2-bed · 948 sqftAl Ghozlan 2, The Greens · 1st floor

118, Al Ghozlan 2

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 1.41M1 September 2014
Current rentAED 112K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Al Ghozlan 2

What is 118 worth today?

Last sold for AED 1,405,520 in 2014

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1 Aug 2025RentedRenewal
AED 111,804/yr12 months · AED 87 per sqft
1 Aug 2024RentedRenewal
AED 106,480/yr12 months · AED 83 per sqft
1 Aug 2023RentedRenewal
AED 96,800/yr12 months · AED 76 per sqft
1 Aug 2022RentedRenewal
AED 88,000/yr12 months · AED 69 per sqft
1 Jul 2017RentedRenewal
AED 120,000/yr12 months · AED 94 per sqft
1 Jul 2016RentedRenewal
AED 126,000/yr12 months · AED 98 per sqft
1 Sep 2014SoldReady
AED 1,405,520AED 1,482 per sqft
1 Jul 2014RentedNew contract
AED 120,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
948 sqft
Floor
1st of 7
Parking
36.
Service charge
AED 15,800 /yr
Last sold
AED 1.41M · September 2014
Building
Al Ghozlan 2

About 118, Al Ghozlan 2

118 is a two-bedroom apartment of 948 sqft on the 1st floor of Al Ghozlan 2, a 7-storey tower in The Greens. It last sold on 1 September 2014 for AED 1,405,520, or AED 1,482 per sqft, 44% above the AED 1,030 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 111,804 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 15,800 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical two-bed in Al Ghozlan 2
1M2M2007201220172022Typical sale price by year: 2007 AED 477,225; 2008 AED 1,243,000; 2010 AED 1,284,000; 2011 AED 975,000; 2012 AED 930,000; 2013 AED 1,650,000; 2014 AED 1,500,000; 2015 AED 1,652,500; 2016 AED 1,650,000; 2022 AED 1,220,000; 2023 AED 1,640,000; 2024 AED 1,541,000; 2025 AED 1,875,000Sold by developer, July 2010: AED 1,000,000 (AED 780 per sqft)Sold, September 2014: AED 1,405,520 (AED 1,482 per sqft)

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

Rents
Unit 118, each contractTypical two-bed in Al Ghozlan 2
50K100K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 102,500; 2014 AED 128,750; 2015 AED 130,000; 2016 AED 120,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 92,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 88,275; 2023 AED 98,400; 2024 AED 115,563; 2025 AED 118,402New contract, March 2013: AED 34,000 a yearNew contract, July 2014: AED 120,000 a yearRenewal, July 2016: AED 126,000 a yearRenewal, July 2017: AED 120,000 a yearRenewal, August 2022: AED 88,000 a yearRenewal, August 2023: AED 96,800 a yearRenewal, August 2024: AED 106,480 a yearRenewal, August 2025: AED 111,804 a year

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

2-beds in Al Ghozlan 2, and where 118 sits

All 31 2-beds →

118 last sold in September 2014 at AED 1,482 per sqft, 44% above what two-beds in Al Ghozlan 2 were fetching at the time (AED 1,030). Over the last 12 months two-beds sold for AED 1,710,000 to 1,875,000, around AED 1,616 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Dec 20251,710,000
23 Dec 20251,875,000
15 Jul 20252,000,000
11 Mar 20252,300,000
2 2-bed sales 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

118, Al Ghozlan 2 in numbers

  • Sold twice: first on 1 July 2010 for AED 1,000,000, last on 1 September 2014 for AED 1,405,520 (AED 1,482 per sqft).
  • Rented since March 2013 on 8 Ejari contracts, from AED 34,000 to AED 111,804 a year.
  • At AED 111,804 a year the gross yield on the 2014 price is 8.0%, before a service charge of about AED 15,800 a year (AED 16.62 per sqft).
  • Two-beds in Al Ghozlan 2 sold for AED 1,710,000–1,875,000 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 1 August 2025.

Questions about 118, Al Ghozlan 2

What did unit 118 last sell for?

AED 1,405,520 on 1 September 2014: AED 1,482 per sqft for 948 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in July 2010.

What is the rent for unit 118?

AED 111,804 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 106,480; the unit has been rented since March 2013.

How big is unit 118?

948 sqft (88.1 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Ghozlan 2 sold for AED 1,710,000 to 1,875,000 in the last 12 months, around AED 1,616 per sqft.

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Mortgage on 118, Al Ghozlan 2

Starts from the last sale price (AED 1.41M, 1 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,405,520
Deposit, UAE resident (20%)
AED 281,104
Deposit, non-resident (40%)
AED 562,208
Monthly over 25 years at 3.7%
AED 5,750

Plus AED 64,042 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →