Studio · 438 sqftAl Alka 1, The Greens · 3rd floor

312B, 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 312B · DLD and Ejari recordsUpdated 23 February 2026
Last soldAED 865K30 April 2025
Current rentAED 78K /yr23 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312B, Al Alka 1

What is 312B worth today?

Last sold for AED 865,000 in 2025

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23 Feb 2026RentedNew contract
AED 78,000/yr12 months · AED 177 per sqft
30 Apr 2025SoldReady
AED 865,000AED 1,976 per sqft
20 Sep 2024RentedNew contract
AED 62,000/yr12 months · AED 140 per sqft
5 Aug 2023RentedNew contract
AED 57,000/yr12 months · AED 129 per sqft
2 Aug 2022RentedRenewal
AED 44,000/yr12 months · AED 102 per sqft
2 Aug 2021RentedNew contract
AED 35,000/yr12 months · AED 79 per sqft
27 Jun 2019RentedNew contract
AED 45,000/yr12 months · AED 102 per sqft
19 Feb 2017SoldReady
AED 750,000AED 1,714 per sqft

Source: Dubai Land Department. Updated 23 February 2026.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
3rd of 7
Parking
B-237
Service charge
AED 9,900 /yr
Last sold
AED 865K · April 2025
Building
Al Alka 1

About 312B, Al Alka 1

312B is a studio of 438 sqft on the 3rd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 30 April 2025 for AED 865,000, or AED 1,976 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 23 February 2026, is AED 78,000 a year: a gross yield of 9.0% on the 2025 price, before the service charge of about AED 9,900 a year.

Sales and rents for 312B over time

Sales
Unit 312B, each saleTypical studio in Al Alka 1
600K800K2012201620202024Typical sale price by year: 2012 AED 523,520; 2013 AED 655,000; 2015 AED 780,000; 2016 AED 725,000Sold by developer, September 2012: AED 503,700 (AED 1,151 per sqft)Sold, October 2012: AED 550,000 (AED 1,256 per sqft)Sold, April 2013: AED 650,000 (AED 1,485 per sqft)Sold, February 2017: AED 750,000 (AED 1,714 per sqft)Sold, April 2025: AED 865,000 (AED 1,976 per sqft)

312B has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 312B, each contractTypical studio in Al Alka 1
40K60K80K20152018202120242027Typical rent by year: 2015 AED 74,000; 2016 AED 70,000; 2017 AED 60,000; 2018 AED 51,000; 2019 AED 45,000; 2020 AED 36,000; 2021 AED 36,000; 2022 AED 44,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 62,326; 2026 AED 57,375New contract, October 2015: AED 65,000 a yearNew contract, June 2019: AED 45,000 a yearNew contract, August 2021: AED 35,000 a yearRenewal, August 2022: AED 44,000 a yearNew contract, August 2023: AED 57,000 a yearNew contract, September 2024: AED 62,000 a yearNew contract, February 2026: AED 78,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Alka 1, and where 312B sits

All 20 studios →

Over the last 12 months studios sold for AED 825,000 to 885,000, around AED 1,919 per sqft, and rent for AED 45,000 to 80,000 a year. 312B's AED 78,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
31 Jul 2026825,000
12 Feb 2026885,000
15 Jan 2024510,000
3 May 2018665,000
2 studio 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

312B, Al Alka 1 in numbers

  • Sold 5 times: first on 3 September 2012 for AED 503,700, last on 30 April 2025 for AED 865,000 (AED 1,976 per sqft).
  • Rented since October 2015 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 35,000 in 2021 and recovered to AED 78,000 by February 2026.
  • At AED 78,000 a year the gross yield on the 2025 price is 9.0%, before a service charge of about AED 9,900 a year (AED 22.63 per sqft).
  • Studios in Al Alka 1 sold for AED 825,000–885,000 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 23 February 2026.

Questions about 312B, Al Alka 1

What did unit 312B last sell for?

AED 865,000 on 30 April 2025: AED 1,976 per sqft for 438 sqft. The unit has 5 registered sales; the first was AED 503,700 in September 2012.

What is the rent for unit 312B?

AED 78,000 a year on the contract signed on 23 February 2026. The previous contract, from September 2024, was AED 62,000; the unit has been rented since October 2015.

How big is unit 312B?

438 sqft (40.7 sqm): a studio on the 3rd floor of a 7-storey tower.

What is unit 312B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Alka 1 sold for AED 825,000 to 885,000 in the last 12 months, around AED 1,919 per sqft.

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Mortgage on 312B, Al Alka 1

Starts from the last sale price (AED 865K, 30 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 865,000
Deposit, UAE resident (20%)
AED 173,000
Deposit, non-resident (40%)
AED 346,000
Monthly over 25 years at 3.7%
AED 3,539

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