2-bed · 1,278 sqftAl Alka 1, The Greens · 3rd floor

319, Al Alka 1

Sold prices and rental history: sold twice, last in June 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 319 · DLD and Ejari recordsUpdated 27 June 2021
Last soldAED 1.2M27 June 2021
Current rentAED 80K /yr25 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 319, Al Alka 1

What is 319 worth today?

Last sold for AED 1,200,000 in 2021

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27 Jun 2021SoldReady
AED 1,200,000AED 939 per sqft
25 May 2020RentedNew contract
AED 80,000/yr12 months · AED 63 per sqft
4 May 2019RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
20 Mar 2018RentedNew contract
AED 119,678/yr12 months · AED 93 per sqft
7 Aug 2012Sold by developerReady
AED 1,469,700AED 1,150 per sqft

Source: Dubai Land Department. Updated 27 June 2021.

Key facts

Type
2-bed apartment
Size
1,278 sqft
Floor
3rd of 7
Parking
B-33
Service charge
AED 28,900 /yr
Last sold
AED 1.2M · June 2021
Building
Al Alka 1

About 319, Al Alka 1

319 is a two-bedroom apartment of 1,278 sqft on the 3rd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 27 June 2021 for AED 1,200,000, or AED 939 per sqft, 9% above the AED 862 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 25 May 2020, is AED 80,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 28,900 a year.

Sales and rents for 319 over time

Sales
Unit 319, each saleTypical two-bed in Al Alka 1
1M1.5M2M2012201620202024Typical sale price by year: 2012 AED 1,436,350; 2013 AED 1,640,000; 2017 AED 1,500,000; 2018 AED 1,227,000; 2019 AED 1,208,000; 2021 AED 1,160,000; 2022 AED 1,190,000; 2024 AED 1,675,000; 2026 AED 2,050,000Sold by developer, August 2012: AED 1,469,700 (AED 1,150 per sqft)Sold, June 2021: AED 1,200,000 (AED 939 per sqft)

319 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 319, each contractTypical two-bed in Al Alka 1
100K150K200K2013201720212025Typical rent by year: 2013 AED 157,500; 2014 AED 187,079; 2015 AED 185,657; 2016 AED 162,856; 2017 AED 141,138; 2018 AED 113,500; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 88,000; 2023 AED 98,700; 2024 AED 110,000; 2025 AED 125,000; 2026 AED 125,000New contract, March 2018: AED 119,678 a yearNew contract, May 2019: AED 90,000 a yearNew contract, May 2020: AED 80,000 a year

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 319 sits

All 33 2-beds →

319 last sold in June 2021 at AED 939 per sqft, 9% above what two-beds in Al Alka 1 were fetching at the time (AED 862). 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. 319's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Sep 20262,550,000
4 Jun 20261,940,000
24 Mar 20262,050,000
3 Mar 20262,225,000
6 2-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

319, Al Alka 1 in numbers

  • Sold twice: first on 7 August 2012 for AED 1,469,700, last on 27 June 2021 for AED 1,200,000 (AED 939 per sqft).
  • Rented since March 2018 on 3 Ejari contracts, from AED 119,678 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 6.7%, before a service charge of about AED 28,900 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 27 June 2021.

Questions about 319, Al Alka 1

What did unit 319 last sell for?

AED 1,200,000 on 27 June 2021: AED 939 per sqft for 1,278 sqft. The unit has 2 registered sales; the first was AED 1,469,700 in August 2012.

What is the rent for unit 319?

AED 80,000 a year on the contract signed on 25 May 2020. The previous contract, from May 2019, was AED 90,000; the unit has been rented since March 2018.

How big is unit 319?

1,278 sqft (118.7 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 319 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 319, Al Alka 1

Starts from the last sale price (AED 1.2M, 27 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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