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

313A, Al Alka 1

Sold prices and rental history: sold twice, last in March 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313A · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 438K5 March 2017
Current rentAED 46K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313A, Al Alka 1

What is 313A worth today?

Last sold for AED 437,500 in 2017

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15 Jun 2024RentedRenewal
AED 46,200/yr12 months · AED 105 per sqft
15 Jun 2023RentedRenewal
AED 44,000/yr12 months · AED 100 per sqft
15 Jun 2022RentedNew contract
AED 40,000/yr12 months · AED 91 per sqft
1 Nov 2021RentedRenewal
AED 40,000/yr12 months · AED 91 per sqft
1 Nov 2020RentedRenewal
AED 38,000/yr12 months · AED 86 per sqft
1 Nov 2019RentedNew contract
AED 42,000/yr12 months · AED 95 per sqft
16 Sep 2018RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
10 Apr 2017RentedNew contract
AED 75,000/yr12 months · AED 170 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
3rd of 7
Parking
B-236
Service charge
AED 9,900 /yr
Last sold
AED 438K · March 2017
Building
Al Alka 1

About 313A, Al Alka 1

313A 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 5 March 2017 for AED 437,500, or AED 998 per sqft, 39% below the AED 1,634 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 46,200 a year: a gross yield of 10.6% on the 2017 price, before the service charge of about AED 9,900 a year.

Sales and rents for 313A over time

Sales
Unit 313A, each saleTypical studio in Al Alka 1
400K600K800K201220142016Typical 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 1,150 per sqft)Sold, March 2017: AED 437,500 (AED 998 per sqft)

313A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 313A, 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, April 2017: AED 75,000 a yearNew contract, September 2018: AED 50,000 a yearNew contract, November 2019: AED 42,000 a yearRenewal, November 2020: AED 38,000 a yearRenewal, November 2021: AED 40,000 a yearNew contract, June 2022: AED 40,000 a yearRenewal, June 2023: AED 44,000 a yearRenewal, June 2024: AED 46,200 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 313A sits

All 20 studios →

313A last sold in March 2017 at AED 998 per sqft, 39% below what studios in Al Alka 1 were fetching at the time (AED 1,634). 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. 313A's AED 46,200 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
31 Jul 2026825,000
12 Feb 2026885,000
30 Apr 2025865,000
15 Jan 2024510,000
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

313A, Al Alka 1 in numbers

  • Sold twice: first on 24 September 2012 for AED 503,700, last on 5 March 2017 for AED 437,500 (AED 998 per sqft).
  • Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 38,000 in 2020 and recovered to AED 46,200 by June 2024.
  • At AED 46,200 a year the gross yield on the 2017 price is 10.6%, 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 15 June 2024.

Questions about 313A, Al Alka 1

What did unit 313A last sell for?

AED 437,500 on 5 March 2017: AED 998 per sqft for 438 sqft. The unit has 2 registered sales; the first was AED 503,700 in September 2012.

What is the rent for unit 313A?

AED 46,200 a year on the contract renewed on 15 June 2024. The previous contract, from June 2023, was AED 44,000; the unit has been rented since April 2017.

How big is unit 313A?

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

What is unit 313A 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 313A, Al Alka 1

Starts from the last sale price (AED 438K, 5 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 437,500
Deposit, UAE resident (20%)
AED 87,500
Deposit, non-resident (40%)
AED 175,000
Monthly over 25 years at 3.7%
AED 1,790

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