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2-bed · 1,156 sqftAl Thayyal 1, The Greens · 5th floor

517, Al Thayyal 1

Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 1.6M8 August 2024
Current rentAED 80K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 517, Al Thayyal 1

What is 517 worth today?

Last sold for AED 1,600,000 in 2024

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8 Aug 2024SoldReady
AED 1,600,000AED 1,383 per sqft
15 Feb 2023RentedRenewal
AED 80,000/yr12 months · AED 69 per sqft
15 Feb 2022RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft
22 Jul 2020RentedNew contract
AED 62,000/yr12 months · AED 54 per sqft
25 Jan 2020RentedNew contract
AED 76,000/yr12 months · AED 66 per sqft
15 Nov 2015RentedNew contract
AED 125,000/yr12 months · AED 109 per sqft
10 Jul 2015RentedRenewal
AED 130,000/yr12 months · AED 113 per sqft
10 Jul 2014RentedNew contract
AED 130,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 8 August 2024.

Key facts

Type
2-bed apartment
Size
1,156 sqft
Floor
5th of 7
Parking
2439 , 2440
Service charge
AED 16,600 /yr
Last sold
AED 1.6M · August 2024
Building
Al Thayyal 1

About 517, Al Thayyal 1

517 is a two-bedroom apartment of 1,156 sqft on the 5th floor of Al Thayyal 1, a 7-storey tower in The Greens. It last sold on 8 August 2024 for AED 1,600,000, or AED 1,383 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 15 February 2023, is AED 80,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 16,600 a year.

Sales and rents for 517 over time

Sales
Unit 517, 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, July 2008: AED 2,050,000 (AED 1,772 per sqft)Sold, July 2008: AED 872,000 (AED 754 per sqft)Sold, March 2014: AED 1,800,000 (AED 1,556 per sqft)Sold, August 2024: AED 1,600,000 (AED 1,383 per sqft)

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

Rents
Unit 517, each contractTypical two-bed in Al Thayyal 1
50K100K2012201620202024Typical 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, July 2014: AED 130,000 a yearRenewal, July 2015: AED 130,000 a yearNew contract, November 2015: AED 125,000 a yearNew contract, January 2020: AED 76,000 a yearNew contract, July 2020: AED 62,000 a yearNew contract, February 2022: AED 80,000 a yearRenewal, February 2023: AED 80,000 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 517 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. 517's AED 80,000 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 5th floor

All 107 units in Al Thayyal 1
Value
5151-bedAED 650K · Apr 2010
5161-bedAED 606K · Jun 2010
5182-bedAED 2.22M · Aug 2025
5192-bedAED 1.88M · Sep 2024

517, Al Thayyal 1 in numbers

  • Sold 4 times: first on 16 July 2008 for AED 872,000, last on 8 August 2024 for AED 1,600,000 (AED 1,383 per sqft).
  • Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 62,000 in 2020 and recovered to AED 80,000 by February 2023.
  • At AED 80,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 16,600 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 8 August 2024.

Questions about 517, Al Thayyal 1

What did unit 517 last sell for?

AED 1,600,000 on 8 August 2024: AED 1,383 per sqft for 1,156 sqft. The unit has 4 registered sales; the first was AED 872,000 in July 2008.

What is the rent for unit 517?

AED 80,000 a year on the contract renewed on 15 February 2023. The previous contract, from February 2022, was AED 80,000; the unit has been rented since July 2014.

How big is unit 517?

1,156 sqft (107.4 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower.

What is unit 517 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 517, Al Thayyal 1

Starts from the last sale price (AED 1.6M, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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