1-bed · 847 sqftAl Ghaf 1, Arjan · 3rd floor

323, Al Ghaf 1

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

Unit 323 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 894K1 April 2024
Current rentAED 51K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 323, Al Ghaf 1

What is 323 worth today?

Last sold for AED 894,232 in 2024

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1 Apr 2024Sold by developerReady
AED 894,232AED 1,055 per sqft
1 Mar 2024RentedRenewal
AED 50,840/yr6 months · AED 60 per sqft
1 Mar 2023RentedRenewal
AED 46,200/yr12 months · AED 55 per sqft
1 Mar 2022RentedRenewal
AED 42,000/yr12 months · AED 50 per sqft
1 Mar 2021RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
1-bed apartment
Size
847 sqft
Floor
3rd of 6
Parking
G-86
Service charge
AED 10,500 /yr
Last sold
AED 894K · April 2024
Building
Al Ghaf 1

About 323, Al Ghaf 1

323 is a one-bedroom apartment of 847 sqft on the 3rd floor of Al Ghaf 1, a 6-storey tower in Arjan. The developer sold it on 1 April 2024 for AED 894,232, or AED 1,055 per sqft, in line with the AED 1,055 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 50,840 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 10,500 a year.

Sales and rents for 323 over time

Sales
Unit 323, each saleTypical one-bed in Al Ghaf 1
800K900K2022202320242025Typical sale price by year: 2022 AED 781,995; 2023 AED 821,809; 2024 AED 890,456Sold by developer, April 2024: AED 894,232 (AED 1,055 per sqft)

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

Rents
Unit 323, each contractTypical one-bed in Al Ghaf 1
40K60K202120232025Typical 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 42,000 a yearRenewal, March 2023: AED 46,200 a yearRenewal, March 2024: AED 50,840 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 323 sits

All 22 1-beds →

323 last sold in April 2024 at AED 1,055 per sqft, in line with what one-beds in Al Ghaf 1 were fetching at the time (AED 1,055).

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jun 20251,100,000
9 Jul 2024999,854
26 Jan 2024886,680
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 3rd floor

All 125 units in Al Ghaf 1
Value
3012-bedAED 838K · Jun 2023
3023-bedAED 1.11M · Jul 2024
3033-bedAED 790K · Oct 2023
3044-bedAED 436K · Sep 2022
3053-bedAED 879K · Sep 2022
3063-bedAED 1.1M · Feb 2025
3073-bedAED 905K · Mar 2024
1–7 of 29

323, Al Ghaf 1 in numbers

  • Sold once: by the developer on 1 April 2024 for AED 894,232, or AED 1,055 per sqft.
  • Rented since March 2021 on 4 Ejari contracts, from AED 40,000 to AED 50,840 a year.
  • At AED 50,840 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 10,500 a year (AED 12.41 per sqft).

Source: Dubai Land Department. Updated 1 April 2024.

Questions about 323, Al Ghaf 1

What did unit 323 last sell for?

AED 894,232 on 1 April 2024, sold by the developer: AED 1,055 per sqft for 847 sqft. It is the only registered sale of the unit.

What is the rent for unit 323?

AED 50,840 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 46,200; the unit has been rented since March 2021.

How big is unit 323?

847 sqft (78.7 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 323 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 323, Al Ghaf 1

Starts from the last sale price (AED 894K, 1 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 894,232
Deposit, UAE resident (20%)
AED 178,846
Deposit, non-resident (40%)
AED 357,693
Monthly over 25 years at 3.7%
AED 3,659

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