1-bed · 739 sqftAl Dhafrah 2, The Greens · 4th floor

409, Al Dhafrah 2

Sold prices and rental history: sold twice, last in September 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 7 April 2023
Last soldAED 705K10 September 2009
Current rentAED 78K /yr7 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Al Dhafrah 2

What is 409 worth today?

Last sold for AED 705,000 in 2009

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7 Apr 2023RentedRenewal
AED 77,500/yr12 months · AED 104 per sqft
2 Apr 2021RentedNew contract
AED 43,000/yr12 months · AED 58 per sqft
24 Mar 2020RentedRenewal
AED 58,000/yr12 months · AED 78 per sqft
24 Mar 2018RentedRenewal
AED 85,000/yr12 months · AED 114 per sqft
24 Mar 2017RentedRenewal
AED 90,000/yr12 months · AED 121 per sqft
24 Mar 2015RentedNew contract
AED 90,000/yr12 months · AED 121 per sqft
10 Sep 2009SoldReady
AED 705,000AED 953 per sqft
26 Nov 2007Sold by developerReady
AED 182,400AED 246 per sqft

Source: Dubai Land Department. Updated 7 April 2023.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
4th of 7
Parking
445
Service charge
AED 11,900 /yr
Last sold
AED 705K · September 2009
Building
Al Dhafrah 2

About 409, Al Dhafrah 2

409 is a one-bedroom apartment of 739 sqft on the 4th floor of Al Dhafrah 2, a 7-storey tower in The Greens. It last sold on 10 September 2009 for AED 705,000, or AED 953 per sqft, in line with the AED 973 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 7 April 2023, is AED 77,500 a year: a gross yield of 11.0% on the 2009 price, before the service charge of about AED 11,900 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Al Dhafrah 2
0500K1M2007201220172022Typical sale price by year: 2007 AED 352,800; 2008 AED 652,500; 2009 AED 712,500; 2010 AED 600,000; 2011 AED 540,000; 2012 AED 680,000; 2013 AED 980,000; 2014 AED 1,200,000; 2015 AED 1,025,000; 2016 AED 1,065,000; 2017 AED 1,062,500; 2019 AED 680,000; 2022 AED 750,000; 2023 AED 950,000; 2024 AED 1,140,000; 2025 AED 1,240,000Sold by developer, November 2007: AED 182,400 (AED 246 per sqft)Sold, September 2009: AED 705,000 (AED 953 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Al Dhafrah 2
50K75K2012201620202024Typical rent by year: 2012 AED 63,000; 2013 AED 70,000; 2014 AED 85,000; 2015 AED 87,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 46,000; 2022 AED 57,350; 2023 AED 68,250; 2024 AED 75,000; 2025 AED 78,000New contract, March 2015: AED 90,000 a yearRenewal, March 2017: AED 90,000 a yearRenewal, March 2018: AED 85,000 a yearRenewal, March 2020: AED 58,000 a yearNew contract, April 2021: AED 43,000 a yearRenewal, April 2023: AED 77,500 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 Dhafrah 2, and where 409 sits

All 73 1-beds →

409 last sold in September 2009 at AED 953 per sqft, in line with what one-beds in Al Dhafrah 2 were fetching at the time (AED 973). Over the last 12 months one-beds sold for AED 1,650,000, around AED 2,062 per sqft, and rent for AED 68,800 to 90,000 a year. 409's AED 77,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jun 20251,240,000
30 May 20251,275,000
27 May 20251,630,000
15 Apr 20251,150,000
1 1-bed sale in the last 12 months

Al Dhafrah 2

Building

107 apartments, 1-bed to 2-bed over 7 floors in The Greens. 1 sold in the last 12 months.

Typical price per sqft
AED 2,062
Typical sale
AED 1.65M
Typical rent
AED 82K /yr
Typical yield
4.8%
Al Dhafrah 2, The Greens: prices, sales and rents →

Other units on the 4th floor

All 107 units in Al Dhafrah 2
Value
4011-bedAED 410K · Jan 2013
4021-bedAED 420K · Apr 2008
4031-bedAED 1.18M · May 2024
4041-bedAED 1.2M · Dec 2013
4052-bedAED 699K · Sep 2007
4061-bedAED 1.08M · Mar 2017
4071-bedAED 1.03M · Aug 2010
1–7 of 18

409, Al Dhafrah 2 in numbers

  • Sold twice: first on 26 November 2007 for AED 182,400, last on 10 September 2009 for AED 705,000 (AED 953 per sqft).
  • Rented since March 2015 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 43,000 in 2021 and recovered to AED 77,500 by April 2023.
  • At AED 77,500 a year the gross yield on the 2009 price is 11.0%, before a service charge of about AED 11,900 a year (AED 16.03 per sqft).
  • One-beds in Al Dhafrah 2 sold for AED 1,650,000–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 2,062 per sqft.

Source: Dubai Land Department. Updated 7 April 2023.

Questions about 409, Al Dhafrah 2

What did unit 409 last sell for?

AED 705,000 on 10 September 2009: AED 953 per sqft for 739 sqft. The unit has 2 registered sales; the first was AED 182,400 in November 2007.

What is the rent for unit 409?

AED 77,500 a year on the contract renewed on 7 April 2023. The previous contract, from April 2021, was AED 43,000; the unit has been rented since March 2015.

How big is unit 409?

739 sqft (68.7 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Dhafrah 2 sold for AED 1,650,000 to 1,650,000 in the last 12 months, around AED 2,062 per sqft.

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Mortgage on 409, Al Dhafrah 2

Starts from the last sale price (AED 705K, 10 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 705,000
Deposit, UAE resident (20%)
AED 141,000
Deposit, non-resident (40%)
AED 282,000
Monthly over 25 years at 3.7%
AED 2,884

Plus AED 34,620 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →