1-bed · 758 sqftAl Thayyal 2, The Greens · 3rd floor

308, Al Thayyal 2

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 20 January 2020
Last soldAED 320K1 December 2008
Current rentAED 55K /yr20 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Al Thayyal 2

What is 308 worth today?

Last sold for AED 319,944 in 2008

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20 Jan 2020RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
10 Aug 2018RentedRenewal
AED 68,000/yr12 months · AED 90 per sqft
10 Aug 2017RentedNew contract
AED 78,000/yr12 months · AED 104 per sqft
9 Jul 2016RentedNew contract
AED 85,000/yr12 months · AED 113 per sqft
20 Jun 2013RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
20 Jun 2012RentedNew contract
AED 57,500/yr12 months · AED 76 per sqft
1 Dec 2008Sold by developerReady
AED 319,944AED 421 per sqft

Source: Dubai Land Department. Updated 20 January 2020.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
3rd of 7
Parking
374
Service charge
AED 10,900 /yr
Last sold
AED 320K · December 2008
Building
Al Thayyal 2

About 308, Al Thayyal 2

308 is a one-bedroom apartment of 758 sqft on the 3rd floor of Al Thayyal 2, a 7-storey tower in The Greens. The developer sold it on 1 December 2008 for AED 319,944, or AED 421 per sqft, 53% below the AED 892 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 20 January 2020, is AED 55,000 a year: a gross yield of 17.2% on the 2008 price, before the service charge of about AED 10,900 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, December 2008: AED 319,944 (AED 421 per sqft)

308 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 308, 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, June 2012: AED 57,500 a yearNew contract, June 2013: AED 60,000 a yearNew contract, July 2016: AED 85,000 a yearNew contract, August 2017: AED 78,000 a yearRenewal, August 2018: AED 68,000 a yearNew contract, January 2020: AED 55,000 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 308 sits

All 65 1-beds →

308 last sold in December 2008 at AED 421 per sqft, 53% below what one-beds in Al Thayyal 2 were fetching at the time (AED 892). 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. 308's AED 55,000 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 3rd floor

All 118 units in Al Thayyal 2
Value
3011-bedAED 800K · Feb 2024
3021-bedAED 900K · Mar 2018
3031-bedAED 1.16M · Oct 2024
3041-bedAED 620K · Oct 2007
3052-bedAED 1.49M · Mar 2013
3061-bedAED 750K · Sep 2022
3071-bedAED 736K · Jan 2009
1–7 of 20

308, Al Thayyal 2 in numbers

  • Sold once: by the developer on 1 December 2008 for AED 319,944, or AED 421 per sqft.
  • Rented since June 2012 on 6 Ejari contracts, from AED 57,500 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2008 price is 17.2%, 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 20 January 2020.

Questions about 308, Al Thayyal 2

What did unit 308 last sell for?

AED 319,944 on 1 December 2008, sold by the developer: AED 421 per sqft for 758 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 55,000 a year on the contract signed on 20 January 2020. The previous contract, from August 2018, was AED 68,000; the unit has been rented since June 2012.

How big is unit 308?

758 sqft (70.4 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 308 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 308, Al Thayyal 2

Starts from the last sale price (AED 320K, 1 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 319,944
Deposit, UAE resident (20%)
AED 63,989
Deposit, non-resident (40%)
AED 127,978
Monthly over 25 years at 3.7%
AED 1,309

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