1-bed · 720 sqftAl Alka 1, The Greens · 3rd floor

307, Al Alka 1

Sold prices and rental history: sold twice, last in September 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 8 September 2014
Last soldAED 1.15M8 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Al Alka 1

What is 307 worth today?

Last sold for AED 1,150,000 in 2014

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8 Sep 2014SoldReady
AED 1,150,000AED 1,596 per sqft
25 Sep 2012Sold by developerReady
AED 828,000AED 1,149 per sqft

Source: Dubai Land Department. Updated 8 September 2014.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
3rd of 7
Parking
B-258
Service charge
AED 16,300 /yr
Last sold
AED 1.15M · September 2014
Building
Al Alka 1

About 307, Al Alka 1

307 is a one-bedroom apartment of 720 sqft on the 3rd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 8 September 2014 for AED 1,150,000, or AED 1,596 per sqft, 12% above the AED 1,423 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 307 over time

Sales
Unit 307, 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 1,149 per sqft)Sold, September 2014: AED 1,150,000 (AED 1,596 per sqft)

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

Rents
Unit 307, 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 80,000

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 307 sits

All 65 1-beds →

307 last sold in September 2014 at AED 1,596 per sqft, 12% above what one-beds in Al Alka 1 were fetching at the time (AED 1,423). 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.

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 3rd floor

All 118 units in Al Alka 1
Value
3011-bedAED 1.6M · Feb 2026
3021-bedAED 1.3M · Dec 2025
3031-bedAED 1.2M · Sep 2026
3041-bedAED 1.06M · Jun 2013
3052-bedAED 1.4M · Aug 2022
3061-bedAED 1.6M · Jun 2025
3081-bedAED 828K · Sep 2012
1–7 of 20

307, Al Alka 1 in numbers

  • Sold twice: first on 25 September 2012 for AED 828,000, last on 8 September 2014 for AED 1,150,000 (AED 1,596 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 8 September 2014.

Questions about 307, Al Alka 1

What did unit 307 last sell for?

AED 1,150,000 on 8 September 2014: AED 1,596 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 828,000 in September 2012.

How big is unit 307?

720 sqft (66.9 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 307 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 307, Al Alka 1

Starts from the last sale price (AED 1.15M, 8 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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