519, Al Alka 1
Sold prices and rental history: sold twice, last in March 2020, and rented once, from May 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 519, Al Alka 1
What is 519 worth today?
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Source: Dubai Land Department. Updated 1 May 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,276 sqft
- Floor
- 5th of 7
- Parking
- B-37
- Service charge
- AED 28,900 /yr
- Last sold
- AED 1.05M · March 2020
- Building
- Al Alka 1
About 519, Al Alka 1
519 is a two-bedroom apartment of 1,276 sqft on the 5th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 12 March 2020 for AED 1,050,000, or AED 822 per sqft, 6% below the AED 875 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 May 2020. The current contract, signed on 1 May 2020, is AED 100,000 a year: a gross yield of 9.5% on the 2020 price, before the service charge of about AED 28,900 a year.
Sales and rents for 519 over time
519 has sold twice; 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 519 sits
All 33 2-beds →519 last sold in March 2020 at AED 822 per sqft, 6% below what two-beds in Al Alka 1 were fetching at the time (AED 875). 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. 519's AED 100,000 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 5th floor
All 118 units in Al Alka 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 515 | 1-bed | 723 sqft | AED 1.03MAED 1,030,000 · Dec 2013December 2013 | 70,000 /yr | |
| 516 | 1-bed | 728 sqft | AED 874KAED 873,600 · Jan 2013January 2013 | 70,000 /yr | |
| 517 | 2-bed | 1,115 sqft | AED 1.48MAED 1,480,000 · Apr 2017April 2017 | 90,000 /yr | |
| 518 | 2-bed | 1,250 sqft | AED 1.7MAED 1,700,000 · Aug 2024August 2024 | 126,000 /yr |
519, Al Alka 1 in numbers
- Sold twice: first on 19 December 2012 for AED 1,531,200, last on 12 March 2020 for AED 1,050,000 (AED 822 per sqft).
- Rented since May 2020 on one Ejari contract, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2020 price is 9.5%, 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 1 May 2020.
Questions about 519, Al Alka 1
What did unit 519 last sell for?
AED 1,050,000 on 12 March 2020: AED 822 per sqft for 1,276 sqft. The unit has 2 registered sales; the first was AED 1,531,200 in December 2012.
What is the rent for unit 519?
AED 100,000 a year on the contract signed on 1 May 2020.
How big is unit 519?
1,276 sqft (118.5 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower.
What is unit 519 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 519, Al Alka 1
Starts from the last sale price (AED 1.05M, 12 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →