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2-bed · 1,292 sqftAl Ghozlan 4, The Greens · 2nd floor

218, Al Ghozlan 4

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.41M9 March 2009
Current rentAED 113K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 218, Al Ghozlan 4

What is 218 worth today?

Last sold for AED 1,405,888 in 2009

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1 Sep 2024RentedRenewal
AED 113,300/yr12 months · AED 88 per sqft
1 Sep 2023RentedRenewal
AED 103,000/yr12 months · AED 80 per sqft
1 Sep 2022RentedNew contract
AED 103,000/yr12 months · AED 80 per sqft
5 Sep 2021RentedRenewal
AED 90,000/yr12 months · AED 70 per sqft
5 Sep 2019RentedRenewal
AED 105,000/yr12 months · AED 81 per sqft
5 Sep 2018RentedRenewal
AED 115,000/yr12 months · AED 89 per sqft
5 Sep 2017RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft
19 Feb 2017RentedNew contract
AED 130,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,292 sqft
Floor
2nd of 7
Parking
258.
Service charge
AED 21,500 /yr
Last sold
AED 1.41M · March 2009
Building
Al Ghozlan 4

About 218, Al Ghozlan 4

218 is a two-bedroom apartment of 1,292 sqft on the 2nd floor of Al Ghozlan 4, a 7-storey tower in The Greens. The developer sold it on 9 March 2009 for AED 1,405,888, or AED 1,088 per sqft, in line with the AED 1,070 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 113,300 a year: a gross yield of 8.1% on the 2009 price, before the service charge of about AED 21,500 a year.

Sales and rents for 218 over time

Sales
Unit 218, each saleTypical two-bed in Al Ghozlan 4
1M2M2008201320182023Typical sale price by year: 2008 AED 1,342,428; 2009 AED 1,405,416; 2010 AED 1,286,977; 2011 AED 1,500,000; 2012 AED 955,325; 2013 AED 1,525,000; 2015 AED 1,775,000; 2016 AED 1,695,000; 2017 AED 1,710,000; 2022 AED 853,900; 2023 AED 1,110,000; 2025 AED 2,200,000Sold by developer, March 2009: AED 1,405,888 (AED 1,088 per sqft)

218 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 218, each contractTypical two-bed in Al Ghozlan 4
75K100K125K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 115,000; 2014 AED 115,000; 2015 AED 122,875; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 79,000; 2021 AED 77,000; 2022 AED 88,000; 2023 AED 96,360; 2024 AED 113,300; 2025 AED 120,000; 2026 AED 125,000New contract, July 2012: AED 98,000 a yearRenewal, January 2015: AED 130,000 a yearNew contract, February 2016: AED 130,000 a yearNew contract, February 2017: AED 130,000 a yearNew contract, September 2017: AED 115,000 a yearRenewal, September 2018: AED 115,000 a yearRenewal, September 2019: AED 105,000 a yearRenewal, September 2021: AED 90,000 a yearNew contract, September 2022: AED 103,000 a yearRenewal, September 2023: AED 103,000 a yearRenewal, September 2024: AED 113,300 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Ghozlan 4, and where 218 sits

All 31 2-beds →

218 last sold in March 2009 at AED 1,088 per sqft, in line with what two-beds in Al Ghozlan 4 were fetching at the time (AED 1,070). Over the last 12 months two-beds sold for AED 2,150,000, around AED 1,637 per sqft, and rent for AED 90,000 to 138,082 a year. 218's AED 113,300 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Dec 20252,150,000
15 May 20252,300,000
4 Mar 20252,250,000
16 Jan 20251,714,000
1 2-bed sale in the last 12 months

Al Ghozlan 4

Building

118 apartments, studios to 2-bed over 7 floors in The Greens. 2 sold in the last 12 months.

Typical price per sqft
AED 1,746
Typical sale
AED 1.78M
Typical rent
AED 90K /yr
Typical yield
6.1%
Al Ghozlan 4, The Greens: prices, sales and rents →

Other units on the 2nd floor

All 118 units in Al Ghozlan 4
Value
2011-bedAED 844K · Oct 2008
2021-bedAED 1.05M · Jun 2011
2031-bedAED 1.28M · Jul 2025
2041-bedAED 1.24M · Jul 2025
2052-bedAED 1.83M · Sep 2016
2061-bedAED 1.15M · Nov 2016
2071-bedAED 1.08M · Mar 2023
1–7 of 20

218, Al Ghozlan 4 in numbers

  • Sold once: by the developer on 9 March 2009 for AED 1,405,888, or AED 1,088 per sqft.
  • Rented since July 2012 on 11 Ejari contracts, from AED 98,000 to AED 113,300 a year.
  • At AED 113,300 a year the gross yield on the 2009 price is 8.1%, before a service charge of about AED 21,500 a year (AED 16.62 per sqft).
  • Two-beds in Al Ghozlan 4 sold for AED 2,150,000–2,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,746 per sqft.

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 218, Al Ghozlan 4

What did unit 218 last sell for?

AED 1,405,888 on 9 March 2009, sold by the developer: AED 1,088 per sqft for 1,292 sqft. It is the only registered sale of the unit.

What is the rent for unit 218?

AED 113,300 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 103,000; the unit has been rented since July 2012.

How big is unit 218?

1,292 sqft (120.0 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower.

What is unit 218 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Ghozlan 4 sold for AED 2,150,000 to 2,150,000 in the last 12 months, around AED 1,637 per sqft.

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Mortgage on 218, Al Ghozlan 4

Starts from the last sale price (AED 1.41M, 9 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,405,888
Deposit, UAE resident (20%)
AED 281,178
Deposit, non-resident (40%)
AED 562,355
Monthly over 25 years at 3.7%
AED 5,752

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →