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3-bed · 1,653 sqftAl Jaz 2, The Greens · 3rd floor

305, Al Jaz 2

Sold prices and rental history: sold twice, last in August 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 29 August 2016
Last soldAED 1.81M29 August 2016
Current rentAED 158K /yr10 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 305, Al Jaz 2

What is 305 worth today?

Last sold for AED 1,810,000 in 2016

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29 Aug 2016SoldReady
AED 1,810,000AED 1,094 per sqft
10 Mar 2016RentedRenewal
AED 157,500/yr12 months · AED 95 per sqft
10 Mar 2014RentedNew contract
AED 150,000/yr12 months · AED 90 per sqft
21 Jun 2011Sold by developerReady
AED 1,050,000AED 635 per sqft

Source: Dubai Land Department. Updated 29 August 2016.

Key facts

Type
3-bed apartment
Size
1,653 sqft
Floor
3rd of 6
Parking
T2-B-18
Service charge
AED 26,800 /yr
Last sold
AED 1.81M · August 2016
Building
Al Jaz 2

About 305, Al Jaz 2

305 is a three-bedroom apartment of 1,653 sqft on the 3rd floor of Al Jaz 2, a 6-storey tower in The Greens. It last sold on 29 August 2016 for AED 1,810,000, or AED 1,094 per sqft, 5% below the AED 1,154 three-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 10 March 2016, is AED 157,500 a year: a gross yield of 8.7% on the 2016 price, before the service charge of about AED 26,800 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, June 2011: AED 1,050,000 (AED 635 per sqft)Sold, August 2016: AED 1,810,000 (AED 1,094 per sqft)

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

Rents
Unit 305, 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 170,000New contract, March 2014: AED 150,000 a yearRenewal, March 2016: AED 157,500 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 305 sits

All 30 3-beds →

305 last sold in August 2016 at AED 1,094 per sqft, 5% below what three-beds in Al Jaz 2 were fetching at the time (AED 1,154).

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 3rd floor

All 45 units in Al Jaz 2
Value
3012-bedAED 1.65M · Jan 2018
3023-bedAED 2.6M · May 2025
3033-bedAED 1.3M · Feb 2021
3044-bedAED 2.19M · Feb 2023
3063-bedAED 1.6M · Apr 2018
3073-bedAED 874K · Jul 2007
3083-bedAED 874K · Oct 2008
1–7 of 9

305, Al Jaz 2 in numbers

  • Sold twice: first on 21 June 2011 for AED 1,050,000, last on 29 August 2016 for AED 1,810,000 (AED 1,094 per sqft).
  • Rented since March 2014 on 2 Ejari contracts, from AED 150,000 to AED 157,500 a year.
  • At AED 157,500 a year the gross yield on the 2016 price is 8.7%, before a service charge of about AED 26,800 a year (AED 16.24 per sqft).

Source: Dubai Land Department. Updated 29 August 2016.

Questions about 305, Al Jaz 2

What did unit 305 last sell for?

AED 1,810,000 on 29 August 2016: AED 1,094 per sqft for 1,653 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in June 2011.

What is the rent for unit 305?

AED 157,500 a year on the contract renewed on 10 March 2016. The previous contract, from March 2014, was AED 150,000.

How big is unit 305?

1,653 sqft (153.6 sqm): a three-bedroom apartment on the 3rd floor of a 6-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.

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Mortgage on 305, Al Jaz 2

Starts from the last sale price (AED 1.81M, 29 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,810,000
Deposit, UAE resident (20%)
AED 362,000
Deposit, non-resident (40%)
AED 724,000
Monthly over 25 years at 3.7%
AED 7,405

Plus AED 81,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →