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1-bed · 723 sqftAl Alka 1, The Greens · 6th floor

615, Al Alka 1

Sold prices and rental history: sold 3 times, last in January 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 615 · DLD and Ejari recordsUpdated 9 January 2026
Last soldAED 1.32M9 January 2026
Current rentAED 76K /yr7 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 615, Al Alka 1

What is 615 worth today?

Last sold for AED 1,320,000 in 2026

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9 Jan 2026SoldReady
AED 1,320,000AED 1,824 per sqft
7 Feb 2025RentedNew contract
AED 76,000/yr12 months · AED 105 per sqft
7 Feb 2025RentedNew contract
AED 76,000/yr12 months · AED 105 per sqft
29 Dec 2023RentedNew contract
AED 80,000/yr12 months · AED 111 per sqft
20 Nov 2020RentedNew contract
AED 44,000/yr12 months · AED 61 per sqft
2 Feb 2020RentedRenewal
AED 70,000/yr12 months · AED 97 per sqft
2 Feb 2019RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
1 Mar 2018RentedNew contract
AED 75,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 9 January 2026.

Key facts

Type
1-bed apartment
Size
723 sqft
Floor
6th of 7
Parking
B-69
Service charge
AED 16,400 /yr
Last sold
AED 1.32M · January 2026
Building
Al Alka 1

About 615, Al Alka 1

615 is a one-bedroom apartment of 723 sqft on the 6th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 9 January 2026 for AED 1,320,000, or AED 1,824 per sqft, 8% above the AED 1,687 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 7 February 2025, is AED 76,000 a year: a gross yield of 5.8% on the 2026 price, before the service charge of about AED 16,400 a year.

Sales and rents for 615 over time

Sales
Unit 615, each saleTypical one-bed in Al Alka 1
1M2012201620202024Typical sale price by year: 2012 AED 864,000; 2013 AED 960,000; 2014 AED 1,177,500; 2015 AED 1,137,500; 2016 AED 1,000,000; 2017 AED 1,040,000; 2018 AED 675,000; 2019 AED 725,000; 2021 AED 685,000; 2022 AED 780,000; 2023 AED 910,000; 2024 AED 1,100,000; 2025 AED 1,345,000; 2026 AED 1,320,000Sold by developer, December 2012: AED 832,000 (AED 1,150 per sqft)Sold, September 2013: AED 970,000 (AED 1,341 per sqft)Sold, January 2026: AED 1,320,000 (AED 1,824 per sqft)

615 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 615, each contractTypical one-bed in Al Alka 1
50K100K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 100,000; 2015 AED 120,000; 2016 AED 105,000; 2017 AED 92,000; 2018 AED 74,500; 2019 AED 65,500; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 59,600; 2023 AED 69,000; 2024 AED 73,500; 2025 AED 80,000; 2026 AED 80,000New contract, March 2018: AED 75,000 a yearNew contract, February 2019: AED 70,000 a yearRenewal, February 2020: AED 70,000 a yearNew contract, November 2020: AED 44,000 a yearNew contract, December 2023: AED 80,000 a yearNew contract, February 2025: AED 76,000 a yearNew contract, February 2025: AED 76,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Alka 1, and where 615 sits

All 65 1-beds →

615 last sold in January 2026 at AED 1,824 per sqft, 8% above what one-beds in Al Alka 1 were fetching at the time (AED 1,687). Over the last 12 months one-beds sold for AED 1,175,000 to 1,700,000, around AED 1,684 per sqft, and rent for AED 68,000 to 160,000 a year. 615's AED 76,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 20261,175,000
9 Sep 20261,200,000
26 Jun 20261,250,000
26 Mar 20261,450,000
10 1-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 6th floor

All 118 units in Al Alka 1
Value
6161-bedAED 910K · Oct 2023
6172-bedAED 1.3M · Jun 2016
6182-bedAED 1.5M · Mar 2017
6192-bedAED 2.23M · Mar 2026

615, Al Alka 1 in numbers

  • Sold 3 times: first on 10 December 2012 for AED 832,000, last on 9 January 2026 for AED 1,320,000 (AED 1,824 per sqft).
  • Rented since March 2018 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 44,000 in 2020 and recovered to AED 76,000 by February 2025.
  • At AED 76,000 a year the gross yield on the 2026 price is 5.8%, before a service charge of about AED 16,400 a year (AED 22.63 per sqft).
  • One-beds in Al Alka 1 sold for AED 1,175,000–1,700,000 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 9 January 2026.

Questions about 615, Al Alka 1

What did unit 615 last sell for?

AED 1,320,000 on 9 January 2026: AED 1,824 per sqft for 723 sqft. The unit has 3 registered sales; the first was AED 832,000 in December 2012.

What is the rent for unit 615?

AED 76,000 a year on the contract signed on 7 February 2025. The previous contract, from February 2025, was AED 76,000; the unit has been rented since March 2018.

How big is unit 615?

723 sqft (67.2 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower.

What is unit 615 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Alka 1 sold for AED 1,175,000 to 1,700,000 in the last 12 months, around AED 1,684 per sqft.

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Mortgage on 615, Al Alka 1

Starts from the last sale price (AED 1.32M, 9 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

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