2-bed · 1,292 sqftAl Thayyal 2, The Greens · 1st floor

118, Al Thayyal 2

Sold prices and rental history: sold twice, last in July 2012, 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 10 August 2026
Last soldAED 1.25M8 July 2012
Current rentAED 130K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Al Thayyal 2

What is 118 worth today?

Last sold for AED 1,250,000 in 2012

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10 Aug 2026RentedNew contract
AED 130,000/yr12 months · AED 101 per sqft
10 Jun 2025RentedNew contract
AED 145,000/yr12 months · AED 112 per sqft
10 Jun 2025RentedNew contract
AED 145,000/yr12 months · AED 112 per sqft
1 Feb 2024RentedRenewal
AED 91,080/yr9 months · AED 71 per sqft
1 Feb 2023RentedRenewal
AED 82,800/yr12 months · AED 64 per sqft
1 Feb 2022RentedRenewal
AED 72,000/yr12 months · AED 56 per sqft
1 Feb 2021RentedNew contract
AED 68,000/yr12 months · AED 53 per sqft
3 Oct 2019RentedRenewal
AED 100,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
2-bed apartment
Size
1,292 sqft
Floor
1st of 7
Parking
389
Service charge
AED 18,600 /yr
Last sold
AED 1.25M · July 2012
Building
Al Thayyal 2

About 118, Al Thayyal 2

118 is a two-bedroom apartment of 1,292 sqft on the 1st floor of Al Thayyal 2, a 7-storey tower in The Greens. It last sold on 8 July 2012 for AED 1,250,000, or AED 967 per sqft, 35% above the AED 717 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 10 August 2026, is AED 130,000 a year: a gross yield of 10.4% on the 2012 price, before the service charge of about AED 18,600 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical two-bed in Al Thayyal 2
1M2M2007201220172022Typical sale price by year: 2007 AED 331,444; 2008 AED 685,888; 2009 AED 792,709; 2010 AED 842,477; 2011 AED 815,000; 2012 AED 1,275,000; 2013 AED 1,511,500; 2015 AED 2,100,000; 2016 AED 1,400,000; 2023 AED 1,467,500Sold by developer, November 2007: AED 331,444 (AED 256 per sqft)Sold, July 2012: AED 1,250,000 (AED 967 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 2
100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 107,500; 2014 AED 120,000; 2015 AED 127,500; 2016 AED 127,500; 2017 AED 117,500; 2018 AED 107,500; 2019 AED 90,000; 2020 AED 78,000; 2021 AED 77,250; 2022 AED 82,000; 2023 AED 99,650; 2024 AED 113,400; 2025 AED 132,500; 2026 AED 125,000New contract, March 2013: AED 95,000 a yearNew contract, May 2014: AED 140,000 a yearNew contract, June 2015: AED 130,000 a yearRenewal, June 2016: AED 130,000 a yearNew contract, October 2017: AED 115,000 a yearRenewal, October 2018: AED 110,000 a yearRenewal, October 2019: AED 100,000 a yearNew contract, February 2021: AED 68,000 a yearRenewal, February 2022: AED 72,000 a yearRenewal, February 2023: AED 82,800 a yearRenewal, February 2024: AED 91,080 a yearNew contract, June 2025: AED 145,000 a yearNew contract, June 2025: AED 145,000 a yearNew contract, August 2026: AED 130,000 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 2, and where 118 sits

All 33 2-beds →

118 last sold in July 2012 at AED 967 per sqft, 35% above what two-beds in Al Thayyal 2 were fetching at the time (AED 717). 118's AED 130,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 May 20252,240,000
7 May 20252,150,000
18 Dec 20231,385,000
12 Sep 20231,750,000
0 2-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

118, Al Thayyal 2 in numbers

  • Sold twice: first on 22 November 2007 for AED 331,444, last on 8 July 2012 for AED 1,250,000 (AED 967 per sqft).
  • Rented since March 2013 on 14 Ejari contracts. The rent fell from AED 95,000 to AED 68,000 in 2021 and recovered to AED 130,000 by August 2026.
  • At AED 130,000 a year the gross yield on the 2012 price is 10.4%, before a service charge of about AED 18,600 a year (AED 14.39 per sqft).

Source: Dubai Land Department. Updated 10 August 2026.

Questions about 118, Al Thayyal 2

What did unit 118 last sell for?

AED 1,250,000 on 8 July 2012: AED 967 per sqft for 1,292 sqft. The unit has 2 registered sales; the first was AED 331,444 in November 2007.

What is the rent for unit 118?

AED 130,000 a year on the contract signed on 10 August 2026. The previous contract, from June 2025, was AED 145,000; the unit has been rented since March 2013.

How big is unit 118?

1,292 sqft (120.0 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.

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Mortgage on 118, Al Thayyal 2

Starts from the last sale price (AED 1.25M, 8 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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