1-bed · 729 sqftAl Alka 1, The Greens · 3rd floor

316, Al Alka 1

Sold prices and rental history: sold 3 times, last in October 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 1.18M2 October 2026
Current rentAED 74K /yr13 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Al Alka 1

What is 316 worth today?

Last sold for AED 1,175,000 in 2026

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2 Oct 2026SoldReady
AED 1,175,000AED 1,611 per sqft
13 May 2026RentedRenewal
AED 74,420/yr4 months · AED 102 per sqft
13 May 2025RentedRenewal
AED 66,412/yr12 months · AED 91 per sqft
13 May 2024RentedRenewal
AED 66,412/yr12 months · AED 91 per sqft
13 May 2023RentedRenewal
AED 63,250/yr12 months · AED 87 per sqft
13 May 2022RentedRenewal
AED 57,500/yr12 months · AED 79 per sqft
13 May 2021RentedRenewal
AED 50,000/yr12 months · AED 69 per sqft
13 May 2020RentedRenewal
AED 58,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
1-bed apartment
Size
729 sqft
Floor
3rd of 7
Parking
B-63
Service charge
AED 16,500 /yr
Last sold
AED 1.18M · October 2026
Building
Al Alka 1

About 316, Al Alka 1

316 is a one-bedroom apartment of 729 sqft on the 3rd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 2 October 2026 for AED 1,175,000, or AED 1,611 per sqft, in line with the AED 1,629 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 13 May 2026, is AED 74,420 a year: a gross yield of 6.3% on the 2026 price, before the service charge of about AED 16,500 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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, January 2013: AED 874,800 (AED 1,199 per sqft)Sold, August 2018: AED 723,220 (AED 991 per sqft)Sold, October 2026: AED 1,175,000 (AED 1,611 per sqft)

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

Rents
Unit 316, 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, May 2018: AED 70,000 a yearNew contract, May 2019: AED 65,000 a yearRenewal, May 2020: AED 58,000 a yearRenewal, May 2021: AED 50,000 a yearRenewal, May 2022: AED 57,500 a yearRenewal, May 2023: AED 63,250 a yearRenewal, May 2024: AED 66,412 a yearRenewal, May 2025: AED 66,412 a yearRenewal, May 2026: AED 74,420 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 316 sits

All 65 1-beds →

316 last sold in October 2026 at AED 1,611 per sqft, in line with what one-beds in Al Alka 1 were fetching at the time (AED 1,629). 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. 316's AED 74,420 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Sep 20261,200,000
26 Jun 20261,250,000
26 Mar 20261,450,000
27 Feb 20261,600,000
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

316, Al Alka 1 in numbers

  • Sold 3 times: first on 3 January 2013 for AED 874,800, last on 2 October 2026 for AED 1,175,000 (AED 1,611 per sqft).
  • Rented since May 2018 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2021 and recovered to AED 74,420 by May 2026.
  • At AED 74,420 a year the gross yield on the 2026 price is 6.3%, before a service charge of about AED 16,500 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 October 2026.

Questions about 316, Al Alka 1

What did unit 316 last sell for?

AED 1,175,000 on 2 October 2026: AED 1,611 per sqft for 729 sqft. The unit has 3 registered sales; the first was AED 874,800 in January 2013.

What is the rent for unit 316?

AED 74,420 a year on the contract renewed on 13 May 2026. The previous contract, from May 2025, was AED 66,412; the unit has been rented since May 2018.

How big is unit 316?

729 sqft (67.7 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 316 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 316, Al Alka 1

Starts from the last sale price (AED 1.18M, 2 October 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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