012A, Al Alka 1
Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 012A, Al Alka 1
What is 012A worth today?
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Source: Dubai Land Department. Updated 24 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 444 sqft
- Floor
- Ground of 7
- Parking
- B-250
- Service charge
- AED 10,100 /yr
- Last sold
- AED 510K · January 2024
- Building
- Al Alka 1
About 012A, Al Alka 1
012A is a studio of 444 sqft on the ground floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 15 January 2024 for AED 510,000, or AED 1,147 per sqft.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 24 February 2026, is AED 64,000 a year: a gross yield of 12.6% on the 2024 price, before the service charge of about AED 10,100 a year.
Sales and rents for 012A over time
012A has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Alka 1, and where 012A sits
All 20 studios →Over the last 12 months studios sold for AED 825,000 to 885,000, around AED 1,919 per sqft, and rent for AED 45,000 to 80,000 a year. 012A's AED 64,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Jul 202631 July 2026 | 448 sqft | 825,000 | 1,843 | ||
| 12 Feb 202612 February 2026 | 444 sqft | 885,000 | 1,994 | ||
| 30 Apr 202530 April 2025 | 438 sqft | 865,000 | 1,976 | ||
| 3 May 20183 May 2018 | 444 sqft | 665,000 | 1,498 |
Al Alka 1
Building118 apartments, studios to 2-bed over 7 floors in The Greens. 18 sold in the last 12 months.
- Typical price per sqft
- AED 1,732 Up 2.7%
- Typical sale
- AED 1.43M
- Typical rent
- AED 82K /yr
- Typical yield
- 6.6%
Other units on the ground floor
All 118 units in Al Alka 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 001 | 1-bed | 1,061 sqft | AED 1.4MAED 1,400,000 · Dec 2025December 2025 | 135,000 /yr | |
| 002 | 1-bed | 1,077 sqft | AED 1.23MAED 1,225,000 · Sep 2024September 2024 | 69,000 /yr | |
| 003 | 1-bed | 1,077 sqft | AED 1.7MAED 1,700,000 · Nov 2025November 2025 | 105,000 /yr | |
| 004 | 1-bed | 1,076 sqft | AED 1.18MAED 1,183,600 · Feb 2013February 2013 | 95,000 /yr | |
| 005 | 2-bed | 2,320 sqft | AED 2.28MAED 2,280,000 · Oct 2024October 2024 | 130,001 /yr | |
| 006 | 1-bed | 724 sqft | AED 1.2MAED 1,200,000 · Jun 2024June 2024 | 60,000 /yr | |
| 007 | 1-bed | 724 sqft | AED 1.02MAED 1,015,000 · Oct 2016October 2016 | 66,000 /yr | |
| 008 | 1-bed | 724 sqft | AED 871KAED 871,200 · Feb 2013February 2013 | 74,000 /yr | |
| 009 | 1-bed | 724 sqft | AED 950KAED 950,000 · Jun 2013June 2013 | 80,000 /yr | |
| 010 | 1-bed | 724 sqft | AED 1.02MAED 1,015,000 · Sep 2017September 2017 | 85,000 /yr | |
| 011 | 2-bed | 1,003 sqft | AED 1.45MAED 1,450,000 · Sep 2013September 2013 | 96,800 /yr | |
| 015 | 1-bed | 902 sqft | AED 400KAED 400,000 · Feb 2019February 2019 | 75,000 /yr | |
| 016 | 1-bed | 908 sqft | AED 1.1MAED 1,100,000 · Jul 2025July 2025 | 85,000 /yr | |
| 018 | 2-bed | 2,414 sqft | AED 2.04MAED 2,035,000 · Apr 2017April 2017 | 115,250 /yr | |
| 019 | 2-bed | 1,970 sqft | AED 2.28MAED 2,275,000 · Dec 2025December 2025 | 130,000 /yr | |
| 012B | Studio | 460 sqft | AED 575KAED 575,000 · Nov 2012November 2012 | 68,000 /yr | |
| 013A | Studio | 460 sqft | AED 780KAED 780,000 · Apr 2015April 2015 | 53,000 /yr | |
| 013B | Studio | 455 sqft | AED 575KAED 575,000 · Nov 2012November 2012 | 57,750 /yr |
012A, Al Alka 1 in numbers
- Sold twice: first on 30 August 2012 for AED 510,600, last on 15 January 2024 for AED 510,000 (AED 1,147 per sqft).
- Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 39,000 to AED 32,000 in 2021 and recovered to AED 64,000 by February 2026.
- At AED 64,000 a year the gross yield on the 2024 price is 12.6%, before a service charge of about AED 10,100 a year (AED 22.63 per sqft).
- Studios in Al Alka 1 sold for AED 825,000–885,000 in the 12 months to November 2026; the building's median across all types is AED 1,732 per sqft.
Source: Dubai Land Department. Updated 24 February 2026.
Questions about 012A, Al Alka 1
What did unit 012A last sell for?
AED 510,000 on 15 January 2024: AED 1,147 per sqft for 444 sqft. The unit has 2 registered sales; the first was AED 510,600 in August 2012.
What is the rent for unit 012A?
AED 64,000 a year on the contract renewed on 24 February 2026. The previous contract, from February 2025, was AED 64,000; the unit has been rented since August 2019.
How big is unit 012A?
444 sqft (41.2 sqm): a studio on the ground floor of a 7-storey tower.
What is unit 012A worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Alka 1 sold for AED 825,000 to 885,000 in the last 12 months, around AED 1,919 per sqft.
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Mortgage on 012A, Al Alka 1
Starts from the last sale price (AED 510K, 15 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 510,000
- Deposit, UAE resident (20%)
- AED 102,000
- Deposit, non-resident (40%)
- AED 204,000
- Monthly over 25 years at 3.7%
- AED 2,087
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →