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1-bed · 724 sqftAl Alka 1, The Greens · 3rd floor

315, Al Alka 1

Sold prices and rental history: sold once, by the developer in November 2012, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 2 April 2026
Last soldAED 869K26 November 2012
Current rentAED 77K /yr2 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 315, Al Alka 1

What is 315 worth today?

Last sold for AED 868,800 in 2012

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2 Apr 2026RentedRenewal
AED 76,500/yr12 months · AED 106 per sqft
2 Apr 2025RentedRenewal
AED 73,000/yr12 months · AED 101 per sqft
2 Apr 2025RentedRenewal
AED 73,000/yr12 months · AED 101 per sqft
1 Apr 2024RentedNew contract
AED 69,806/yr12 months · AED 97 per sqft
5 Aug 2023RentedRenewal
AED 50,000/yr12 months · AED 69 per sqft
5 Aug 2022RentedRenewal
AED 55,000/yr12 months · AED 76 per sqft
5 Aug 2021RentedRenewal
AED 45,000/yr12 months · AED 62 per sqft
5 Aug 2020RentedRenewal
AED 45,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 2 April 2026.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
3rd of 7
Parking
B-62
Service charge
AED 16,400 /yr
Last sold
AED 869K · November 2012
Building
Al Alka 1

About 315, Al Alka 1

315 is a one-bedroom apartment of 724 sqft on the 3rd floor of Al Alka 1, a 7-storey tower in The Greens. The developer sold it on 26 November 2012 for AED 868,800, or AED 1,199 per sqft, 4% above the AED 1,149 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 2 April 2026, is AED 76,500 a year: a gross yield of 8.8% on the 2012 price, before the service charge of about AED 16,400 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, November 2012: AED 868,800 (AED 1,199 per sqft)

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

Rents
Unit 315, 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 80,000Renewal, August 2019: AED 57,000 a yearRenewal, August 2020: AED 45,000 a yearRenewal, August 2021: AED 45,000 a yearRenewal, August 2022: AED 55,000 a yearRenewal, August 2023: AED 50,000 a yearNew contract, April 2024: AED 69,806 a yearRenewal, April 2025: AED 73,000 a yearRenewal, April 2025: AED 73,000 a yearRenewal, April 2026: AED 76,500 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 315 sits

All 65 1-beds →

315 last sold in November 2012 at AED 1,199 per sqft, 4% above 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. 315's AED 76,500 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

315, Al Alka 1 in numbers

  • Sold once: by the developer on 26 November 2012 for AED 868,800, or AED 1,199 per sqft.
  • Rented since August 2019 on 9 Ejari contracts. The rent fell from AED 57,000 to AED 45,000 in 2021 and recovered to AED 76,500 by April 2026.
  • At AED 76,500 a year the gross yield on the 2012 price is 8.8%, before a service charge of about AED 16,400 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 2 April 2026.

Questions about 315, Al Alka 1

What did unit 315 last sell for?

AED 868,800 on 26 November 2012, sold by the developer: AED 1,199 per sqft for 724 sqft. It is the only registered sale of the unit.

What is the rent for unit 315?

AED 76,500 a year on the contract renewed on 2 April 2026. The previous contract, from April 2025, was AED 73,000; the unit has been rented since August 2019.

How big is unit 315?

724 sqft (67.3 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 315 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 315, Al Alka 1

Starts from the last sale price (AED 869K, 26 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 868,800
Deposit, UAE resident (20%)
AED 173,760
Deposit, non-resident (40%)
AED 347,520
Monthly over 25 years at 3.7%
AED 3,555

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