Studio · 448 sqftAl Alka 1, The Greens · 2nd floor

213B, Al Alka 1

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 213B · DLD and Ejari recordsUpdated 25 June 2022
Last soldAED 560K9 October 2012
Current rentAED 44K /yr25 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 213B, Al Alka 1

What is 213B worth today?

Last sold for AED 560,000 in 2012

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25 Jun 2022RentedRenewal
AED 44,000/yr12 months · AED 97 per sqft
25 Jun 2021RentedRenewal
AED 38,000/yr12 months · AED 84 per sqft
25 Jun 2020RentedNew contract
AED 36,000/yr12 months · AED 80 per sqft
5 Mar 2020RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
9 Oct 2012Sold by developerReady
AED 560,000AED 1,251 per sqft

Source: Dubai Land Department. Updated 25 June 2022.

Key facts

Type
Studio apartment
Size
448 sqft
Floor
2nd of 7
Parking
B-239
Service charge
AED 10,100 /yr
Last sold
AED 560K · October 2012
Building
Al Alka 1

About 213B, Al Alka 1

213B is a studio of 448 sqft on the 2nd floor of Al Alka 1, a 7-storey tower in The Greens. The developer sold it on 9 October 2012 for AED 560,000, or AED 1,251 per sqft, 9% above the AED 1,150 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 25 June 2022, is AED 44,000 a year: a gross yield of 7.9% on the 2012 price, before the service charge of about AED 10,100 a year.

Sales and rents for 213B over time

Sales
Unit 213B, each saleTypical studio in Al Alka 1
600K800K201220142016Typical sale price by year: 2012 AED 523,520; 2013 AED 655,000; 2015 AED 780,000; 2016 AED 725,000Sold by developer, October 2012: AED 560,000 (AED 1,251 per sqft)

213B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 213B, each contractTypical studio in Al Alka 1
40K60K80K20152018202120242027Typical rent by year: 2015 AED 74,000; 2016 AED 70,000; 2017 AED 60,000; 2018 AED 51,000; 2019 AED 45,000; 2020 AED 36,000; 2021 AED 36,000; 2022 AED 44,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 62,326; 2026 AED 57,375New contract, March 2020: AED 60,000 a yearNew contract, June 2020: AED 36,000 a yearRenewal, June 2021: AED 38,000 a yearRenewal, June 2022: AED 44,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Alka 1, and where 213B sits

All 20 studios →

213B last sold in October 2012 at AED 1,251 per sqft, 9% above what studios in Al Alka 1 were fetching at the time (AED 1,150). Over the last 12 months studios sold for AED 825,000 to 885,000, around AED 1,919 per sqft, and rent for AED 45,000 to 80,000 a year. 213B's AED 44,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
31 Jul 2026825,000
12 Feb 2026885,000
30 Apr 2025865,000
15 Jan 2024510,000
2 studio 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

213B, Al Alka 1 in numbers

  • Sold once: by the developer on 9 October 2012 for AED 560,000, or AED 1,251 per sqft.
  • Rented since March 2020 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 36,000 in 2020 and recovered to AED 44,000 by June 2022.
  • At AED 44,000 a year the gross yield on the 2012 price is 7.9%, before a service charge of about AED 10,100 a year (AED 22.63 per sqft).
  • Studios in Al Alka 1 sold for AED 825,000–885,000 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 June 2022.

Questions about 213B, Al Alka 1

What did unit 213B last sell for?

AED 560,000 on 9 October 2012, sold by the developer: AED 1,251 per sqft for 448 sqft. It is the only registered sale of the unit.

What is the rent for unit 213B?

AED 44,000 a year on the contract renewed on 25 June 2022. The previous contract, from June 2021, was AED 38,000; the unit has been rented since March 2020.

How big is unit 213B?

448 sqft (41.6 sqm): a studio on the 2nd floor of a 7-storey tower.

What is unit 213B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Alka 1 sold for AED 825,000 to 885,000 in the last 12 months, around AED 1,919 per sqft.

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Mortgage on 213B, Al Alka 1

Starts from the last sale price (AED 560K, 9 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

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