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1-bed · 768 sqftAl Thayyal 3, The Greens · 6th floor

616, Al Thayyal 3

Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 75K29 August 2022
Current rentAED 55K /yr5 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 616, Al Thayyal 3

What is 616 worth today?

Last sold for AED 74,526 in 2022

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5 Jul 2024RentedRenewal
AED 55,200/yr9 months · AED 72 per sqft
5 Jul 2023RentedRenewal
AED 55,200/yr12 months · AED 72 per sqft
29 Aug 2022SoldReady · flagged as an outlier
AED 74,526AED 97 per sqft
5 Jul 2022RentedRenewal
AED 48,000/yr12 months · AED 63 per sqft
5 Jul 2021RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
15 Apr 2020RentedNew contract
AED 62,500/yr12 months · AED 82 per sqft
10 Oct 2019SoldReady
AED 650,000AED 846 per sqft
15 Apr 2019RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 5 July 2024.

Key facts

Type
1-bed apartment
Size
768 sqft
Floor
6th of 7
Parking
278
Service charge
AED 11,000 /yr
Last sold
AED 75K · August 2022
Building
Al Thayyal 3

About 616, Al Thayyal 3

616 is a one-bedroom apartment of 768 sqft on the 6th floor of Al Thayyal 3, a 7-storey tower in The Greens. It last sold on 29 August 2022 for AED 74,526, or AED 97 per sqft, 86% below the AED 707 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 5 July 2024, is AED 55,200 a year: a gross yield of 74.1% on the 2022 price, before the service charge of about AED 11,000 a year.

Sales and rents for 616 over time

Sales
Unit 616, each saleTypical one-bed in Al Thayyal 3
500K1M1.5M20072012201720222027Typical sale price by year: 2007 AED 388,800; 2008 AED 445,000; 2009 AED 455,300; 2010 AED 434,800; 2011 AED 545,000; 2012 AED 640,000; 2013 AED 962,500; 2014 AED 1,140,000; 2015 AED 1,050,000; 2017 AED 1,017,500; 2018 AED 750,000; 2019 AED 650,000; 2021 AED 665,000; 2023 AED 932,500; 2024 AED 1,187,500; 2025 AED 1,270,000; 2026 AED 1,440,000Sold by developer, November 2011: AED 401,800 (AED 523 per sqft)Sold, October 2019: AED 650,000 (AED 846 per sqft)

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

Rents
Unit 616, each contractTypical one-bed in Al Thayyal 3
40K60K80K20112015201920232027Typical rent by year: 2011 AED 55,000; 2012 AED 64,000; 2013 AED 69,000; 2014 AED 80,000; 2015 AED 80,000; 2016 AED 83,000; 2017 AED 78,000; 2018 AED 70,000; 2019 AED 62,000; 2020 AED 50,500; 2021 AED 45,000; 2022 AED 54,000; 2023 AED 63,800; 2024 AED 73,000; 2025 AED 80,000; 2026 AED 83,000New contract, January 2013: AED 57,000 a yearNew contract, January 2014: AED 57,000 a yearNew contract, January 2015: AED 66,000 a yearNew contract, April 2018: AED 70,000 a yearNew contract, April 2019: AED 65,000 a yearNew contract, April 2020: AED 62,500 a yearNew contract, July 2021: AED 40,000 a yearRenewal, July 2022: AED 48,000 a yearRenewal, July 2023: AED 55,200 a yearRenewal, July 2024: AED 55,200 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 3, and where 616 sits

All 64 1-beds →

616 last sold in August 2022 at AED 97 per sqft, 86% below what one-beds in Al Thayyal 3 were fetching at the time (AED 707). Over the last 12 months one-beds sold for AED 1,280,000 to 1,485,000, around AED 1,754 per sqft, and rent for AED 40,000 to 125,000 a year. 616's AED 55,200 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Aug 20261,400,000
10 Apr 20261,485,000
3 Feb 20261,280,000
20 Jan 20261,480,000
4 1-bed sales in the last 12 months

Al Thayyal 3

Building

117 apartments, studios to 2-bed over 7 floors in The Greens. 5 sold in the last 12 months.

Typical price per sqft
AED 1,820
Typical sale
AED 1.48M
Typical rent
AED 80K /yr
Typical yield
5.7%
Al Thayyal 3, The Greens: prices, sales and rents →

Other units on the 6th floor

All 117 units in Al Thayyal 3
Value
6151-bedAED 910K · Aug 2023
6172-bedAED 850K · Nov 2020
6182-bedAED 1.96M · Jun 2008
6192-bedAED 1.45M · Jun 2013

616, Al Thayyal 3 in numbers

  • Sold 3 times: first on 22 November 2011 for AED 401,800, last on 29 August 2022 for AED 74,526 (AED 97 per sqft).
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 57,000 to AED 40,000 in 2021 and recovered to AED 55,200 by July 2024.
  • At AED 55,200 a year the gross yield on the 2022 price is 74.1%, before a service charge of about AED 11,000 a year (AED 14.39 per sqft).
  • One-beds in Al Thayyal 3 sold for AED 1,280,000–1,485,000 in the 12 months to November 2026; the building's median across all types is AED 1,820 per sqft.

Source: Dubai Land Department. Updated 5 July 2024.

Questions about 616, Al Thayyal 3

What did unit 616 last sell for?

AED 74,526 on 29 August 2022: AED 97 per sqft for 768 sqft. The unit has 3 registered sales; the first was AED 401,800 in November 2011.

What is the rent for unit 616?

AED 55,200 a year on the contract renewed on 5 July 2024. The previous contract, from July 2023, was AED 55,200; the unit has been rented since January 2013.

How big is unit 616?

768 sqft (71.3 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower.

What is unit 616 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 3 sold for AED 1,280,000 to 1,485,000 in the last 12 months, around AED 1,754 per sqft.

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Mortgage on 616, Al Thayyal 3

Starts from the last sale price (AED 75K, 29 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 74,526
Deposit, UAE resident (20%)
AED 14,905
Deposit, non-resident (40%)
AED 29,810
Monthly over 25 years at 3.7%
AED 305

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