1-bed · 816 sqftAl Ghozlan 1, The Greens · 4th floor

403, Al Ghozlan 1

Sold prices and rental history: sold twice, last in January 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 31 March 2024
Last soldAED 1.15M20 January 2016
Current rentAED 85K /yr31 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Al Ghozlan 1

What is 403 worth today?

Last sold for AED 1,150,000 in 2016

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31 Mar 2024RentedNew contract
AED 85,000/yr12 months · AED 104 per sqft
21 Feb 2023RentedRenewal
AED 55,200/yr12 months · AED 67 per sqft
21 Feb 2022RentedRenewal
AED 48,000/yr12 months · AED 59 per sqft
21 Feb 2021RentedRenewal
AED 48,000/yr12 months · AED 59 per sqft
5 Feb 2017RentedNew contract
AED 90,000/yr12 months · AED 110 per sqft
20 Jan 2016SoldReady
AED 1,150,000AED 1,409 per sqft
5 Feb 2014RentedNew contract
AED 90,000/yr12 months · AED 110 per sqft
4 May 2010Sold by developerReady
AED 940,000AED 1,152 per sqft

Source: Dubai Land Department. Updated 31 March 2024.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
4th of 7
Parking
379.
Service charge
AED 13,600 /yr
Last sold
AED 1.15M · January 2016
Building
Al Ghozlan 1

About 403, Al Ghozlan 1

403 is a one-bedroom apartment of 816 sqft on the 4th floor of Al Ghozlan 1, a 7-storey tower in The Greens. It last sold on 20 January 2016 for AED 1,150,000, or AED 1,409 per sqft, 9% above the AED 1,292 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 31 March 2024, is AED 85,000 a year: a gross yield of 7.4% on the 2016 price, before the service charge of about AED 13,600 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Al Ghozlan 1
500K1M2007201220172022Typical sale price by year: 2007 AED 298,444; 2008 AED 750,000; 2009 AED 656,500; 2010 AED 663,888; 2011 AED 560,000; 2012 AED 712,500; 2013 AED 880,000; 2014 AED 1,180,000; 2015 AED 1,125,000; 2016 AED 1,037,500; 2017 AED 1,065,000; 2018 AED 800,000; 2023 AED 955,000; 2024 AED 1,112,500; 2025 AED 1,200,000Sold by developer, May 2010: AED 940,000 (AED 1,152 per sqft)Sold, January 2016: AED 1,150,000 (AED 1,409 per sqft)

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

Rents
Unit 403, each contractTypical one-bed in Al Ghozlan 1
50K75K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 70,000; 2014 AED 85,000; 2015 AED 82,000; 2016 AED 82,000; 2017 AED 80,000; 2018 AED 72,000; 2019 AED 65,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 55,200; 2023 AED 66,150; 2024 AED 80,000; 2025 AED 81,500; 2026 AED 90,000New contract, February 2014: AED 90,000 a yearNew contract, February 2017: AED 90,000 a yearRenewal, February 2021: AED 48,000 a yearRenewal, February 2022: AED 48,000 a yearRenewal, February 2023: AED 55,200 a yearNew contract, March 2024: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Ghozlan 1, and where 403 sits

All 59 1-beds →

403 last sold in January 2016 at AED 1,409 per sqft, 9% above what one-beds in Al Ghozlan 1 were fetching at the time (AED 1,292). Over the last 12 months one-beds sold for AED 1,522,000, around AED 1,865 per sqft, and rent for AED 75,000 to 130,000 a year. 403's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Jul 20251,000,000
26 Jun 20251,545,000
26 Jun 20251,200,000
19 May 20251,250,000
1 1-bed sale in the last 12 months

Al Ghozlan 1

Building

118 apartments, studios to 2-bed over 7 floors in The Greens. 4 sold in the last 12 months.

Typical price per sqft
AED 1,816
Typical sale
AED 1.76M
Typical rent
AED 92K /yr
Typical yield
6.0%
Al Ghozlan 1, The Greens: prices, sales and rents →

Other units on the 4th floor

All 118 units in Al Ghozlan 1
Value
4011-bedAED 1.05M · Jan 2024
4021-bedAED 1.22M · Jan 2025
4041-bedAED 1.12M · Jun 2016
4052-bedAED 2.2M · Mar 2025
4061-bedAED 1.25M · Oct 2024
4071-bedAED 900K · Jul 2012
4081-bedAED 1.23M · Jan 2025
1–7 of 20

403, Al Ghozlan 1 in numbers

  • Sold twice: first on 4 May 2010 for AED 940,000, last on 20 January 2016 for AED 1,150,000 (AED 1,409 per sqft).
  • Rented since February 2014 on 6 Ejari contracts. The rent fell from AED 90,000 to AED 48,000 in 2022 and recovered to AED 85,000 by March 2024.
  • At AED 85,000 a year the gross yield on the 2016 price is 7.4%, before a service charge of about AED 13,600 a year (AED 16.62 per sqft).
  • One-beds in Al Ghozlan 1 sold for AED 1,522,000–1,522,000 in the 12 months to November 2026; the building's median across all types is AED 1,816 per sqft.

Source: Dubai Land Department. Updated 31 March 2024.

Questions about 403, Al Ghozlan 1

What did unit 403 last sell for?

AED 1,150,000 on 20 January 2016: AED 1,409 per sqft for 816 sqft. The unit has 2 registered sales; the first was AED 940,000 in May 2010.

What is the rent for unit 403?

AED 85,000 a year on the contract signed on 31 March 2024. The previous contract, from February 2023, was AED 55,200; the unit has been rented since February 2014.

How big is unit 403?

816 sqft (75.8 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Ghozlan 1 sold for AED 1,522,000 to 1,522,000 in the last 12 months, around AED 1,865 per sqft.

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Mortgage on 403, Al Ghozlan 1

Starts from the last sale price (AED 1.15M, 20 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →