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1-bed · 723 sqftAl Alka 1, The Greens · 7th floor

715, Al Alka 1

Sold prices and rental history: sold 3 times, last in September 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 715 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.1M26 September 2024
Current rentAED 80K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 715, Al Alka 1

What is 715 worth today?

Last sold for AED 1,100,000 in 2024

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1 Sep 2025RentedNew contract
AED 80,000/yr12 months · AED 111 per sqft
26 Sep 2024SoldReady
AED 1,100,000AED 1,520 per sqft
25 Feb 2022RentedNew contract
AED 51,750/yr12 months · AED 72 per sqft
26 Jun 2014SoldReady
AED 1,175,000AED 1,624 per sqft
20 Sep 2012Sold by developerReady
AED 831,450AED 1,149 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
723 sqft
Floor
7th of 7
Parking
B-71
Service charge
AED 16,400 /yr
Last sold
AED 1.1M · September 2024
Building
Al Alka 1

About 715, Al Alka 1

715 is a one-bedroom apartment of 723 sqft on the 7th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 26 September 2024 for AED 1,100,000, or AED 1,520 per sqft, 6% above the AED 1,436 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 September 2025, is AED 80,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 16,400 a year.

Sales and rents for 715 over time

Sales
Unit 715, 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, September 2012: AED 831,450 (AED 1,149 per sqft)Sold, June 2014: AED 1,175,000 (AED 1,624 per sqft)Sold, September 2024: AED 1,100,000 (AED 1,520 per sqft)

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

Rents
Unit 715, 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, February 2022: AED 51,750 a yearNew contract, September 2025: AED 80,000 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 715 sits

All 65 1-beds →

715 last sold in September 2024 at AED 1,520 per sqft, 6% above what one-beds in Al Alka 1 were fetching at the time (AED 1,436). 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. 715's AED 80,000 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 7th floor

All 118 units in Al Alka 1
Value
7161-bedAED 935K · Mar 2016
7172-bedAED 1.15M · May 2022
7182-bedAED 1.81M · Sep 2018
7192-bedAED 1.1M · May 2021

715, Al Alka 1 in numbers

  • Sold 3 times: first on 20 September 2012 for AED 831,450, last on 26 September 2024 for AED 1,100,000 (AED 1,520 per sqft).
  • Rented since February 2022 on 2 Ejari contracts, from AED 51,750 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 7.3%, 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 1 September 2025.

Questions about 715, Al Alka 1

What did unit 715 last sell for?

AED 1,100,000 on 26 September 2024: AED 1,520 per sqft for 723 sqft. The unit has 3 registered sales; the first was AED 831,450 in September 2012.

What is the rent for unit 715?

AED 80,000 a year on the contract signed on 1 September 2025. The previous contract, from February 2022, was AED 51,750.

How big is unit 715?

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

What is unit 715 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 715, Al Alka 1

Starts from the last sale price (AED 1.1M, 26 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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