2-bed · 1,305 sqftAl Thayyal 1, The Greens · 1st floor

118, Al Thayyal 1

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 9 January 2025
Last soldAED 1.23M5 July 2022
Current rentAED 100K /yr9 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Al Thayyal 1

What is 118 worth today?

Last sold for AED 1,230,000 in 2022

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9 Jan 2025RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
9 Jan 2025RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
5 Jul 2022SoldReady
AED 1,230,000AED 942 per sqft
24 May 2021RentedRenewal
AED 84,000/yr12 months · AED 64 per sqft
24 May 2020RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
24 May 2019RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
24 May 2018RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
24 May 2017RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 9 January 2025.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
1st of 7
Parking
2058 , 2059
Service charge
AED 18,800 /yr
Last sold
AED 1.23M · July 2022
Building
Al Thayyal 1

About 118, Al Thayyal 1

118 is a two-bedroom apartment of 1,305 sqft on the 1st floor of Al Thayyal 1, a 7-storey tower in The Greens. It last sold on 5 July 2022 for AED 1,230,000, or AED 942 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 9 January 2025, is AED 100,000 a year: a gross yield of 8.1% on the 2022 price, before the service charge of about AED 18,800 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical two-bed in Al Thayyal 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 796,694; 2008 AED 1,050,000; 2009 AED 1,076,000; 2010 AED 1,522,000; 2011 AED 827,944; 2012 AED 1,000,000; 2013 AED 1,154,075; 2014 AED 1,725,000; 2015 AED 1,525,000; 2022 AED 1,175,000; 2024 AED 1,700,000; 2025 AED 2,100,000; 2026 AED 2,550,000Sold by developer, November 2010: AED 1,700,000 (AED 1,302 per sqft)Sold, July 2022: AED 1,230,000 (AED 942 per sqft)

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

Rents
Unit 118, each contractTypical two-bed in Al Thayyal 1
100K150K2012201620202024Typical rent by year: 2012 AED 78,500; 2013 AED 96,870; 2014 AED 125,000; 2015 AED 125,000; 2016 AED 124,500; 2017 AED 116,250; 2018 AED 105,000; 2019 AED 88,000; 2020 AED 73,000; 2021 AED 78,500; 2022 AED 85,000; 2023 AED 96,195; 2024 AED 110,675; 2025 AED 108,719; 2026 AED 120,750New contract, October 2013: AED 130,000 a yearNew contract, December 2016: AED 140,000 a yearNew contract, May 2017: AED 120,000 a yearRenewal, May 2018: AED 80,000 a yearRenewal, May 2019: AED 80,000 a yearRenewal, May 2020: AED 80,000 a yearRenewal, May 2021: AED 84,000 a yearNew contract, January 2025: AED 100,000 a yearNew contract, January 2025: AED 100,000 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 Thayyal 1, and where 118 sits

All 32 2-beds →

Over the last 12 months two-beds sold for AED 2,100,000 to 3,000,000, around AED 1,620 per sqft, and rent for AED 100,000 to 170,000 a year. 118's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20262,500,000
25 Aug 20262,600,000
30 Jun 20263,000,000
29 Jun 20262,170,000
6 2-bed sales in the last 12 months

Al Thayyal 1

Building

107 apartments, 1-bed to 2-bed over 7 floors in The Greens. 8 sold in the last 12 months.

Typical price per sqft
AED 1,620
Typical sale
AED 2.14M
Typical rent
AED 93K /yr
Typical yield
6.5%
Al Thayyal 1, The Greens: prices, sales and rents →

Other units on the 1st floor

All 107 units in Al Thayyal 1
Value
1011-bedAED 877K · Nov 2013
1021-bedAED 900K · Oct 2022
1031-bedAED 872K · Nov 2013
1041-bedAED 1.24M · Jan 2025
1052-bedAED 1.57M · Nov 2013
1061-bedAED 1.25M · Mar 2025
1071-bedAED 806K · Nov 2013
1–7 of 18

118, Al Thayyal 1 in numbers

  • Sold twice: first on 30 November 2010 for AED 1,700,000, last on 5 July 2022 for AED 1,230,000 (AED 942 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2020 and recovered to AED 100,000 by January 2025.
  • At AED 100,000 a year the gross yield on the 2022 price is 8.1%, before a service charge of about AED 18,800 a year (AED 14.39 per sqft).
  • Two-beds in Al Thayyal 1 sold for AED 2,100,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,620 per sqft.

Source: Dubai Land Department. Updated 9 January 2025.

Questions about 118, Al Thayyal 1

What did unit 118 last sell for?

AED 1,230,000 on 5 July 2022: AED 942 per sqft for 1,305 sqft. The unit has 2 registered sales; the first was AED 1,700,000 in November 2010.

What is the rent for unit 118?

AED 100,000 a year on the contract signed on 9 January 2025. The previous contract, from January 2025, was AED 100,000; the unit has been rented since October 2013.

How big is unit 118?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Thayyal 1 sold for AED 2,100,000 to 3,000,000 in the last 12 months, around AED 1,620 per sqft.

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Mortgage on 118, Al Thayyal 1

Starts from the last sale price (AED 1.23M, 5 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,230,000
Deposit, UAE resident (20%)
AED 246,000
Deposit, non-resident (40%)
AED 492,000
Monthly over 25 years at 3.7%
AED 5,032

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