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3-bed · 2,079 sqftAl Sidir 4, The Greens · 5th floor

508, Al Sidir 4

Sold prices and rental history: sold twice, last in February 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 28 February 2017
Last soldAED 2.2M27 February 2017
Current rentAED 168K /yr28 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Al Sidir 4

What is 508 worth today?

Last sold for AED 2,200,000 in 2017

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28 Feb 2017RentedNew contract
AED 168,000/yr6 months · AED 81 per sqft
27 Feb 2017SoldReady
AED 2,200,000AED 1,058 per sqft
18 Feb 2016RentedNew contract
AED 168,000/yr12 months · AED 81 per sqft
10 Feb 2015RentedNew contract
AED 168,000/yr12 months · AED 81 per sqft
1 Nov 2013RentedNew contract
AED 145,000/yr12 months · AED 70 per sqft
1 Nov 2012RentedNew contract
AED 145,000/yr12 months · AED 70 per sqft
7 Jul 2011Sold by developerReady
AED 1,850,000AED 890 per sqft

Source: Dubai Land Department. Updated 28 February 2017.

Key facts

Type
3-bed apartment
Size
2,079 sqft
Floor
5th of 6
Parking
nan
Service charge
AED 35,900 /yr
Last sold
AED 2.2M · February 2017
Building
Al Sidir 4

About 508, Al Sidir 4

508 is a three-bedroom apartment of 2,079 sqft on the 5th floor of Al Sidir 4, a 6-storey tower in The Greens. It last sold on 27 February 2017 for AED 2,200,000, or AED 1,058 per sqft, in line with the AED 1,088 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 28 February 2017, is AED 168,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 35,900 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical three-bed in Al Sidir 4
2M2007201220172022Typical sale price by year: 2007 AED 479,309; 2008 AED 1,785,000; 2010 AED 1,150,000; 2011 AED 1,550,000; 2013 AED 1,120,000; 2015 AED 893,800; 2017 AED 1,785,000; 2018 AED 1,487,500; 2019 AED 1,630,000; 2023 AED 2,800,000Sold by developer, July 2011: AED 1,850,000 (AED 890 per sqft)Sold, February 2017: AED 2,200,000 (AED 1,058 per sqft)

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

Rents
Unit 508, each contractTypical three-bed in Al Sidir 4
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 139,000; 2014 AED 160,000; 2015 AED 160,000; 2016 AED 165,000; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 129,000; 2020 AED 115,000; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 126,000; 2024 AED 160,000; 2025 AED 170,000; 2026 AED 172,500New contract, November 2012: AED 145,000 a yearNew contract, November 2013: AED 145,000 a yearNew contract, February 2015: AED 168,000 a yearNew contract, February 2016: AED 168,000 a yearNew contract, February 2017: AED 168,000 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 4, and where 508 sits

All 30 3-beds →

508 last sold in February 2017 at AED 1,058 per sqft, in line with what three-beds in Al Sidir 4 were fetching at the time (AED 1,088). 508's AED 168,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Dec 20232,900,000
26 May 20232,800,000
7 Apr 20231,975,000
29 Dec 20222,000,000
0 3-bed sales in the last 12 months

Al Sidir 4

Building

45 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 178K /yr
Typical yield
Al Sidir 4, The Greens: prices, sales and rents →

Other units on the 5th floor

All 45 units in Al Sidir 4
Value
5073-bedAED 1.79M · Feb 2008

508, Al Sidir 4 in numbers

  • Sold twice: first on 7 July 2011 for AED 1,850,000, last on 27 February 2017 for AED 2,200,000 (AED 1,058 per sqft).
  • Rented since November 2012 on 5 Ejari contracts, from AED 145,000 to AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2017 price is 7.6%, before a service charge of about AED 35,900 a year (AED 17.27 per sqft).

Source: Dubai Land Department. Updated 28 February 2017.

Questions about 508, Al Sidir 4

What did unit 508 last sell for?

AED 2,200,000 on 27 February 2017: AED 1,058 per sqft for 2,079 sqft. The unit has 2 registered sales; the first was AED 1,850,000 in July 2011.

What is the rent for unit 508?

AED 168,000 a year on the contract signed on 28 February 2017. The previous contract, from February 2016, was AED 168,000; the unit has been rented since November 2012.

How big is unit 508?

2,079 sqft (193.1 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 508 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 508, Al Sidir 4

Starts from the last sale price (AED 2.2M, 27 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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