2-bed · 1,135 sqftAl Thayyal 3, The Greens · 6th floor

617, Al Thayyal 3

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 29 November 2020
Last soldAED 850K29 November 2020
Current rentAED 90K /yr1 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Al Thayyal 3

What is 617 worth today?

Last sold for AED 850,000 in 2020

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29 Nov 2020SoldReady
AED 850,000AED 749 per sqft
1 Jul 2019RentedRenewal
AED 90,000/yr12 months · AED 80 per sqft
1 Jul 2018RentedNew contract
AED 96,000/yr12 months · AED 85 per sqft
1 Feb 2018RentedRenewal
AED 125,000/yr12 months · AED 111 per sqft
1 Feb 2017RentedRenewal
AED 125,000/yr12 months · AED 111 per sqft
1 Feb 2016RentedRenewal
AED 120,000/yr12 months · AED 106 per sqft
1 Feb 2015RentedNew contract
AED 120,000/yr12 months · AED 106 per sqft
1 Feb 2014RentedNew contract
AED 120,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 29 November 2020.

Key facts

Type
2-bed apartment
Size
1,135 sqft
Floor
6th of 7
Parking
279
Service charge
AED 16,300 /yr
Last sold
AED 850K · November 2020
Building
Al Thayyal 3

About 617, Al Thayyal 3

617 is a two-bedroom apartment of 1,135 sqft on the 6th floor of Al Thayyal 3, a 7-storey tower in The Greens. It last sold on 29 November 2020 for AED 850,000, or AED 749 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 July 2019, is AED 90,000 a year: a gross yield of 10.6% on the 2020 price, before the service charge of about AED 16,300 a year.

Sales and rents for 617 over time

Sales
Unit 617, each saleTypical two-bed in Al Thayyal 3
1M2M2008201320182023Typical sale price by year: 2008 AED 1,217,500; 2009 AED 850,000; 2010 AED 750,000; 2012 AED 937,500; 2013 AED 1,525,000; 2014 AED 1,622,661; 2015 AED 1,700,000; 2016 AED 1,400,000; 2018 AED 810,000; 2022 AED 1,420,000; 2023 AED 1,300,000; 2024 AED 1,750,000; 2025 AED 2,000,000Sold by developer, February 2008: AED 576,800 (AED 508 per sqft)Sold, November 2020: AED 850,000 (AED 749 per sqft)

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

Rents
Unit 617, each contractTypical two-bed in Al Thayyal 3
100K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 110,000; 2014 AED 120,000; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 125,750; 2018 AED 104,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 73,500; 2022 AED 82,000; 2023 AED 98,963; 2024 AED 115,000; 2025 AED 121,500; 2026 AED 122,000New contract, May 2013: AED 120,000 a yearNew contract, February 2014: AED 120,000 a yearNew contract, February 2015: AED 120,000 a yearRenewal, February 2016: AED 120,000 a yearRenewal, February 2017: AED 125,000 a yearRenewal, February 2018: AED 125,000 a yearNew contract, July 2018: AED 96,000 a yearRenewal, July 2019: AED 90,000 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 3, and where 617 sits

All 33 2-beds →

Over the last 12 months two-beds sold for AED 2,100,000, around AED 1,853 per sqft, and rent for AED 70,000 to 170,000 a year. 617's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jul 20262,100,000
31 Oct 20252,425,000
16 Jul 20251,700,000
19 Jun 20252,000,000
1 2-bed sale 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
6161-bedAED 75K · Aug 2022
6182-bedAED 1.96M · Jun 2008
6192-bedAED 1.45M · Jun 2013

617, Al Thayyal 3 in numbers

  • Sold twice: first on 3 February 2008 for AED 576,800, last on 29 November 2020 for AED 850,000 (AED 749 per sqft).
  • Rented since May 2013 on 8 Ejari contracts, from AED 120,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 10.6%, before a service charge of about AED 16,300 a year (AED 14.39 per sqft).
  • Two-beds in Al Thayyal 3 sold for AED 2,100,000–2,100,000 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 29 November 2020.

Questions about 617, Al Thayyal 3

What did unit 617 last sell for?

AED 850,000 on 29 November 2020: AED 749 per sqft for 1,135 sqft. The unit has 2 registered sales; the first was AED 576,800 in February 2008.

What is the rent for unit 617?

AED 90,000 a year on the contract renewed on 1 July 2019. The previous contract, from July 2018, was AED 96,000; the unit has been rented since May 2013.

How big is unit 617?

1,135 sqft (105.4 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower.

What is unit 617 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 3 sold for AED 2,100,000 to 2,100,000 in the last 12 months, around AED 1,853 per sqft.

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Mortgage on 617, Al Thayyal 3

Starts from the last sale price (AED 850K, 29 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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