2-bed · 1,286 sqftAl Dhafrah 3, The Greens · 7th floor

718, Al Dhafrah 3

Sold prices and rental history: sold twice, last in February 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 718 · DLD and Ejari recordsUpdated 24 July 2024
Last soldAED 1M25 February 2020
Current rentAED 112K /yr24 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 718, Al Dhafrah 3

What is 718 worth today?

Last sold for AED 1,000,000 in 2020

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24 Jul 2024RentedRenewal
AED 111,710/yr12 months · AED 87 per sqft
24 Jul 2023RentedRenewal
AED 106,391/yr12 months · AED 83 per sqft
22 Jan 2022RentedRenewal
AED 92,505/yr6 months · AED 72 per sqft
25 Feb 2020SoldReady
AED 1,000,000AED 777 per sqft
22 Jul 2019RentedRenewal
AED 100,000/yr12 months · AED 78 per sqft
22 Jan 2019RentedRenewal
AED 110,000/yr6 months · AED 86 per sqft
22 Jan 2018RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft
6 Nov 2016RentedNew contract
AED 125,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 24 July 2024.

Key facts

Type
2-bed apartment
Size
1,286 sqft
Floor
7th of 7
Parking
245
Service charge
AED 20,600 /yr
Last sold
AED 1M · February 2020
Building
Al Dhafrah 3

About 718, Al Dhafrah 3

718 is a two-bedroom apartment of 1,286 sqft on the 7th floor of Al Dhafrah 3, a 7-storey tower in The Greens. It last sold on 25 February 2020 for AED 1,000,000, or AED 777 per sqft, in line with the AED 797 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 24 July 2024, is AED 111,710 a year: a gross yield of 11.2% on the 2020 price, before the service charge of about AED 20,600 a year.

Sales and rents for 718 over time

Sales
Unit 718, each saleTypical two-bed in Al Dhafrah 3
01M2M20072012201720222027Typical sale price by year: 2007 AED 431,872; 2008 AED 1,037,500; 2009 AED 642,300; 2010 AED 487,800; 2011 AED 985,000; 2012 AED 1,165,000; 2013 AED 1,320,000; 2015 AED 1,243,000; 2021 AED 662,500; 2022 AED 1,250,000; 2024 AED 1,875,000; 2026 AED 2,200,000Sold by developer, December 2007: AED 320,400 (AED 249 per sqft)Sold, February 2020: AED 1,000,000 (AED 777 per sqft)

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

Rents
Unit 718, each contractTypical two-bed in Al Dhafrah 3
75K100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 105,000; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 122,856; 2017 AED 121,638; 2018 AED 110,000; 2019 AED 100,000; 2020 AED 79,778; 2021 AED 71,000; 2022 AED 85,000; 2023 AED 106,391; 2024 AED 123,000; 2025 AED 108,233New contract, August 2012: AED 84,000 a yearNew contract, August 2013: AED 88,200 a yearNew contract, August 2014: AED 88,200 a yearNew contract, November 2016: AED 125,000 a yearNew contract, January 2018: AED 110,000 a yearRenewal, January 2019: AED 110,000 a yearRenewal, July 2019: AED 100,000 a yearRenewal, January 2022: AED 92,505 a yearRenewal, July 2023: AED 106,391 a yearRenewal, July 2024: AED 111,710 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Dhafrah 3, and where 718 sits

All 30 2-beds →

718 last sold in February 2020 at AED 777 per sqft, in line with what two-beds in Al Dhafrah 3 were fetching at the time (AED 797). Over the last 12 months two-beds sold for AED 2,100,000 to 2,550,000, around AED 1,921 per sqft, and rent for AED 114,000 to 125,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20262,100,000
28 Jan 20262,200,000
6 Jan 20262,550,000
7 Jul 20252,000,000
3 2-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 7th floor

All 116 units in Al Dhafrah 3
Value
7151-bedAED 770K · Feb 2013
7161-bedAED 1.17M · Sep 2024
717AED 2.27M · Aug 2025
7192-bedAED 1.03M · Apr 2009

718, Al Dhafrah 3 in numbers

  • Sold twice: first on 17 December 2007 for AED 320,400, last on 25 February 2020 for AED 1,000,000 (AED 777 per sqft).
  • Rented since August 2012 on 10 Ejari contracts, from AED 84,000 to AED 111,710 a year.
  • At AED 111,710 a year the gross yield on the 2020 price is 11.2%, before a service charge of about AED 20,600 a year (AED 16.03 per sqft).
  • Two-beds in Al Dhafrah 3 sold for AED 2,100,000–2,550,000 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 24 July 2024.

Questions about 718, Al Dhafrah 3

What did unit 718 last sell for?

AED 1,000,000 on 25 February 2020: AED 777 per sqft for 1,286 sqft. The unit has 2 registered sales; the first was AED 320,400 in December 2007.

What is the rent for unit 718?

AED 111,710 a year on the contract renewed on 24 July 2024. The previous contract, from July 2023, was AED 106,391; the unit has been rented since August 2012.

How big is unit 718?

1,286 sqft (119.5 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower.

What is unit 718 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Dhafrah 3 sold for AED 2,100,000 to 2,550,000 in the last 12 months, around AED 1,921 per sqft.

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Mortgage on 718, Al Dhafrah 3

Starts from the last sale price (AED 1M, 25 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →