1-bed · 768 sqftAl Ghozlan 4, The Greens · 5th floor

516, Al Ghozlan 4

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

Unit 516 · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 870K21 May 2013
Current rentAED 80K /yr5 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Al Ghozlan 4

What is 516 worth today?

Last sold for AED 870,000 in 2013

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5 Jul 2024RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
3 Jun 2023RentedRenewal
AED 78,000/yr12 months · AED 102 per sqft
3 Jun 2022RentedRenewal
AED 58,000/yr12 months · AED 76 per sqft
1 Mar 2015RentedNew contract
AED 90,000/yr6 months · AED 118 per sqft
23 Feb 2014RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
21 May 2013SoldReady
AED 870,000AED 1,133 per sqft
23 Feb 2013RentedNew contract
AED 54,000/yr12 months · AED 71 per sqft
1 Feb 2009Sold by developerReady
AED 435,961AED 567 per sqft

Source: Dubai Land Department. Updated 5 July 2024.

Key facts

Type
1-bed apartment
Size
768 sqft
Floor
5th of 7
Parking
410.
Service charge
AED 12,800 /yr
Last sold
AED 870K · May 2013
Building
Al Ghozlan 4

About 516, Al Ghozlan 4

516 is a one-bedroom apartment of 768 sqft on the 5th floor of Al Ghozlan 4, a 7-storey tower in The Greens. It last sold on 21 May 2013 for AED 870,000, or AED 1,133 per sqft, 4% above the AED 1,091 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 5 July 2024, is AED 80,000 a year: a gross yield of 9.2% on the 2013 price, before the service charge of about AED 12,800 a year.

Sales and rents for 516 over time

Sales
Unit 516, 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, February 2009: AED 435,961 (AED 567 per sqft)Sold, May 2013: AED 870,000 (AED 1,133 per sqft)

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

Rents
Unit 516, 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, February 2013: AED 54,000 a yearNew contract, February 2014: AED 70,000 a yearNew contract, March 2015: AED 90,000 a yearRenewal, June 2022: AED 58,000 a yearRenewal, June 2023: AED 78,000 a yearNew contract, July 2024: AED 80,000 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 516 sits

All 60 1-beds →

516 last sold in May 2013 at AED 1,133 per sqft, 4% above what one-beds in Al Ghozlan 4 were fetching at the time (AED 1,091). 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. 516's AED 80,000 is in the lower half 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 5th floor

All 118 units in Al Ghozlan 4
Value
5151-bedAED 1.3M · Jun 2024
5172-bedAED 979K · Jul 2008
5182-bedAED 1.62M · Nov 2017
5192-bedAED 2.15M · Dec 2025

516, Al Ghozlan 4 in numbers

  • Sold twice: first on 1 February 2009 for AED 435,961, last on 21 May 2013 for AED 870,000 (AED 1,133 per sqft).
  • Rented since February 2013 on 6 Ejari contracts, from AED 54,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2013 price is 9.2%, before a service charge of about AED 12,800 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: Dubai Land Department. Updated 5 July 2024.

Questions about 516, Al Ghozlan 4

What did unit 516 last sell for?

AED 870,000 on 21 May 2013: AED 1,133 per sqft for 768 sqft. The unit has 2 registered sales; the first was AED 435,961 in February 2009.

What is the rent for unit 516?

AED 80,000 a year on the contract signed on 5 July 2024. The previous contract, from June 2023, was AED 78,000; the unit has been rented since February 2013.

How big is unit 516?

768 sqft (71.3 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 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 516, Al Ghozlan 4

Starts from the last sale price (AED 870K, 21 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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