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

308, Al Jaz 2

Sold prices and rental history: sold once, by the developer in October 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 8 February 2025
Last soldAED 874K29 October 2008
Current rentAED 170K /yr8 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Al Jaz 2

What is 308 worth today?

Last sold for AED 873,800 in 2008

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8 Feb 2025RentedRenewal
AED 170,000/yr12 months · AED 82 per sqft
8 Feb 2024RentedRenewal
AED 145,000/yr12 months · AED 70 per sqft
8 Feb 2023RentedRenewal
AED 145,000/yr12 months · AED 70 per sqft
8 Feb 2022RentedRenewal
AED 130,000/yr12 months · AED 63 per sqft
8 Feb 2021RentedRenewal
AED 130,000/yr12 months · AED 63 per sqft
8 Dec 2018RentedRenewal
AED 145,000/yr12 months · AED 70 per sqft
8 Dec 2017RentedRenewal
AED 155,000/yr12 months · AED 75 per sqft
8 Dec 2016RentedRenewal
AED 160,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 8 February 2025.

Key facts

Type
3-bed apartment
Size
2,070 sqft
Floor
3rd of 6
Parking
T2-B-46 , T2-B-47
Service charge
AED 33,600 /yr
Last sold
AED 874K · October 2008
Building
Al Jaz 2

About 308, Al Jaz 2

308 is a three-bedroom apartment of 2,070 sqft on the 3rd floor of Al Jaz 2, a 6-storey tower in The Greens. The developer sold it on 29 October 2008 for AED 873,800, or AED 422 per sqft, 19% below the AED 518 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 8 February 2025, is AED 170,000 a year: a gross yield of 19.5% on the 2008 price, before the service charge of about AED 33,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, October 2008: AED 873,800 (AED 422 per sqft)

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

Rents
Unit 308, each contractTypical three-bed in Al Jaz 2
100K150K2012201620202024Typical 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, December 2012: AED 150,000 a yearRenewal, December 2013: AED 150,000 a yearRenewal, December 2014: AED 160,000 a yearRenewal, December 2015: AED 160,000 a yearRenewal, December 2016: AED 160,000 a yearRenewal, December 2017: AED 155,000 a yearRenewal, December 2018: AED 145,000 a yearRenewal, February 2021: AED 130,000 a yearRenewal, February 2022: AED 130,000 a yearRenewal, February 2023: AED 145,000 a yearRenewal, February 2024: AED 145,000 a yearRenewal, February 2025: AED 170,000 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 308 sits

All 30 3-beds →

308 last sold in October 2008 at AED 422 per sqft, 19% below what three-beds in Al Jaz 2 were fetching at the time (AED 518).

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
3053-bedAED 1.81M · Aug 2016
3063-bedAED 1.6M · Apr 2018
3073-bedAED 874K · Jul 2007
1–7 of 9

308, Al Jaz 2 in numbers

  • Sold once: by the developer on 29 October 2008 for AED 873,800, or AED 422 per sqft.
  • Rented since December 2012 on 12 Ejari contracts. The rent fell from AED 150,000 to AED 130,000 in 2022 and recovered to AED 170,000 by February 2025.
  • At AED 170,000 a year the gross yield on the 2008 price is 19.5%, before a service charge of about AED 33,600 a year (AED 16.24 per sqft).

Source: Dubai Land Department. Updated 8 February 2025.

Questions about 308, Al Jaz 2

What did unit 308 last sell for?

AED 873,800 on 29 October 2008, sold by the developer: AED 422 per sqft for 2,070 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 170,000 a year on the contract renewed on 8 February 2025. The previous contract, from February 2024, was AED 145,000; the unit has been rented since December 2012.

How big is unit 308?

2,070 sqft (192.3 sqm): a three-bedroom apartment on the 3rd floor of a 6-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.

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Mortgage on 308, Al Jaz 2

Starts from the last sale price (AED 874K, 29 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 873,800
Deposit, UAE resident (20%)
AED 174,760
Deposit, non-resident (40%)
AED 349,520
Monthly over 25 years at 3.7%
AED 3,575

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