218, Al Alka 1
Sold prices and rental history: sold twice, last in June 2026, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 218, Al Alka 1
What is 218 worth today?
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Source: Dubai Land Department. Updated 4 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,249 sqft
- Floor
- 2nd of 7
- Parking
- B-30
- Service charge
- AED 28,300 /yr
- Last sold
- AED 1.94M · June 2026
- Building
- Al Alka 1
About 218, Al Alka 1
218 is a two-bedroom apartment of 1,249 sqft on the 2nd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 4 June 2026 for AED 1,940,000, or AED 1,553 per sqft, 5% below the AED 1,640 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, renewed on 19 February 2026, is AED 119,630 a year: a gross yield of 6.2% on the 2026 price, before the service charge of about AED 28,300 a year.
Sales and rents for 218 over time
218 has sold twice; the dashed line is the two-bed median of each year in the building.
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 218 sits
All 33 2-beds →218 last sold in June 2026 at AED 1,553 per sqft, 5% below what two-beds in Al Alka 1 were fetching at the time (AED 1,640). 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. 218's AED 119,630 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Sep 202614 September 2026 | 1,389 sqft | 2,550,000 | 1,835 | ||
| 24 Mar 202624 March 2026 | 1,015 sqft | 2,050,000 | 2,019 | ||
| 3 Mar 20263 March 2026 | 1,276 sqft | 2,225,000 | 1,743 | ||
| 28 Jan 202628 January 2026 | 1,116 sqft | 1,830,000 | 1,640 |
Al Alka 1
Building118 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%
Other units on the 2nd floor
All 118 units in Al Alka 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 791 sqft | AED 780KAED 780,000 · Jul 2022July 2022 | 80,000 /yr | |
| 202 | 1-bed | 789 sqft | AED 695KAED 695,000 · Feb 2022February 2022 | 90,000 /yr | |
| 203 | 1-bed | 788 sqft | AED 1.2MAED 1,200,000 · Feb 2016February 2016 | 69,089 /yr | |
| 204 | 1-bed | 788 sqft | AED 1.2MAED 1,200,000 · Feb 2015February 2015 | 80,000 /yr | |
| 205 | 2-bed | 1,389 sqft | AED 2.55MAED 2,550,000 · Sep 2026September 2026 | 170,000 /yr | |
| 206 | 1-bed | 723 sqft | AED 1.04MAED 1,040,000 · Jan 2017January 2017 | 80,000 /yr | |
| 207 | 1-bed | 720 sqft | AED 1.04MAED 1,035,000 · Nov 2023November 2023 | 85,000 /yr | |
| 208 | 1-bed | 720 sqft | AED 1.07MAED 1,070,000 · Sep 2024September 2024 | 67,760 /yr | |
| 209 | 1-bed | 721 sqft | AED 1.2MAED 1,200,000 · Apr 2025April 2025 | 85,000 /yr | |
| 210 | 1-bed | 720 sqft | AED 925KAED 925,000 · Oct 2022October 2022 | 93,000 /yr | |
| 211 | 2-bed | 1,015 sqft | AED 1.01MAED 1,010,000 · Mar 2022March 2022 | 109,263 /yr | |
| 214 | 1-bed | 726 sqft | AED 1.25MAED 1,250,000 · Jun 2026June 2026 | 92,000 /yr | |
| 215 | 1-bed | 724 sqft | AED 1.23MAED 1,230,000 · Apr 2025April 2025 | 80,000 /yr | |
| 216 | 1-bed | 365 sqft | AED 400KAED 400,000 · May 2023May 2023 | 80,000 /yr | |
| 217 | 2-bed | 1,116 sqft | AED 1.06MAED 1,060,000 · Apr 2022April 2022 | 98,400 /yr | |
| 219 | 2-bed | 1,278 sqft | AED 1.23MAED 1,230,000 · Jul 2022July 2022 | 135,000 /yr | |
| 212A | Studio | 444 sqft | AED 665KAED 665,000 · May 2018May 2018 | 65,000 /yr | |
| 212B | Studio | 438 sqft | AED 640KAED 640,000 · Dec 2012December 2012 | 65,000 /yr | |
| 213A | Studio | 438 sqft | AED 400KAED 400,000 · Mar 2015March 2015 | 65,000 /yr | |
| 213B | Studio | 448 sqft | AED 560KAED 560,000 · Oct 2012October 2012 | 44,000 /yr |
218, Al Alka 1 in numbers
- Sold twice: first on 3 September 2012 for AED 1,436,350, last on 4 June 2026 for AED 1,940,000 (AED 1,553 per sqft).
- Rented since August 2014 on 14 Ejari contracts. The rent fell from AED 135,000 to AED 10,950 in 2024 and recovered to AED 119,630 by February 2026.
- At AED 119,630 a year the gross yield on the 2026 price is 6.2%, before a service charge of about AED 28,300 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 4 June 2026.
Questions about 218, Al Alka 1
What did unit 218 last sell for?
AED 1,940,000 on 4 June 2026: AED 1,553 per sqft for 1,249 sqft. The unit has 2 registered sales; the first was AED 1,436,350 in September 2012.
What is the rent for unit 218?
AED 119,630 a year on the contract renewed on 19 February 2026. The previous contract, from February 2025, was AED 120,000; the unit has been rented since August 2014.
How big is unit 218?
1,249 sqft (116.0 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower.
What is unit 218 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 218, Al Alka 1
Starts from the last sale price (AED 1.94M, 4 June 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,940,000
- Deposit, UAE resident (20%)
- AED 388,000
- Deposit, non-resident (40%)
- AED 776,000
- Monthly over 25 years at 3.7%
- AED 7,937
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →