1-bed · 754 sqftAl Ghozlan 2, The Greens · 5th floor

516, Al Ghozlan 2

Sold prices and rental history: sold 3 times, last in December 2023, 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 21 September 2025
Last soldAED 1.28M8 December 2023
Current rentAED 115K /yr21 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Al Ghozlan 2

What is 516 worth today?

Last sold for AED 1,280,000 in 2023

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21 Sep 2025RentedRenewal
AED 115,000/yr12 months · AED 153 per sqft
21 Sep 2024RentedNew contract
AED 115,000/yr12 months · AED 153 per sqft
15 Feb 2024RentedNew contract
AED 115,000/yr12 months · AED 153 per sqft
8 Dec 2023SoldReady
AED 1,280,000AED 1,698 per sqft
12 Sep 2023SoldReady
AED 915,000AED 1,214 per sqft
5 Nov 2021RentedNew contract
AED 39,000/yr12 months · AED 52 per sqft
5 Nov 2020RentedNew contract
AED 38,000/yr12 months · AED 50 per sqft
23 Apr 2019RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 21 September 2025.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
5th of 7
Parking
50.
Service charge
AED 12,500 /yr
Last sold
AED 1.28M · December 2023
Building
Al Ghozlan 2

About 516, Al Ghozlan 2

516 is a one-bedroom apartment of 754 sqft on the 5th floor of Al Ghozlan 2, a 7-storey tower in The Greens. It last sold on 8 December 2023 for AED 1,280,000, or AED 1,698 per sqft, 58% above the AED 1,073 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 21 September 2025, is AED 115,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 12,500 a year.

Sales and rents for 516 over time

Sales
Unit 516, 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, July 2010: AED 701,000 (AED 930 per sqft)Sold, September 2023: AED 915,000 (AED 1,214 per sqft)Sold, December 2023: AED 1,280,000 (AED 1,698 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 2
50K100K2012201620202024Typical 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, November 2012: AED 65,000 a yearNew contract, April 2019: AED 70,000 a yearNew contract, November 2020: AED 38,000 a yearNew contract, November 2021: AED 39,000 a yearNew contract, February 2024: AED 115,000 a yearNew contract, September 2024: AED 115,000 a yearRenewal, September 2025: AED 115,000 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 516 sits

All 70 1-beds →

516 last sold in December 2023 at AED 1,698 per sqft, 58% above what one-beds in Al Ghozlan 2 were fetching at the time (AED 1,073). 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. 516's AED 115,000 is at the top 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 5th floor

All 108 units in Al Ghozlan 2
Value
5151-bedAED 660K · Apr 2009
5172-bedAED 1.88M · Dec 2025
5182-bedAED 1.68M · Mar 2024
5192-bedAED 1.5M · Jul 2023

516, Al Ghozlan 2 in numbers

  • Sold 3 times: first on 1 July 2010 for AED 701,000, last on 8 December 2023 for AED 1,280,000 (AED 1,698 per sqft).
  • Rented since November 2012 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 38,000 in 2020 and recovered to AED 115,000 by September 2025.
  • At AED 115,000 a year the gross yield on the 2023 price is 9.0%, 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 21 September 2025.

Questions about 516, Al Ghozlan 2

What did unit 516 last sell for?

AED 1,280,000 on 8 December 2023: AED 1,698 per sqft for 754 sqft. The unit has 3 registered sales; the first was AED 701,000 in July 2010.

What is the rent for unit 516?

AED 115,000 a year on the contract renewed on 21 September 2025. The previous contract, from September 2024, was AED 115,000; the unit has been rented since November 2012.

How big is unit 516?

754 sqft (70.0 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 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 516, Al Ghozlan 2

Starts from the last sale price (AED 1.28M, 8 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,280,000
Deposit, UAE resident (20%)
AED 256,000
Deposit, non-resident (40%)
AED 512,000
Monthly over 25 years at 3.7%
AED 5,237

Plus AED 58,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →