Studio · 444 sqftAl Alka 1, The Greens · 4th floor

412A, Al Alka 1

Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412A · DLD and Ejari recordsUpdated 27 October 2025
Last soldAED 575K31 October 2012
Current rentAED 60K /yr27 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412A, Al Alka 1

What is 412A worth today?

Last sold for AED 575,000 in 2012

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27 Oct 2025RentedRenewal
AED 60,000/yr12 months · AED 135 per sqft
27 Oct 2024RentedNew contract
AED 55,000/yr12 months · AED 124 per sqft
25 Oct 2023RentedNew contract
AED 55,000/yr12 months · AED 124 per sqft
20 Oct 2022RentedRenewal
AED 40,700/yr12 months · AED 92 per sqft
20 Oct 2021RentedNew contract
AED 37,000/yr12 months · AED 84 per sqft
15 Sep 2020RentedNew contract
AED 35,000/yr12 months · AED 79 per sqft
1 Sep 2019RentedRenewal
AED 46,000/yr12 months · AED 104 per sqft
1 Sep 2018RentedNew contract
AED 51,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 27 October 2025.

Key facts

Type
Studio apartment
Size
444 sqft
Floor
4th of 7
Parking
B-234
Service charge
AED 10,000 /yr
Last sold
AED 575K · October 2012
Building
Al Alka 1

About 412A, Al Alka 1

412A is a studio of 444 sqft on the 4th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 31 October 2012 for AED 575,000, or AED 1,295 per sqft, 13% above the AED 1,151 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 27 October 2025, is AED 60,000 a year: a gross yield of 10.4% on the 2012 price, before the service charge of about AED 10,000 a year.

Sales and rents for 412A over time

Sales
Unit 412A, each saleTypical studio in Al Alka 1
600K800K201220142016Typical sale price by year: 2012 AED 523,520; 2013 AED 655,000; 2015 AED 780,000; 2016 AED 725,000Sold by developer, September 2012: AED 510,600 (AED 1,150 per sqft)Sold, October 2012: AED 575,000 (AED 1,295 per sqft)

412A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 412A, each contractTypical studio in Al Alka 1
40K60K80K20152018202120242027Typical rent by year: 2015 AED 74,000; 2016 AED 70,000; 2017 AED 60,000; 2018 AED 51,000; 2019 AED 45,000; 2020 AED 36,000; 2021 AED 36,000; 2022 AED 44,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 62,326; 2026 AED 57,375New contract, September 2018: AED 51,000 a yearRenewal, September 2019: AED 46,000 a yearNew contract, September 2020: AED 35,000 a yearNew contract, October 2021: AED 37,000 a yearRenewal, October 2022: AED 40,700 a yearNew contract, October 2023: AED 55,000 a yearNew contract, October 2024: AED 55,000 a yearRenewal, October 2025: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Alka 1, and where 412A sits

All 20 studios →

412A last sold in October 2012 at AED 1,295 per sqft, 13% above what studios in Al Alka 1 were fetching at the time (AED 1,151). Over the last 12 months studios sold for AED 825,000 to 885,000, around AED 1,919 per sqft, and rent for AED 45,000 to 80,000 a year. 412A's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
31 Jul 2026825,000
12 Feb 2026885,000
30 Apr 2025865,000
15 Jan 2024510,000
2 studio 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
4041-bedAED 710K · Apr 2021
4052-bedAED 1M · Jun 2018
4061-bedAED 725K · Apr 2019
4071-bedAED 970K · Sep 2023
1–7 of 20

412A, Al Alka 1 in numbers

  • Sold twice: first on 3 September 2012 for AED 510,600, last on 31 October 2012 for AED 575,000 (AED 1,295 per sqft).
  • Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 51,000 to AED 35,000 in 2020 and recovered to AED 60,000 by October 2025.
  • At AED 60,000 a year the gross yield on the 2012 price is 10.4%, before a service charge of about AED 10,000 a year (AED 22.63 per sqft).
  • Studios in Al Alka 1 sold for AED 825,000–885,000 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 October 2025.

Questions about 412A, Al Alka 1

What did unit 412A last sell for?

AED 575,000 on 31 October 2012: AED 1,295 per sqft for 444 sqft. The unit has 2 registered sales; the first was AED 510,600 in September 2012.

What is the rent for unit 412A?

AED 60,000 a year on the contract renewed on 27 October 2025. The previous contract, from October 2024, was AED 55,000; the unit has been rented since September 2018.

How big is unit 412A?

444 sqft (41.2 sqm): a studio on the 4th floor of a 7-storey tower.

What is unit 412A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Alka 1 sold for AED 825,000 to 885,000 in the last 12 months, around AED 1,919 per sqft.

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Mortgage on 412A, Al Alka 1

Starts from the last sale price (AED 575K, 31 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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