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2-bed · 1,300 sqftAl Ghaf 1, Arjan · 2nd floor

222, Al Ghaf 1

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

Unit 222 · DLD and Ejari recordsUpdated 7 June 2024
Last soldAED 1.33M7 June 2024
Current rentAED 66K /yr4 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 222, Al Ghaf 1

What is 222 worth today?

Last sold for AED 1,332,000 in 2024

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7 Jun 2024Sold by developerReady
AED 1,332,000AED 1,024 per sqft
4 Apr 2023RentedRenewal
AED 66,400/yr12 months · AED 51 per sqft
4 Apr 2022RentedRenewal
AED 57,750/yr12 months · AED 44 per sqft
4 Apr 2021RentedNew contract
AED 55,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 7 June 2024.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
2nd of 6
Parking
G-55
Service charge
AED 16,100 /yr
Last sold
AED 1.33M · June 2024
Building
Al Ghaf 1

About 222, Al Ghaf 1

222 is a two-bedroom apartment of 1,300 sqft on the 2nd floor of Al Ghaf 1, a 6-storey tower in Arjan. The developer sold it on 7 June 2024 for AED 1,332,000, or AED 1,024 per sqft, in line with the AED 999 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 4 April 2023, is AED 66,400 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 16,100 a year.

Sales and rents for 222 over time

Sales
Unit 222, each saleTypical two-bed in Al Ghaf 1
500K1M1.5M2008201320182023Typical sale price by year: 2008 AED 1,150,000; 2010 AED 641,800; 2013 AED 1,550,000; 2023 AED 1,200,000; 2024 AED 1,332,000Sold by developer, June 2024: AED 1,332,000 (AED 1,024 per sqft)

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

Rents
Unit 222, each contractTypical two-bed in Al Ghaf 1
50K100K150K2013201720212025Typical rent by year: 2013 AED 113,500; 2014 AED 125,000; 2015 AED 128,000; 2016 AED 140,000; 2017 AED 127,500; 2018 AED 115,000; 2019 AED 110,000; 2020 AED 90,000; 2021 AED 55,000; 2022 AED 57,750; 2023 AED 63,263; 2024 AED 68,000; 2025 AED 121,501New contract, April 2021: AED 55,000 a yearRenewal, April 2022: AED 57,750 a yearRenewal, April 2023: AED 66,400 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 Ghaf 1, and where 222 sits

All 17 2-beds →

222 last sold in June 2024 at AED 1,024 per sqft, in line with what two-beds in Al Ghaf 1 were fetching at the time (AED 999). 222's AED 66,400 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20252,100,000
5 Dec 20241,430,000
20 Sep 20242,000,000
16 Sep 20241,000,000
0 2-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

222, Al Ghaf 1 in numbers

  • Sold once: by the developer on 7 June 2024 for AED 1,332,000, or AED 1,024 per sqft.
  • Rented since April 2021 on 3 Ejari contracts, from AED 55,000 to AED 66,400 a year.
  • At AED 66,400 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 16,100 a year (AED 12.41 per sqft).

Source: Dubai Land Department. Updated 7 June 2024.

Questions about 222, Al Ghaf 1

What did unit 222 last sell for?

AED 1,332,000 on 7 June 2024, sold by the developer: AED 1,024 per sqft for 1,300 sqft. It is the only registered sale of the unit.

What is the rent for unit 222?

AED 66,400 a year on the contract renewed on 4 April 2023. The previous contract, from April 2022, was AED 57,750; the unit has been rented since April 2021.

How big is unit 222?

1,300 sqft (120.8 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 222 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 222, Al Ghaf 1

Starts from the last sale price (AED 1.33M, 7 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,332,000
Deposit, UAE resident (20%)
AED 266,400
Deposit, non-resident (40%)
AED 532,800
Monthly over 25 years at 3.7%
AED 5,450

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