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1-bed · 724 sqftAl Alka 1, The Greens · 2nd floor

215, Al Alka 1

Sold prices and rental history: sold 5 times, last in April 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 28 June 2026
Last soldAED 1.23M17 April 2025
Current rentAED 80K /yr28 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 215, Al Alka 1

What is 215 worth today?

Last sold for AED 1,230,000 in 2025

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28 Jun 2026RentedRenewal
AED 80,000/yr12 months · AED 111 per sqft
28 Jun 2025RentedNew contract
AED 80,000/yr12 months · AED 111 per sqft
28 Jun 2025RentedNew contract
AED 80,000/yr12 months · AED 111 per sqft
17 Apr 2025SoldReady
AED 1,230,000AED 1,698 per sqft
27 Mar 2024RentedNew contract
AED 83,000/yr12 months · AED 115 per sqft
8 Apr 2023RentedRenewal
AED 59,699/yr7 months · AED 82 per sqft
8 Apr 2022RentedRenewal
AED 54,000/yr12 months · AED 75 per sqft
8 Apr 2021RentedNew contract
AED 47,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 28 June 2026.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
2nd of 7
Parking
B-59
Service charge
AED 16,400 /yr
Last sold
AED 1.23M · April 2025
Building
Al Alka 1

About 215, Al Alka 1

215 is a one-bedroom apartment of 724 sqft on the 2nd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 17 April 2025 for AED 1,230,000, or AED 1,698 per sqft, 11% above the AED 1,528 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 28 June 2026, is AED 80,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 16,400 a year.

Sales and rents for 215 over time

Sales
Unit 215, 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, June 2013: AED 868,800 (AED 1,199 per sqft)Sold, September 2013: AED 1,000,000 (AED 1,380 per sqft)Sold, February 2016: AED 1,170,000 (AED 1,615 per sqft)Sold, February 2016: AED 980,000 (AED 1,353 per sqft)Sold, April 2025: AED 1,230,000 (AED 1,698 per sqft)

215 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 215, each contractTypical one-bed in Al Alka 1
100K2013201720212025Typical 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, June 2015: AED 157,720 a yearNew contract, January 2018: AED 80,000 a yearNew contract, March 2020: AED 52,000 a yearNew contract, April 2021: AED 47,000 a yearRenewal, April 2022: AED 54,000 a yearRenewal, April 2023: AED 59,699 a yearNew contract, March 2024: AED 83,000 a yearNew contract, June 2025: AED 80,000 a yearNew contract, June 2025: AED 80,000 a yearRenewal, June 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 215 sits

All 65 1-beds →

215 last sold in April 2025 at AED 1,698 per sqft, 11% above what one-beds in Al Alka 1 were fetching at the time (AED 1,528). 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. 215'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
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

215, Al Alka 1 in numbers

  • Sold 5 times: first on 27 June 2013 for AED 868,800, last on 17 April 2025 for AED 1,230,000 (AED 1,698 per sqft).
  • Rented since June 2015 on 10 Ejari contracts. The rent fell from AED 157,720 to AED 47,000 in 2021 and recovered to AED 80,000 by June 2026.
  • At AED 80,000 a year the gross yield on the 2025 price is 6.5%, 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 28 June 2026.

Questions about 215, Al Alka 1

What did unit 215 last sell for?

AED 1,230,000 on 17 April 2025: AED 1,698 per sqft for 724 sqft. The unit has 5 registered sales; the first was AED 868,800 in June 2013.

What is the rent for unit 215?

AED 80,000 a year on the contract renewed on 28 June 2026. The previous contract, from June 2025, was AED 80,000; the unit has been rented since June 2015.

How big is unit 215?

724 sqft (67.3 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower.

What is unit 215 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 215, Al Alka 1

Starts from the last sale price (AED 1.23M, 17 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,230,000
Deposit, UAE resident (20%)
AED 246,000
Deposit, non-resident (40%)
AED 492,000
Monthly over 25 years at 3.7%
AED 5,032

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