2-bed · 1,156 sqftAl Thayyal 4, The Greens · 5th floor

517, Al Thayyal 4

Sold prices and rental history: sold once, by the developer in November 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 23 August 2021
Last soldAED 563K30 November 2010
Current rentAED 66K /yr23 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, Al Thayyal 4

What is 517 worth today?

Last sold for AED 562,800 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 Aug 2021RentedRenewal
AED 66,000/yr12 months · AED 57 per sqft
23 Aug 2020RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft
7 Feb 2020RentedRenewal
AED 77,500/yr12 months · AED 67 per sqft
7 Feb 2019RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
10 Jan 2016RentedNew contract
AED 120,000/yr12 months · AED 104 per sqft
30 Nov 2010Sold by developerReady
AED 562,800AED 486 per sqft

Source: Dubai Land Department. Updated 23 August 2021.

Key facts

Type
2-bed apartment
Size
1,156 sqft
Floor
5th of 7
Parking
227
Service charge
AED 16,600 /yr
Last sold
AED 563K · November 2010
Building
Al Thayyal 4

About 517, Al Thayyal 4

517 is a two-bedroom apartment of 1,156 sqft on the 5th floor of Al Thayyal 4, a 7-storey tower in The Greens. The developer sold it on 30 November 2010 for AED 562,800, or AED 486 per sqft, 22% below the AED 624 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 23 August 2021, is AED 66,000 a year: a gross yield of 11.7% on the 2010 price, before the service charge of about AED 16,600 a year.

Sales and rents for 517 over time

Sales
Unit 517, each saleTypical two-bed in Al Thayyal 4
1M2M20072012201720222027Typical sale price by year: 2007 AED 675,800; 2008 AED 778,400; 2009 AED 975,000; 2010 AED 830,000; 2011 AED 772,500; 2012 AED 1,100,000; 2013 AED 1,690,000; 2014 AED 1,950,000; 2015 AED 1,730,000; 2016 AED 1,425,000; 2017 AED 1,567,500; 2022 AED 1,300,000; 2024 AED 1,800,000; 2026 AED 2,050,000Sold by developer, November 2010: AED 562,800 (AED 486 per sqft)

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

Rents
Unit 517, each contractTypical two-bed in Al Thayyal 4
50K100K2012201620202024Typical rent by year: 2012 AED 94,500; 2013 AED 105,000; 2014 AED 120,000; 2015 AED 129,000; 2016 AED 127,500; 2017 AED 125,000; 2018 AED 109,392; 2019 AED 92,000; 2020 AED 77,000; 2021 AED 80,000; 2022 AED 88,500; 2023 AED 102,000; 2024 AED 120,375; 2025 AED 121,875; 2026 AED 122,500New contract, January 2016: AED 120,000 a yearNew contract, February 2019: AED 85,000 a yearRenewal, February 2020: AED 77,500 a yearNew contract, August 2020: AED 60,000 a yearRenewal, August 2021: AED 66,000 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 4, and where 517 sits

All 33 2-beds →

517 last sold in November 2010 at AED 486 per sqft, 22% below what two-beds in Al Thayyal 4 were fetching at the time (AED 624). Over the last 12 months two-beds sold for AED 1,800,000 to 2,080,000, around AED 1,594 per sqft, and rent for AED 115,101 to 160,000 a year. 517's AED 66,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Sep 20262,050,000
23 Jun 20261,800,000
18 Mar 20262,080,000
15 Apr 20251,800,000
3 2-bed sales in the last 12 months

Al Thayyal 4

Building

108 apartments, 1-bed to 2-bed over 7 floors in The Greens. 8 sold in the last 12 months.

Typical price per sqft
AED 1,676
Typical sale
AED 1.63M
Typical rent
AED 83K /yr
Typical yield
6.2%
Al Thayyal 4, The Greens: prices, sales and rents →

Other units on the 5th floor

All 108 units in Al Thayyal 4
Value
5151-bedAED 1.01M · Aug 2016
5161-bedAED 622K · Aug 2010
5182-bedAED 1.39M · Nov 2022
5192-bedAED 676K · Jul 2008

517, Al Thayyal 4 in numbers

  • Sold once: by the developer on 30 November 2010 for AED 562,800, or AED 486 per sqft.
  • Rented since January 2016 on 5 Ejari contracts, from AED 120,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2010 price is 11.7%, before a service charge of about AED 16,600 a year (AED 14.39 per sqft).
  • Two-beds in Al Thayyal 4 sold for AED 1,800,000–2,080,000 in the 12 months to November 2026; the building's median across all types is AED 1,676 per sqft.

Source: Dubai Land Department. Updated 23 August 2021.

Questions about 517, Al Thayyal 4

What did unit 517 last sell for?

AED 562,800 on 30 November 2010, sold by the developer: AED 486 per sqft for 1,156 sqft. It is the only registered sale of the unit.

What is the rent for unit 517?

AED 66,000 a year on the contract renewed on 23 August 2021. The previous contract, from August 2020, was AED 60,000; the unit has been rented since January 2016.

How big is unit 517?

1,156 sqft (107.4 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower.

What is unit 517 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 4 sold for AED 1,800,000 to 2,080,000 in the last 12 months, around AED 1,594 per sqft.

Selling 517? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 517, Al Thayyal 4

Starts from the last sale price (AED 563K, 30 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 562,800
Deposit, UAE resident (20%)
AED 112,560
Deposit, non-resident (40%)
AED 225,120
Monthly over 25 years at 3.7%
AED 2,303

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