1-bed · 758 sqftAl Ghozlan 4, The Greens · 3rd floor

308, Al Ghozlan 4

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 1.07M27 May 2024
Current rentAED 68K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Al Ghozlan 4

What is 308 worth today?

Last sold for AED 1,065,000 in 2024

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27 May 2024SoldReady
AED 1,065,000AED 1,404 per sqft
1 Nov 2023RentedRenewal
AED 68,250/yr12 months · AED 90 per sqft
1 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 86 per sqft
11 Oct 2021RentedNew contract
AED 42,000/yr12 months · AED 56 per sqft
1 Apr 2021RentedRenewal
AED 42,000/yr12 months · AED 56 per sqft
1 Apr 2020RentedRenewal
AED 52,000/yr12 months · AED 69 per sqft
1 Apr 2019RentedRenewal
AED 63,000/yr12 months · AED 84 per sqft
1 Apr 2018RentedNew contract
AED 68,000/yr12 months · AED 90 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 May 2024.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
3rd of 7
Parking
292.
Service charge
AED 12,600 /yr
Last sold
AED 1.07M · May 2024
Building
Al Ghozlan 4

About 308, Al Ghozlan 4

308 is a one-bedroom apartment of 758 sqft on the 3rd floor of Al Ghozlan 4, a 7-storey tower in The Greens. It last sold on 27 May 2024 for AED 1,065,000, or AED 1,404 per sqft, 6% above the AED 1,325 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 68,250 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 12,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Al Ghozlan 4
500K1M2008201320182023Typical sale price by year: 2008 AED 906,888; 2009 AED 790,999; 2010 AED 482,378; 2011 AED 545,000; 2012 AED 565,092; 2013 AED 903,000; 2014 AED 1,175,000; 2015 AED 1,000,000; 2016 AED 976,714; 2017 AED 1,035,000; 2018 AED 890,000; 2021 AED 720,000; 2022 AED 695,543; 2023 AED 1,000,000; 2024 AED 1,100,000; 2025 AED 1,335,000Sold by developer, September 2009: AED 432,081 (AED 569 per sqft)Sold, April 2013: AED 845,000 (AED 1,114 per sqft)Sold, May 2024: AED 1,065,000 (AED 1,404 per sqft)

308 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 308, each contractTypical one-bed in Al Ghozlan 4
50K100K2012201620202024Typical rent by year: 2012 AED 67,500; 2013 AED 66,500; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 83,000; 2017 AED 76,000; 2018 AED 71,000; 2019 AED 63,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 52,900; 2023 AED 63,800; 2024 AED 77,000; 2025 AED 82,000; 2026 AED 107,500New contract, April 2013: AED 70,000 a yearNew contract, May 2016: AED 72,000 a yearNew contract, June 2017: AED 75,000 a yearNew contract, April 2018: AED 68,000 a yearRenewal, April 2019: AED 63,000 a yearRenewal, April 2020: AED 52,000 a yearRenewal, April 2021: AED 42,000 a yearNew contract, October 2021: AED 42,000 a yearNew contract, November 2022: AED 65,000 a yearRenewal, November 2023: AED 68,250 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 4, and where 308 sits

All 60 1-beds →

308 last sold in May 2024 at AED 1,404 per sqft, 6% above what one-beds in Al Ghozlan 4 were fetching at the time (AED 1,325). Over the last 12 months one-beds sold for AED 1,400,000, around AED 1,854 per sqft, and rent for AED 73,371 to 130,000 a year. 308's AED 68,250 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jan 20261,400,000
15 Jul 20251,240,000
10 Jul 20251,280,000
8 Jul 20251,760,000
1 1-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
3052-bedAED 1.5M · May 2011
3061-bedAED 1.12M · Aug 2023
3071-bedAED 1.04M · Jul 2017
1–7 of 20

308, Al Ghozlan 4 in numbers

  • Sold 3 times: first on 13 September 2009 for AED 432,081, last on 27 May 2024 for AED 1,065,000 (AED 1,404 per sqft).
  • Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 70,000 to AED 42,000 in 2021 and recovered to AED 68,250 by November 2023.
  • At AED 68,250 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 12,600 a year (AED 16.62 per sqft).
  • One-beds in Al Ghozlan 4 sold for AED 1,400,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,746 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 27 May 2024.

Questions about 308, Al Ghozlan 4

What did unit 308 last sell for?

AED 1,065,000 on 27 May 2024: AED 1,404 per sqft for 758 sqft. The unit has 3 registered sales; the first was AED 432,081 in September 2009.

What is the rent for unit 308?

AED 68,250 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 65,000; the unit has been rented since April 2013.

How big is unit 308?

758 sqft (70.4 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 308 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 4 sold for AED 1,400,000 to 1,400,000 in the last 12 months, around AED 1,854 per sqft.

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Mortgage on 308, Al Ghozlan 4

Starts from the last sale price (AED 1.07M, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,065,000
Deposit, UAE resident (20%)
AED 213,000
Deposit, non-resident (40%)
AED 426,000
Monthly over 25 years at 3.7%
AED 4,357

Plus AED 49,740 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →