1-bed · 755 sqftAl Thayyal 2, The Greens · 1st floor

116, Al Thayyal 2

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 785K11 January 2023
Current rentAED 60K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Al Thayyal 2

What is 116 worth today?

Last sold for AED 785,000 in 2023

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1 Feb 2023RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
11 Jan 2023SoldReady
AED 785,000AED 1,039 per sqft
1 Dec 2021RentedNew contract
AED 42,000/yr12 months · AED 56 per sqft
1 Dec 2020RentedRenewal
AED 42,000/yr12 months · AED 56 per sqft
1 Dec 2019RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
11 Aug 2019RentedRenewal
AED 58,538/yr2 months · AED 78 per sqft
11 Aug 2018RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
20 Mar 2014SoldReady
AED 1,000,000AED 1,324 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
1st of 7
Parking
B-399
Service charge
AED 10,900 /yr
Last sold
AED 785K · January 2023
Building
Al Thayyal 2

About 116, Al Thayyal 2

116 is a one-bedroom apartment of 755 sqft on the 1st floor of Al Thayyal 2, a 7-storey tower in The Greens. It last sold on 11 January 2023 for AED 785,000, or AED 1,039 per sqft, 6% above the AED 980 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 February 2023, is AED 60,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 10,900 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical one-bed in Al Thayyal 2
500K1M2007201220172022Typical sale price by year: 2007 AED 342,500; 2008 AED 740,000; 2009 AED 640,000; 2010 AED 620,000; 2011 AED 581,877; 2012 AED 640,000; 2013 AED 875,000; 2014 AED 1,110,000; 2015 AED 1,042,782; 2016 AED 1,090,000; 2018 AED 837,500; 2022 AED 740,000; 2023 AED 950,000; 2024 AED 1,120,000; 2025 AED 1,200,000Sold by developer, June 2010: AED 620,000 (AED 821 per sqft)Sold, March 2014: AED 1,000,000 (AED 1,324 per sqft)Sold, January 2023: AED 785,000 (AED 1,039 per sqft)

116 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 116, each contractTypical one-bed in Al Thayyal 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 57,750; 2013 AED 65,000; 2014 AED 83,000; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 60,000; 2020 AED 48,238; 2021 AED 45,000; 2022 AED 55,000; 2023 AED 66,075; 2024 AED 75,000; 2025 AED 78,375; 2026 AED 80,000New contract, April 2013: AED 52,853 a yearNew contract, August 2018: AED 60,000 a yearRenewal, August 2019: AED 58,538 a yearNew contract, December 2019: AED 50,000 a yearRenewal, December 2020: AED 42,000 a yearNew contract, December 2021: AED 42,000 a yearNew contract, February 2023: AED 60,000 a year

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

1-beds in Al Thayyal 2, and where 116 sits

All 65 1-beds →

116 last sold in January 2023 at AED 1,039 per sqft, 6% above what one-beds in Al Thayyal 2 were fetching at the time (AED 980). Over the last 12 months one-beds sold for AED 1,150,000 to 1,600,000, around AED 1,648 per sqft, and rent for AED 68,990 to 130,000 a year. 116's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jun 20261,600,000
9 Jun 20261,270,000
24 Nov 20251,150,000
18 Nov 20251,330,000
4 1-bed sales in the last 12 months

Al Thayyal 2

Building

118 apartments, studios to 2-bed over 7 floors in The Greens. 7 sold in the last 12 months.

Typical price per sqft
AED 1,675
Typical sale
AED 1.15M
Typical rent
AED 80K /yr
Typical yield
6.4%
Al Thayyal 2, The Greens: prices, sales and rents →

Other units on the 1st floor

All 118 units in Al Thayyal 2
Value
1011-bedAED 595K · Dec 2008
1021-bedAED 900K · Mar 2011
1031-bedAED 1.04M · May 2015
1041-bedAED 1.18M · Apr 2017
1052-bedAED 2.15M · May 2025
1061-bedAED 1.12M · Apr 2024
1071-bedAED 940K · May 2008
1–7 of 20

116, Al Thayyal 2 in numbers

  • Sold 3 times: first on 15 June 2010 for AED 620,000, last on 11 January 2023 for AED 785,000 (AED 1,039 per sqft).
  • Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 52,853 to AED 42,000 in 2021 and recovered to AED 60,000 by February 2023.
  • At AED 60,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 10,900 a year (AED 14.39 per sqft).
  • One-beds in Al Thayyal 2 sold for AED 1,150,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,675 per sqft.

Source: Dubai Land Department. Updated 1 February 2023.

Questions about 116, Al Thayyal 2

What did unit 116 last sell for?

AED 785,000 on 11 January 2023: AED 1,039 per sqft for 755 sqft. The unit has 3 registered sales; the first was AED 620,000 in June 2010.

What is the rent for unit 116?

AED 60,000 a year on the contract signed on 1 February 2023. The previous contract, from December 2021, was AED 42,000; the unit has been rented since April 2013.

How big is unit 116?

755 sqft (70.1 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Thayyal 2 sold for AED 1,150,000 to 1,600,000 in the last 12 months, around AED 1,648 per sqft.

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Mortgage on 116, Al Thayyal 2

Starts from the last sale price (AED 785K, 11 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 785,000
Deposit, UAE resident (20%)
AED 157,000
Deposit, non-resident (40%)
AED 314,000
Monthly over 25 years at 3.7%
AED 3,212

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