516, Al Ghozlan 3
Sold prices and rental history: sold 5 times, last in April 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Al Ghozlan 3
What is 516 worth today?
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Source: Dubai Land Department. Updated 5 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 754 sqft
- Floor
- 5th of 7
- Parking
- 132.
- Service charge
- AED 12,500 /yr
- Last sold
- AED 850K · April 2023
- Building
- Al Ghozlan 3
About 516, Al Ghozlan 3
516 is a one-bedroom apartment of 754 sqft on the 5th floor of Al Ghozlan 3, a 7-storey tower in The Greens. It last sold on 5 April 2023 for AED 850,000, or AED 1,127 per sqft, 28% above the AED 882 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 21 November 2020, is AED 50,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 12,500 a year.
Sales and rents for 516 over time
516 has sold 5 times; the dashed line is the one-bed median of each year in the building.
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 516 sits
All 71 1-beds →516 last sold in April 2023 at AED 1,127 per sqft, 28% above what one-beds in Al Ghozlan 3 were fetching at the time (AED 882). 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. 516's AED 50,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jan 20265 January 2026 | 763 sqft | 1,500,000 | 1,966 | ||
| 24 Dec 202524 December 2025 | 811 sqft | 1,570,000 | 1,934 | ||
| 24 Jun 202524 June 2025 | 811 sqft | 1,250,000 | 1,540 | ||
| 4 Jun 20254 June 2025 | 1,088 sqft | 1,400,000 | 1,286 |
Al Ghozlan 3
Building108 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%
Other units on the 5th floor
All 108 units in Al Ghozlan 3516, Al Ghozlan 3 in numbers
- Sold 5 times: first on 15 May 2008 for AED 898,888, last on 5 April 2023 for AED 850,000 (AED 1,127 per sqft).
- Rented since October 2013 on 6 Ejari contracts, from AED 148,800 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 5.9%, 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 5 April 2023.
Questions about 516, Al Ghozlan 3
What did unit 516 last sell for?
AED 850,000 on 5 April 2023: AED 1,127 per sqft for 754 sqft. The unit has 5 registered sales; the first was AED 898,888 in May 2008.
What is the rent for unit 516?
AED 50,000 a year on the contract renewed on 21 November 2020. The previous contract, from November 2019, was AED 54,000; the unit has been rented since October 2013.
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 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 516, Al Ghozlan 3
Starts from the last sale price (AED 850K, 5 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →