402, Al Alka 1
Sold prices and rental history: sold twice, last in August 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Al Alka 1
What is 402 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 789 sqft
- Floor
- 4th of 7
- Parking
- B-93
- Service charge
- AED 17,900 /yr
- Last sold
- AED 1M · August 2016
- Building
- Al Alka 1
About 402, Al Alka 1
402 is a one-bedroom apartment of 789 sqft on the 4th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 15 August 2016 for AED 1,000,000, or AED 1,266 per sqft, 6% below the AED 1,352 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 68,770 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 17,900 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the one-bed median of each year in the building.
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 402 sits
All 65 1-beds →402 last sold in August 2016 at AED 1,266 per sqft, 6% below what one-beds in Al Alka 1 were fetching at the time (AED 1,352). 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. 402's AED 68,770 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 729 sqft | 1,175,000 | 1,611 | ||
| 9 Sep 20269 September 2026 | 788 sqft | 1,200,000 | 1,522 | ||
| 26 Jun 202626 June 2026 | 726 sqft | 1,250,000 | 1,721 | ||
| 26 Mar 202626 March 2026 | 729 sqft | 1,450,000 | 1,988 |
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 4th floor
All 118 units in Al Alka 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 791 sqft | AED 910KAED 909,650 · Sep 2012September 2012 | 68,000 /yr | |
| 403 | 1-bed | 788 sqft | AED 1.15MAED 1,150,000 · Mar 2017March 2017 | ||
| 404 | 1-bed | 788 sqft | AED 710KAED 710,000 · Apr 2021April 2021 | 72,000 /yr | |
| 405 | 2-bed | 1,389 sqft | AED 1MAED 1,000,000 · Jun 2018June 2018 | 70,000 /yr | |
| 406 | 1-bed | 723 sqft | AED 725KAED 725,000 · Apr 2019April 2019 | 73,920 /yr | |
| 407 | 1-bed | 720 sqft | AED 970KAED 970,000 · Sep 2023September 2023 | 82,000 /yr | |
| 408 | 1-bed | 720 sqft | AED 750KAED 750,000 · May 2019May 2019 | 69,000 /yr | |
| 409 | 1-bed | 721 sqft | AED 1.43MAED 1,425,000 · Jan 2025January 2025 | 120,000 /yr | |
| 410 | 1-bed | 720 sqft | AED 828KAED 828,000 · Sep 2012September 2012 | 84,000 /yr | |
| 411 | 2-bed | 1,015 sqft | AED 2.05MAED 2,050,000 · Mar 2026March 2026 | 150,000 /yr | |
| 414 | 1-bed | 726 sqft | AED 1.35MAED 1,350,000 · Mar 2025March 2025 | 85,000 /yr | |
| 415 | 1-bed | 724 sqft | AED 660KAED 660,000 · May 2021May 2021 | 45,000 /yr | |
| 416 | 1-bed | 729 sqft | AED 1.12MAED 1,120,000 · Oct 2025October 2025 | 92,000 /yr | |
| 417 | 2-bed | 1,116 sqft | AED 1.31MAED 1,310,000 · Jan 2018January 2018 | 150,000 /yr | |
| 418 | 2-bed | 1,249 sqft | AED 1.16MAED 1,160,000 · Jun 2021June 2021 | 82,000 /yr | |
| 419 | 2-bed | 1,278 sqft | AED 1.47MAED 1,469,700 · Oct 2012October 2012 | 130,000 /yr | |
| 412A | Studio | 444 sqft | AED 575KAED 575,000 · Oct 2012October 2012 | 60,000 /yr | |
| 412B | Studio | 438 sqft | AED 750KAED 750,000 · Oct 2016October 2016 | 53,000 /yr | |
| 413A | Studio | 438 sqft | AED 800KAED 800,000 · Jun 2015June 2015 | 52,000 /yr | |
| 413B | Studio | 448 sqft | AED 580KAED 580,000 · Oct 2012October 2012 | 55,000 /yr |
402, Al Alka 1 in numbers
- Sold twice: first on 9 August 2012 for AED 907,350, last on 15 August 2016 for AED 1,000,000 (AED 1,266 per sqft).
- Rented since October 2016 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 45,000 in 2020 and recovered to AED 68,770 by November 2025.
- At AED 68,770 a year the gross yield on the 2016 price is 6.9%, 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 1 November 2025.
Questions about 402, Al Alka 1
What did unit 402 last sell for?
AED 1,000,000 on 15 August 2016: AED 1,266 per sqft for 789 sqft. The unit has 2 registered sales; the first was AED 907,350 in August 2012.
What is the rent for unit 402?
AED 68,770 a year on the contract renewed on 1 November 2025. The previous contract, from November 2025, was AED 68,770; the unit has been rented since October 2016.
How big is unit 402?
789 sqft (73.3 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.
What is unit 402 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 402, Al Alka 1
Starts from the last sale price (AED 1M, 15 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →