408, Al Ghaf 2
Sold prices and rental history: sold twice, last in January 2021, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Al Ghaf 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 1 December 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,011 sqft
- Floor
- 4th of 6
- Parking
- B-11,B-12
- Service charge
- AED 33,500 /yr
- Last sold
- AED 1.21M · January 2021
- Building
- Al Ghaf 2
About 408, Al Ghaf 2
408 is a three-bedroom apartment of 2,011 sqft on the 4th floor of Al Ghaf 2, a 6-storey tower in The Greens. It last sold on 3 January 2021 for AED 1,206,870, or AED 599 per sqft, in line with the AED 599 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 December 2022. The current contract, signed on 1 December 2022, is AED 120,000 a year: a gross yield of 9.9% on the 2021 price, before the service charge of about AED 33,500 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the three-bed median of each year in the building.
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 408 sits
All 29 3-beds →408 last sold in January 2021 at AED 599 per sqft, in line with what three-beds in Al Ghaf 2 were fetching at the time (AED 599).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Dec 20246 December 2024 | 1,600 sqft | 2,450,000 | 1,530 | ||
| 27 Nov 202427 November 2024 | 1,613 sqft | 2,300,000 | 1,425 | ||
| 18 Sep 202418 September 2024 | 1,613 sqft | 2,050,000 | 1,270 | ||
| 9 Feb 20239 February 2023 | 1,599 sqft | 1,640,000 | 1,025 |
Al Ghaf 2
Building45 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%
Other units on the 4th floor
All 45 units in Al Ghaf 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 407 | 3-bed | 2,011 sqft | AED 1.21MAED 1,206,870 · Jan 2021January 2021 | 120,000 /yr |
408, Al Ghaf 2 in numbers
- Sold twice: first on 14 March 2010 for AED 441,900, last on 3 January 2021 for AED 1,206,870 (AED 599 per sqft).
- Rented since December 2022 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2021 price is 9.9%, before a service charge of about AED 33,500 a year (AED 16.66 per sqft).
Source: Dubai Land Department. Updated 1 December 2022.
Questions about 408, Al Ghaf 2
What did unit 408 last sell for?
AED 1,206,870 on 3 January 2021: AED 599 per sqft for 2,011 sqft. The unit has 2 registered sales; the first was AED 441,900 in March 2010.
What is the rent for unit 408?
AED 120,000 a year on the contract signed on 1 December 2022.
How big is unit 408?
2,011 sqft (186.8 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower.
What is unit 408 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 408, Al Ghaf 2
Starts from the last sale price (AED 1.21M, 3 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,206,870
- Deposit, UAE resident (20%)
- AED 241,374
- Deposit, non-resident (40%)
- AED 482,748
- Monthly over 25 years at 3.7%
- AED 4,938
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →