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1-bed · 768 sqftAl Ghozlan 1, The Greens · 5th floor

516, Al Ghozlan 1

Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 1M15 July 2025
Current rentAED 47K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 516, Al Ghozlan 1

What is 516 worth today?

Last sold for AED 1,000,000 in 2025

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15 Jul 2025SoldReady
AED 1,000,000AED 1,302 per sqft
15 Nov 2023RentedRenewal
AED 46,900/yr12 months · AED 61 per sqft
15 Nov 2022RentedRenewal
AED 41,900/yr12 months · AED 55 per sqft
15 Nov 2021RentedRenewal
AED 39,000/yr12 months · AED 51 per sqft
15 Nov 2020RentedRenewal
AED 39,000/yr12 months · AED 51 per sqft
15 Jul 2018RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft
26 Jun 2017RentedRenewal
AED 80,000/yr12 months · AED 105 per sqft
26 Jun 2016RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 15 July 2025.

Key facts

Type
1-bed apartment
Size
768 sqft
Floor
5th of 7
Parking
440.
Service charge
AED 12,800 /yr
Last sold
AED 1M · July 2025
Building
Al Ghozlan 1

About 516, Al Ghozlan 1

516 is a one-bedroom apartment of 768 sqft on the 5th floor of Al Ghozlan 1, a 7-storey tower in The Greens. It last sold on 15 July 2025 for AED 1,000,000, or AED 1,302 per sqft, 15% below the AED 1,523 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 15 November 2023, is AED 46,900 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 12,800 a year.

Sales and rents for 516 over time

Sales
Unit 516, 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 2008: AED 605,800 (AED 789 per sqft)Sold, April 2014: AED 1,180,000 (AED 1,537 per sqft)Sold, July 2025: AED 1,000,000 (AED 1,302 per sqft)

516 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 516, 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, December 2012: AED 65,000 a yearNew contract, May 2014: AED 85,000 a yearNew contract, June 2016: AED 80,000 a yearRenewal, June 2017: AED 80,000 a yearNew contract, July 2018: AED 65,000 a yearRenewal, November 2020: AED 39,000 a yearRenewal, November 2021: AED 39,000 a yearRenewal, November 2022: AED 41,900 a yearRenewal, November 2023: AED 46,900 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 516 sits

All 59 1-beds →

516 last sold in July 2025 at AED 1,302 per sqft, 15% below what one-beds in Al Ghozlan 1 were fetching at the time (AED 1,523). 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. 516's AED 46,900 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 20251,545,000
26 Jun 20251,200,000
19 May 20251,250,000
15 May 20251,150,000
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 5th floor

All 118 units in Al Ghozlan 1
Value
5151-bedAED 880K · Jun 2013
5172-bedAED 1.63M · Aug 2024
5182-bedAED 2.1M · Jul 2025
5192-bedAED 900K · Sep 2022

516, Al Ghozlan 1 in numbers

  • Sold 3 times: first on 5 May 2008 for AED 605,800, last on 15 July 2025 for AED 1,000,000 (AED 1,302 per sqft).
  • Rented since December 2012 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 39,000 in 2021 and recovered to AED 46,900 by November 2023.
  • At AED 46,900 a year the gross yield on the 2025 price is 4.7%, before a service charge of about AED 12,800 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 15 July 2025.

Questions about 516, Al Ghozlan 1

What did unit 516 last sell for?

AED 1,000,000 on 15 July 2025: AED 1,302 per sqft for 768 sqft. The unit has 3 registered sales; the first was AED 605,800 in May 2008.

What is the rent for unit 516?

AED 46,900 a year on the contract renewed on 15 November 2023. The previous contract, from November 2022, was AED 41,900; the unit has been rented since December 2012.

How big is unit 516?

768 sqft (71.3 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower.

What is unit 516 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 516, Al Ghozlan 1

Starts from the last sale price (AED 1M, 15 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →