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2-bed · 1,305 sqftAl Thayyal 4, The Greens · 5th floor

518, Al Thayyal 4

Sold prices and rental history: sold 5 times, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 23 November 2022
Last soldAED 1.39M23 November 2022
Current rentAED 90K /yr20 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 518, Al Thayyal 4

What is 518 worth today?

Last sold for AED 1,390,000 in 2022

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23 Nov 2022SoldReady
AED 1,390,000AED 1,065 per sqft
20 Apr 2022RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
15 Aug 2021RentedRenewal
AED 72,000/yr12 months · AED 55 per sqft
15 Aug 2020RentedNew contract
AED 72,000/yr12 months · AED 55 per sqft
15 Jul 2019RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
10 Nov 2018RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
10 Aug 2018RentedNew contract
AED 105,000/yr12 months · AED 81 per sqft
14 Jan 2018RentedRenewal
AED 115,000/yr6 months · AED 88 per sqft

Source: Dubai Land Department. Updated 23 November 2022.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
5th of 7
Parking
226
Service charge
AED 18,800 /yr
Last sold
AED 1.39M · November 2022
Building
Al Thayyal 4

About 518, Al Thayyal 4

518 is a two-bedroom apartment of 1,305 sqft on the 5th floor of Al Thayyal 4, a 7-storey tower in The Greens. It last sold on 23 November 2022 for AED 1,390,000, or AED 1,065 per sqft, 7% above the AED 991 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 20 April 2022, is AED 90,000 a year: a gross yield of 6.5% on the 2022 price, before the service charge of about AED 18,800 a year.

Sales and rents for 518 over time

Sales
Unit 518, 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, February 2009: AED 1,112,727 (AED 852 per sqft)Sold, May 2009: AED 1,000,000 (AED 766 per sqft)Sold, February 2012: AED 1,100,000 (AED 843 per sqft)Sold, December 2013: AED 1,800,000 (AED 1,379 per sqft)Sold, November 2022: AED 1,390,000 (AED 1,065 per sqft)

518 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 518, each contractTypical two-bed in Al Thayyal 4
100K2012201620202024Typical 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 2014: AED 138,000 a yearNew contract, January 2016: AED 130,000 a yearRenewal, January 2017: AED 130,000 a yearRenewal, January 2018: AED 115,000 a yearNew contract, August 2018: AED 105,000 a yearNew contract, November 2018: AED 90,000 a yearNew contract, July 2019: AED 85,000 a yearNew contract, August 2020: AED 72,000 a yearRenewal, August 2021: AED 72,000 a yearNew contract, April 2022: 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 4, and where 518 sits

All 33 2-beds →

518 last sold in November 2022 at AED 1,065 per sqft, 7% above what two-beds in Al Thayyal 4 were fetching at the time (AED 991). 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. 518's AED 90,000 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
5172-bedAED 563K · Nov 2010
5192-bedAED 676K · Jul 2008

518, Al Thayyal 4 in numbers

  • Sold 5 times: first on 17 February 2009 for AED 1,112,727, last on 23 November 2022 for AED 1,390,000 (AED 1,065 per sqft).
  • Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 138,000 to AED 72,000 in 2021 and recovered to AED 90,000 by April 2022.
  • At AED 90,000 a year the gross yield on the 2022 price is 6.5%, before a service charge of about AED 18,800 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 November 2022.

Questions about 518, Al Thayyal 4

What did unit 518 last sell for?

AED 1,390,000 on 23 November 2022: AED 1,065 per sqft for 1,305 sqft. The unit has 5 registered sales; the first was AED 1,112,727 in February 2009.

What is the rent for unit 518?

AED 90,000 a year on the contract signed on 20 April 2022. The previous contract, from August 2021, was AED 72,000; the unit has been rented since January 2014.

How big is unit 518?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower.

What is unit 518 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.

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Mortgage on 518, Al Thayyal 4

Starts from the last sale price (AED 1.39M, 23 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,000
Deposit, UAE resident (20%)
AED 278,000
Deposit, non-resident (40%)
AED 556,000
Monthly over 25 years at 3.7%
AED 5,687

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