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2-bed · 1,448 sqftAl Nakheel 2, The Greens · Ground floor

G04, Al Nakheel 2

Sold prices and rental history: sold twice, last in April 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G04 · DLD and Ejari recordsUpdated 30 April 2018
Last soldAED 1.35M30 April 2018
Current rentAED 120K /yr4 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G04, Al Nakheel 2

What is G04 worth today?

Last sold for AED 1,350,000 in 2018

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30 Apr 2018SoldReady
AED 1,350,000AED 932 per sqft
4 May 2017RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
25 Oct 2016RentedRenewal
AED 120,000/yr6 months · AED 83 per sqft
25 Oct 2015RentedRenewal
AED 120,000/yr12 months · AED 83 per sqft
25 Oct 2014RentedNew contract
AED 115,000/yr12 months · AED 79 per sqft
25 Oct 2013RentedNew contract
AED 115,000/yr12 months · AED 79 per sqft
10 Apr 2013RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
1 Aug 2010Sold by developerReady
AED 755,000AED 521 per sqft

Source: Dubai Land Department. Updated 30 April 2018.

Key facts

Type
2-bed apartment
Size
1,448 sqft
Floor
Ground of 6
Parking
B-28
Service charge
AED 25,600 /yr
Last sold
AED 1.35M · April 2018
Building
Al Nakheel 2

About G04, Al Nakheel 2

G04 is a two-bedroom apartment of 1,448 sqft on the ground floor of Al Nakheel 2, a 6-storey tower in The Greens. It last sold on 30 April 2018 for AED 1,350,000, or AED 932 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 4 May 2017, is AED 120,000 a year: a gross yield of 8.9% on the 2018 price, before the service charge of about AED 25,600 a year.

Sales and rents for G04 over time

Sales
Unit G04, each saleTypical two-bed in Al Nakheel 2
1M2M2007201220172022Typical sale price by year: 2007 AED 715,800; 2008 AED 673,800; 2011 AED 598,800; 2012 AED 1,100,000; 2016 AED 1,815,000; 2023 AED 1,627,500; 2025 AED 2,300,000Sold by developer, August 2010: AED 755,000 (AED 521 per sqft)Sold, April 2018: AED 1,350,000 (AED 932 per sqft)

G04 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G04, each contractTypical two-bed in Al Nakheel 2
100K150K2013201720212025Typical rent by year: 2013 AED 110,000; 2014 AED 115,000; 2015 AED 138,000; 2016 AED 140,000; 2017 AED 131,000; 2018 AED 125,000; 2019 AED 110,000; 2020 AED 103,000; 2021 AED 85,000; 2022 AED 90,000; 2023 AED 125,000; 2024 AED 140,000; 2025 AED 153,000New contract, April 2013: AED 110,000 a yearNew contract, October 2013: AED 115,000 a yearNew contract, October 2014: AED 115,000 a yearRenewal, October 2015: AED 120,000 a yearRenewal, October 2016: AED 120,000 a yearNew contract, May 2017: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Nakheel 2, and where G04 sits

All 14 2-beds →

Over the last 12 months two-beds sold for AED 3,200,000, around AED 2,261 per sqft, and rent for AED 210,000 to 210,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20263,200,000
19 Sep 20252,300,000
15 Sep 20252,380,000
21 Jul 20252,150,000
1 2-bed sale in the last 12 months

Al Nakheel 2

Building

53 apartments, 1-bed to 3-bed over 6 floors in The Greens. 4 sold in the last 12 months.

Typical price per sqft
AED 1,627
Typical sale
AED 2M
Typical rent
AED 178K /yr
Typical yield
6.8%
Al Nakheel 2, The Greens: prices, sales and rents →

Other units on the ground floor

All 53 units in Al Nakheel 2
Value
G012-bedAED 3.2M · Jul 2026
G023-bedAED 661K · Jan 2011
G03AED 676K · Mar 2010
G051-bedAED 1.4M · Apr 2025
G06AED 631K · Oct 2008
G071-bedAED 1.3M · Dec 2015
G08AED 1.15M · Feb 2026
1–7 of 10

G04, Al Nakheel 2 in numbers

  • Sold twice: first on 1 August 2010 for AED 755,000, last on 30 April 2018 for AED 1,350,000 (AED 932 per sqft).
  • Rented since April 2013 on 6 Ejari contracts, from AED 110,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2018 price is 8.9%, before a service charge of about AED 25,600 a year (AED 17.68 per sqft).
  • Two-beds in Al Nakheel 2 sold for AED 3,200,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,627 per sqft.

Source: Dubai Land Department. Updated 30 April 2018.

Questions about G04, Al Nakheel 2

What did unit G04 last sell for?

AED 1,350,000 on 30 April 2018: AED 932 per sqft for 1,448 sqft. The unit has 2 registered sales; the first was AED 755,000 in August 2010.

What is the rent for unit G04?

AED 120,000 a year on the contract signed on 4 May 2017. The previous contract, from October 2016, was AED 120,000; the unit has been rented since April 2013.

How big is unit G04?

1,448 sqft (134.5 sqm): a two-bedroom apartment on the ground floor of a 6-storey tower.

What is unit G04 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Nakheel 2 sold for AED 3,200,000 to 3,200,000 in the last 12 months, around AED 2,261 per sqft.

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Mortgage on G04, Al Nakheel 2

Starts from the last sale price (AED 1.35M, 30 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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