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1-bed · 788 sqftAl Alka 1, The Greens · 2nd floor

204, Al Alka 1

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 15 December 2026
Last soldAED 1.2M23 February 2015
Current rentAED 80K /yr15 December 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Al Alka 1

What is 204 worth today?

Last sold for AED 1,200,000 in 2015

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15 Dec 2026RentedRenewal
AED 80,000/yr12 months · AED 102 per sqft
15 Dec 2025RentedRenewal
AED 80,000/yr12 months · AED 102 per sqft
15 Dec 2024RentedRenewal
AED 78,000/yr12 months · AED 99 per sqft
14 Dec 2023RentedRenewal
AED 71,807/yr12 months · AED 91 per sqft
15 Dec 2022RentedNew contract
AED 70,000/yr12 months · AED 89 per sqft
10 Apr 2022RentedNew contract
AED 62,000/yr12 months · AED 79 per sqft
3 Aug 2021RentedRenewal
AED 55,000/yr12 months · AED 70 per sqft
3 Aug 2020RentedNew contract
AED 55,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 15 December 2026.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
2nd of 7
Parking
B-87
Service charge
AED 17,800 /yr
Last sold
AED 1.2M · February 2015
Building
Al Alka 1

About 204, Al Alka 1

204 is a one-bedroom apartment of 788 sqft on the 2nd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 23 February 2015 for AED 1,200,000, or AED 1,523 per sqft, 5% below the AED 1,607 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, renewed on 15 December 2026, is AED 80,000 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 17,800 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, November 2012: AED 906,200 (AED 1,150 per sqft)Sold, February 2015: AED 1,200,000 (AED 1,523 per sqft)

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

Rents
Unit 204, 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, February 2018: AED 85,000 a yearNew contract, February 2019: AED 75,000 a yearRenewal, February 2020: AED 75,000 a yearNew contract, August 2020: AED 55,000 a yearRenewal, August 2021: AED 55,000 a yearNew contract, April 2022: AED 62,000 a yearNew contract, December 2022: AED 70,000 a yearRenewal, December 2023: AED 71,807 a yearRenewal, December 2024: AED 78,000 a yearRenewal, December 2025: AED 80,000 a yearRenewal, December 2026: AED 80,000 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 204 sits

All 65 1-beds →

204 last sold in February 2015 at AED 1,523 per sqft, 5% below what one-beds in Al Alka 1 were fetching at the time (AED 1,607). 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. 204's AED 80,000 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 2nd floor

All 118 units in Al Alka 1
Value
2011-bedAED 780K · Jul 2022
2021-bedAED 695K · Feb 2022
2031-bedAED 1.2M · Feb 2016
2052-bedAED 2.55M · Sep 2026
2061-bedAED 1.04M · Jan 2017
2071-bedAED 1.04M · Nov 2023
2081-bedAED 1.07M · Sep 2024
1–7 of 20

204, Al Alka 1 in numbers

  • Sold twice: first on 6 November 2012 for AED 906,200, last on 23 February 2015 for AED 1,200,000 (AED 1,523 per sqft).
  • Rented since February 2018 on 11 Ejari contracts. The rent fell from AED 85,000 to AED 55,000 in 2021 and recovered to AED 80,000 by December 2026.
  • At AED 80,000 a year the gross yield on the 2015 price is 6.7%, before a service charge of about AED 17,800 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 15 December 2026.

Questions about 204, Al Alka 1

What did unit 204 last sell for?

AED 1,200,000 on 23 February 2015: AED 1,523 per sqft for 788 sqft. The unit has 2 registered sales; the first was AED 906,200 in November 2012.

What is the rent for unit 204?

AED 80,000 a year on the contract renewed on 15 December 2026. The previous contract, from December 2025, was AED 80,000; the unit has been rented since February 2018.

How big is unit 204?

788 sqft (73.2 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower.

What is unit 204 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 204, Al Alka 1

Starts from the last sale price (AED 1.2M, 23 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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