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1-bed · 726 sqftAl Alka 1, The Greens · 1st floor

114, Al Alka 1

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 950K2 July 2017
Current rentAED 70K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 114, Al Alka 1

What is 114 worth today?

Last sold for AED 950,000 in 2017

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1 Sep 2026RentedNew contract
AED 70,000/yr12 months · AED 96 per sqft
27 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 110 per sqft
16 Feb 2024RentedNew contract
AED 78,000/yr12 months · AED 107 per sqft
14 Jun 2022RentedRenewal
AED 55,200/yr12 months · AED 76 per sqft
14 Jun 2021RentedNew contract
AED 48,000/yr12 months · AED 66 per sqft
2 Jul 2017SoldReady
AED 950,000AED 1,308 per sqft
14 Jan 2017RentedNew contract
AED 92,000/yr12 months · AED 128 per sqft
7 Feb 2013Sold by developerReady
AED 868,800AED 1,196 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
726 sqft
Floor
1st of 7
Parking
B-55
Service charge
AED 16,400 /yr
Last sold
AED 950K · July 2017
Building
Al Alka 1

About 114, Al Alka 1

114 is a one-bedroom apartment of 726 sqft on the 1st floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 2 July 2017 for AED 950,000, or AED 1,308 per sqft, 5% below the AED 1,375 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 September 2026, is AED 70,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 16,400 a year.

Sales and rents for 114 over time

Sales
Unit 114, 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, February 2013: AED 868,800 (AED 1,196 per sqft)Sold, July 2017: AED 950,000 (AED 1,308 per sqft)

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

Rents
Unit 114, 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, January 2017: AED 92,000 a yearNew contract, June 2021: AED 48,000 a yearRenewal, June 2022: AED 55,200 a yearNew contract, February 2024: AED 78,000 a yearNew contract, March 2025: AED 80,000 a yearNew contract, September 2026: AED 70,000 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 114 sits

All 65 1-beds →

114 last sold in July 2017 at AED 1,308 per sqft, 5% below what one-beds in Al Alka 1 were fetching at the time (AED 1,375). 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. 114's AED 70,000 is in the lower 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
1061-bedAED 831K · Sep 2012
1071-bedAED 1.52M · May 2025
1–7 of 20

114, Al Alka 1 in numbers

  • Sold twice: first on 7 February 2013 for AED 868,800, last on 2 July 2017 for AED 950,000 (AED 1,308 per sqft).
  • Rented since January 2017 on 6 Ejari contracts. The rent fell from AED 92,000 to AED 48,000 in 2021 and recovered to AED 70,000 by September 2026.
  • At AED 70,000 a year the gross yield on the 2017 price is 7.4%, 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 1 September 2026.

Questions about 114, Al Alka 1

What did unit 114 last sell for?

AED 950,000 on 2 July 2017: AED 1,308 per sqft for 726 sqft. The unit has 2 registered sales; the first was AED 868,800 in February 2013.

What is the rent for unit 114?

AED 70,000 a year on the contract signed on 1 September 2026. The previous contract, from March 2025, was AED 80,000; the unit has been rented since January 2017.

How big is unit 114?

726 sqft (67.4 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 114 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 114, Al Alka 1

Starts from the last sale price (AED 950K, 2 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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