3-bed · 2,076 sqftAl Sidir 2, The Greens · 4th floor

407, Al Sidir 2

Sold prices and rental history: sold twice, last in June 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 11 June 2018
Last soldAED 1.86M11 June 2018
Current rentAED 167K /yr15 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Al Sidir 2

What is 407 worth today?

Last sold for AED 1,860,000 in 2018

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11 Jun 2018SoldReady
AED 1,860,000AED 895 per sqft
15 Mar 2017RentedRenewal
AED 167,000/yr12 months · AED 80 per sqft
16 Mar 2016RentedRenewal
AED 167,499/yr12 months · AED 81 per sqft
16 Mar 2015RentedNew contract
AED 167,000/yr12 months · AED 80 per sqft
3 Nov 2009Sold by developerReady
AED 1,285,000AED 618 per sqft

Source: Dubai Land Department. Updated 11 June 2018.

Key facts

Type
3-bed apartment
Size
2,076 sqft
Floor
4th of 6
Parking
nan
Service charge
AED 35,900 /yr
Last sold
AED 1.86M · June 2018
Building
Al Sidir 2

About 407, Al Sidir 2

407 is a three-bedroom apartment of 2,076 sqft on the 4th floor of Al Sidir 2, a 6-storey tower in The Greens. It last sold on 11 June 2018 for AED 1,860,000, or AED 895 per sqft.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 15 March 2017, is AED 167,000 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 35,900 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical three-bed in Al Sidir 2
1M2M2007201020132016Typical sale price by year: 2007 AED 675,800; 2008 AED 1,868,000; 2009 AED 1,750,000; 2010 AED 840,844; 2012 AED 1,275,000; 2015 AED 1,900,000; 2016 AED 2,125,000Sold by developer, November 2009: AED 1,285,000 (AED 618 per sqft)Sold, June 2018: AED 1,860,000 (AED 895 per sqft)

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

Rents
Unit 407, each contractTypical three-bed in Al Sidir 2
100K150K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 145,000; 2014 AED 157,500; 2015 AED 166,000; 2016 AED 167,750; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 125,001; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 139,300; 2024 AED 164,250; 2025 AED 170,000; 2026 AED 165,375New contract, March 2015: AED 167,000 a yearRenewal, March 2016: AED 167,499 a yearRenewal, March 2017: AED 167,000 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 Sidir 2, and where 407 sits

All 29 3-beds →

407's AED 167,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Nov 20253,725,000
22 Jul 20243,250,000
30 Nov 20232,080,000
3 Nov 20232,100,000
0 3-bed sales in the last 12 months

Al Sidir 2

Building

44 apartments, 2-bed to 4-bed over 6 floors in The Greens. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 169K /yr
Typical yield
Al Sidir 2, The Greens: prices, sales and rents →

407, Al Sidir 2 in numbers

  • Sold twice: first on 3 November 2009 for AED 1,285,000, last on 11 June 2018 for AED 1,860,000 (AED 895 per sqft).
  • Rented since March 2015 on 3 Ejari contracts, at AED 167,000 a year.
  • At AED 167,000 a year the gross yield on the 2018 price is 9.0%, before a service charge of about AED 35,900 a year (AED 17.27 per sqft).

Source: Dubai Land Department. Updated 11 June 2018.

Questions about 407, Al Sidir 2

What did unit 407 last sell for?

AED 1,860,000 on 11 June 2018: AED 895 per sqft for 2,076 sqft. The unit has 2 registered sales; the first was AED 1,285,000 in November 2009.

What is the rent for unit 407?

AED 167,000 a year on the contract renewed on 15 March 2017. The previous contract, from March 2016, was AED 167,499; the unit has been rented since March 2015.

How big is unit 407?

2,076 sqft (192.9 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 407, Al Sidir 2

Starts from the last sale price (AED 1.86M, 11 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,860,000
Deposit, UAE resident (20%)
AED 372,000
Deposit, non-resident (40%)
AED 744,000
Monthly over 25 years at 3.7%
AED 7,610

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