412B, Al Alka 1
Sold prices and rental history: sold 3 times, last in October 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 412B, Al Alka 1
What is 412B worth today?
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Source: Dubai Land Department. Updated 12 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 438 sqft
- Floor
- 4th of 7
- Parking
- B-233
- Service charge
- AED 9,900 /yr
- Last sold
- AED 750K · October 2016
- Building
- Al Alka 1
About 412B, Al Alka 1
412B is a studio of 438 sqft on the 4th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 30 October 2016 for AED 750,000, or AED 1,714 per sqft.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 12 September 2026, is AED 53,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 9,900 a year.
Sales and rents for 412B over time
412B has sold 3 times; the dashed line is the studio median of each year in the building.
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 412B sits
All 20 studios →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. 412B's AED 53,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Jul 202631 July 2026 | 448 sqft | 825,000 | 1,843 | ||
| 12 Feb 202612 February 2026 | 444 sqft | 885,000 | 1,994 | ||
| 30 Apr 202530 April 2025 | 438 sqft | 865,000 | 1,976 | ||
| 15 Jan 202415 January 2024 | 444 sqft | 510,000 | 1,147 |
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 | |
| 402 | 1-bed | 789 sqft | AED 1MAED 1,000,000 · Aug 2016August 2016 | 68,770 /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 | |
| 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 |
412B, Al Alka 1 in numbers
- Sold 3 times: first on 9 August 2012 for AED 503,700, last on 30 October 2016 for AED 750,000 (AED 1,714 per sqft).
- Rented since December 2015 on 10 Ejari contracts. The rent fell from AED 74,000 to AED 33,000 in 2020 and recovered to AED 53,000 by September 2026.
- At AED 53,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 9,900 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 12 September 2026.
Questions about 412B, Al Alka 1
What did unit 412B last sell for?
AED 750,000 on 30 October 2016: AED 1,714 per sqft for 438 sqft. The unit has 3 registered sales; the first was AED 503,700 in August 2012.
What is the rent for unit 412B?
AED 53,000 a year on the contract signed on 12 September 2026. The previous contract, from January 2025, was AED 67,000; the unit has been rented since December 2015.
How big is unit 412B?
438 sqft (40.7 sqm): a studio on the 4th floor of a 7-storey tower.
What is unit 412B 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 412B, Al Alka 1
Starts from the last sale price (AED 750K, 30 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →