
618, Al Alka 1
Sold prices and rental history: sold 3 times, last in March 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 618, Al Alka 1
What is 618 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,250 sqft
- Floor
- 6th of 7
- Parking
- B-38
- Service charge
- AED 28,300 /yr
- Last sold
- AED 1.5M · March 2017
- Building
- Al Alka 1
About 618, Al Alka 1
618 is a two-bedroom apartment of 1,250 sqft on the 6th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 9 March 2017 for AED 1,500,000, or AED 1,199 per sqft, in line with the AED 1,165 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 1 February 2026, is AED 125,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 28,300 a year.
Sales and rents for 618 over time
618 has sold 3 times; 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 618 sits
All 33 2-beds →618 last sold in March 2017 at AED 1,199 per sqft, in line with what two-beds in Al Alka 1 were fetching at the time (AED 1,165). 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. 618's AED 125,000 is in the upper 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 6th floor
All 118 units in Al Alka 1618, Al Alka 1 in numbers
- Sold 3 times: first on 4 October 2012 for AED 1,437,500, last on 9 March 2017 for AED 1,500,000 (AED 1,199 per sqft).
- Rented since October 2015 on 10 Ejari contracts. The rent fell from AED 206,899 to AED 80,000 in 2021 and recovered to AED 125,000 by February 2026.
- At AED 125,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 28,300 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 February 2026.
Questions about 618, Al Alka 1
What did unit 618 last sell for?
AED 1,500,000 on 9 March 2017: AED 1,199 per sqft for 1,250 sqft. The unit has 3 registered sales; the first was AED 1,437,500 in October 2012.
What is the rent for unit 618?
AED 125,000 a year on the contract signed on 1 February 2026. The previous contract, from June 2025, was AED 110,000; the unit has been rented since October 2015.
How big is unit 618?
1,250 sqft (116.1 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower.
What is unit 618 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 618, Al Alka 1
Starts from the last sale price (AED 1.5M, 9 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →