1-bed · 754 sqftAl Ghozlan 3, The Greens · 4th floor

407, Al Ghozlan 3

Sold prices and rental history: sold twice, last in May 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 20 November 2019
Last soldAED 895K14 May 2013
Current rentAED 60K /yr20 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Al Ghozlan 3

What is 407 worth today?

Last sold for AED 895,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Nov 2019RentedRenewal
AED 60,000/yr12 months · AED 80 per sqft
20 Nov 2018RentedNew contract
AED 62,000/yr12 months · AED 82 per sqft
29 Aug 2018RentedNew contract
AED 65,000/yr12 months · AED 86 per sqft
18 Jul 2016RentedRenewal
AED 80,000/yr12 months · AED 106 per sqft
18 Jul 2015RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft
14 May 2013SoldReady
AED 895,000AED 1,187 per sqft
4 Dec 2012RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
21 Apr 2008Sold by developerReady
AED 894,888AED 1,187 per sqft

Source: Dubai Land Department. Updated 20 November 2019.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
4th of 7
Parking
204.
Service charge
AED 12,500 /yr
Last sold
AED 895K · May 2013
Building
Al Ghozlan 3

About 407, Al Ghozlan 3

407 is a one-bedroom apartment of 754 sqft on the 4th floor of Al Ghozlan 3, a 7-storey tower in The Greens. It last sold on 14 May 2013 for AED 895,000, or AED 1,187 per sqft, 9% above the AED 1,087 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 20 November 2019, is AED 60,000 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 12,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, April 2008: AED 894,888 (AED 1,187 per sqft)Sold, May 2013: AED 895,000 (AED 1,187 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Al Ghozlan 3
40K60K80K2012201620202024Typical 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, December 2012: AED 60,000 a yearNew contract, July 2015: AED 80,000 a yearRenewal, July 2016: AED 80,000 a yearNew contract, August 2018: AED 65,000 a yearNew contract, November 2018: AED 62,000 a yearRenewal, November 2019: AED 60,000 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 407 sits

All 71 1-beds →

407 last sold in May 2013 at AED 1,187 per sqft, 9% above what one-beds in Al Ghozlan 3 were fetching at the time (AED 1,087). 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. 407's AED 60,000 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
4011-bedAED 845K · Apr 2023
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
4081-bedAED 1.43M · Jan 2025
1–7 of 18

407, Al Ghozlan 3 in numbers

  • Sold twice: first on 21 April 2008 for AED 894,888, last on 14 May 2013 for AED 895,000 (AED 1,187 per sqft).
  • Rented since December 2012 on 6 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2013 price is 6.7%, before a service charge of about AED 12,500 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 20 November 2019.

Questions about 407, Al Ghozlan 3

What did unit 407 last sell for?

AED 895,000 on 14 May 2013: AED 1,187 per sqft for 754 sqft. The unit has 2 registered sales; the first was AED 894,888 in April 2008.

What is the rent for unit 407?

AED 60,000 a year on the contract renewed on 20 November 2019. The previous contract, from November 2018, was AED 62,000; the unit has been rented since December 2012.

How big is unit 407?

754 sqft (70.0 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 407 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.

Selling 407? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 407, Al Ghozlan 3

Starts from the last sale price (AED 895K, 14 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 895,000
Deposit, UAE resident (20%)
AED 179,000
Deposit, non-resident (40%)
AED 358,000
Monthly over 25 years at 3.7%
AED 3,662

Plus AED 42,600 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →