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

216, Al Ghozlan 2

Sold prices and rental history: sold 4 times, last in January 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 505K25 January 2017
Current rentAED 64K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Al Ghozlan 2

What is 216 worth today?

Last sold for AED 505,000 in 2017

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1 Jul 2024RentedNew contract
AED 63,800/yr12 months · AED 85 per sqft
1 Jul 2022RentedRenewal
AED 50,400/yr12 months · AED 67 per sqft
1 Jul 2021RentedNew contract
AED 42,000/yr12 months · AED 56 per sqft
15 Jun 2020RentedNew contract
AED 45,000/yr12 months · AED 60 per sqft
12 Aug 2018RentedNew contract
AED 62,000/yr12 months · AED 82 per sqft
1 Sep 2017RentedNew contract
AED 85,000/yr12 months · AED 113 per sqft
25 Jan 2017SoldReady
AED 505,000AED 670 per sqft
10 Feb 2016RentedRenewal
AED 85,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
2nd of 7
Parking
78.
Service charge
AED 12,500 /yr
Last sold
AED 505K · January 2017
Building
Al Ghozlan 2

About 216, Al Ghozlan 2

216 is a one-bedroom apartment of 754 sqft on the 2nd floor of Al Ghozlan 2, a 7-storey tower in The Greens. It last sold on 25 January 2017 for AED 505,000, or AED 670 per sqft, 44% below the AED 1,192 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 July 2024, is AED 63,800 a year: a gross yield of 12.6% on the 2017 price, before the service charge of about AED 12,500 a year.

Sales and rents for 216 over time

Sales
Unit 216, 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, May 2009: AED 910,000 (AED 1,207 per sqft)Sold, March 2010: AED 735,000 (AED 975 per sqft)Sold, January 2013: AED 800,000 (AED 1,061 per sqft)Sold, January 2017: AED 505,000 (AED 670 per sqft)

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

Rents
Unit 216, 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, March 2013: AED 68,000 a yearNew contract, February 2014: AED 85,000 a yearRenewal, February 2015: AED 85,000 a yearRenewal, February 2016: AED 85,000 a yearNew contract, September 2017: AED 85,000 a yearNew contract, August 2018: AED 62,000 a yearNew contract, June 2020: AED 45,000 a yearNew contract, July 2021: AED 42,000 a yearRenewal, July 2022: AED 50,400 a yearNew contract, July 2024: AED 63,800 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 216 sits

All 70 1-beds →

216 last sold in January 2017 at AED 670 per sqft, 44% below what one-beds in Al Ghozlan 2 were fetching at the time (AED 1,192). 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. 216's AED 63,800 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 2nd floor

All 108 units in Al Ghozlan 2
Value
2011-bedAED 531K · Apr 2011
2021-bedAED 1.12M · Jan 2024
2031-bedAED 1.02M · Oct 2023
2041-bedAED 853K · Aug 2010
2052-bedAED 1.55M · Nov 2022
2061-bedAED 1.3M · Jul 2025
2071-bedAED 591K · Dec 2009
1–7 of 18

216, Al Ghozlan 2 in numbers

  • Sold 4 times: first on 19 May 2009 for AED 910,000, last on 25 January 2017 for AED 505,000 (AED 670 per sqft).
  • Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 68,000 to AED 42,000 in 2021 and recovered to AED 63,800 by July 2024.
  • At AED 63,800 a year the gross yield on the 2017 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 1 July 2024.

Questions about 216, Al Ghozlan 2

What did unit 216 last sell for?

AED 505,000 on 25 January 2017: AED 670 per sqft for 754 sqft. The unit has 4 registered sales; the first was AED 910,000 in May 2009.

What is the rent for unit 216?

AED 63,800 a year on the contract signed on 1 July 2024. The previous contract, from July 2022, was AED 50,400; the unit has been rented since March 2013.

How big is unit 216?

754 sqft (70.0 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower.

What is unit 216 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 216, Al Ghozlan 2

Starts from the last sale price (AED 505K, 25 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →