308, Al Alka 1
Sold prices and rental history: sold once, by the developer in September 2012, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Al Alka 1
What is 308 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 7 February 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 720 sqft
- Floor
- 3rd of 7
- Parking
- B-257
- Service charge
- AED 16,300 /yr
- Last sold
- AED 828K · September 2012
- Building
- Al Alka 1
About 308, Al Alka 1
308 is a one-bedroom apartment of 720 sqft on the 3rd floor of Al Alka 1, a 7-storey tower in The Greens. The developer sold it on 25 September 2012 for AED 828,000, or AED 1,150 per sqft, in line with the AED 1,149 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 7 February 2020, is AED 55,000 a year: a gross yield of 6.6% on the 2012 price, before the service charge of about AED 16,300 a year.
Sales and rents for 308 over time
308 has sold once; the dashed line is the one-bed median of each year in the building.
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 308 sits
All 65 1-beds →308 last sold in September 2012 at AED 1,150 per sqft, in line with what one-beds in Al Alka 1 were fetching at the time (AED 1,149). 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. 308's AED 55,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 729 sqft | 1,175,000 | 1,611 | ||
| 9 Sep 20269 September 2026 | 788 sqft | 1,200,000 | 1,522 | ||
| 26 Jun 202626 June 2026 | 726 sqft | 1,250,000 | 1,721 | ||
| 26 Mar 202626 March 2026 | 729 sqft | 1,450,000 | 1,988 |
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 3rd floor
All 118 units in Al Alka 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 791 sqft | AED 1.6MAED 1,600,000 · Feb 2026February 2026 | 55,440 /yr | |
| 302 | 1-bed | 789 sqft | AED 1.3MAED 1,300,000 · Dec 2025December 2025 | 90,000 /yr | |
| 303 | 1-bed | 788 sqft | AED 1.2MAED 1,200,000 · Sep 2026September 2026 | 82,500 /yr | |
| 304 | 1-bed | 788 sqft | AED 1.06MAED 1,060,000 · Jun 2013June 2013 | 90,000 /yr | |
| 305 | 2-bed | 1,389 sqft | AED 1.4MAED 1,400,000 · Aug 2022August 2022 | 85,000 /yr | |
| 306 | 1-bed | 723 sqft | AED 1.6MAED 1,600,000 · Jun 2025June 2025 | 105,000 /yr | |
| 307 | 1-bed | 720 sqft | AED 1.15MAED 1,150,000 · Sep 2014September 2014 | ||
| 309 | 1-bed | 721 sqft | AED 1.5MAED 1,500,000 · Jul 2025July 2025 | 87,000 /yr | |
| 310 | 1-bed | 720 sqft | AED 1.39MAED 1,390,000 · Feb 2025February 2025 | 56,000 /yr | |
| 311 | 2-bed | 1,015 sqft | AED 1.17MAED 1,167,250 · Sep 2012September 2012 | 90,000 /yr | |
| 314 | 1-bed | 726 sqft | AED 1.37MAED 1,365,000 · Jan 2026January 2026 | ||
| 315 | 1-bed | 724 sqft | AED 869KAED 868,800 · Nov 2012November 2012 | 76,500 /yr | |
| 316 | 1-bed | 729 sqft | AED 1.18MAED 1,175,000 · Oct 2026October 2026 | 74,420 /yr | |
| 317 | 2-bed | 1,116 sqft | AED 1.83MAED 1,830,000 · Jan 2026January 2026 | 110,000 /yr | |
| 318 | 2-bed | 1,249 sqft | AED 1.19MAED 1,190,000 · Jul 2021July 2021 | 110,000 /yr | |
| 319 | 2-bed | 1,278 sqft | AED 1.2MAED 1,200,000 · Jun 2021June 2021 | 80,000 /yr | |
| 312A | Studio | 444 sqft | AED 580KAED 580,000 · Oct 2012October 2012 | 57,000 /yr | |
| 312B | Studio | 438 sqft | AED 865KAED 865,000 · Apr 2025April 2025 | 78,000 /yr | |
| 313A | Studio | 438 sqft | AED 438KAED 437,500 · Mar 2017March 2017 | 46,200 /yr | |
| 313B | Studio | 448 sqft | AED 515KAED 515,200 · Sep 2012September 2012 | 66,000 /yr |
308, Al Alka 1 in numbers
- Sold once: by the developer on 25 September 2012 for AED 828,000, or AED 1,150 per sqft.
- Rented since February 2018 on 3 Ejari contracts, from AED 77,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2012 price is 6.6%, 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 7 February 2020.
Questions about 308, Al Alka 1
What did unit 308 last sell for?
AED 828,000 on 25 September 2012, sold by the developer: AED 1,150 per sqft for 720 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 55,000 a year on the contract signed on 7 February 2020. The previous contract, from February 2019, was AED 72,000; the unit has been rented since February 2018.
How big is unit 308?
720 sqft (66.9 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.
What is unit 308 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 308? 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.
Mortgage on 308, Al Alka 1
Starts from the last sale price (AED 828K, 25 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 828,000
- Deposit, UAE resident (20%)
- AED 165,600
- Deposit, non-resident (40%)
- AED 331,200
- Monthly over 25 years at 3.7%
- AED 3,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →