616, Al Alka 1
Sold prices and rental history: sold twice, last in October 2023, 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 616, Al Alka 1
What is 616 worth today?
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Source: Dubai Land Department. Updated 7 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 728 sqft
- Floor
- 6th of 7
- Parking
- B-70
- Service charge
- AED 16,500 /yr
- Last sold
- AED 910K · October 2023
- Building
- Al Alka 1
About 616, Al Alka 1
616 is a one-bedroom apartment of 728 sqft on the 6th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 16 October 2023 for AED 910,000, or AED 1,250 per sqft, in line with the AED 1,250 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 7 November 2025, is AED 80,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 16,500 a year.
Sales and rents for 616 over time
616 has sold twice; the dashed line is the one-bed median of each year in the building.
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 616 sits
All 65 1-beds →616 last sold in October 2023 at AED 1,250 per sqft, in line with what one-beds in Al Alka 1 were fetching at the time (AED 1,250). 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. 616's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 729 sqft | 1,175,000 | 1,611 | ||
| 9 Sep 20269 September 2026 | 788 sqft | 1,200,000 | 1,522 | ||
| 26 Jun 202626 June 2026 | 726 sqft | 1,250,000 | 1,721 | ||
| 26 Mar 202626 March 2026 | 729 sqft | 1,450,000 | 1,988 |
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 6th floor
All 118 units in Al Alka 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 615 | 1-bed | 723 sqft | AED 1.32MAED 1,320,000 · Jan 2026January 2026 | 76,000 /yr | |
| 617 | 2-bed | 1,115 sqft | AED 1.3MAED 1,300,000 · Jun 2016June 2016 | 115,500 /yr | |
| 618 | 2-bed | 1,250 sqft | AED 1.5MAED 1,500,000 · Mar 2017March 2017 | 125,000 /yr | |
| 619 | 2-bed | 1,276 sqft | AED 2.23MAED 2,225,000 · Mar 2026March 2026 | 125,000 /yr |
616, Al Alka 1 in numbers
- Sold twice: first on 3 January 2013 for AED 873,600, last on 16 October 2023 for AED 910,000 (AED 1,250 per sqft).
- Rented since January 2018 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 47,000 in 2021 and recovered to AED 80,000 by November 2025.
- At AED 80,000 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 16,500 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 7 November 2025.
Questions about 616, Al Alka 1
What did unit 616 last sell for?
AED 910,000 on 16 October 2023: AED 1,250 per sqft for 728 sqft. The unit has 2 registered sales; the first was AED 873,600 in January 2013.
What is the rent for unit 616?
AED 80,000 a year on the contract renewed on 7 November 2025. The previous contract, from November 2024, was AED 80,000; the unit has been rented since January 2018.
How big is unit 616?
728 sqft (67.6 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower.
What is unit 616 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 616, Al Alka 1
Starts from the last sale price (AED 910K, 16 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 910,000
- Deposit, UAE resident (20%)
- AED 182,000
- Deposit, non-resident (40%)
- AED 364,000
- Monthly over 25 years at 3.7%
- AED 3,723
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →