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1-bed · 791 sqftAl Alka 1, The Greens · 4th floor

401, Al Alka 1

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

Unit 401 · DLD and Ejari recordsUpdated 28 August 2026
Last soldAED 910K17 September 2012
Current rentAED 68K /yr28 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401, Al Alka 1

What is 401 worth today?

Last sold for AED 909,650 in 2012

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28 Aug 2026RentedNew contract
AED 68,000/yr12 months · AED 86 per sqft
7 Feb 2026RentedRenewal
AED 80,000/yr12 months · AED 101 per sqft
7 Feb 2025RentedNew contract
AED 77,000/yr12 months · AED 97 per sqft
7 Feb 2025RentedNew contract
AED 77,000/yr12 months · AED 97 per sqft
14 Mar 2024RentedNew contract
AED 65,067/yr10 months · AED 82 per sqft
14 Mar 2022RentedNew contract
AED 56,000/yr12 months · AED 71 per sqft
1 Feb 2021RentedRenewal
AED 46,000/yr12 months · AED 59 per sqft
1 Feb 2020RentedRenewal
AED 46,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 28 August 2026.

Key facts

Type
1-bed apartment
Size
791 sqft
Floor
4th of 7
Parking
B-92
Service charge
AED 17,900 /yr
Last sold
AED 910K · September 2012
Building
Al Alka 1

About 401, Al Alka 1

401 is a one-bedroom apartment of 791 sqft on the 4th floor of Al Alka 1, a 7-storey tower in The Greens. The developer sold it on 17 September 2012 for AED 909,650, or AED 1,150 per sqft, in line with 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, signed on 28 August 2026, is AED 68,000 a year: a gross yield of 7.5% on the 2012 price, before the service charge of about AED 17,900 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, September 2012: AED 909,650 (AED 1,150 per sqft)

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

Rents
Unit 401, 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, February 2019: AED 70,000 a yearRenewal, February 2020: AED 46,000 a yearRenewal, February 2021: AED 46,000 a yearNew contract, March 2022: AED 56,000 a yearNew contract, March 2024: AED 65,067 a yearNew contract, February 2025: AED 77,000 a yearNew contract, February 2025: AED 77,000 a yearRenewal, February 2026: AED 80,000 a yearNew contract, August 2026: AED 68,000 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 401 sits

All 65 1-beds →

401 last sold in September 2012 at AED 1,150 per sqft, in line with 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. 401's AED 68,000 is at the bottom 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 4th floor

All 118 units in Al Alka 1
Value
4021-bedAED 1M · Aug 2016
4031-bedAED 1.15M · Mar 2017
4041-bedAED 710K · Apr 2021
4052-bedAED 1M · Jun 2018
4061-bedAED 725K · Apr 2019
4071-bedAED 970K · Sep 2023
4081-bedAED 750K · May 2019
1–7 of 20

401, Al Alka 1 in numbers

  • Sold once: by the developer on 17 September 2012 for AED 909,650, or AED 1,150 per sqft.
  • Rented since February 2019 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 46,000 in 2021 and recovered to AED 68,000 by August 2026.
  • At AED 68,000 a year the gross yield on the 2012 price is 7.5%, before a service charge of about AED 17,900 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 28 August 2026.

Questions about 401, Al Alka 1

What did unit 401 last sell for?

AED 909,650 on 17 September 2012, sold by the developer: AED 1,150 per sqft for 791 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 68,000 a year on the contract signed on 28 August 2026. The previous contract, from February 2026, was AED 80,000; the unit has been rented since February 2019.

How big is unit 401?

791 sqft (73.5 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 401 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 401, Al Alka 1

Starts from the last sale price (AED 910K, 17 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 909,650
Deposit, UAE resident (20%)
AED 181,930
Deposit, non-resident (40%)
AED 363,860
Monthly over 25 years at 3.7%
AED 3,722

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