1-bed · 758 sqftAl Ghozlan 1, The Greens · 4th floor

408, Al Ghozlan 1

Sold prices and rental history: sold 4 times, last in January 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 2 January 2025
Last soldAED 1.23M2 January 2025
Current rentAED 70K /yr25 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Al Ghozlan 1

What is 408 worth today?

Last sold for AED 1,225,000 in 2025

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2 Jan 2025SoldReady
AED 1,225,000AED 1,615 per sqft
25 Jul 2023RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
14 Nov 2022RentedRenewal
AED 55,200/yr12 months · AED 73 per sqft
14 Nov 2021RentedNew contract
AED 48,000/yr12 months · AED 63 per sqft
7 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
7 Oct 2017RentedRenewal
AED 80,000/yr12 months · AED 106 per sqft
7 Oct 2016RentedRenewal
AED 80,000/yr12 months · AED 106 per sqft
7 Oct 2015RentedRenewal
AED 80,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 2 January 2025.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
4th of 7
Parking
357.
Service charge
AED 12,600 /yr
Last sold
AED 1.23M · January 2025
Building
Al Ghozlan 1

About 408, Al Ghozlan 1

408 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Ghozlan 1, a 7-storey tower in The Greens. It last sold on 2 January 2025 for AED 1,225,000, or AED 1,615 per sqft, 7% above the AED 1,504 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 25 July 2023, is AED 70,000 a year: a gross yield of 5.7% on the 2025 price, before the service charge of about AED 12,600 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, October 2008: AED 760,000 (AED 1,002 per sqft)Sold, February 2011: AED 500,000 (AED 659 per sqft)Sold, January 2014: AED 1,082,500 (AED 1,427 per sqft)Sold, January 2025: AED 1,225,000 (AED 1,615 per sqft)

408 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, 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, October 2013: AED 55,000 a yearRenewal, October 2015: AED 80,000 a yearRenewal, October 2016: AED 80,000 a yearRenewal, October 2017: AED 80,000 a yearNew contract, November 2020: AED 40,000 a yearNew contract, November 2021: AED 48,000 a yearRenewal, November 2022: AED 55,200 a yearNew contract, July 2023: AED 70,000 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 408 sits

All 59 1-beds →

408 last sold in January 2025 at AED 1,615 per sqft, 7% above what one-beds in Al Ghozlan 1 were fetching at the time (AED 1,504). 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. 408's AED 70,000 is at the bottom 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
4031-bedAED 1.15M · Jan 2016
4041-bedAED 1.12M · Jun 2016
4052-bedAED 2.2M · Mar 2025
4061-bedAED 1.25M · Oct 2024
4071-bedAED 900K · Jul 2012
1–7 of 20

408, Al Ghozlan 1 in numbers

  • Sold 4 times: first on 29 October 2008 for AED 760,000, last on 2 January 2025 for AED 1,225,000 (AED 1,615 per sqft).
  • Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 40,000 in 2020 and recovered to AED 70,000 by July 2023.
  • At AED 70,000 a year the gross yield on the 2025 price is 5.7%, before a service charge of about AED 12,600 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 2 January 2025.

Questions about 408, Al Ghozlan 1

What did unit 408 last sell for?

AED 1,225,000 on 2 January 2025: AED 1,615 per sqft for 758 sqft. The unit has 4 registered sales; the first was AED 760,000 in October 2008.

What is the rent for unit 408?

AED 70,000 a year on the contract signed on 25 July 2023. The previous contract, from November 2022, was AED 55,200; the unit has been rented since October 2013.

How big is unit 408?

758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 408 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 408, Al Ghozlan 1

Starts from the last sale price (AED 1.23M, 2 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

Plus AED 56,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →