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

203, Al Ghaf 1

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 910K2 September 2024
Current rentAED 78K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Al Ghaf 1

What is 203 worth today?

Last sold for AED 910,000 in 2024

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15 Oct 2024RentedNew contract
AED 78,000/yr12 months · AED 105 per sqft
2 Sep 2024SoldReady
AED 910,000AED 1,230 per sqft
10 May 2024RentedRenewal
AED 55,803/yr5 months · AED 75 per sqft
10 May 2023RentedRenewal
AED 48,510/yr12 months · AED 66 per sqft
10 May 2022RentedRenewal
AED 44,100/yr12 months · AED 60 per sqft
17 Feb 2013SoldReady
AED 1,800,000AED 1,187 per sqft
15 Feb 2013RentedNew contract
AED 115,500/yr11 months · AED 76 per sqft
15 Feb 2012RentedNew contract
AED 110,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
3-bed apartment
Size
1,516 sqft
Floor
2nd of 6
Parking
B-24
Service charge
AED 18,800 /yr
Last sold
AED 910K · September 2024
Building
Al Ghaf 1

About 203, Al Ghaf 1

203 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 910,000, or AED 1,230 per sqft, 11% above the AED 1,107 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 15 October 2024, is AED 78,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 18,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, June 2010: AED 689,800 (AED 454 per sqft)Sold, February 2013: AED 1,800,000 (AED 1,187 per sqft)Sold, September 2024: AED 910,000 (AED 1,230 per sqft)

203 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 203, 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 2012: AED 110,000 a yearNew contract, February 2013: AED 115,500 a yearRenewal, May 2022: AED 44,100 a yearRenewal, May 2023: AED 48,510 a yearRenewal, May 2024: AED 55,803 a yearNew contract, October 2024: AED 78,000 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 203 sits

All 29 3-beds →

203 last sold in September 2024 at AED 1,230 per sqft, 11% above what three-beds in Al Ghaf 1 were fetching at the time (AED 1,107). 203's AED 78,000 is in the lower half 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
2023-bedAED 1.11M · 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

203, Al Ghaf 1 in numbers

  • Sold 3 times: first on 27 June 2010 for AED 689,800, last on 2 September 2024 for AED 910,000 (AED 1,230 per sqft).
  • Rented since February 2012 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 44,100 in 2022 and recovered to AED 78,000 by October 2024.
  • At AED 78,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 18,800 a year (AED 12.41 per sqft).

Source: Dubai Land Department. Updated 15 October 2024.

Questions about 203, Al Ghaf 1

What did unit 203 last sell for?

AED 910,000 on 2 September 2024: AED 1,230 per sqft for 1,516 sqft. The unit has 3 registered sales; the first was AED 689,800 in June 2010.

What is the rent for unit 203?

AED 78,000 a year on the contract signed on 15 October 2024. The previous contract, from May 2024, was AED 55,803; the unit has been rented since February 2012.

How big is unit 203?

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

What is unit 203 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 203, Al Ghaf 1

Starts from the last sale price (AED 910K, 2 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 910,000
Deposit, UAE resident (20%)
AED 182,000
Deposit, non-resident (40%)
AED 364,000
Monthly over 25 years at 3.7%
AED 3,723

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