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

508, Al Ghaf 3

Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 5 April 2025
Last soldAED 1.1M10 March 2013
Current rentAED 175K /yr5 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Al Ghaf 3

What is 508 worth today?

Last sold for AED 1,100,000 in 2013

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5 Apr 2025RentedNew contract
AED 175,000/yr12 months · AED 84 per sqft
15 May 2024RentedRenewal
AED 188,000/yr6 months · AED 90 per sqft
15 May 2023RentedNew contract
AED 177,000/yr12 months · AED 85 per sqft
14 Apr 2022RentedNew contract
AED 140,000/yr12 months · AED 67 per sqft
14 Apr 2022RentedNew contract
AED 140,000/yr12 months · AED 67 per sqft
1 Mar 2021RentedNew contract
AED 110,000/yr12 months · AED 53 per sqft
1 Mar 2020RentedNew contract
AED 125,000/yr12 months · AED 60 per sqft
22 Nov 2018RentedRenewal
AED 140,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 5 April 2025.

Key facts

Type
3-bed apartment
Size
2,079 sqft
Floor
5th of 6
Parking
B-7,B-8
Service charge
AED 34,600 /yr
Last sold
AED 1.1M · March 2013
Building
Al Ghaf 3

About 508, Al Ghaf 3

508 is a three-bedroom apartment of 2,079 sqft on the 5th floor of Al Ghaf 3, a 6-storey tower in The Greens. The developer sold it on 10 March 2013 for AED 1,100,000, or AED 529 per sqft, 12% below the AED 603 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, signed on 5 April 2025, is AED 175,000 a year: a gross yield of 15.9% on the 2013 price, before the service charge of about AED 34,600 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, March 2013: AED 1,100,000 (AED 529 per sqft)

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

Rents
Unit 508, 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, November 2012: AED 110,250 a yearNew contract, November 2013: AED 115,764 a yearNew contract, November 2014: AED 140,000 a yearRenewal, November 2015: AED 147,000 a yearRenewal, November 2016: AED 147,000 a yearRenewal, November 2017: AED 142,300 a yearRenewal, November 2018: AED 140,000 a yearNew contract, March 2020: AED 125,000 a yearNew contract, March 2021: AED 110,000 a yearNew contract, April 2022: AED 140,000 a yearNew contract, April 2022: AED 140,000 a yearNew contract, May 2023: AED 177,000 a yearRenewal, May 2024: AED 188,000 a yearNew contract, April 2025: AED 175,000 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 508 sits

All 27 3-beds →

508 last sold in March 2013 at AED 529 per sqft, 12% below what three-beds in Al Ghaf 3 were fetching at the time (AED 603). 508's AED 175,000 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
5073-bedAED 1.37M · Nov 2010

508, Al Ghaf 3 in numbers

  • Sold once: by the developer on 10 March 2013 for AED 1,100,000, or AED 529 per sqft.
  • Rented since November 2012 on 14 Ejari contracts, from AED 110,250 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2013 price is 15.9%, before a service charge of about AED 34,600 a year (AED 16.66 per sqft).

Source: Dubai Land Department. Updated 5 April 2025.

Questions about 508, Al Ghaf 3

What did unit 508 last sell for?

AED 1,100,000 on 10 March 2013, sold by the developer: AED 529 per sqft for 2,079 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 175,000 a year on the contract signed on 5 April 2025. The previous contract, from May 2024, was AED 188,000; the unit has been rented since November 2012.

How big is unit 508?

2,079 sqft (193.1 sqm): a three-bedroom 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 3

Starts from the last sale price (AED 1.1M, 10 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →