1-bed · 821 sqftAl Ghaf 1, Arjan · 2nd floor

221, Al Ghaf 1

Sold prices and rental history: sold once, by the developer in January 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 221 · DLD and Ejari recordsUpdated 26 January 2024
Last soldAED 887K26 January 2024
Current rentAED 50K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 221, Al Ghaf 1

What is 221 worth today?

Last sold for AED 886,680 in 2024

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26 Jan 2024Sold by developerReady
AED 886,680AED 1,080 per sqft
1 Jan 2024RentedRenewal
AED 50,400/yr6 months · AED 61 per sqft
1 Mar 2022RentedRenewal
AED 26,345/yr22 months · AED 32 per sqft
1 Mar 2021RentedNew contract
AED 40,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 26 January 2024.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
2nd of 6
Parking
G-54
Service charge
AED 10,200 /yr
Last sold
AED 887K · January 2024
Building
Al Ghaf 1

About 221, Al Ghaf 1

221 is a one-bedroom apartment of 821 sqft on the 2nd floor of Al Ghaf 1, a 6-storey tower in Arjan. The developer sold it on 26 January 2024 for AED 886,680, or AED 1,080 per sqft, 8% above the AED 1,002 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 50,400 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 10,200 a year.

Sales and rents for 221 over time

Sales
Unit 221, each saleTypical one-bed in Al Ghaf 1
800K850K900K2022202320242025Typical sale price by year: 2022 AED 781,995; 2023 AED 821,809; 2024 AED 890,456Sold by developer, January 2024: AED 886,680 (AED 1,080 per sqft)

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

Rents
Unit 221, each contractTypical one-bed in Al Ghaf 1
25K50K75K202120232025Typical rent by year: 2021 AED 40,000; 2022 AED 44,000; 2023 AED 50,100; 2024 AED 62,653; 2025 AED 72,000New contract, March 2021: AED 40,000 a yearRenewal, March 2022: AED 26,345 a yearRenewal, January 2024: AED 50,400 a year

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

1-beds in Al Ghaf 1, and where 221 sits

All 22 1-beds →

221 last sold in January 2024 at AED 1,080 per sqft, 8% above what one-beds in Al Ghaf 1 were fetching at the time (AED 1,002).

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jun 20251,100,000
9 Jul 2024999,854
1 Apr 2024894,232
8 Jan 2024870,000
0 1-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
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
1–7 of 29

221, Al Ghaf 1 in numbers

  • Sold once: by the developer on 26 January 2024 for AED 886,680, or AED 1,080 per sqft.
  • Rented since March 2021 on 3 Ejari contracts. The rent fell from AED 40,000 to AED 26,345 in 2022 and recovered to AED 50,400 by January 2024.
  • At AED 50,400 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 10,200 a year (AED 12.41 per sqft).

Source: Dubai Land Department. Updated 26 January 2024.

Questions about 221, Al Ghaf 1

What did unit 221 last sell for?

AED 886,680 on 26 January 2024, sold by the developer: AED 1,080 per sqft for 821 sqft. It is the only registered sale of the unit.

What is the rent for unit 221?

AED 50,400 a year on the contract renewed on 1 January 2024. The previous contract, from March 2022, was AED 26,345; the unit has been rented since March 2021.

How big is unit 221?

821 sqft (76.3 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 221 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 221, Al Ghaf 1

Starts from the last sale price (AED 887K, 26 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 886,680
Deposit, UAE resident (20%)
AED 177,336
Deposit, non-resident (40%)
AED 354,672
Monthly over 25 years at 3.7%
AED 3,628

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