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2-bed · 1,278 sqftAl Alka 1, The Greens · 1st floor

119, Al Alka 1

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 119 · DLD and Ejari recordsUpdated 31 January 2022
Last soldAED 1.27M31 January 2022
Current rentAED 67K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 119, Al Alka 1

What is 119 worth today?

Last sold for AED 1,270,000 in 2022

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31 Jan 2022SoldReady
AED 1,270,000AED 993 per sqft
1 Dec 2020RentedNew contract
AED 67,000/yr12 months · AED 52 per sqft
10 Dec 2018RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
1 Feb 2018RentedNew contract
AED 135,000/yr12 months · AED 105 per sqft
18 Aug 2013RentedNew contract
AED 165,000/yr12 months · AED 129 per sqft
16 Sep 2012Sold by developerReady
AED 1,469,700AED 1,150 per sqft

Source: Dubai Land Department. Updated 31 January 2022.

Key facts

Type
2-bed apartment
Size
1,278 sqft
Floor
1st of 7
Parking
B-29
Service charge
AED 28,900 /yr
Last sold
AED 1.27M · January 2022
Building
Al Alka 1

About 119, Al Alka 1

119 is a two-bedroom apartment of 1,278 sqft on the 1st floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 31 January 2022 for AED 1,270,000, or AED 993 per sqft, 5% above the AED 946 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 December 2020, is AED 67,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 28,900 a year.

Sales and rents for 119 over time

Sales
Unit 119, 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 1,469,700 (AED 1,150 per sqft)Sold, January 2022: AED 1,270,000 (AED 993 per sqft)

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

Rents
Unit 119, each contractTypical two-bed in Al Alka 1
100K200K2013201720212025Typical 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, August 2013: AED 165,000 a yearNew contract, February 2018: AED 135,000 a yearNew contract, December 2018: AED 90,000 a yearNew contract, December 2020: AED 67,000 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 119 sits

All 33 2-beds →

119 last sold in January 2022 at AED 993 per sqft, 5% above what two-beds in Al Alka 1 were fetching at the time (AED 946). 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. 119's AED 67,000 is at the bottom 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

119, Al Alka 1 in numbers

  • Sold twice: first on 16 September 2012 for AED 1,469,700, last on 31 January 2022 for AED 1,270,000 (AED 993 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 165,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 28,900 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 31 January 2022.

Questions about 119, Al Alka 1

What did unit 119 last sell for?

AED 1,270,000 on 31 January 2022: AED 993 per sqft for 1,278 sqft. The unit has 2 registered sales; the first was AED 1,469,700 in September 2012.

What is the rent for unit 119?

AED 67,000 a year on the contract signed on 1 December 2020. The previous contract, from December 2018, was AED 90,000; the unit has been rented since August 2013.

How big is unit 119?

1,278 sqft (118.7 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 119 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 119, Al Alka 1

Starts from the last sale price (AED 1.27M, 31 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,270,000
Deposit, UAE resident (20%)
AED 254,000
Deposit, non-resident (40%)
AED 508,000
Monthly over 25 years at 3.7%
AED 5,196

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