Studio · 448 sqftAl Alka 1, The Greens · 4th floor

413B, Al Alka 1

Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413B · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 580K22 October 2012
Current rentAED 55K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413B, Al Alka 1

What is 413B worth today?

Last sold for AED 580,000 in 2012

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15 Aug 2026RentedNew contract
AED 55,000/yr12 months · AED 122 per sqft
1 Nov 2025RentedRenewal
AED 66,000/yr6 months · AED 146 per sqft
4 Feb 2025RentedRenewal
AED 60,652/yr9 months · AED 134 per sqft
4 Feb 2025RentedRenewal
AED 60,652/yr9 months · AED 134 per sqft
4 Feb 2024RentedRenewal
AED 60,000/yr12 months · AED 133 per sqft
4 Feb 2024RentedRenewal
AED 60,000/yr12 months · AED 136 per sqft
4 Feb 2023RentedNew contract
AED 55,000/yr12 months · AED 122 per sqft
1 Feb 2022RentedNew contract
AED 41,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
Studio apartment
Size
448 sqft
Floor
4th of 7
Parking
B-231
Service charge
AED 10,100 /yr
Last sold
AED 580K · October 2012
Building
Al Alka 1

About 413B, Al Alka 1

413B is a studio of 448 sqft on the 4th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 22 October 2012 for AED 580,000, 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 2016 on 14 Ejari contracts. The current contract, signed on 15 August 2026, is AED 55,000 a year: a gross yield of 9.5% on the 2012 price, before the service charge of about AED 10,100 a year.

Sales and rents for 413B over time

Sales
Unit 413B, 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 515,200 (AED 1,151 per sqft)Sold, October 2012: AED 580,000 (AED 1,295 per sqft)

413B has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 413B, each contractTypical studio in Al Alka 1
40K60K80K2015201920232027Typical 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, October 2016: AED 70,000 a yearNew contract, November 2017: AED 60,000 a yearRenewal, November 2018: AED 60,000 a yearNew contract, February 2019: AED 50,000 a yearNew contract, February 2020: AED 45,000 a yearRenewal, February 2021: AED 35,000 a yearNew contract, February 2022: AED 41,000 a yearNew contract, February 2023: AED 55,000 a yearRenewal, February 2024: AED 60,000 a yearRenewal, February 2024: AED 60,000 a yearRenewal, February 2025: AED 60,652 a yearRenewal, February 2025: AED 60,652 a yearRenewal, November 2025: AED 66,000 a yearNew contract, August 2026: AED 55,000 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 413B sits

All 20 studios →

413B 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. 413B's AED 55,000 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

413B, Al Alka 1 in numbers

  • Sold twice: first on 3 September 2012 for AED 515,200, last on 22 October 2012 for AED 580,000 (AED 1,295 per sqft).
  • Rented since October 2016 on 14 Ejari contracts. The rent fell from AED 70,000 to AED 35,000 in 2021 and recovered to AED 55,000 by August 2026.
  • At AED 55,000 a year the gross yield on the 2012 price is 9.5%, before a service charge of about AED 10,100 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 15 August 2026.

Questions about 413B, Al Alka 1

What did unit 413B last sell for?

AED 580,000 on 22 October 2012: AED 1,295 per sqft for 448 sqft. The unit has 2 registered sales; the first was AED 515,200 in September 2012.

What is the rent for unit 413B?

AED 55,000 a year on the contract signed on 15 August 2026. The previous contract, from November 2025, was AED 66,000; the unit has been rented since October 2016.

How big is unit 413B?

448 sqft (41.6 sqm): a studio on the 4th floor of a 7-storey tower.

What is unit 413B 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 413B, Al Alka 1

Starts from the last sale price (AED 580K, 22 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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