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1-bed · 754 sqftAl Ghozlan 3, The Greens · 6th floor

616, Al Ghozlan 3

Sold prices and rental history: sold 6 times, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 29 April 2022
Last soldAED 680K29 April 2022
Current rentAED 129K /yr25 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 616, Al Ghozlan 3

What is 616 worth today?

Last sold for AED 680,000 in 2022

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29 Apr 2022SoldReady
AED 680,000AED 902 per sqft
25 Jan 2022RentedNew contract
AED 129,167/yr5 months · AED 171 per sqft
14 Jun 2019RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
13 Feb 2018SoldReady
AED 904,425AED 1,199 per sqft
10 Aug 2015SoldReady
AED 1,100,000AED 1,459 per sqft
21 Dec 2014RentedNew contract
AED 93,000/yr12 months · AED 123 per sqft
22 Sep 2013RentedNew contract
AED 88,000/yr12 months · AED 117 per sqft
3 Jul 2013RentedNew contract
AED 85,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 29 April 2022.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
6th of 7
Parking
143.
Service charge
AED 12,500 /yr
Last sold
AED 680K · April 2022
Building
Al Ghozlan 3

About 616, Al Ghozlan 3

616 is a one-bedroom apartment of 754 sqft on the 6th floor of Al Ghozlan 3, a 7-storey tower in The Greens. It last sold on 29 April 2022 for AED 680,000, or AED 902 per sqft, 11% above the AED 816 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 25 January 2022, is AED 129,167 a year: a gross yield of 19.0% on the 2022 price, before the service charge of about AED 12,500 a year.

Sales and rents for 616 over time

Sales
Unit 616, 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, October 2008: AED 451,444 (AED 598 per sqft)Sold, March 2010: AED 750,000 (AED 995 per sqft)Sold, April 2012: AED 600,000 (AED 796 per sqft)Sold, August 2015: AED 1,100,000 (AED 1,459 per sqft)Sold, February 2018: AED 904,425 (AED 1,199 per sqft)Sold, April 2022: AED 680,000 (AED 902 per sqft)

616 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 616, each contractTypical one-bed in Al Ghozlan 3
50K100K2012201620202024Typical 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, July 2013: AED 85,000 a yearNew contract, September 2013: AED 88,000 a yearNew contract, December 2014: AED 93,000 a yearNew contract, June 2019: AED 60,000 a yearNew contract, January 2022: AED 129,167 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 616 sits

All 71 1-beds →

616 last sold in April 2022 at AED 902 per sqft, 11% above what one-beds in Al Ghozlan 3 were fetching at the time (AED 816). 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. 616's AED 129,167 is in the upper half 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 6th floor

All 108 units in Al Ghozlan 3
Value
6151-bedAED 850K · Mar 2013
6172-bedAED 1.7M · Dec 2014
6182-bedAED 1.25M · Jan 2019
6192-bedAED 1.29M · Jan 2022

616, Al Ghozlan 3 in numbers

  • Sold 6 times: first on 27 October 2008 for AED 451,444, last on 29 April 2022 for AED 680,000 (AED 902 per sqft).
  • Rented since July 2013 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2019 and recovered to AED 129,167 by January 2022.
  • At AED 129,167 a year the gross yield on the 2022 price is 19.0%, 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 29 April 2022.

Questions about 616, Al Ghozlan 3

What did unit 616 last sell for?

AED 680,000 on 29 April 2022: AED 902 per sqft for 754 sqft. The unit has 6 registered sales; the first was AED 451,444 in October 2008.

What is the rent for unit 616?

AED 129,167 a year on the contract signed on 25 January 2022. The previous contract, from June 2019, was AED 60,000; the unit has been rented since July 2013.

How big is unit 616?

754 sqft (70.0 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower.

What is unit 616 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 616, Al Ghozlan 3

Starts from the last sale price (AED 680K, 29 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

Plus AED 33,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →