318, Al Alka 1
Sold prices and rental history: sold 4 times, last in July 2021, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 318, Al Alka 1
What is 318 worth today?
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Source: Dubai Land Department. Updated 14 July 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,249 sqft
- Floor
- 3rd of 7
- Parking
- B-32
- Service charge
- AED 28,300 /yr
- Last sold
- AED 1.19M · July 2021
- Building
- Al Alka 1
About 318, Al Alka 1
318 is a two-bedroom apartment of 1,249 sqft on the 3rd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 14 July 2021 for AED 1,190,000, or AED 953 per sqft, in line with the AED 929 two-beds in the building were fetching at the time.
It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 27 April 2018, is AED 110,000 a year: a gross yield of 9.2% on the 2021 price, before the service charge of about AED 28,300 a year.
Sales and rents for 318 over time
318 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Alka 1, and where 318 sits
All 33 2-beds →318 last sold in July 2021 at AED 953 per sqft, in line with what two-beds in Al Alka 1 were fetching at the time (AED 929). Over the last 12 months two-beds sold for AED 1,830,000 to 2,550,000, around AED 1,692 per sqft, and rent for AED 70,000 to 165,000 a year. 318's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Sep 202614 September 2026 | 1,389 sqft | 2,550,000 | 1,835 | ||
| 4 Jun 20264 June 2026 | 1,249 sqft | 1,940,000 | 1,553 | ||
| 24 Mar 202624 March 2026 | 1,015 sqft | 2,050,000 | 2,019 | ||
| 3 Mar 20263 March 2026 | 1,276 sqft | 2,225,000 | 1,743 |
Al Alka 1
Building118 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%
Other units on the 3rd floor
All 118 units in Al Alka 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 791 sqft | AED 1.6MAED 1,600,000 · Feb 2026February 2026 | 55,440 /yr | |
| 302 | 1-bed | 789 sqft | AED 1.3MAED 1,300,000 · Dec 2025December 2025 | 90,000 /yr | |
| 303 | 1-bed | 788 sqft | AED 1.2MAED 1,200,000 · Sep 2026September 2026 | 82,500 /yr | |
| 304 | 1-bed | 788 sqft | AED 1.06MAED 1,060,000 · Jun 2013June 2013 | 90,000 /yr | |
| 305 | 2-bed | 1,389 sqft | AED 1.4MAED 1,400,000 · Aug 2022August 2022 | 85,000 /yr | |
| 306 | 1-bed | 723 sqft | AED 1.6MAED 1,600,000 · Jun 2025June 2025 | 105,000 /yr | |
| 307 | 1-bed | 720 sqft | AED 1.15MAED 1,150,000 · Sep 2014September 2014 | ||
| 308 | 1-bed | 720 sqft | AED 828KAED 828,000 · Sep 2012September 2012 | 55,000 /yr | |
| 309 | 1-bed | 721 sqft | AED 1.5MAED 1,500,000 · Jul 2025July 2025 | 87,000 /yr | |
| 310 | 1-bed | 720 sqft | AED 1.39MAED 1,390,000 · Feb 2025February 2025 | 56,000 /yr | |
| 311 | 2-bed | 1,015 sqft | AED 1.17MAED 1,167,250 · Sep 2012September 2012 | 90,000 /yr | |
| 314 | 1-bed | 726 sqft | AED 1.37MAED 1,365,000 · Jan 2026January 2026 | ||
| 315 | 1-bed | 724 sqft | AED 869KAED 868,800 · Nov 2012November 2012 | 76,500 /yr | |
| 316 | 1-bed | 729 sqft | AED 1.18MAED 1,175,000 · Oct 2026October 2026 | 74,420 /yr | |
| 317 | 2-bed | 1,116 sqft | AED 1.83MAED 1,830,000 · Jan 2026January 2026 | 110,000 /yr | |
| 319 | 2-bed | 1,278 sqft | AED 1.2MAED 1,200,000 · Jun 2021June 2021 | 80,000 /yr | |
| 312A | Studio | 444 sqft | AED 580KAED 580,000 · Oct 2012October 2012 | 57,000 /yr | |
| 312B | Studio | 438 sqft | AED 865KAED 865,000 · Apr 2025April 2025 | 78,000 /yr | |
| 313A | Studio | 438 sqft | AED 438KAED 437,500 · Mar 2017March 2017 | 46,200 /yr | |
| 313B | Studio | 448 sqft | AED 515KAED 515,200 · Sep 2012September 2012 | 66,000 /yr |
318, Al Alka 1 in numbers
- Sold 4 times: first on 28 November 2012 for AED 1,436,350, last on 14 July 2021 for AED 1,190,000 (AED 953 per sqft).
- Rented since November 2014 on 2 Ejari contracts, from AED 190,043 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2021 price is 9.2%, before a service charge of about AED 28,300 a year (AED 22.63 per sqft).
- Two-beds in Al Alka 1 sold for AED 1,830,000–2,550,000 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 14 July 2021.
Questions about 318, Al Alka 1
What did unit 318 last sell for?
AED 1,190,000 on 14 July 2021: AED 953 per sqft for 1,249 sqft. The unit has 4 registered sales; the first was AED 1,436,350 in November 2012.
What is the rent for unit 318?
AED 110,000 a year on the contract signed on 27 April 2018. The previous contract, from November 2014, was AED 190,043.
How big is unit 318?
1,249 sqft (116.0 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower.
What is unit 318 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Alka 1 sold for AED 1,830,000 to 2,550,000 in the last 12 months, around AED 1,692 per sqft.
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Mortgage on 318, Al Alka 1
Starts from the last sale price (AED 1.19M, 14 July 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,190,000
- Deposit, UAE resident (20%)
- AED 238,000
- Deposit, non-resident (40%)
- AED 476,000
- Monthly over 25 years at 3.7%
- AED 4,869
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →