3-bed · 1,813 sqftAl Jaz 3, The Greens · 4th floor

408, Al Jaz 3

Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 21 November 2025
Last soldAED 442K21 May 2008
Current rentAED 165K /yr21 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Al Jaz 3

What is 408 worth today?

Last sold for AED 441,900 in 2008

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21 Nov 2025RentedRenewal
AED 165,000/yr12 months · AED 91 per sqft
19 Nov 2024RentedRenewal
AED 165,000/yr12 months · AED 91 per sqft
19 Nov 2023RentedRenewal
AED 150,000/yr12 months · AED 83 per sqft
19 Nov 2022RentedRenewal
AED 140,000/yr12 months · AED 77 per sqft
19 Nov 2021RentedRenewal
AED 115,000/yr12 months · AED 64 per sqft
16 Oct 2013RentedNew contract
AED 175,000/yr12 months · AED 97 per sqft
21 May 2008Sold by developerReady
AED 441,900AED 243 per sqft

Source: Dubai Land Department. Updated 21 November 2025.

Key facts

Type
3-bed apartment
Size
1,813 sqft
Floor
4th of 6
Parking
T3-B-11 , T3-B-12
Service charge
AED 29,400 /yr
Last sold
AED 442K · May 2008
Building
Al Jaz 3

About 408, Al Jaz 3

408 is a three-bedroom apartment of 1,813 sqft on the 4th floor of Al Jaz 3, a 6-storey tower in The Greens. The developer sold it on 21 May 2008 for AED 441,900, or AED 243 per sqft, 63% below the AED 651 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 21 November 2025, is AED 165,000 a year: a gross yield of 37.3% on the 2008 price, before the service charge of about AED 29,400 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical three-bed in Al Jaz 3
1M2M20082011201420172020Typical sale price by year: 2008 AED 843,800; 2009 AED 675,300; 2010 AED 675,800; 2011 AED 1,000,000; 2013 AED 1,321,900; 2014 AED 2,210,530; 2016 AED 1,800,000; 2019 AED 1,390,000Sold by developer, May 2008: AED 441,900 (AED 243 per sqft)

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

Rents
Unit 408, each contractTypical three-bed in Al Jaz 3
100K150K2012201620202024Typical rent by year: 2012 AED 122,500; 2013 AED 135,000; 2014 AED 145,000; 2015 AED 157,500; 2016 AED 160,000; 2017 AED 155,000; 2018 AED 145,000; 2019 AED 116,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 132,500; 2024 AED 160,000; 2025 AED 180,000New contract, October 2013: AED 175,000 a yearRenewal, November 2021: AED 115,000 a yearRenewal, November 2022: AED 140,000 a yearRenewal, November 2023: AED 150,000 a yearRenewal, November 2024: AED 165,000 a yearRenewal, November 2025: AED 165,000 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 3, and where 408 sits

All 30 3-beds →

408 last sold in May 2008 at AED 243 per sqft, 63% below what three-beds in Al Jaz 3 were fetching at the time (AED 651). Over the last 12 months three-beds sold for AED 2,580,000, around AED 1,753 per sqft, and rent for AED 165,000 to 200,000 a year. 408's AED 165,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Dec 20252,580,000
6 Jan 20253,075,000
30 Jul 20242,065,000
14 Aug 20232,460,000
1 3-bed sale in the last 12 months

Al Jaz 3

Building

45 apartments, 2-bed to 4-bed over 6 floors in The Greens. 1 sold in the last 12 months.

Typical price per sqft
AED 1,753
Typical sale
AED 2.58M
Typical rent
AED 185K /yr
Typical yield
5.5%
Al Jaz 3, The Greens: prices, sales and rents →

Other units on the 4th floor

All 45 units in Al Jaz 3
Value
4073-bedAED 1.03M · Jul 2022

408, Al Jaz 3 in numbers

  • Sold once: by the developer on 21 May 2008 for AED 441,900, or AED 243 per sqft.
  • Rented since October 2013 on 6 Ejari contracts. The rent fell from AED 175,000 to AED 115,000 in 2021 and recovered to AED 165,000 by November 2025.
  • At AED 165,000 a year the gross yield on the 2008 price is 37.3%, before a service charge of about AED 29,400 a year (AED 16.24 per sqft).
  • Three-beds in Al Jaz 3 sold for AED 2,580,000–2,580,000 in the 12 months to November 2026; the building's median across all types is AED 1,753 per sqft.

Source: Dubai Land Department. Updated 21 November 2025.

Questions about 408, Al Jaz 3

What did unit 408 last sell for?

AED 441,900 on 21 May 2008, sold by the developer: AED 243 per sqft for 1,813 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 165,000 a year on the contract renewed on 21 November 2025. The previous contract, from November 2024, was AED 165,000; the unit has been rented since October 2013.

How big is unit 408?

1,813 sqft (168.4 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Jaz 3 sold for AED 2,580,000 to 2,580,000 in the last 12 months, around AED 1,753 per sqft.

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Mortgage on 408, Al Jaz 3

Starts from the last sale price (AED 442K, 21 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 441,900
Deposit, UAE resident (20%)
AED 88,380
Deposit, non-resident (40%)
AED 176,760
Monthly over 25 years at 3.7%
AED 1,808

Plus AED 21,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →