418, Al Alka 1
Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 418, Al Alka 1
What is 418 worth today?
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Source: Dubai Land Department. Updated 1 January 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,249 sqft
- Floor
- 4th of 7
- Parking
- B-34
- Service charge
- AED 28,300 /yr
- Last sold
- AED 1.16M · June 2021
- Building
- Al Alka 1
About 418, Al Alka 1
418 is a two-bedroom apartment of 1,249 sqft on the 4th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 29 June 2021 for AED 1,160,000, or AED 929 per sqft, 4% above the AED 896 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 82,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 28,300 a year.
Sales and rents for 418 over time
418 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Alka 1, and where 418 sits
All 33 2-beds →418 last sold in June 2021 at AED 929 per sqft, 4% above what two-beds in Al Alka 1 were fetching at the time (AED 896). Over the last 12 months two-beds sold for AED 1,830,000 to 2,550,000, around AED 1,692 per sqft, and rent for AED 70,000 to 165,000 a year. 418's AED 82,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Sep 202614 September 2026 | 1,389 sqft | 2,550,000 | 1,835 | ||
| 4 Jun 20264 June 2026 | 1,249 sqft | 1,940,000 | 1,553 | ||
| 24 Mar 202624 March 2026 | 1,015 sqft | 2,050,000 | 2,019 | ||
| 3 Mar 20263 March 2026 | 1,276 sqft | 2,225,000 | 1,743 |
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 | |
| 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 | |
| 412B | Studio | 438 sqft | AED 750KAED 750,000 · Oct 2016October 2016 | 53,000 /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 |
418, Al Alka 1 in numbers
- Sold 3 times: first on 28 November 2012 for AED 1,436,350, last on 29 June 2021 for AED 1,160,000 (AED 929 per sqft).
- Rented since July 2018 on 4 Ejari contracts, from AED 111,700 to AED 82,000 a year.
- At AED 82,000 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 28,300 a year (AED 22.63 per sqft).
- Two-beds in Al Alka 1 sold for AED 1,830,000–2,550,000 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 1 January 2022.
Questions about 418, Al Alka 1
What did unit 418 last sell for?
AED 1,160,000 on 29 June 2021: AED 929 per sqft for 1,249 sqft. The unit has 3 registered sales; the first was AED 1,436,350 in November 2012.
What is the rent for unit 418?
AED 82,000 a year on the contract renewed on 1 January 2022. The previous contract, from January 2021, was AED 76,000; the unit has been rented since July 2018.
How big is unit 418?
1,249 sqft (116.0 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower.
What is unit 418 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Alka 1 sold for AED 1,830,000 to 2,550,000 in the last 12 months, around AED 1,692 per sqft.
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Mortgage on 418, Al Alka 1
Starts from the last sale price (AED 1.16M, 29 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,160,000
- Deposit, UAE resident (20%)
- AED 232,000
- Deposit, non-resident (40%)
- AED 464,000
- Monthly over 25 years at 3.7%
- AED 4,746
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →