1-bed · 723 sqftAl Alka 1, The Greens · 1st floor

106, Al Alka 1

Sold prices and rental history: sold once, by the developer in September 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 28 April 2025
Last soldAED 831K27 September 2012
Current rentAED 120K /yr28 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Al Alka 1

What is 106 worth today?

Last sold for AED 831,450 in 2012

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28 Apr 2025RentedNew contract
AED 120,000/yr12 months · AED 166 per sqft
28 Apr 2025RentedNew contract
AED 120,000/yr12 months · AED 166 per sqft
1 Sep 2023RentedNew contract
AED 85,000/yr12 months · AED 118 per sqft
15 Aug 2022RentedNew contract
AED 65,000/yr12 months · AED 90 per sqft
5 Jul 2021RentedNew contract
AED 55,000/yr12 months · AED 76 per sqft
7 Oct 2020RentedNew contract
AED 52,000/yr12 months · AED 72 per sqft
19 Dec 2018RentedRenewal
AED 81,429/yr7 months · AED 113 per sqft
19 Dec 2017RentedRenewal
AED 95,000/yr12 months · AED 132 per sqft

Source: Dubai Land Department. Updated 28 April 2025.

Key facts

Type
1-bed apartment
Size
723 sqft
Floor
1st of 7
Parking
B-97
Service charge
AED 16,400 /yr
Last sold
AED 831K · September 2012
Building
Al Alka 1

About 106, Al Alka 1

106 is a one-bedroom apartment of 723 sqft on the 1st floor of Al Alka 1, a 7-storey tower in The Greens. The developer sold it on 27 September 2012 for AED 831,450, or AED 1,149 per sqft, in line with the AED 1,149 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 28 April 2025, is AED 120,000 a year: a gross yield of 14.4% on the 2012 price, before the service charge of about AED 16,400 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in Al Alka 1
1M2012201620202024Typical sale price by year: 2012 AED 864,000; 2013 AED 960,000; 2014 AED 1,177,500; 2015 AED 1,137,500; 2016 AED 1,000,000; 2017 AED 1,040,000; 2018 AED 675,000; 2019 AED 725,000; 2021 AED 685,000; 2022 AED 780,000; 2023 AED 910,000; 2024 AED 1,100,000; 2025 AED 1,345,000; 2026 AED 1,320,000Sold by developer, September 2012: AED 831,450 (AED 1,149 per sqft)

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

Rents
Unit 106, each contractTypical one-bed in Al Alka 1
50K100K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 100,000; 2015 AED 120,000; 2016 AED 105,000; 2017 AED 92,000; 2018 AED 74,500; 2019 AED 65,500; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 59,600; 2023 AED 69,000; 2024 AED 73,500; 2025 AED 80,000; 2026 AED 80,000New contract, December 2015: AED 105,000 a yearRenewal, December 2016: AED 105,000 a yearRenewal, December 2017: AED 95,000 a yearRenewal, December 2018: AED 81,429 a yearNew contract, October 2020: AED 52,000 a yearNew contract, July 2021: AED 55,000 a yearNew contract, August 2022: AED 65,000 a yearNew contract, September 2023: AED 85,000 a yearNew contract, April 2025: AED 120,000 a yearNew contract, April 2025: AED 120,000 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 Alka 1, and where 106 sits

All 65 1-beds →

106 last sold in September 2012 at AED 1,149 per sqft, in line with what one-beds in Al Alka 1 were fetching at the time (AED 1,149). Over the last 12 months one-beds sold for AED 1,175,000 to 1,700,000, around AED 1,684 per sqft, and rent for AED 68,000 to 160,000 a year. 106's AED 120,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 20261,175,000
9 Sep 20261,200,000
26 Jun 20261,250,000
26 Mar 20261,450,000
10 1-bed sales in the last 12 months

Al Alka 1

Building

118 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%
Al Alka 1, The Greens: prices, sales and rents →

Other units on the 1st floor

All 118 units in Al Alka 1
Value
1011-bedAED 1.2M · Oct 2013
1021-bedAED 907K · Sep 2012
1031-bedAED 1.12M · Apr 2024
1041-bedAED 1M · Jan 2024
1052-bedAED 1.02M · Nov 2020
1071-bedAED 1.52M · May 2025
1081-bedAED 980K · Nov 2015
1–7 of 20

106, Al Alka 1 in numbers

  • Sold once: by the developer on 27 September 2012 for AED 831,450, or AED 1,149 per sqft.
  • Rented since December 2015 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 52,000 in 2020 and recovered to AED 120,000 by April 2025.
  • At AED 120,000 a year the gross yield on the 2012 price is 14.4%, before a service charge of about AED 16,400 a year (AED 22.63 per sqft).
  • One-beds in Al Alka 1 sold for AED 1,175,000–1,700,000 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 April 2025.

Questions about 106, Al Alka 1

What did unit 106 last sell for?

AED 831,450 on 27 September 2012, sold by the developer: AED 1,149 per sqft for 723 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 120,000 a year on the contract signed on 28 April 2025. The previous contract, from April 2025, was AED 120,000; the unit has been rented since December 2015.

How big is unit 106?

723 sqft (67.2 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Alka 1 sold for AED 1,175,000 to 1,700,000 in the last 12 months, around AED 1,684 per sqft.

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Mortgage on 106, Al Alka 1

Starts from the last sale price (AED 831K, 27 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 831,450
Deposit, UAE resident (20%)
AED 166,290
Deposit, non-resident (40%)
AED 332,580
Monthly over 25 years at 3.7%
AED 3,402

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →