1-bed · 755 sqftAl Dhafrah 3, The Greens · 1st floor

116, Al Dhafrah 3

Sold prices and rental history: sold 3 times, last in November 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 25 November 2018
Last soldAED 750K25 November 2018
Current rentAED 76K /yr27 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Al Dhafrah 3

What is 116 worth today?

Last sold for AED 750,000 in 2018

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25 Nov 2018SoldReady
AED 750,000AED 993 per sqft
27 Oct 2017RentedRenewal
AED 76,000/yr12 months · AED 101 per sqft
27 Oct 2016RentedNew contract
AED 76,000/yr12 months · AED 101 per sqft
16 Jul 2009Sold by developerReady
AED 715,000AED 947 per sqft
16 Jul 2009SoldReady
AED 500,000AED 662 per sqft

Source: Dubai Land Department. Updated 25 November 2018.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
1st of 7
Parking
326
Service charge
AED 12,100 /yr
Last sold
AED 750K · November 2018
Building
Al Dhafrah 3

About 116, Al Dhafrah 3

116 is a one-bedroom apartment of 755 sqft on the 1st floor of Al Dhafrah 3, a 7-storey tower in The Greens. It last sold on 25 November 2018 for AED 750,000, or AED 993 per sqft, 16% below the AED 1,176 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 27 October 2017, is AED 76,000 a year: a gross yield of 10.1% on the 2018 price, before the service charge of about AED 12,100 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical one-bed in Al Dhafrah 3
01M20072012201720222027Typical sale price by year: 2007 AED 195,900; 2008 AED 485,000; 2009 AED 640,000; 2010 AED 459,400; 2011 AED 500,000; 2012 AED 663,000; 2013 AED 896,000; 2014 AED 1,137,500; 2015 AED 1,063,250; 2016 AED 1,000,000; 2017 AED 1,025,000; 2018 AED 960,000; 2019 AED 715,000; 2022 AED 785,000; 2023 AED 925,000; 2024 AED 1,150,000; 2025 AED 1,307,500; 2026 AED 1,300,000Sold by developer, July 2009: AED 715,000 (AED 947 per sqft)Sold, July 2009: AED 500,000 (AED 662 per sqft)Sold, November 2018: AED 750,000 (AED 993 per sqft)

116 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 116, each contractTypical one-bed in Al Dhafrah 3
60K80K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 70,000; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 68,000; 2019 AED 64,000; 2020 AED 50,000; 2021 AED 47,500; 2022 AED 55,500; 2023 AED 68,000; 2024 AED 74,000; 2025 AED 83,500; 2026 AED 82,500New contract, October 2016: AED 76,000 a yearRenewal, October 2017: AED 76,000 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 3, and where 116 sits

All 59 1-beds →

116 last sold in November 2018 at AED 993 per sqft, 16% below what one-beds in Al Dhafrah 3 were fetching at the time (AED 1,176). Over the last 12 months one-beds sold for AED 1,300,000 to 1,310,000, around AED 1,714 per sqft, and rent for AED 69,877 to 125,000 a year. 116's AED 76,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Feb 20261,300,000
14 Jan 20261,310,000
7 Jan 20261,300,000
9 Jul 20251,575,000
3 1-bed sales in the last 12 months

Al Dhafrah 3

Building

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

Typical price per sqft
AED 1,714
Typical sale
AED 1.31M
Typical rent
AED 80K /yr
Typical yield
6.6%
Al Dhafrah 3, The Greens: prices, sales and rents →

Other units on the 1st floor

All 116 units in Al Dhafrah 3
Value
1011-bedAED 1.05M · Jun 2015
1021-bedAED 1.43M · Mar 2024
1031-bedAED 860K · Feb 2013
104AED 830K · Oct 2022
1052-bedAED 1.3M · Oct 2008
1061-bedAED 374K · Feb 2014
1071-bedAED 1.32M · Jul 2008
1–7 of 20

116, Al Dhafrah 3 in numbers

  • Sold 3 times: first on 16 July 2009 for AED 500,000, last on 25 November 2018 for AED 750,000 (AED 993 per sqft).
  • Rented since October 2016 on 2 Ejari contracts, at AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2018 price is 10.1%, before a service charge of about AED 12,100 a year (AED 16.03 per sqft).
  • One-beds in Al Dhafrah 3 sold for AED 1,300,000–1,310,000 in the 12 months to November 2026; the building's median across all types is AED 1,714 per sqft.

Source: Dubai Land Department. Updated 25 November 2018.

Questions about 116, Al Dhafrah 3

What did unit 116 last sell for?

AED 750,000 on 25 November 2018: AED 993 per sqft for 755 sqft. The unit has 3 registered sales; the first was AED 500,000 in July 2009.

What is the rent for unit 116?

AED 76,000 a year on the contract renewed on 27 October 2017. The previous contract, from October 2016, was AED 76,000.

How big is unit 116?

755 sqft (70.1 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 116 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 3 sold for AED 1,300,000 to 1,310,000 in the last 12 months, around AED 1,714 per sqft.

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Mortgage on 116, Al Dhafrah 3

Starts from the last sale price (AED 750K, 25 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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