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3-bed · 2,070 sqftAl Jaz 2, The Greens · 1st floor

108, Al Jaz 2

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 2.13M8 June 2023
Current rentAED 124K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Al Jaz 2

What is 108 worth today?

Last sold for AED 2,130,000 in 2023

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1 Nov 2023RentedNew contract
AED 123,500/yr8 months · AED 60 per sqft
8 Jun 2023SoldReady
AED 2,130,000AED 1,028 per sqft
1 Nov 2022RentedRenewal
AED 123,500/yr12 months · AED 60 per sqft
1 Nov 2021RentedRenewal
AED 117,500/yr12 months · AED 57 per sqft
1 Nov 2020RentedRenewal
AED 117,500/yr12 months · AED 57 per sqft
1 Nov 2019RentedRenewal
AED 135,000/yr12 months · AED 65 per sqft
1 Nov 2017RentedRenewal
AED 155,000/yr12 months · AED 75 per sqft
1 Nov 2016RentedRenewal
AED 155,000/yr12 months · AED 75 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2023.

Key facts

Type
3-bed apartment
Size
2,070 sqft
Floor
1st of 6
Parking
T2-B-59 , T2-B-60
Service charge
AED 33,600 /yr
Last sold
AED 2.13M · June 2023
Building
Al Jaz 2

About 108, Al Jaz 2

108 is a three-bedroom apartment of 2,070 sqft on the 1st floor of Al Jaz 2, a 6-storey tower in The Greens. It last sold on 8 June 2023 for AED 2,130,000, or AED 1,028 per sqft, in line with the AED 1,022 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 November 2023, is AED 123,500 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 33,600 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical three-bed in Al Jaz 2
1M2M2007201220172022Typical sale price by year: 2007 AED 678,800; 2008 AED 1,071,900; 2009 AED 843,800; 2010 AED 670,800; 2011 AED 1,030,000; 2013 AED 1,269,900; 2014 AED 2,325,000; 2017 AED 2,050,000; 2018 AED 1,600,000; 2021 AED 1,762,500; 2023 AED 2,200,000Sold by developer, August 2008: AED 1,340,000 (AED 647 per sqft)Sold, June 2023: AED 2,130,000 (AED 1,028 per sqft)

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

Rents
Unit 108, each contractTypical three-bed in Al Jaz 2
100K150K2013201720212025Typical rent by year: 2013 AED 138,000; 2014 AED 150,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 152,500; 2018 AED 132,500; 2019 AED 120,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 117,750; 2023 AED 131,250; 2024 AED 145,000; 2025 AED 170,000Renewal, November 2016: AED 155,000 a yearRenewal, November 2017: AED 155,000 a yearRenewal, November 2019: AED 135,000 a yearRenewal, November 2020: AED 117,500 a yearRenewal, November 2021: AED 117,500 a yearRenewal, November 2022: AED 123,500 a yearNew contract, November 2023: AED 123,500 a year

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

3-beds in Al Jaz 2, and where 108 sits

All 30 3-beds →

108 last sold in June 2023 at AED 1,028 per sqft, in line with what three-beds in Al Jaz 2 were fetching at the time (AED 1,022).

Recent 3-bed salesUnit no.Price (AED)Summary
27 May 20252,600,000
28 Nov 20243,600,000
22 Aug 20242,850,000
7 Dec 20232,200,000
0 3-bed sales in the last 12 months

Al Jaz 2

Building

45 apartments, 2-bed to 4-bed over 6 floors in The Greens. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 200K /yr
Typical yield
Al Jaz 2, The Greens: prices, sales and rents →

Other units on the 1st floor

All 45 units in Al Jaz 2
Value
1012-bedAED 1.8M · Jan 2017
1023-bedAED 925K · Mar 2017
1033-bedAED 683K · Oct 2013
1044-bedAED 1.9M · Aug 2012
1053-bedAED 318K · Sep 2007
1063-bedAED 636K · Aug 2010
1073-bedAED 1.78M · Oct 2021
1–7 of 9

108, Al Jaz 2 in numbers

  • Sold twice: first on 28 August 2008 for AED 1,340,000, last on 8 June 2023 for AED 2,130,000 (AED 1,028 per sqft).
  • Rented since November 2016 on 7 Ejari contracts, from AED 155,000 to AED 123,500 a year.
  • At AED 123,500 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 33,600 a year (AED 16.24 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2023.

Questions about 108, Al Jaz 2

What did unit 108 last sell for?

AED 2,130,000 on 8 June 2023: AED 1,028 per sqft for 2,070 sqft. The unit has 2 registered sales; the first was AED 1,340,000 in August 2008.

What is the rent for unit 108?

AED 123,500 a year on the contract signed on 1 November 2023. The previous contract, from November 2022, was AED 123,500; the unit has been rented since November 2016.

How big is unit 108?

2,070 sqft (192.3 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 108, Al Jaz 2

Starts from the last sale price (AED 2.13M, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,130,000
Deposit, UAE resident (20%)
AED 426,000
Deposit, non-resident (40%)
AED 852,000
Monthly over 25 years at 3.7%
AED 8,714

Plus AED 94,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →