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2-bed · 1,441 sqftAl Ghozlan 4, The Greens · 3rd floor

305, Al Ghozlan 4

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.5M11 May 2011
Current rentAED 130K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 305, Al Ghozlan 4

What is 305 worth today?

Last sold for AED 1,500,000 in 2011

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15 Aug 2024RentedRenewal
AED 130,000/yr12 months · AED 90 per sqft
15 Aug 2023RentedNew contract
AED 130,000/yr12 months · AED 90 per sqft
1 Aug 2022RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
21 Nov 2021RentedRenewal
AED 87,000/yr12 months · AED 60 per sqft
21 Nov 2020RentedRenewal
AED 87,000/yr12 months · AED 60 per sqft
21 Nov 2019RentedNew contract
AED 95,000/yr12 months · AED 66 per sqft
11 May 2011SoldReady
AED 1,500,000AED 1,040 per sqft
1 Jun 2009Sold by developerReady
AED 1,456,257AED 1,010 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
1,441 sqft
Floor
3rd of 7
Parking
238.
Service charge
AED 24,000 /yr
Last sold
AED 1.5M · May 2011
Building
Al Ghozlan 4

About 305, Al Ghozlan 4

305 is a two-bedroom apartment of 1,441 sqft on the 3rd floor of Al Ghozlan 4, a 7-storey tower in The Greens. It last sold on 11 May 2011 for AED 1,500,000, or AED 1,040 per sqft, 44% above the AED 724 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 130,000 a year: a gross yield of 8.7% on the 2011 price, before the service charge of about AED 24,000 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, June 2009: AED 1,456,257 (AED 1,010 per sqft)Sold, May 2011: AED 1,500,000 (AED 1,040 per sqft)

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

Rents
Unit 305, 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, November 2019: AED 95,000 a yearRenewal, November 2020: AED 87,000 a yearRenewal, November 2021: AED 87,000 a yearNew contract, August 2022: AED 100,000 a yearNew contract, August 2023: AED 130,000 a yearRenewal, August 2024: AED 130,000 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 305 sits

All 31 2-beds →

305 last sold in May 2011 at AED 1,040 per sqft, 44% above what two-beds in Al Ghozlan 4 were fetching at the time (AED 724). 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. 305's AED 130,000 is in the upper 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 3rd floor

All 118 units in Al Ghozlan 4
Value
3011-bedAED 447K · Sep 2009
3021-bedAED 1.25M · Sep 2014
3031-bedAED 880K · Nov 2012
304AED 961K · Jun 2008
3061-bedAED 1.12M · Aug 2023
3071-bedAED 1.04M · Jul 2017
3081-bedAED 1.07M · May 2024
1–7 of 20

305, Al Ghozlan 4 in numbers

  • Sold twice: first on 1 June 2009 for AED 1,456,257, last on 11 May 2011 for AED 1,500,000 (AED 1,040 per sqft).
  • Rented since November 2019 on 6 Ejari contracts, from AED 95,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2011 price is 8.7%, before a service charge of about AED 24,000 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 15 August 2024.

Questions about 305, Al Ghozlan 4

What did unit 305 last sell for?

AED 1,500,000 on 11 May 2011: AED 1,040 per sqft for 1,441 sqft. The unit has 2 registered sales; the first was AED 1,456,257 in June 2009.

What is the rent for unit 305?

AED 130,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 130,000; the unit has been rented since November 2019.

How big is unit 305?

1,441 sqft (133.9 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 305 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 305, Al Ghozlan 4

Starts from the last sale price (AED 1.5M, 11 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →