3-bed · 2,065 sqftAl Ghaf 4, The Greens · 2nd floor

207, Al Ghaf 4

Sold prices and rental history: sold twice, last in March 2012, 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 1 December 2023
Last soldAED 1.55M20 March 2012
Current rentAED 140K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Al Ghaf 4

What is 207 worth today?

Last sold for AED 1,550,000 in 2012

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1 Dec 2023RentedRenewal
AED 140,000/yr12 months · AED 68 per sqft
1 Dec 2022RentedRenewal
AED 127,500/yr12 months · AED 62 per sqft
1 Dec 2021RentedRenewal
AED 110,000/yr12 months · AED 53 per sqft
1 Dec 2020RentedRenewal
AED 110,000/yr12 months · AED 53 per sqft
1 Dec 2019RentedRenewal
AED 120,000/yr12 months · AED 58 per sqft
11 Aug 2016RentedNew contract
AED 155,000/yr12 months · AED 75 per sqft
1 Apr 2015RentedNew contract
AED 160,000/yr12 months · AED 77 per sqft
1 Jan 2014RentedNew contract
AED 140,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
3-bed apartment
Size
2,065 sqft
Floor
2nd of 6
Parking
B-63,B-64
Service charge
AED 34,400 /yr
Last sold
AED 1.55M · March 2012
Building
Al Ghaf 4

About 207, Al Ghaf 4

207 is a three-bedroom apartment of 2,065 sqft on the 2nd floor of Al Ghaf 4, a 6-storey tower in The Greens. It last sold on 20 March 2012 for AED 1,550,000, or AED 750 per sqft, 78% above the AED 422 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 140,000 a year: a gross yield of 9.0% on the 2012 price, before the service charge of about AED 34,400 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical three-bed in Al Ghaf 4
1M2M3M2007201220172022Typical sale price by year: 2007 AED 640,800; 2008 AED 1,766,325; 2010 AED 1,300,000; 2011 AED 686,300; 2013 AED 1,278,230; 2014 AED 2,650,000; 2019 AED 1,325,000; 2021 AED 1,390,000; 2023 AED 1,925,000; 2024 AED 2,375,000Sold by developer, July 2007: AED 1,700,000 (AED 823 per sqft)Sold, March 2012: AED 1,550,000 (AED 750 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 4
100K150K200K2013201720212025Typical rent by year: 2013 AED 128,250; 2014 AED 140,000; 2015 AED 160,000; 2016 AED 155,000; 2017 AED 147,125; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 113,000; 2021 AED 110,000; 2022 AED 123,750; 2023 AED 130,000; 2024 AED 155,000; 2025 AED 155,000; 2026 AED 210,000New contract, January 2013: AED 125,000 a yearNew contract, January 2014: AED 140,000 a yearNew contract, April 2015: AED 160,000 a yearNew contract, August 2016: AED 155,000 a yearRenewal, December 2019: AED 120,000 a yearRenewal, December 2020: AED 110,000 a yearRenewal, December 2021: AED 110,000 a yearRenewal, December 2022: AED 127,500 a yearRenewal, December 2023: AED 140,000 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 4, and where 207 sits

All 29 3-beds →

207 last sold in March 2012 at AED 750 per sqft, 78% above what three-beds in Al Ghaf 4 were fetching at the time (AED 422). 207's AED 140,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Apr 20252,775,000
18 Dec 20242,320,000
28 May 20242,375,000
25 Mar 20242,800,000
0 3-bed sales in the last 12 months

Al Ghaf 4

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 181K /yr
Typical yield
Al Ghaf 4, The Greens: prices, sales and rents →

Other units on the 2nd floor

All 45 units in Al Ghaf 4
Value
2012-bedAED 1.64M · Jan 2013
2023-bedAED 1.48M · Aug 2021
2033-bedAED 690K · Jan 2011
2044-bedAED 971K · Aug 2011
2053-bedAED 1.83M · Sep 2013
2063-bedAED 1.39M · Apr 2021
2083-bedAED 1.12M · Jan 2008
1–7 of 9

207, Al Ghaf 4 in numbers

  • Sold twice: first on 17 July 2007 for AED 1,700,000, last on 20 March 2012 for AED 1,550,000 (AED 750 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 110,000 in 2021 and recovered to AED 140,000 by December 2023.
  • At AED 140,000 a year the gross yield on the 2012 price is 9.0%, before a service charge of about AED 34,400 a year (AED 16.66 per sqft).

Source: Dubai Land Department. Updated 1 December 2023.

Questions about 207, Al Ghaf 4

What did unit 207 last sell for?

AED 1,550,000 on 20 March 2012: AED 750 per sqft for 2,065 sqft. The unit has 2 registered sales; the first was AED 1,700,000 in July 2007.

What is the rent for unit 207?

AED 140,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 127,500; the unit has been rented since January 2013.

How big is unit 207?

2,065 sqft (191.8 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 207 worth today?

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Mortgage on 207, Al Ghaf 4

Starts from the last sale price (AED 1.55M, 20 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →