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

408, Al Ghaf 1

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 5 February 2026
Last soldAED 785K12 September 2022
Current rentAED 80K /yr5 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Al Ghaf 1

What is 408 worth today?

Last sold for AED 785,000 in 2022

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5 Feb 2026RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
5 Feb 2026RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
18 Dec 2025RentedRenewal
AED 175,000/yr12 months · AED 93 per sqft
18 Dec 2024RentedNew contract
AED 165,000/yr12 months · AED 88 per sqft
18 Dec 2023RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft
18 Dec 2022RentedNew contract
AED 135,000/yr12 months · AED 72 per sqft
12 Sep 2022SoldReady
AED 785,000AED 926 per sqft
18 Dec 2021RentedNew contract
AED 126,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 5 February 2026.

Key facts

Type
3-bed apartment
Size
1,872 sqft
Floor
4th of 6
Parking
B-11,B-12
Service charge
AED 23,200 /yr
Last sold
AED 785K · September 2022
Building
Al Ghaf 1

About 408, Al Ghaf 1

408 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 12 September 2022 for AED 785,000, or AED 926 per sqft, 17% below the AED 1,115 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, signed on 5 February 2026, is AED 80,000 a year: a gross yield of 10.2% on the 2022 price, before the service charge of about AED 23,200 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, February 2008: AED 883,800 (AED 472 per sqft)Sold, September 2022: AED 785,000 (AED 926 per sqft)

408 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 408, 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, October 2012: AED 120,000 a yearNew contract, October 2013: AED 126,000 a yearRenewal, October 2014: AED 152,000 a yearRenewal, October 2015: AED 155,000 a yearNew contract, December 2018: AED 130,000 a yearRenewal, December 2019: AED 130,000 a yearRenewal, December 2020: AED 120,000 a yearNew contract, December 2021: AED 126,000 a yearNew contract, December 2022: AED 135,000 a yearRenewal, December 2023: AED 150,000 a yearNew contract, December 2024: AED 165,000 a yearRenewal, December 2025: AED 175,000 a yearNew contract, February 2026: AED 80,000 a yearNew contract, February 2026: AED 80,000 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 408 sits

All 29 3-beds →

408 last sold in September 2022 at AED 926 per sqft, 17% below what three-beds in Al Ghaf 1 were fetching at the time (AED 1,115). 408's AED 80,000 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 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
4073-bedAED 850K · Apr 2023
409StudioAED 427K · Sep 2022
1–7 of 26

408, Al Ghaf 1 in numbers

  • Sold twice: first on 13 February 2008 for AED 883,800, last on 12 September 2022 for AED 785,000 (AED 926 per sqft).
  • Rented since October 2012 on 14 Ejari contracts, from AED 120,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 10.2%, before a service charge of about AED 23,200 a year (AED 12.41 per sqft).

Source: Dubai Land Department. Updated 5 February 2026.

Questions about 408, Al Ghaf 1

What did unit 408 last sell for?

AED 785,000 on 12 September 2022: AED 926 per sqft for 1,872 sqft. The unit has 2 registered sales; the first was AED 883,800 in February 2008.

What is the rent for unit 408?

AED 80,000 a year on the contract signed on 5 February 2026. The previous contract, from February 2026, was AED 80,000; the unit has been rented since October 2012.

How big is unit 408?

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

What is unit 408 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 408, Al Ghaf 1

Starts from the last sale price (AED 785K, 12 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 785,000
Deposit, UAE resident (20%)
AED 157,000
Deposit, non-resident (40%)
AED 314,000
Monthly over 25 years at 3.7%
AED 3,212

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