1-bed · 788 sqftAl Alka 1, The Greens · 4th floor

403, Al Alka 1

Sold prices and rental history: sold 3 times, last in March 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 29 March 2017
Last soldAED 1.15M29 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Al Alka 1

What is 403 worth today?

Last sold for AED 1,150,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

29 Mar 2017SoldReady
AED 1,150,000AED 1,459 per sqft
12 Dec 2013SoldReady
AED 1,200,000AED 1,522 per sqft
7 Oct 2012Sold by developerReady
AED 906,200AED 1,149 per sqft

Source: Dubai Land Department. Updated 29 March 2017.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
4th of 7
Parking
B-94
Service charge
AED 17,800 /yr
Last sold
AED 1.15M · March 2017
Building
Al Alka 1

About 403, Al Alka 1

403 is a one-bedroom apartment of 788 sqft on the 4th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 29 March 2017 for AED 1,150,000, or AED 1,459 per sqft, 6% above the AED 1,375 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 403 over time

Sales
Unit 403, 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, October 2012: AED 906,200 (AED 1,149 per sqft)Sold, December 2013: AED 1,200,000 (AED 1,522 per sqft)Sold, March 2017: AED 1,150,000 (AED 1,459 per sqft)

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

Rents
Unit 403, 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 80,000

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 403 sits

All 65 1-beds →

403 last sold in March 2017 at AED 1,459 per sqft, 6% above what one-beds in Al Alka 1 were fetching at the time (AED 1,375). 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.

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
4011-bedAED 910K · Sep 2012
4021-bedAED 1M · Aug 2016
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

403, Al Alka 1 in numbers

  • Sold 3 times: first on 7 October 2012 for AED 906,200, last on 29 March 2017 for AED 1,150,000 (AED 1,459 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 29 March 2017.

Questions about 403, Al Alka 1

What did unit 403 last sell for?

AED 1,150,000 on 29 March 2017: AED 1,459 per sqft for 788 sqft. The unit has 3 registered sales; the first was AED 906,200 in October 2012.

How big is unit 403?

788 sqft (73.2 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 403 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.

Selling 403? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 403, Al Alka 1

Starts from the last sale price (AED 1.15M, 29 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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