3-bed · 1,874 sqftAl Ghaf 1, Arjan · 5th floor

507, Al Ghaf 1

Sold prices and rental history: sold once, by the developer in February 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 20 May 2025
Last soldAED 909K13 February 2008
Current rentAED 165K /yr20 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Al Ghaf 1

What is 507 worth today?

Last sold for AED 908,800 in 2008

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20 May 2025RentedRenewal
AED 165,000/yr12 months · AED 88 per sqft
20 May 2024RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft
20 May 2023RentedNew contract
AED 140,000/yr12 months · AED 75 per sqft
20 May 2021RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
20 May 2019RentedNew contract
AED 130,000/yr12 months · AED 69 per sqft
15 Jan 2018RentedNew contract
AED 145,000/yr12 months · AED 77 per sqft
15 Jan 2014RentedNew contract
AED 170,000/yr12 months · AED 91 per sqft
13 Feb 2008Sold by developerReady
AED 908,800AED 484 per sqft

Source: Dubai Land Department. Updated 20 May 2025.

Key facts

Type
3-bed apartment
Size
1,874 sqft
Floor
5th of 6
Parking
B-5,B-6
Service charge
AED 23,300 /yr
Last sold
AED 909K · February 2008
Building
Al Ghaf 1

About 507, Al Ghaf 1

507 is a three-bedroom apartment of 1,874 sqft on the 5th floor of Al Ghaf 1, a 6-storey tower in Arjan. The developer sold it on 13 February 2008 for AED 908,800, or AED 484 per sqft, 4% above the AED 465 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 20 May 2025, is AED 165,000 a year: a gross yield of 18.2% on the 2008 price, before the service charge of about AED 23,300 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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 908,800 (AED 484 per sqft)

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

Rents
Unit 507, 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, January 2014: AED 170,000 a yearNew contract, January 2018: AED 145,000 a yearNew contract, May 2019: AED 130,000 a yearNew contract, May 2021: AED 120,000 a yearNew contract, May 2023: AED 140,000 a yearRenewal, May 2024: AED 150,000 a yearRenewal, May 2025: AED 165,000 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 507 sits

All 29 3-beds →

507 last sold in February 2008 at AED 484 per sqft, 4% above what three-beds in Al Ghaf 1 were fetching at the time (AED 465). 507's AED 165,000 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 5th floor

All 125 units in Al Ghaf 1
Value
5083-bedAED 2.9M · Apr 2025

507, Al Ghaf 1 in numbers

  • Sold once: by the developer on 13 February 2008 for AED 908,800, or AED 484 per sqft.
  • Rented since January 2014 on 7 Ejari contracts. The rent fell from AED 170,000 to AED 120,000 in 2021 and recovered to AED 165,000 by May 2025.
  • At AED 165,000 a year the gross yield on the 2008 price is 18.2%, before a service charge of about AED 23,300 a year (AED 12.41 per sqft).

Source: Dubai Land Department. Updated 20 May 2025.

Questions about 507, Al Ghaf 1

What did unit 507 last sell for?

AED 908,800 on 13 February 2008, sold by the developer: AED 484 per sqft for 1,874 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 165,000 a year on the contract renewed on 20 May 2025. The previous contract, from May 2024, was AED 150,000; the unit has been rented since January 2014.

How big is unit 507?

1,874 sqft (174.1 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 507 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 507, Al Ghaf 1

Starts from the last sale price (AED 909K, 13 February 2008). Switch to today's estimate once you have unlocked it.
Price
AED 908,800
Deposit, UAE resident (20%)
AED 181,760
Deposit, non-resident (40%)
AED 363,520
Monthly over 25 years at 3.7%
AED 3,718

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