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2,014 sqftAl Ghaf 2, The Greens · 5th floor

508, Al Ghaf 2

Sold prices and rental history: sold 3 times, last in March 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 2.35M5 March 2017
Current rentAED 200K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Al Ghaf 2

What is 508 worth today?

Last sold for AED 2,350,000 in 2017

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15 Apr 2025RentedRenewal
AED 199,500/yr12 months · AED 99 per sqft
15 Apr 2024RentedRenewal
AED 199,500/yr12 months · AED 99 per sqft
15 Apr 2023RentedNew contract
AED 190,000/yr12 months · AED 94 per sqft
1 Sep 2017RentedNew contract
AED 90,000/yr12 months · AED 45 per sqft
5 Mar 2017SoldReady
AED 2,350,000AED 1,167 per sqft
1 Apr 2016RentedNew contract
AED 145,000/yr12 months · AED 72 per sqft
2 Sep 2013SoldReady
AED 1,300,000AED 645 per sqft
24 Jun 2013Sold by developerReady
AED 908,800AED 451 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
Apartment
Size
2,014 sqft
Floor
5th of 6
Parking
B-7,B-8
Service charge
AED 33,500 /yr
Last sold
AED 2.35M · March 2017
Building
Al Ghaf 2

About 508, Al Ghaf 2

508 is an apartment of 2,014 sqft on the 5th floor of Al Ghaf 2, a 6-storey tower in The Greens. It last sold on 5 March 2017 for AED 2,350,000, or AED 1,167 per sqft.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 199,500 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 33,500 a year.

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 5th floor

All 45 units in Al Ghaf 2
Value
5073-bedAED 2.14M · Apr 2013

508, Al Ghaf 2 in numbers

  • Sold 3 times: first on 24 June 2013 for AED 908,800, last on 5 March 2017 for AED 2,350,000 (AED 1,167 per sqft).
  • Rented since April 2016 on 5 Ejari contracts. The rent fell from AED 145,000 to AED 90,000 in 2017 and recovered to AED 199,500 by April 2025.
  • At AED 199,500 a year the gross yield on the 2017 price is 8.5%, before a service charge of about AED 33,500 a year (AED 16.66 per sqft).

Source: Dubai Land Department. Updated 15 April 2025.

Questions about 508, Al Ghaf 2

What did unit 508 last sell for?

AED 2,350,000 on 5 March 2017: AED 1,167 per sqft for 2,014 sqft. The unit has 3 registered sales; the first was AED 908,800 in June 2013.

What is the rent for unit 508?

AED 199,500 a year on the contract renewed on 15 April 2025. The previous contract, from April 2024, was AED 199,500; the unit has been rented since April 2016.

How big is unit 508?

2,014 sqft (187.1 sqm): an apartment on the 5th floor of a 6-storey tower.

What is unit 508 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 508, Al Ghaf 2

Starts from the last sale price (AED 2.35M, 5 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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