Jun 2014RentedNew contract
AED 170,000/yr12 months · AED 106 per sqft
4 Jun 2013SoldReady
AED 1,650,000AED 1,029 per sqft
9 Nov 2009Sold by developerReady
AED 322,900AED 201 per sqft

Source: Dubai Land Department. Updated 9 November 2021.

Key facts

Type
3-bed apartment
Size
1,602 sqft
Floor
3rd of 6
Parking
T4-B-18
Service charge
AED 26,000 /yr
Last sold
AED 1.5M · August 2021
Building
Al Jaz 4

About 305, Al Jaz 4

305 is a three-bedroom apartment of 1,602 sqft on the 3rd floor of Al Jaz 4, a 6-storey tower in The Greens. It last sold on 5 August 2021 for AED 1,500,000, or AED 936 per sqft, in line with the AED 921 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 9 November 2021, is AED 10,000 a year: a gross yield of 0.7% on the 2021 price, before the service charge of about AED 26,000 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical three-bed in Al Jaz 4
02M2008201220162020Typical sale price by year: 2008 AED 804,400; 2009 AED 429,400; 2010 AED 1,350,000; 2012 AED 1,400,000; 2013 AED 1,650,000; 2014 AED 2,612,500; 2015 AED 2,050,000; 2017 AED 1,830,000; 2021 AED 1,657,500Sold by developer, November 2009: AED 322,900 (AED 201 per sqft)Sold, June 2013: AED 1,650,000 (AED 1,029 per sqft)Sold, June 2014: AED 2,425,000 (AED 1,513 per sqft)Sold, August 2021: AED 1,500,000 (AED 936 per sqft)

305 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 305, each contractTypical three-bed in Al Jaz 4
100K150K2013201720212025Typical rent by year: 2013 AED 145,000; 2014 AED 162,500; 2015 AED 165,000; 2016 AED 163,500; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 111,000; 2022 AED 115,500; 2023 AED 150,000; 2024 AED 167,500; 2025 AED 165,000; 2026 AED 170,000New contract, June 2014: AED 170,000 a yearNew contract, November 2018: AED 120,000 a yearRenewal, November 2019: AED 110,000 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 4, and where 305 sits

All 30 3-beds →

305 last sold in August 2021 at AED 936 per sqft, in line with what three-beds in Al Jaz 4 were fetching at the time (AED 921). Over the last 12 months three-beds sold for AED 2,600,000 to 3,300,000, around AED 1,600 per sqft, and rent for AED 60,000 to 245,000 a year. 305's AED 10,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
1 Jul 20263,200,000
15 Dec 20252,600,000
5 Dec 20253,300,000
26 Jun 20242,350,000
3 3-bed sales in the last 12 months

Al Jaz 4

Building

45 apartments, 2-bed to 4-bed over 6 floors in The Greens. 5 sold in the last 12 months.

Typical price per sqft
AED 1,600
Typical sale
AED 2.73M
Typical rent
AED 165K /yr
Typical yield
6.2%
Al Jaz 4, The Greens: prices, sales and rents →

Other units on the 3rd floor

All 45 units in Al Jaz 4
Value
3012-bedAED 2.23M · Sep 2014
3023-bedAED 1.66M · Dec 2022
3033-bedAED 1.77M · Feb 2013
3044-bedAED 1.85M · Sep 2020
3063-bedAED 2.73M · Jun 2008
3073-bedAED 2.61M · Feb 2023
3083-bedAED 1.23M · Feb 2008
1–7 of 9

305, Al Jaz 4 in numbers

  • Sold 4 times: first on 9 November 2009 for AED 322,900, last on 5 August 2021 for AED 1,500,000 (AED 936 per sqft).
  • Rented since June 2014 on 4 Ejari contracts, from AED 170,000 to AED 10,000 a year.
  • At AED 10,000 a year the gross yield on the 2021 price is 0.7%, before a service charge of about AED 26,000 a year (AED 16.24 per sqft).
  • Three-beds in Al Jaz 4 sold for AED 2,600,000–3,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,600 per sqft.

Source: Dubai Land Department. Updated 9 November 2021.

Questions about 305, Al Jaz 4

What did unit 305 last sell for?

AED 1,500,000 on 5 August 2021: AED 936 per sqft for 1,602 sqft. The unit has 4 registered sales; the first was AED 322,900 in November 2009.

What is the rent for unit 305?

AED 10,000 a year on the contract signed on 9 November 2021. The previous contract, from November 2019, was AED 110,000; the unit has been rented since June 2014.

How big is unit 305?

1,602 sqft (148.8 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 4 sold for AED 2,600,000 to 3,300,000 in the last 12 months, around AED 1,600 per sqft.

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Mortgage on 305, Al Jaz 4

Starts from the last sale price (AED 1.5M, 5 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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