507, 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.
Property timeline for 507, Al Jaz 3
What is 507 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,815 sqft
- Floor
- 5th of 6
- Parking
- T3-B-05 , T3-B-06
- Service charge
- AED 29,500 /yr
- Last sold
- AED 700K · May 2008
- Building
- Al Jaz 3
About 507, Al Jaz 3
507 is a three-bedroom apartment of 1,815 sqft on the 5th floor of Al Jaz 3, a 6-storey tower in The Greens. The developer sold it on 20 May 2008 for AED 700,000, or AED 385 per sqft, 48% below the AED 735 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 160,000 a year: a gross yield of 22.9% on the 2008 price, before the service charge of about AED 29,500 a year.
Sales and rents for 507 over time
507 has sold once; the dashed line is the three-bed median of each year in the building.
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 507 sits
All 30 3-beds →507 last sold in May 2008 at AED 385 per sqft, 48% below what three-beds in Al Jaz 3 were fetching at the time (AED 735). 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. 507's AED 160,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202511 December 2025 | 1,471 sqft | 2,580,000 | 1,753 | ||
| 6 Jan 20256 January 2025 | 1,797 sqft | 3,075,000 | 1,711 | ||
| 30 Jul 202430 July 2024 | 1,482 sqft | 2,065,000 | 1,393 | ||
| 14 Aug 202314 August 2023 | 2,070 sqft | 2,460,000 | 1,188 |
Al Jaz 3
Building45 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%
Other units on the 5th floor
All 45 units in Al Jaz 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 508 | 3-bed | 1,815 sqft | AED 1.15MAED 1,150,000 · Apr 2015April 2015 | 160,000 /yr |
507, Al Jaz 3 in numbers
- Sold once: by the developer on 20 May 2008 for AED 700,000, or AED 385 per sqft.
- Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 140,000 to AED 117,000 in 2021 and recovered to AED 160,000 by July 2024.
- At AED 160,000 a year the gross yield on the 2008 price is 22.9%, before a service charge of about AED 29,500 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 1 July 2024.
Questions about 507, Al Jaz 3
What did unit 507 last sell for?
AED 700,000 on 20 May 2008, sold by the developer: AED 385 per sqft for 1,815 sqft. It is the only registered sale of the unit.
What is the rent for unit 507?
AED 160,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2022, was AED 127,000; the unit has been rented since August 2013.
How big is unit 507?
1,815 sqft (168.6 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower.
What is unit 507 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.
Selling 507? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 507, Al Jaz 3
Starts from the last sale price (AED 700K, 20 May 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →