1-bed · 754 sqftAl Ghozlan 2, The Greens · 1st floor

115, Al Ghozlan 2

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 650K1 August 2010
Current rentAED 82K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Al Ghozlan 2

What is 115 worth today?

Last sold for AED 650,000 in 2010

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15 Mar 2025RentedRenewal
AED 82,000/yr12 months · AED 109 per sqft
17 Jul 2022RentedNew contract
AED 58,000/yr12 months · AED 77 per sqft
10 Sep 2021RentedNew contract
AED 49,862/yr12 months · AED 66 per sqft
1 Dec 2019RentedNew contract
AED 58,000/yr12 months · AED 77 per sqft
22 Nov 2017RentedNew contract
AED 73,000/yr12 months · AED 97 per sqft
20 Feb 2012RentedNew contract
AED 47,000/yr12 months · AED 62 per sqft
1 Aug 2010Sold by developerReady
AED 650,000AED 862 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
1st of 7
Parking
180.
Service charge
AED 12,500 /yr
Last sold
AED 650K · August 2010
Building
Al Ghozlan 2

About 115, Al Ghozlan 2

115 is a one-bedroom apartment of 754 sqft on the 1st floor of Al Ghozlan 2, a 7-storey tower in The Greens. The developer sold it on 1 August 2010 for AED 650,000, or AED 862 per sqft, in line with the AED 872 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 82,000 a year: a gross yield of 12.6% on the 2010 price, before the service charge of about AED 12,500 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical one-bed in Al Ghozlan 2
500K1M2007201220172022Typical sale price by year: 2007 AED 450,000; 2008 AED 675,000; 2009 AED 676,388; 2010 AED 654,944; 2011 AED 545,000; 2012 AED 662,500; 2013 AED 900,000; 2015 AED 1,022,500; 2016 AED 987,500; 2017 AED 877,500; 2018 AED 400,000; 2023 AED 900,000; 2024 AED 1,135,000; 2025 AED 1,317,500Sold by developer, August 2010: AED 650,000 (AED 862 per sqft)

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

Rents
Unit 115, each contractTypical one-bed in Al Ghozlan 2
40K60K80K2012201620202024Typical rent by year: 2012 AED 56,500; 2013 AED 68,000; 2014 AED 80,000; 2015 AED 83,000; 2016 AED 80,000; 2017 AED 78,000; 2018 AED 70,000; 2019 AED 61,000; 2020 AED 48,000; 2021 AED 44,300; 2022 AED 52,375; 2023 AED 60,000; 2024 AED 73,700; 2025 AED 80,000; 2026 AED 75,075New contract, February 2012: AED 47,000 a yearNew contract, November 2017: AED 73,000 a yearNew contract, December 2019: AED 58,000 a yearNew contract, September 2021: AED 49,862 a yearNew contract, July 2022: AED 58,000 a yearRenewal, March 2025: AED 82,000 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 2, and where 115 sits

All 70 1-beds →

115 last sold in August 2010 at AED 862 per sqft, in line with what one-beds in Al Ghozlan 2 were fetching at the time (AED 872). Over the last 12 months one-beds sold for AED 1,600,000, around AED 2,098 per sqft, and rent for AED 60,000 to 115,000 a year. 115's AED 82,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jul 20251,300,000
13 May 20251,610,000
12 May 20251,520,000
28 Apr 20251,460,000
1 1-bed sale in the last 12 months

Al Ghozlan 2

Building

108 apartments, 1-bed to 2-bed over 7 floors in The Greens. 3 sold in the last 12 months.

Typical price per sqft
AED 1,664
Typical sale
AED 1.71M
Typical rent
AED 75K /yr
Typical yield
6.0%
Al Ghozlan 2, The Greens: prices, sales and rents →

Other units on the 1st floor

All 108 units in Al Ghozlan 2
Value
1011-bedAED 720K · Nov 2009
1021-bedAED 685K · Jun 2022
1031-bedAED 1.02M · Aug 2013
1041-bedAED 950K · Aug 2012
1052-bedAED 1.64M · Oct 2023
1061-bedAED 1.02M · Dec 2016
1071-bedAED 730K · Nov 2021
1–7 of 18

115, Al Ghozlan 2 in numbers

  • Sold once: by the developer on 1 August 2010 for AED 650,000, or AED 862 per sqft.
  • Rented since February 2012 on 6 Ejari contracts, from AED 47,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2010 price is 12.6%, before a service charge of about AED 12,500 a year (AED 16.62 per sqft).
  • One-beds in Al Ghozlan 2 sold for AED 1,600,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,664 per sqft.

Source: Dubai Land Department. Updated 15 March 2025.

Questions about 115, Al Ghozlan 2

What did unit 115 last sell for?

AED 650,000 on 1 August 2010, sold by the developer: AED 862 per sqft for 754 sqft. It is the only registered sale of the unit.

What is the rent for unit 115?

AED 82,000 a year on the contract renewed on 15 March 2025. The previous contract, from July 2022, was AED 58,000; the unit has been rented since February 2012.

How big is unit 115?

754 sqft (70.0 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 115 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 2 sold for AED 1,600,000 to 1,600,000 in the last 12 months, around AED 2,098 per sqft.

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Mortgage on 115, Al Ghozlan 2

Starts from the last sale price (AED 650K, 1 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →