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3-bed · 1,516 sqftAl Ghaf 1, Arjan · 2nd floor

202, Al Ghaf 1

Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 1.11M2 September 2024
Current rentAED 56K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 202, Al Ghaf 1

What is 202 worth today?

Last sold for AED 1,110,000 in 2024

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2 Sep 2024SoldReady
AED 1,110,000AED 1,243 per sqft
1 Apr 2024RentedRenewal
AED 55,800/yr6 months · AED 63 per sqft
15 Aug 2023SoldReady
AED 2,070,000AED 1,365 per sqft
1 Apr 2023RentedRenewal
AED 48,510/yr12 months · AED 54 per sqft
1 Apr 2021RentedNew contract
AED 42,000/yr12 months · AED 47 per sqft
8 May 2014SoldReady
AED 2,225,000AED 1,467 per sqft
1 Feb 2013RentedNew contract
AED 140,000/yr12 months · AED 92 per sqft
13 Aug 2009Sold by developerReady
AED 670,800AED 442 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
3-bed apartment
Size
1,516 sqft
Floor
2nd of 6
Parking
B-25
Service charge
AED 18,800 /yr
Last sold
AED 1.11M · September 2024
Building
Al Ghaf 1

About 202, Al Ghaf 1

202 is a three-bedroom apartment of 1,516 sqft on the 2nd floor of Al Ghaf 1, a 6-storey tower in Arjan. It last sold on 2 September 2024 for AED 1,110,000, or AED 1,243 per sqft, 12% above the AED 1,107 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 55,800 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 18,800 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical three-bed in Al Ghaf 1
1M2M2008201320182023Typical sale price by year: 2008 AED 843,800; 2009 AED 789,800; 2010 AED 1,450,000; 2013 AED 1,750,000; 2022 AED 1,439,385; 2023 AED 2,070,000; 2024 AED 1,070,000; 2025 AED 1,940,000Sold by developer, August 2009: AED 670,800 (AED 442 per sqft)Sold, May 2014: AED 2,225,000 (AED 1,467 per sqft)Sold, August 2023: AED 2,070,000 (AED 1,365 per sqft)Sold, September 2024: AED 1,110,000 (AED 1,243 per sqft)

202 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 202, each contractTypical three-bed in Al Ghaf 1
100K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 130,000; 2014 AED 157,500; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 146,500; 2018 AED 135,000; 2019 AED 130,000; 2020 AED 122,000; 2021 AED 82,000; 2022 AED 45,654; 2023 AED 107,525; 2024 AED 82,000; 2025 AED 147,018; 2026 AED 80,000New contract, February 2013: AED 140,000 a yearNew contract, April 2021: AED 42,000 a yearRenewal, April 2023: AED 48,510 a yearRenewal, April 2024: AED 55,800 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Ghaf 1, and where 202 sits

All 29 3-beds →

202 last sold in September 2024 at AED 1,243 per sqft, 12% above what three-beds in Al Ghaf 1 were fetching at the time (AED 1,107). 202's AED 55,800 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Jun 20252,735,000
11 Jun 20253,150,000
7 Apr 20252,900,000
28 Feb 20251,100,000
0 3-bed sales in the last 12 months

Al Ghaf 1

Building

125 apartments, studios to 4-bed over 6 floors in Arjan. 3 sold in the last 12 months.

Typical price per sqft
AED 1,459
Typical sale
AED 607K
Typical rent
AED 80K /yr
Typical yield
7.8%
Al Ghaf 1, Arjan: prices, sales and rents →

Other units on the 2nd floor

All 125 units in Al Ghaf 1
Value
2012-bedAED 1M · Sep 2024
2033-bedAED 910K · Sep 2024
2044-bedAED 471K · Dec 2023
2053-bedAED 980K · Mar 2024
2063-bedAED 1.15M · Jan 2025
2073-bedAED 1.09M · Dec 2024
2083-bedAED 1.08M · Jan 2025
1–7 of 29

202, Al Ghaf 1 in numbers

  • Sold 4 times: first on 13 August 2009 for AED 670,800, last on 2 September 2024 for AED 1,110,000 (AED 1,243 per sqft).
  • Rented since February 2013 on 4 Ejari contracts. The rent fell from AED 140,000 to AED 42,000 in 2021 and recovered to AED 55,800 by April 2024.
  • At AED 55,800 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 18,800 a year (AED 12.41 per sqft).

Source: Dubai Land Department. Updated 2 September 2024.

Questions about 202, Al Ghaf 1

What did unit 202 last sell for?

AED 1,110,000 on 2 September 2024: AED 1,243 per sqft for 1,516 sqft. The unit has 4 registered sales; the first was AED 670,800 in August 2009.

What is the rent for unit 202?

AED 55,800 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 48,510; the unit has been rented since February 2013.

How big is unit 202?

1,516 sqft (140.8 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 202, Al Ghaf 1

Starts from the last sale price (AED 1.11M, 2 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,110,000
Deposit, UAE resident (20%)
AED 222,000
Deposit, non-resident (40%)
AED 444,000
Monthly over 25 years at 3.7%
AED 4,541

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