2-bed · 1,015 sqftAl Alka 1, The Greens · 1st floor

111, Al Alka 1

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 25 July 2026
Last soldAED 1.38M28 February 2024
Current rentAED 160K /yr25 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Al Alka 1

What is 111 worth today?

Last sold for AED 1,380,000 in 2024

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25 Jul 2026RentedNew contract
AED 160,000/yr12 months · AED 158 per sqft
25 Jul 2025RentedNew contract
AED 160,000/yr12 months · AED 158 per sqft
25 Jul 2025RentedNew contract
AED 160,000/yr12 months · AED 158 per sqft
28 Feb 2024SoldReady
AED 1,380,000AED 1,359 per sqft
1 Dec 2017RentedNew contract
AED 115,000/yr12 months · AED 114 per sqft
1 Feb 2016RentedNew contract
AED 134,102/yr12 months · AED 133 per sqft
2 Sep 2012Sold by developerReady
AED 1,167,250AED 1,149 per sqft

Source: Dubai Land Department. Updated 25 July 2026.

Key facts

Type
2-bed apartment
Size
1,015 sqft
Floor
1st of 7
Parking
B-73
Service charge
AED 23,000 /yr
Last sold
AED 1.38M · February 2024
Building
Al Alka 1

About 111, Al Alka 1

111 is a two-bedroom apartment of 1,015 sqft on the 1st floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 28 February 2024 for AED 1,380,000, or AED 1,359 per sqft.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 25 July 2026, is AED 160,000 a year: a gross yield of 11.6% on the 2024 price, before the service charge of about AED 23,000 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical two-bed in Al Alka 1
1M1.5M2M2012201620202024Typical sale price by year: 2012 AED 1,436,350; 2013 AED 1,640,000; 2017 AED 1,500,000; 2018 AED 1,227,000; 2019 AED 1,208,000; 2021 AED 1,160,000; 2022 AED 1,190,000; 2024 AED 1,675,000; 2026 AED 2,050,000Sold by developer, September 2012: AED 1,167,250 (AED 1,149 per sqft)Sold, February 2024: AED 1,380,000 (AED 1,359 per sqft)

111 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 111, each contractTypical two-bed in Al Alka 1
100K150K200K2013201720212025Typical rent by year: 2013 AED 157,500; 2014 AED 187,079; 2015 AED 185,657; 2016 AED 162,856; 2017 AED 141,138; 2018 AED 113,500; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 88,000; 2023 AED 98,700; 2024 AED 110,000; 2025 AED 125,000; 2026 AED 125,000New contract, February 2016: AED 134,102 a yearNew contract, December 2017: AED 115,000 a yearNew contract, July 2025: AED 160,000 a yearNew contract, July 2025: AED 160,000 a yearNew contract, July 2026: AED 160,000 a year

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

2-beds in Al Alka 1, and where 111 sits

All 33 2-beds →

Over the last 12 months two-beds sold for AED 1,830,000 to 2,550,000, around AED 1,692 per sqft, and rent for AED 70,000 to 165,000 a year. 111's AED 160,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Sep 20262,550,000
4 Jun 20261,940,000
24 Mar 20262,050,000
3 Mar 20262,225,000
6 2-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
1061-bedAED 831K · Sep 2012
1071-bedAED 1.52M · May 2025
1–7 of 20

111, Al Alka 1 in numbers

  • Sold twice: first on 2 September 2012 for AED 1,167,250, last on 28 February 2024 for AED 1,380,000 (AED 1,359 per sqft).
  • Rented since February 2016 on 5 Ejari contracts. The rent fell from AED 134,102 to AED 115,000 in 2017 and recovered to AED 160,000 by July 2026.
  • At AED 160,000 a year the gross yield on the 2024 price is 11.6%, before a service charge of about AED 23,000 a year (AED 22.63 per sqft).
  • Two-beds in Al Alka 1 sold for AED 1,830,000–2,550,000 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 25 July 2026.

Questions about 111, Al Alka 1

What did unit 111 last sell for?

AED 1,380,000 on 28 February 2024: AED 1,359 per sqft for 1,015 sqft. The unit has 2 registered sales; the first was AED 1,167,250 in September 2012.

What is the rent for unit 111?

AED 160,000 a year on the contract signed on 25 July 2026. The previous contract, from July 2025, was AED 160,000; the unit has been rented since February 2016.

How big is unit 111?

1,015 sqft (94.3 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Alka 1 sold for AED 1,830,000 to 2,550,000 in the last 12 months, around AED 1,692 per sqft.

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Mortgage on 111, Al Alka 1

Starts from the last sale price (AED 1.38M, 28 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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