Home
Dubai prices
About
Research
1-bed · 706 sqftAl Thayyal 2, The Greens · 4th floor

406, Al Thayyal 2

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 650K5 November 2008
Current rentAED 76K /yr11 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 406

Property timeline for 406, Al Thayyal 2

What is 406 worth today?

Last sold for AED 650,000 in 2008

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Oct 2024RentedNew contract
AED 76,000/yr12 months · AED 99 per sqft
4 Dec 2023RentedRenewal
AED 56,950/yr12 months · AED 75 per sqft
4 Dec 2022RentedNew contract
AED 53,000/yr12 months · AED 69 per sqft
4 Dec 2021RentedNew contract
AED 48,000/yr12 months · AED 63 per sqft
4 Dec 2020RentedRenewal
AED 48,000/yr12 months · AED 63 per sqft
4 Dec 2019RentedNew contract
AED 56,000/yr12 months · AED 73 per sqft
1 Nov 2015RentedNew contract
AED 84,765/yr12 months · AED 111 per sqft
5 Nov 2008Sold by developerReady
AED 650,000AED 849 per sqft

Source: Dubai Land Department. Updated 11 October 2024.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
4th of 7
Parking
112
Service charge
AED 10,200 /yr
Last sold
AED 650K · November 2008
Building
Al Thayyal 2

About 406, Al Thayyal 2

406 is a one-bedroom apartment of 706 sqft on the 4th floor of Al Thayyal 2, a 7-storey tower in The Greens. The developer sold it on 5 November 2008 for AED 650,000, or AED 849 per sqft, 5% below the AED 892 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 11 October 2024, is AED 76,000 a year: a gross yield of 11.7% on the 2008 price, before the service charge of about AED 10,200 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Al Thayyal 2
500K1M2007201220172022Typical sale price by year: 2007 AED 342,500; 2008 AED 740,000; 2009 AED 620,000; 2010 AED 620,000; 2011 AED 581,877; 2012 AED 680,000; 2013 AED 875,000; 2014 AED 1,110,000; 2015 AED 1,050,000; 2016 AED 1,080,000; 2018 AED 837,500; 2022 AED 740,000; 2023 AED 950,000; 2024 AED 1,110,000Sold by developer, November 2008: AED 650,000 (AED 849 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Al Thayyal 2
50K75K100K2012201620202024Typical rent by year: 2012 AED 58,000; 2013 AED 65,000; 2014 AED 84,000; 2015 AED 85,000; 2016 AED 83,500; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 60,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 55,000; 2023 AED 66,000; 2024 AED 75,000; 2025 AED 78,000; 2026 AED 95,000New contract, November 2015: AED 84,765 a yearNew contract, December 2019: AED 56,000 a yearRenewal, December 2020: AED 48,000 a yearNew contract, December 2021: AED 48,000 a yearNew contract, December 2022: AED 53,000 a yearRenewal, December 2023: AED 56,950 a yearNew contract, October 2024: AED 76,000 a year

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

1-beds in Al Thayyal 2, and where 406 sits

All 60 1-beds →

406 last sold in November 2008 at AED 849 per sqft, 5% below what one-beds in Al Thayyal 2 were fetching at the time (AED 892). Over the last 12 months one-beds sold for AED 1,150,000 to 1,330,000, around AED 1,515 per sqft, and rent for AED 82,000 to 120,000 a year. 406's AED 76,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jul 20251,200,000
13 Mar 20251,150,000
13 Dec 20241,125,000
12 Dec 20241,060,000
2 1-bed sales in the last 12 months

Al Thayyal 2

Building

118 apartments, studios to 2-bed over 7 floors in The Greens. 4 sold in the last 12 months.

Typical price per sqft
AED 1,663
Typical sale
AED 998K
Typical rent
AED 103K /yr
Typical yield
6.6%
Al Thayyal 2, The Greens: prices, sales and rents →

Other units on the 4th floor

All 118 units in Al Thayyal 2
Value
4011-bedAED 1.1M · Jul 2015
4021-bedAED 1.13M · Jul 2016
4031-bedAED 708K · May 2008
404AED 1.15M · Nov 2025
4052-bedAED 1.1M · Mar 2012
4071-bedAED 900K · Jun 2013
4081-bedAED 1.05M · Mar 2015
1–7 of 20

406, Al Thayyal 2 in numbers

  • Sold once: by the developer on 5 November 2008 for AED 650,000, or AED 849 per sqft.
  • Rented since November 2015 on 7 Ejari contracts. The rent fell from AED 84,765 to AED 48,000 in 2021 and recovered to AED 76,000 by October 2024.
  • At AED 76,000 a year the gross yield on the 2008 price is 11.7%, before a service charge of about AED 10,200 a year (AED 14.39 per sqft).
  • One-beds in Al Thayyal 2 sold for AED 1,150,000–1,330,000 in the 12 months to November 2026; the building's median across all types is AED 1,663 per sqft.

Source: Dubai Land Department. Updated 11 October 2024.

Questions about 406, Al Thayyal 2

What did unit 406 last sell for?

AED 650,000 on 5 November 2008, sold by the developer: AED 849 per sqft for 706 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 76,000 a year on the contract signed on 11 October 2024. The previous contract, from December 2023, was AED 56,950; the unit has been rented since November 2015.

How big is unit 406?

706 sqft (65.6 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Thayyal 2 sold for AED 1,150,000 to 1,330,000 in the last 12 months, around AED 1,515 per sqft.

Selling 406? 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.

How OpenOffers works

Mortgage on 406, Al Thayyal 2

Starts from the last sale price (AED 650K, 5 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →