2-bed · 1,250 sqftAl Alka 1, The Greens · 6th floor

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.

Unit 618 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1.5M9 March 2017
Current rentAED 125K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 618, Al Alka 1

What is 618 worth today?

Last sold for AED 1,500,000 in 2017

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1 Feb 2026RentedNew contract
AED 125,000/yr12 months · AED 100 per sqft
5 Jun 2025RentedRenewal
AED 110,000/yr12 months · AED 88 per sqft
5 Jun 2025RentedRenewal
AED 110,000/yr12 months · AED 88 per sqft
5 Jun 2024RentedRenewal
AED 110,000/yr12 months · AED 88 per sqft
5 Jun 2023RentedNew contract
AED 110,000/yr12 months · AED 88 per sqft
28 Sep 2022RentedNew contract
AED 100,000/yr12 months · AED 80 per sqft
28 Sep 2021RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft
15 Jan 2020RentedNew contract
AED 85,000/yr12 months · AED 68 per sqft

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

Sales
Unit 618, 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, October 2012: AED 1,437,500 (AED 1,149 per sqft)Sold, June 2015: AED 1,640,000 (AED 1,311 per sqft)Sold, March 2017: AED 1,500,000 (AED 1,199 per sqft)

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

Rents
Unit 618, 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 125,000New contract, October 2015: AED 206,899 a yearNew contract, January 2018: AED 140,000 a yearNew contract, January 2020: AED 85,000 a yearNew contract, September 2021: AED 80,000 a yearNew contract, September 2022: AED 100,000 a yearNew contract, June 2023: AED 110,000 a yearRenewal, June 2024: AED 110,000 a yearRenewal, June 2025: AED 110,000 a yearRenewal, June 2025: AED 110,000 a yearNew contract, February 2026: AED 125,000 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 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 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
6172-bedAED 1.3M · Jun 2016
6192-bedAED 2.23M · Mar 2026

618, 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 →