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1-bed · 768 sqftAl Dhafrah 4, The Greens · 5th floor

516, Al Dhafrah 4

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 1.13M1 May 2024
Current rentAED 64K /yr15 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 516, Al Dhafrah 4

What is 516 worth today?

Last sold for AED 1,125,000 in 2024

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1 May 2024SoldReady
AED 1,125,000AED 1,465 per sqft
15 Jan 2023RentedRenewal
AED 63,800/yr12 months · AED 83 per sqft
15 Jan 2022RentedNew contract
AED 58,000/yr12 months · AED 76 per sqft
1 Jul 2020RentedNew contract
AED 46,000/yr12 months · AED 60 per sqft
18 Apr 2019RentedRenewal
AED 70,000/yr12 months · AED 92 per sqft
18 Apr 2018RentedRenewal
AED 73,500/yr12 months · AED 96 per sqft
25 May 2017SoldReady
AED 933,061AED 1,215 per sqft
18 May 2017RentedNew contract
AED 80,182/yr11 months · AED 105 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
768 sqft
Floor
5th of 7
Parking
224
Service charge
AED 12,300 /yr
Last sold
AED 1.13M · May 2024
Building
Al Dhafrah 4

About 516, Al Dhafrah 4

516 is a one-bedroom apartment of 768 sqft on the 5th floor of Al Dhafrah 4, a 7-storey tower in The Greens. It last sold on 1 May 2024 for AED 1,125,000, or AED 1,465 per sqft, 15% above the AED 1,271 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 15 January 2023, is AED 63,800 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 12,300 a year.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical one-bed in Al Dhafrah 4
500K1M2007201220172022Typical sale price by year: 2007 AED 352,800; 2008 AED 428,800; 2009 AED 408,800; 2010 AED 500,000; 2011 AED 461,400; 2012 AED 585,000; 2013 AED 897,500; 2015 AED 995,000; 2017 AED 971,531; 2018 AED 835,000; 2019 AED 665,000; 2021 AED 635,000; 2022 AED 757,500; 2023 AED 960,000; 2024 AED 1,175,000; 2025 AED 1,290,000Sold by developer, October 2008: AED 670,000 (AED 872 per sqft)Sold, May 2017: AED 933,061 (AED 1,215 per sqft)Sold, May 2024: AED 1,125,000 (AED 1,465 per sqft)

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

Rents
Unit 516, each contractTypical one-bed in Al Dhafrah 4
40K60K80K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 70,000; 2014 AED 78,000; 2015 AED 82,000; 2016 AED 84,000; 2017 AED 77,500; 2018 AED 65,000; 2019 AED 60,000; 2020 AED 48,500; 2021 AED 45,000; 2022 AED 55,000; 2023 AED 65,050; 2024 AED 75,600; 2025 AED 80,000; 2026 AED 84,000New contract, July 2012: AED 54,000 a yearNew contract, May 2016: AED 70,000 a yearNew contract, May 2017: AED 80,182 a yearRenewal, April 2018: AED 73,500 a yearRenewal, April 2019: AED 70,000 a yearNew contract, July 2020: AED 46,000 a yearNew contract, January 2022: AED 58,000 a yearRenewal, January 2023: AED 63,800 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 4, and where 516 sits

All 59 1-beds →

516 last sold in May 2024 at AED 1,465 per sqft, 15% above what one-beds in Al Dhafrah 4 were fetching at the time (AED 1,271). Over the last 12 months one-beds sold for AED 1,250,000 to 1,255,000, around AED 1,632 per sqft, and rent for AED 73,500 to 130,000 a year. 516's AED 63,800 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Dec 20251,255,000
16 May 20251,475,000
14 Feb 20251,325,000
12 Feb 20251,070,000
2 1-bed sales in the last 12 months

Al Dhafrah 4

Building

114 apartments, studios to 2-bed over 7 floors in The Greens. 3 sold in the last 12 months.

Typical price per sqft
AED 1,655
Typical sale
AED 1.26M
Typical rent
AED 100K /yr
Typical yield
6.3%
Al Dhafrah 4, The Greens: prices, sales and rents →

Other units on the 5th floor

All 114 units in Al Dhafrah 4
Value
5151-bedAED 775K · Jun 2018
5172-bedAED 1.5M · Dec 2016
5182-bedAED 2.15M · Feb 2025
5192-bedAED 1.9M · Nov 2014

516, Al Dhafrah 4 in numbers

  • Sold 3 times: first on 27 October 2008 for AED 670,000, last on 1 May 2024 for AED 1,125,000 (AED 1,465 per sqft).
  • Rented since July 2012 on 8 Ejari contracts. The rent fell from AED 54,000 to AED 46,000 in 2020 and recovered to AED 63,800 by January 2023.
  • At AED 63,800 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 12,300 a year (AED 16.03 per sqft).
  • One-beds in Al Dhafrah 4 sold for AED 1,250,000–1,255,000 in the 12 months to November 2026; the building's median across all types is AED 1,655 per sqft.

Source: Dubai Land Department. Updated 1 May 2024.

Questions about 516, Al Dhafrah 4

What did unit 516 last sell for?

AED 1,125,000 on 1 May 2024: AED 1,465 per sqft for 768 sqft. The unit has 3 registered sales; the first was AED 670,000 in October 2008.

What is the rent for unit 516?

AED 63,800 a year on the contract renewed on 15 January 2023. The previous contract, from January 2022, was AED 58,000; the unit has been rented since July 2012.

How big is unit 516?

768 sqft (71.3 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower.

What is unit 516 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 4 sold for AED 1,250,000 to 1,255,000 in the last 12 months, around AED 1,632 per sqft.

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Mortgage on 516, Al Dhafrah 4

Starts from the last sale price (AED 1.13M, 1 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

Plus AED 52,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →