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3-bed · 2,000 sqftAl Ghaf 2, The Greens · 2nd floor

207, Al Ghaf 2

Sold prices and rental history: sold twice, last in September 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 6 September 2023
Last soldAED 1.86M22 September 2008
Current rentAED 121K /yr6 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 207, Al Ghaf 2

What is 207 worth today?

Last sold for AED 1,864,307 in 2008

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6 Sep 2023RentedRenewal
AED 120,750/yr12 months · AED 60 per sqft
6 Sep 2021RentedRenewal
AED 120,750/yr12 months · AED 60 per sqft
6 Sep 2020RentedRenewal
AED 115,000/yr12 months · AED 57 per sqft
6 Sep 2018RentedRenewal
AED 145,000/yr12 months · AED 72 per sqft
21 Jun 2016RentedRenewal
AED 170,000/yr12 months · AED 85 per sqft
21 Jun 2015RentedNew contract
AED 170,000/yr12 months · AED 85 per sqft
15 May 2013RentedNew contract
AED 180,000/yr12 months · AED 90 per sqft
22 Sep 2008Sold by developerReady
AED 1,864,307AED 931 per sqft

Source: Dubai Land Department. Updated 6 September 2023.

Key facts

Type
3-bed apartment
Size
2,000 sqft
Floor
2nd of 6
Parking
B-63,B-64
Service charge
AED 33,300 /yr
Last sold
AED 1.86M · September 2008
Building
Al Ghaf 2

About 207, Al Ghaf 2

207 is a three-bedroom apartment of 2,000 sqft on the 2nd floor of Al Ghaf 2, a 6-storey tower in The Greens. The developer sold it on 22 September 2008 for AED 1,864,307, or AED 931 per sqft, 86% above the AED 501 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 6 September 2023, is AED 120,750 a year: a gross yield of 6.5% on the 2008 price, before the service charge of about AED 33,300 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical three-bed in Al Ghaf 2
1M2M3M2008201320182023Typical sale price by year: 2008 AED 780,094; 2009 AED 1,250,000; 2010 AED 886,500; 2011 AED 1,100,000; 2012 AED 1,525,000; 2013 AED 1,950,000; 2020 AED 1,420,000; 2021 AED 1,206,870; 2024 AED 2,300,000Sold by developer, September 2008: AED 1,864,307 (AED 931 per sqft)Sold, September 2008: AED 2,900,000 (AED 1,449 per sqft)

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

Rents
Unit 207, each contractTypical three-bed in Al Ghaf 2
100K150K2013201720212025Typical rent by year: 2013 AED 143,500; 2014 AED 156,250; 2015 AED 162,500; 2016 AED 162,500; 2017 AED 146,554; 2018 AED 132,500; 2019 AED 110,000; 2020 AED 102,500; 2021 AED 96,000; 2022 AED 110,000; 2023 AED 125,000; 2024 AED 139,625; 2025 AED 160,000New contract, May 2013: AED 180,000 a yearNew contract, June 2015: AED 170,000 a yearRenewal, June 2016: AED 170,000 a yearRenewal, September 2018: AED 145,000 a yearRenewal, September 2020: AED 115,000 a yearRenewal, September 2021: AED 120,750 a yearRenewal, September 2023: AED 120,750 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 2, and where 207 sits

All 29 3-beds →

207 last sold in September 2008 at AED 931 per sqft, 86% above what three-beds in Al Ghaf 2 were fetching at the time (AED 501).

Recent 3-bed salesUnit no.Price (AED)Summary
6 Dec 20242,450,000
27 Nov 20242,300,000
18 Sep 20242,050,000
9 Feb 20231,640,000
0 3-bed sales in the last 12 months

Al Ghaf 2

Building

45 apartments, 2-bed to 4-bed over 6 floors in The Greens. 1 sold in the last 12 months.

Typical price per sqft
AED 1,464
Typical sale
AED 2.3M
Typical rent
AED 145K /yr
Typical yield
7.0%
Al Ghaf 2, The Greens: prices, sales and rents →

Other units on the 2nd floor

All 45 units in Al Ghaf 2
Value
2012-bedAED 1.98M · May 2024
2023-bedAED 2.02M · Jul 2013
2033-bedAED 690K · Jul 2010
2044-bedAED 1.69M · Dec 2020
2053-bedAED 935K · May 2008
2063-bedAED 641K · May 2008
2083-bedAED 1.2M · Oct 2009
1–7 of 9

207, Al Ghaf 2 in numbers

  • Sold twice: first on 22 September 2008 for AED 2,900,000, last on 22 September 2008 for AED 1,864,307 (AED 931 per sqft).
  • Rented since May 2013 on 7 Ejari contracts, from AED 180,000 to AED 120,750 a year.
  • At AED 120,750 a year the gross yield on the 2008 price is 6.5%, before a service charge of about AED 33,300 a year (AED 16.66 per sqft).

Source: Dubai Land Department. Updated 6 September 2023.

Questions about 207, Al Ghaf 2

What did unit 207 last sell for?

AED 1,864,307 on 22 September 2008, sold by the developer: AED 931 per sqft for 2,000 sqft. The unit has 2 registered sales; the first was AED 2,900,000 in September 2008.

What is the rent for unit 207?

AED 120,750 a year on the contract renewed on 6 September 2023. The previous contract, from September 2021, was AED 120,750; the unit has been rented since May 2013.

How big is unit 207?

2,000 sqft (185.8 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 207 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 207, Al Ghaf 2

Starts from the last sale price (AED 1.86M, 22 September 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,864,307
Deposit, UAE resident (20%)
AED 372,861
Deposit, non-resident (40%)
AED 745,723
Monthly over 25 years at 3.7%
AED 7,627

Plus AED 83,311 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →