115, Al Alka 1
Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 115, Al Alka 1
What is 115 worth today?
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Source: Dubai Land Department. Updated 25 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 724 sqft
- Floor
- 1st of 7
- Parking
- B-56
- Service charge
- AED 16,400 /yr
- Last sold
- AED 950K · July 2017
- Building
- Al Alka 1
About 115, Al Alka 1
115 is a one-bedroom apartment of 724 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 1,311 per sqft, 5% below the AED 1,375 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 25 July 2026, is AED 69,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 16,400 a year.
Sales and rents for 115 over time
115 has sold twice; the dashed line is the one-bed median of each year in the building.
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 115 sits
All 65 1-beds →115 last sold in July 2017 at AED 1,311 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. 115's AED 69,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 729 sqft | 1,175,000 | 1,611 | ||
| 9 Sep 20269 September 2026 | 788 sqft | 1,200,000 | 1,522 | ||
| 26 Jun 202626 June 2026 | 726 sqft | 1,250,000 | 1,721 | ||
| 26 Mar 202626 March 2026 | 729 sqft | 1,450,000 | 1,988 |
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 1st floor
All 118 units in Al Alka 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 791 sqft | AED 1.2MAED 1,200,000 · Oct 2013October 2013 | 78,190 /yr | |
| 102 | 1-bed | 789 sqft | AED 907KAED 907,350 · Sep 2012September 2012 | 90,000 /yr | |
| 103 | 1-bed | 788 sqft | AED 1.12MAED 1,120,000 · Apr 2024April 2024 | 70,000 /yr | |
| 104 | 1-bed | 788 sqft | AED 1MAED 1,000,000 · Jan 2024January 2024 | 65,000 /yr | |
| 105 | 2-bed | 1,389 sqft | AED 1.02MAED 1,020,000 · Nov 2020November 2020 | 140,000 /yr | |
| 106 | 1-bed | 723 sqft | AED 831KAED 831,450 · Sep 2012September 2012 | 120,000 /yr | |
| 107 | 1-bed | 720 sqft | AED 1.52MAED 1,520,000 · May 2025May 2025 | 120,000 /yr | |
| 108 | 1-bed | 720 sqft | AED 980KAED 980,000 · Nov 2015November 2015 | 95,000 /yr | |
| 109 | 1-bed | 721 sqft | AED 865KAED 865,200 · Nov 2012November 2012 | 80,000 /yr | |
| 110 | 1-bed | 720 sqft | AED 1.17MAED 1,165,000 · Nov 2024November 2024 | 52,000 /yr | |
| 111 | 2-bed | 1,015 sqft | AED 1.38MAED 1,380,000 · Feb 2024February 2024 | 160,000 /yr | |
| 114 | 1-bed | 726 sqft | AED 950KAED 950,000 · Jul 2017July 2017 | 70,000 /yr | |
| 116 | 1-bed | 729 sqft | AED 1.45MAED 1,450,000 · Mar 2026March 2026 | 85,000 /yr | |
| 117 | 2-bed | 1,439 sqft | AED 1.23MAED 1,227,000 · Aug 2018August 2018 | 119,337 /yr | |
| 118 | 2-bed | 1,249 sqft | AED 2MAED 2,000,000 · Mar 2025March 2025 | 165,600 /yr | |
| 119 | 2-bed | 1,278 sqft | AED 1.27MAED 1,270,000 · Jan 2022January 2022 | 67,000 /yr | |
| 112A | Studio | 444 sqft | AED 885KAED 885,000 · Feb 2026February 2026 | 80,000 /yr | |
| 112B | Studio | 438 sqft | AED 660KAED 660,000 · Mar 2013March 2013 | 45,000 /yr | |
| 113A | Studio | 438 sqft | AED 565KAED 565,000 · Aug 2012August 2012 | 70,000 /yr | |
| 113B | Studio | 448 sqft | AED 825KAED 825,000 · Jul 2026July 2026 | 64,000 /yr |
115, Al Alka 1 in numbers
- Sold twice: first on 26 March 2013 for AED 868,800, last on 2 July 2017 for AED 950,000 (AED 1,311 per sqft).
- Rented since April 2016 on 10 Ejari contracts. The rent fell from AED 97,000 to AED 40,000 in 2020 and recovered to AED 69,000 by July 2026.
- At AED 69,000 a year the gross yield on the 2017 price is 7.3%, 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 25 July 2026.
Questions about 115, Al Alka 1
What did unit 115 last sell for?
AED 950,000 on 2 July 2017: AED 1,311 per sqft for 724 sqft. The unit has 2 registered sales; the first was AED 868,800 in March 2013.
What is the rent for unit 115?
AED 69,000 a year on the contract signed on 25 July 2026. The previous contract, from March 2025, was AED 80,000; the unit has been rented since April 2016.
How big is unit 115?
724 sqft (67.3 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.
What is unit 115 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 115, 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 →