Home
Dubai prices
About
Research
1-bed · 720 sqftAl Alka 1, The Greens · 2nd floor

208, Al Alka 1

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 1.07M2 September 2024
Current rentAED 68K /yr5 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 208

Property timeline for 208, Al Alka 1

What is 208 worth today?

Last sold for AED 1,070,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Sep 2024SoldReady
AED 1,070,000AED 1,486 per sqft
5 Jul 2024RentedRenewal
AED 67,760/yr12 months · AED 94 per sqft
5 Jul 2023RentedRenewal
AED 61,600/yr12 months · AED 85 per sqft
5 Jul 2022RentedNew contract
AED 56,000/yr12 months · AED 78 per sqft
1 Jul 2021RentedNew contract
AED 46,200/yr12 months · AED 64 per sqft
30 May 2020RentedNew contract
AED 48,000/yr12 months · AED 67 per sqft
25 May 2018RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
30 Mar 2017SoldReady
AED 1,100,000AED 1,528 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
2nd of 7
Parking
B-261
Service charge
AED 16,300 /yr
Last sold
AED 1.07M · September 2024
Building
Al Alka 1

About 208, Al Alka 1

208 is a one-bedroom apartment of 720 sqft on the 2nd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 2 September 2024 for AED 1,070,000, or AED 1,486 per sqft, 5% above the AED 1,421 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 5 July 2024, is AED 67,760 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 16,300 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, September 2012: AED 828,000 (AED 1,150 per sqft)Sold, March 2017: AED 1,100,000 (AED 1,528 per sqft)Sold, September 2024: AED 1,070,000 (AED 1,486 per sqft)

208 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 208, 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, May 2018: AED 70,000 a yearNew contract, May 2020: AED 48,000 a yearNew contract, July 2021: AED 46,200 a yearNew contract, July 2022: AED 56,000 a yearRenewal, July 2023: AED 61,600 a yearRenewal, July 2024: AED 67,760 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 208 sits

All 65 1-beds →

208 last sold in September 2024 at AED 1,486 per sqft, 5% above what one-beds in Al Alka 1 were fetching at the time (AED 1,421). 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. 208's AED 67,760 is at the bottom 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
2041-bedAED 1.2M · Feb 2015
2052-bedAED 2.55M · Sep 2026
2061-bedAED 1.04M · Jan 2017
2071-bedAED 1.04M · Nov 2023
1–7 of 20

208, Al Alka 1 in numbers

  • Sold 3 times: first on 2 September 2012 for AED 828,000, last on 2 September 2024 for AED 1,070,000 (AED 1,486 per sqft).
  • Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 46,200 in 2021 and recovered to AED 67,760 by July 2024.
  • At AED 67,760 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 16,300 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 2 September 2024.

Questions about 208, Al Alka 1

What did unit 208 last sell for?

AED 1,070,000 on 2 September 2024: AED 1,486 per sqft for 720 sqft. The unit has 3 registered sales; the first was AED 828,000 in September 2012.

What is the rent for unit 208?

AED 67,760 a year on the contract renewed on 5 July 2024. The previous contract, from July 2023, was AED 61,600; the unit has been rented since May 2018.

How big is unit 208?

720 sqft (66.9 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower.

What is unit 208 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.

Selling 208? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 208, Al Alka 1

Starts from the last sale price (AED 1.07M, 2 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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