2-bed · 1,115 sqftAl Alka 1, The Greens · 6th floor

617, Al Alka 1

Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 21 April 2026
Last soldAED 1.3M9 June 2016
Current rentAED 116K /yr21 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Al Alka 1

What is 617 worth today?

Last sold for AED 1,300,000 in 2016

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21 Apr 2026RentedRenewal
AED 115,500/yr12 months · AED 104 per sqft
21 Apr 2025RentedRenewal
AED 110,000/yr12 months · AED 99 per sqft
21 Apr 2025RentedRenewal
AED 110,000/yr12 months · AED 99 per sqft
21 Apr 2024RentedNew contract
AED 110,000/yr12 months · AED 99 per sqft
1 Jan 2023RentedRenewal
AED 83,000/yr12 months · AED 74 per sqft
1 Jan 2022RentedRenewal
AED 72,000/yr12 months · AED 65 per sqft
1 Jan 2021RentedNew contract
AED 62,000/yr12 months · AED 56 per sqft
16 Mar 2019RentedRenewal
AED 95,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 21 April 2026.

Key facts

Type
2-bed apartment
Size
1,115 sqft
Floor
6th of 7
Parking
B-47
Service charge
AED 25,200 /yr
Last sold
AED 1.3M · June 2016
Building
Al Alka 1

About 617, Al Alka 1

617 is a two-bedroom apartment of 1,115 sqft on the 6th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 9 June 2016 for AED 1,300,000, or AED 1,165 per sqft.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 21 April 2026, is AED 115,500 a year: a gross yield of 8.9% on the 2016 price, before the service charge of about AED 25,200 a year.

Sales and rents for 617 over time

Sales
Unit 617, 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, December 2012: AED 1,338,000 (AED 1,199 per sqft)Sold, June 2016: AED 1,300,000 (AED 1,165 per sqft)

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

Rents
Unit 617, each contractTypical two-bed in Al Alka 1
100K200K2013201720212025Typical 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 125,000Renewal, March 2019: AED 95,000 a yearNew contract, January 2021: AED 62,000 a yearRenewal, January 2022: AED 72,000 a yearRenewal, January 2023: AED 83,000 a yearNew contract, April 2024: AED 110,000 a yearRenewal, April 2025: AED 110,000 a yearRenewal, April 2025: AED 110,000 a yearRenewal, April 2026: AED 115,500 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 617 sits

All 33 2-beds →

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. 617's AED 115,500 is in the lower 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 6th floor

All 118 units in Al Alka 1
Value
6151-bedAED 1.32M · Jan 2026
6161-bedAED 910K · Oct 2023
6182-bedAED 1.5M · Mar 2017
6192-bedAED 2.23M · Mar 2026

617, Al Alka 1 in numbers

  • Sold twice: first on 19 December 2012 for AED 1,338,000, last on 9 June 2016 for AED 1,300,000 (AED 1,165 per sqft).
  • Rented since March 2019 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 62,000 in 2021 and recovered to AED 115,500 by April 2026.
  • At AED 115,500 a year the gross yield on the 2016 price is 8.9%, before a service charge of about AED 25,200 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 21 April 2026.

Questions about 617, Al Alka 1

What did unit 617 last sell for?

AED 1,300,000 on 9 June 2016: AED 1,165 per sqft for 1,115 sqft. The unit has 2 registered sales; the first was AED 1,338,000 in December 2012.

What is the rent for unit 617?

AED 115,500 a year on the contract renewed on 21 April 2026. The previous contract, from April 2025, was AED 110,000; the unit has been rented since March 2019.

How big is unit 617?

1,115 sqft (103.6 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower.

What is unit 617 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 617, Al Alka 1

Starts from the last sale price (AED 1.3M, 9 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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