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3-bed · 1,872 sqftAl Ghaf 1, Arjan · 4th floor

407, Al Ghaf 1

Sold prices and rental history: sold 4 times, last in April 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 3 April 2023
Last soldAED 850K3 April 2023
Current rentAED 175K /yr1 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Al Ghaf 1

What is 407 worth today?

Last sold for AED 850,000 in 2023

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3 Apr 2023SoldReady
AED 850,000AED 991 per sqft
14 Mar 2023SoldReady
AED 2,210,000AED 1,180 per sqft
2 Sep 2022SoldReady
AED 2,200,000AED 1,175 per sqft
1 Aug 2015RentedNew contract
AED 175,000/yr12 months · AED 93 per sqft
1 Aug 2014RentedNew contract
AED 187,000/yr12 months · AED 100 per sqft
1 Aug 2013RentedNew contract
AED 178,000/yr12 months · AED 95 per sqft
16 Nov 2008Sold by developerReady
AED 1,950,000AED 1,041 per sqft

Source: Dubai Land Department. Updated 3 April 2023.

Key facts

Type
3-bed apartment
Size
1,872 sqft
Floor
4th of 6
Parking
B-9,B-10
Service charge
AED 23,200 /yr
Last sold
AED 850K · April 2023
Building
Al Ghaf 1

About 407, Al Ghaf 1

407 is a three-bedroom apartment of 1,872 sqft on the 4th floor of Al Ghaf 1, a 6-storey tower in Arjan. It last sold on 3 April 2023 for AED 850,000, or AED 991 per sqft, 5% below the AED 1,039 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 August 2015, is AED 175,000 a year: a gross yield of 20.6% on the 2023 price, before the service charge of about AED 23,200 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, November 2008: AED 1,950,000 (AED 1,041 per sqft)Sold, September 2022: AED 2,200,000 (AED 1,175 per sqft)Sold, March 2023: AED 2,210,000 (AED 1,180 per sqft)Sold, April 2023: AED 850,000 (AED 991 per sqft)

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

Rents
Unit 407, each contractTypical three-bed in Al Ghaf 1
100K200K2012201620202024Typical 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, August 2013: AED 178,000 a yearNew contract, August 2014: AED 187,000 a yearNew contract, August 2015: AED 175,000 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 407 sits

All 29 3-beds →

407 last sold in April 2023 at AED 991 per sqft, 5% below what three-beds in Al Ghaf 1 were fetching at the time (AED 1,039). 407's AED 175,000 is in the upper 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 4th floor

All 125 units in Al Ghaf 1
Value
4011-bedNo registered sale
4021-bedAED 836K · Feb 2023
403AED 733K · Nov 2025
4051-bedAED 824K · Feb 2023
406AED 1.06M · Oct 2025
4083-bedAED 785K · Sep 2022
409StudioAED 427K · Sep 2022
1–7 of 26

407, Al Ghaf 1 in numbers

  • Sold 4 times: first on 16 November 2008 for AED 1,950,000, last on 3 April 2023 for AED 850,000 (AED 991 per sqft).
  • Rented since August 2013 on 3 Ejari contracts, from AED 178,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2023 price is 20.6%, before a service charge of about AED 23,200 a year (AED 12.41 per sqft).

Source: Dubai Land Department. Updated 3 April 2023.

Questions about 407, Al Ghaf 1

What did unit 407 last sell for?

AED 850,000 on 3 April 2023: AED 991 per sqft for 1,872 sqft. The unit has 4 registered sales; the first was AED 1,950,000 in November 2008.

What is the rent for unit 407?

AED 175,000 a year on the contract signed on 1 August 2015. The previous contract, from August 2014, was AED 187,000; the unit has been rented since August 2013.

How big is unit 407?

1,872 sqft (173.9 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower.

What is unit 407 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 407, Al Ghaf 1

Starts from the last sale price (AED 850K, 3 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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