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2-bed · 1,278 sqftAl Alka 1, The Greens · 4th floor

419, Al Alka 1

Sold prices and rental history: sold once, by the developer 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 419 · DLD and Ejari recordsUpdated 5 November 2026
Last soldAED 1.47M2 October 2012
Current rentAED 130K /yr5 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 419, Al Alka 1

What is 419 worth today?

Last sold for AED 1,469,700 in 2012

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5 Nov 2026RentedRenewal
AED 130,000/yr12 months · AED 102 per sqft
5 Nov 2025RentedRenewal
AED 138,500/yr12 months · AED 109 per sqft
5 Nov 2024RentedRenewal
AED 138,500/yr12 months · AED 108 per sqft
5 Nov 2023RentedRenewal
AED 132,000/yr12 months · AED 103 per sqft
5 Nov 2022RentedNew contract
AED 132,000/yr12 months · AED 103 per sqft
1 May 2022RentedRenewal
AED 105,000/yr6 months · AED 82 per sqft
1 Nov 2021RentedRenewal
AED 105,000/yr6 months · AED 82 per sqft
1 Nov 2020RentedRenewal
AED 105,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 5 November 2026.

Key facts

Type
2-bed apartment
Size
1,278 sqft
Floor
4th of 7
Parking
B-35
Service charge
AED 28,900 /yr
Last sold
AED 1.47M · October 2012
Building
Al Alka 1

About 419, Al Alka 1

419 is a two-bedroom apartment of 1,278 sqft on the 4th floor of Al Alka 1, a 7-storey tower in The Greens. The developer sold it on 2 October 2012 for AED 1,469,700, or AED 1,150 per sqft, in line with the AED 1,149 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, renewed on 5 November 2026, is AED 130,000 a year: a gross yield of 8.8% on the 2012 price, before the service charge of about AED 28,900 a year.

Sales and rents for 419 over time

Sales
Unit 419, each saleTypical two-bed in Al Alka 1
1M1.5M2M2012201620202024Typical sale price by year: 2012 AED 1,436,350; 2013 AED 1,640,000; 2017 AED 1,500,000; 2018 AED 1,227,000; 2019 AED 1,208,000; 2021 AED 1,160,000; 2022 AED 1,190,000; 2024 AED 1,675,000; 2026 AED 2,050,000Sold by developer, October 2012: AED 1,469,700 (AED 1,150 per sqft)

419 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 419, each contractTypical two-bed in Al Alka 1
100K150K200K2013201720212025Typical rent by year: 2013 AED 157,500; 2014 AED 187,079; 2015 AED 185,657; 2016 AED 162,856; 2017 AED 141,138; 2018 AED 113,500; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 88,000; 2023 AED 98,700; 2024 AED 110,000; 2025 AED 125,000; 2026 AED 125,000New contract, January 2018: AED 165,281 a yearNew contract, November 2018: AED 110,000 a yearRenewal, November 2019: AED 110,000 a yearRenewal, November 2020: AED 105,000 a yearRenewal, November 2021: AED 105,000 a yearRenewal, May 2022: AED 105,000 a yearNew contract, November 2022: AED 132,000 a yearRenewal, November 2023: AED 132,000 a yearRenewal, November 2024: AED 138,500 a yearRenewal, November 2025: AED 138,500 a yearRenewal, November 2026: AED 130,000 a year

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 419 sits

All 33 2-beds →

419 last sold in October 2012 at AED 1,150 per sqft, in line with what two-beds in Al Alka 1 were fetching at the time (AED 1,149). 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. 419's AED 130,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Sep 20262,550,000
4 Jun 20261,940,000
24 Mar 20262,050,000
3 Mar 20262,225,000
6 2-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
4041-bedAED 710K · Apr 2021
4052-bedAED 1M · Jun 2018
4061-bedAED 725K · Apr 2019
4071-bedAED 970K · Sep 2023
1–7 of 20

419, Al Alka 1 in numbers

  • Sold once: by the developer on 2 October 2012 for AED 1,469,700, or AED 1,150 per sqft.
  • Rented since January 2018 on 11 Ejari contracts. The rent fell from AED 165,281 to AED 105,000 in 2022 and recovered to AED 130,000 by November 2026.
  • At AED 130,000 a year the gross yield on the 2012 price is 8.8%, before a service charge of about AED 28,900 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 5 November 2026.

Questions about 419, Al Alka 1

What did unit 419 last sell for?

AED 1,469,700 on 2 October 2012, sold by the developer: AED 1,150 per sqft for 1,278 sqft. It is the only registered sale of the unit.

What is the rent for unit 419?

AED 130,000 a year on the contract renewed on 5 November 2026. The previous contract, from November 2025, was AED 138,500; the unit has been rented since January 2018.

How big is unit 419?

1,278 sqft (118.7 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 419 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 419, Al Alka 1

Starts from the last sale price (AED 1.47M, 2 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,469,700
Deposit, UAE resident (20%)
AED 293,940
Deposit, non-resident (40%)
AED 587,880
Monthly over 25 years at 3.7%
AED 6,013

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