1-bed · 721 sqftAl Alka 1, The Greens · 3rd floor

309, Al Alka 1

Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 21 August 2026
Last soldAED 1.5M28 July 2025
Current rentAED 87K /yr21 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Al Alka 1

What is 309 worth today?

Last sold for AED 1,500,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Aug 2026RentedNew contract
AED 87,000/yr12 months · AED 121 per sqft
28 Jul 2025SoldReady
AED 1,500,000AED 2,080 per sqft
22 Jan 2025RentedNew contract
AED 120,000/yr12 months · AED 166 per sqft
22 Jan 2025RentedNew contract
AED 120,000/yr12 months · AED 166 per sqft
19 Sep 2024SoldReady
AED 1,100,000AED 1,525 per sqft
6 Jan 2024RentedNew contract
AED 85,000/yr12 months · AED 118 per sqft
30 Dec 2022RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
25 Oct 2020RentedNew contract
AED 45,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 21 August 2026.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
3rd of 7
Parking
B-256
Service charge
AED 16,300 /yr
Last sold
AED 1.5M · July 2025
Building
Al Alka 1

About 309, Al Alka 1

309 is a one-bedroom apartment of 721 sqft on the 3rd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 28 July 2025 for AED 1,500,000, or AED 2,080 per sqft, 29% above the AED 1,618 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 21 August 2026, is AED 87,000 a year: a gross yield of 5.8% on the 2025 price, before the service charge of about AED 16,300 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Al Alka 1
500K1M1.5M2012201620202024Typical 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, October 2012: AED 414,575 (AED 574 per sqft)Sold, September 2024: AED 1,100,000 (AED 1,525 per sqft)Sold, July 2025: AED 1,500,000 (AED 2,080 per sqft)

309 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 309, 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 80,000New contract, June 2018: AED 73,000 a yearNew contract, August 2019: AED 60,000 a yearNew contract, March 2020: AED 59,000 a yearNew contract, October 2020: AED 45,000 a yearNew contract, December 2022: AED 70,000 a yearNew contract, January 2024: AED 85,000 a yearNew contract, January 2025: AED 120,000 a yearNew contract, January 2025: AED 120,000 a yearNew contract, August 2026: AED 87,000 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 309 sits

All 65 1-beds →

309 last sold in July 2025 at AED 2,080 per sqft, 29% above what one-beds in Al Alka 1 were fetching at the time (AED 1,618). 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. 309's AED 87,000 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 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
3071-bedAED 1.15M · Sep 2014
1–7 of 20

309, Al Alka 1 in numbers

  • Sold 3 times: first on 16 October 2012 for AED 414,575, last on 28 July 2025 for AED 1,500,000 (AED 2,080 per sqft).
  • Rented since June 2018 on 9 Ejari contracts. The rent fell from AED 73,000 to AED 45,000 in 2020 and recovered to AED 87,000 by August 2026.
  • At AED 87,000 a year the gross yield on the 2025 price is 5.8%, 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 21 August 2026.

Questions about 309, Al Alka 1

What did unit 309 last sell for?

AED 1,500,000 on 28 July 2025: AED 2,080 per sqft for 721 sqft. The unit has 3 registered sales; the first was AED 414,575 in October 2012.

What is the rent for unit 309?

AED 87,000 a year on the contract signed on 21 August 2026. The previous contract, from January 2025, was AED 120,000; the unit has been rented since June 2018.

How big is unit 309?

721 sqft (67.0 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 309 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 309? 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.

How OpenOffers works

Mortgage on 309, Al Alka 1

Starts from the last sale price (AED 1.5M, 28 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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