3-bed · 2,079 sqftAl Ghaf 3, The Greens · 5th floor

507, Al Ghaf 3

Sold prices and rental history: sold twice, last in November 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 1.37M3 November 2010
Current rentAED 180K /yr9 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Al Ghaf 3

What is 507 worth today?

Last sold for AED 1,371,960 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Dec 2024RentedRenewal
AED 180,000/yr12 months · AED 87 per sqft
9 Dec 2023RentedRenewal
AED 180,000/yr12 months · AED 87 per sqft
10 Dec 2021RentedRenewal
AED 185,000/yr12 months · AED 89 per sqft
10 Dec 2020RentedRenewal
AED 185,000/yr12 months · AED 89 per sqft
10 Dec 2019RentedRenewal
AED 185,000/yr12 months · AED 89 per sqft
10 Dec 2018RentedRenewal
AED 185,000/yr12 months · AED 89 per sqft
10 Dec 2017RentedNew contract
AED 185,000/yr12 months · AED 89 per sqft
10 Dec 2016RentedRenewal
AED 185,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 9 December 2024.

Key facts

Type
3-bed apartment
Size
2,079 sqft
Floor
5th of 6
Parking
B-5,B-6
Service charge
AED 34,600 /yr
Last sold
AED 1.37M · November 2010
Building
Al Ghaf 3

About 507, Al Ghaf 3

507 is a three-bedroom apartment of 2,079 sqft on the 5th floor of Al Ghaf 3, a 6-storey tower in The Greens. It last sold on 3 November 2010 for AED 1,371,960, or AED 660 per sqft, in line with the AED 656 three-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 9 December 2024, is AED 180,000 a year: a gross yield of 13.1% on the 2010 price, before the service charge of about AED 34,600 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical three-bed in Al Ghaf 3
1M2M2007201220172022Typical sale price by year: 2007 AED 1,147,900; 2008 AED 951,900; 2009 AED 1,465,000; 2010 AED 1,097,643; 2011 AED 1,312,500; 2012 AED 1,207,500; 2013 AED 1,880,000; 2016 AED 1,525,000; 2023 AED 2,072,500; 2024 AED 2,150,000Sold by developer, April 2009: AED 908,800 (AED 437 per sqft)Sold, November 2010: AED 1,371,960 (AED 660 per sqft)

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

Rents
Unit 507, each contractTypical three-bed in Al Ghaf 3
100K150K200K2012201620202024Typical rent by year: 2012 AED 110,250; 2013 AED 125,000; 2014 AED 150,000; 2015 AED 160,000; 2016 AED 155,000; 2017 AED 143,650; 2018 AED 140,000; 2019 AED 115,000; 2020 AED 108,000; 2021 AED 90,000; 2022 AED 113,660; 2023 AED 162,500; 2024 AED 182,500; 2025 AED 170,000New contract, December 2012: AED 150,000 a yearNew contract, December 2014: AED 185,000 a yearRenewal, December 2016: AED 185,000 a yearNew contract, December 2017: AED 185,000 a yearRenewal, December 2018: AED 185,000 a yearRenewal, December 2019: AED 185,000 a yearRenewal, December 2020: AED 185,000 a yearRenewal, December 2021: AED 185,000 a yearRenewal, December 2023: AED 180,000 a yearRenewal, December 2024: AED 180,000 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 3, and where 507 sits

All 27 3-beds →

507 last sold in November 2010 at AED 660 per sqft, in line with what three-beds in Al Ghaf 3 were fetching at the time (AED 656). 507's AED 180,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Feb 20253,600,000
3 Feb 20252,700,000
19 Sep 20242,150,000
23 Aug 20242,500,000
0 3-bed sales in the last 12 months

Al Ghaf 3

Building

45 apartments, 2-bed to 4-bed over 6 floors in The Greens. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 155K /yr
Typical yield
Al Ghaf 3, The Greens: prices, sales and rents →

Other units on the 5th floor

All 45 units in Al Ghaf 3
Value
5083-bedAED 1.1M · Mar 2013

507, Al Ghaf 3 in numbers

  • Sold twice: first on 5 April 2009 for AED 908,800, last on 3 November 2010 for AED 1,371,960 (AED 660 per sqft).
  • Rented since December 2012 on 10 Ejari contracts, from AED 150,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2010 price is 13.1%, before a service charge of about AED 34,600 a year (AED 16.66 per sqft).

Source: Dubai Land Department. Updated 9 December 2024.

Questions about 507, Al Ghaf 3

What did unit 507 last sell for?

AED 1,371,960 on 3 November 2010: AED 660 per sqft for 2,079 sqft. The unit has 2 registered sales; the first was AED 908,800 in April 2009.

What is the rent for unit 507?

AED 180,000 a year on the contract renewed on 9 December 2024. The previous contract, from December 2023, was AED 180,000; the unit has been rented since December 2012.

How big is unit 507?

2,079 sqft (193.1 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 507? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 507, Al Ghaf 3

Starts from the last sale price (AED 1.37M, 3 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,371,960
Deposit, UAE resident (20%)
AED 274,392
Deposit, non-resident (40%)
AED 548,784
Monthly over 25 years at 3.7%
AED 5,613

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