1-bed · 814 sqftAl Ghozlan 3, The Greens · 4th floor

401, Al Ghozlan 3

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 19 April 2023
Last soldAED 845K19 April 2023
Current rentAED 48K /yr16 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Al Ghozlan 3

What is 401 worth today?

Last sold for AED 845,000 in 2023

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19 Apr 2023SoldReady
AED 845,000AED 1,038 per sqft
16 Sep 2022RentedNew contract
AED 48,000/yr11 months · AED 59 per sqft
15 Sep 2022SoldReady
AED 623,753AED 766 per sqft
1 Sep 2022RentedRenewal
AED 48,000/yr12 months · AED 59 per sqft
1 Aug 2021RentedNew contract
AED 40,000/yr13 months · AED 49 per sqft
1 Sep 2020RentedNew contract
AED 58,000/yr12 months · AED 71 per sqft
1 Sep 2019RentedNew contract
AED 65,000/yr12 months · AED 80 per sqft
1 Sep 2018RentedRenewal
AED 95,000/yr12 months · AED 117 per sqft

Source: Dubai Land Department. Updated 19 April 2023.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
4th of 7
Parking
158.
Service charge
AED 13,500 /yr
Last sold
AED 845K · April 2023
Building
Al Ghozlan 3

About 401, Al Ghozlan 3

401 is a one-bedroom apartment of 814 sqft on the 4th floor of Al Ghozlan 3, a 7-storey tower in The Greens. It last sold on 19 April 2023 for AED 845,000, or AED 1,038 per sqft, 15% above the AED 902 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 16 September 2022, is AED 48,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 13,500 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in Al Ghozlan 3
500K1M2008201320182023Typical sale price by year: 2008 AED 990,000; 2009 AED 826,977; 2010 AED 690,000; 2011 AED 540,000; 2012 AED 700,000; 2013 AED 935,000; 2014 AED 1,150,000; 2015 AED 1,060,000; 2016 AED 960,000; 2018 AED 977,500; 2020 AED 628,750; 2021 AED 600,000; 2022 AED 650,000; 2023 AED 850,000; 2024 AED 1,100,000; 2025 AED 1,335,000Sold by developer, June 2016: AED 841,648 (AED 1,034 per sqft)Sold, September 2022: AED 623,753 (AED 766 per sqft)Sold, April 2023: AED 845,000 (AED 1,038 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Al Ghozlan 3
50K75K100K2012201620202024Typical rent by year: 2012 AED 57,000; 2013 AED 70,000; 2014 AED 85,000; 2015 AED 82,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 69,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 43,500; 2022 AED 51,750; 2023 AED 64,400; 2024 AED 72,765; 2025 AED 78,000; 2026 AED 80,000New contract, September 2016: AED 95,000 a yearRenewal, September 2017: AED 95,000 a yearRenewal, September 2018: AED 95,000 a yearNew contract, September 2019: AED 65,000 a yearNew contract, September 2020: AED 58,000 a yearNew contract, August 2021: AED 40,000 a yearNew contract, September 2022: AED 48,000 a yearRenewal, September 2022: AED 48,000 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 3, and where 401 sits

All 71 1-beds →

401 last sold in April 2023 at AED 1,038 per sqft, 15% above what one-beds in Al Ghozlan 3 were fetching at the time (AED 902). Over the last 12 months one-beds sold for AED 1,350,000 to 1,590,000, around AED 1,950 per sqft, and rent for AED 63,250 to 130,000 a year. 401's AED 48,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Jan 20261,500,000
24 Dec 20251,570,000
24 Jun 20251,250,000
4 Jun 20251,400,000
4 1-bed sales in the last 12 months

Al Ghozlan 3

Building

108 apartments, 1-bed to 2-bed over 7 floors in The Greens. 4 sold in the last 12 months.

Typical price per sqft
AED 1,950
Typical sale
AED 1.54M
Typical rent
AED 85K /yr
Typical yield
5.4%
Al Ghozlan 3, The Greens: prices, sales and rents →

Other units on the 4th floor

All 108 units in Al Ghozlan 3
Value
4021-bedAED 875K · Nov 2012
4031-bedAED 475K · May 2008
4041-bedAED 1.1M · Apr 2024
4052-bedAED 1.83M · Jan 2014
4061-bedAED 1.5M · Jan 2026
4071-bedAED 895K · May 2013
4081-bedAED 1.43M · Jan 2025
1–7 of 18

401, Al Ghozlan 3 in numbers

  • Sold 3 times: first on 9 June 2016 for AED 841,648, last on 19 April 2023 for AED 845,000 (AED 1,038 per sqft).
  • Rented since September 2016 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 40,000 in 2021 and recovered to AED 48,000 by September 2022.
  • At AED 48,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 13,500 a year (AED 16.62 per sqft).
  • One-beds in Al Ghozlan 3 sold for AED 1,350,000–1,590,000 in the 12 months to November 2026; the building's median across all types is AED 1,950 per sqft.

Source: Dubai Land Department. Updated 19 April 2023.

Questions about 401, Al Ghozlan 3

What did unit 401 last sell for?

AED 845,000 on 19 April 2023: AED 1,038 per sqft for 814 sqft. The unit has 3 registered sales; the first was AED 841,648 in June 2016.

What is the rent for unit 401?

AED 48,000 a year on the contract signed on 16 September 2022. The previous contract, from September 2022, was AED 48,000; the unit has been rented since September 2016.

How big is unit 401?

814 sqft (75.6 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 401 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 3 sold for AED 1,350,000 to 1,590,000 in the last 12 months, around AED 1,950 per sqft.

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Mortgage on 401, Al Ghozlan 3

Starts from the last sale price (AED 845K, 19 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 845,000
Deposit, UAE resident (20%)
AED 169,000
Deposit, non-resident (40%)
AED 338,000
Monthly over 25 years at 3.7%
AED 3,457

Plus AED 40,500 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →