012B, Al Alka 1
Sold prices and rental history: sold twice, last in November 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 012B, Al Alka 1
What is 012B worth today?
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Source: Dubai Land Department. Updated 28 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 460 sqft
- Floor
- Ground of 7
- Parking
- B-249
- Service charge
- AED 10,400 /yr
- Last sold
- AED 575K · November 2012
- Building
- Al Alka 1
About 012B, Al Alka 1
012B is a studio of 460 sqft on the ground floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 29 November 2012 for AED 575,000, or AED 1,250 per sqft, 9% above the AED 1,151 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 28 November 2025, is AED 68,000 a year: a gross yield of 11.8% on the 2012 price, before the service charge of about AED 10,400 a year.
Sales and rents for 012B over time
012B 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 012B sits
All 20 studios →012B last sold in November 2012 at AED 1,250 per sqft, 9% above what studios in Al Alka 1 were fetching at the time (AED 1,151). 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. 012B's AED 68,000 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 | ||
| 15 Jan 202415 January 2024 | 444 sqft | 510,000 | 1,147 |
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 | |
| 012A | Studio | 444 sqft | AED 510KAED 510,000 · Jan 2024January 2024 | 64,000 /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 |
012B, Al Alka 1 in numbers
- Sold twice: first on 12 August 2012 for AED 529,000, last on 29 November 2012 for AED 575,000 (AED 1,250 per sqft).
- Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 32,000 in 2020 and recovered to AED 68,000 by November 2025.
- At AED 68,000 a year the gross yield on the 2012 price is 11.8%, before a service charge of about AED 10,400 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 28 November 2025.
Questions about 012B, Al Alka 1
What did unit 012B last sell for?
AED 575,000 on 29 November 2012: AED 1,250 per sqft for 460 sqft. The unit has 2 registered sales; the first was AED 529,000 in August 2012.
What is the rent for unit 012B?
AED 68,000 a year on the contract signed on 28 November 2025. The previous contract, from October 2024, was AED 55,000; the unit has been rented since December 2017.
How big is unit 012B?
460 sqft (42.7 sqm): a studio on the ground floor of a 7-storey tower.
What is unit 012B 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 012B, Al Alka 1
Starts from the last sale price (AED 575K, 29 November 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 575,000
- Deposit, UAE resident (20%)
- AED 115,000
- Deposit, non-resident (40%)
- AED 230,000
- Monthly over 25 years at 3.7%
- AED 2,353
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →