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

404, Al Alka 1

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

Unit 404 · DLD and Ejari recordsUpdated 25 October 2025
Last soldAED 710K28 April 2021
Current rentAED 72K /yr25 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Al Alka 1

What is 404 worth today?

Last sold for AED 710,000 in 2021

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25 Oct 2025RentedRenewal
AED 72,000/yr9 months · AED 92 per sqft
25 Oct 2024RentedNew contract
AED 72,000/yr12 months · AED 92 per sqft
17 Sep 2023RentedRenewal
AED 71,000/yr12 months · AED 90 per sqft
17 Sep 2022RentedNew contract
AED 71,000/yr12 months · AED 90 per sqft
28 Apr 2021SoldReady
AED 710,000AED 901 per sqft
20 Mar 2019RentedNew contract
AED 70,000/yr12 months · AED 89 per sqft
12 Jan 2018RentedNew contract
AED 80,000/yr12 months · AED 102 per sqft
3 Oct 2012Sold by developerReady
AED 906,200AED 1,150 per sqft

Source: Dubai Land Department. Updated 25 October 2025.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
4th of 7
Parking
B-95
Service charge
AED 17,800 /yr
Last sold
AED 710K · April 2021
Building
Al Alka 1

About 404, Al Alka 1

404 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 28 April 2021 for AED 710,000, or AED 901 per sqft, 3% above the AED 871 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 25 October 2025, is AED 72,000 a year: a gross yield of 10.1% on the 2021 price, before the service charge of about AED 17,800 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 1,150 per sqft)Sold, April 2021: AED 710,000 (AED 901 per sqft)

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

Rents
Unit 404, 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, January 2018: AED 80,000 a yearNew contract, March 2019: AED 70,000 a yearNew contract, September 2022: AED 71,000 a yearRenewal, September 2023: AED 71,000 a yearNew contract, October 2024: AED 72,000 a yearRenewal, October 2025: AED 72,000 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 404 sits

All 65 1-beds →

404 last sold in April 2021 at AED 901 per sqft, 3% above what one-beds in Al Alka 1 were fetching at the time (AED 871). 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. 404's AED 72,000 is in the lower half 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
4011-bedAED 910K · Sep 2012
4021-bedAED 1M · Aug 2016
4031-bedAED 1.15M · Mar 2017
4052-bedAED 1M · Jun 2018
4061-bedAED 725K · Apr 2019
4071-bedAED 970K · Sep 2023
4081-bedAED 750K · May 2019
1–7 of 20

404, Al Alka 1 in numbers

  • Sold twice: first on 3 October 2012 for AED 906,200, last on 28 April 2021 for AED 710,000 (AED 901 per sqft).
  • Rented since January 2018 on 6 Ejari contracts, from AED 80,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2021 price is 10.1%, before a service charge of about AED 17,800 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 25 October 2025.

Questions about 404, Al Alka 1

What did unit 404 last sell for?

AED 710,000 on 28 April 2021: AED 901 per sqft for 788 sqft. The unit has 2 registered sales; the first was AED 906,200 in October 2012.

What is the rent for unit 404?

AED 72,000 a year on the contract renewed on 25 October 2025. The previous contract, from October 2024, was AED 72,000; the unit has been rented since January 2018.

How big is unit 404?

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

What is unit 404 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 404, Al Alka 1

Starts from the last sale price (AED 710K, 28 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 710,000
Deposit, UAE resident (20%)
AED 142,000
Deposit, non-resident (40%)
AED 284,000
Monthly over 25 years at 3.7%
AED 2,905

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