716, Al Alka 1
Sold prices and rental history: sold twice, last in March 2016, 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 716, Al Alka 1
What is 716 worth today?
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Source: Dubai Land Department. Updated 28 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 728 sqft
- Floor
- 7th of 7
- Parking
- B-72
- Service charge
- AED 16,500 /yr
- Last sold
- AED 935K · March 2016
- Building
- Al Alka 1
About 716, Al Alka 1
716 is a one-bedroom apartment of 728 sqft on the 7th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 13 March 2016 for AED 935,000, or AED 1,284 per sqft, 10% below the AED 1,427 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 28 September 2026, is AED 68,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 16,500 a year.
Sales and rents for 716 over time
716 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 716 sits
All 65 1-beds →716 last sold in March 2016 at AED 1,284 per sqft, 10% below what one-beds in Al Alka 1 were fetching at the time (AED 1,427). 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. 716's AED 68,000 is at the bottom 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 7th floor
All 118 units in Al Alka 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 715 | 1-bed | 723 sqft | AED 1.1MAED 1,100,000 · Sep 2024September 2024 | 80,000 /yr | |
| 717 | 2-bed | 1,115 sqft | AED 1.15MAED 1,150,000 · May 2022May 2022 | 88,000 /yr | |
| 718 | 2-bed | 1,250 sqft | AED 1.81MAED 1,808,719 · Sep 2018September 2018 | 165,000 /yr | |
| 719 | 2-bed | 1,276 sqft | AED 1.1MAED 1,100,000 · May 2021May 2021 | 90,000 /yr |
716, Al Alka 1 in numbers
- Sold twice: first on 26 August 2012 for AED 837,200, last on 13 March 2016 for AED 935,000 (AED 1,284 per sqft).
- Rented since December 2015 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 52,000 in 2021 and recovered to AED 68,000 by September 2026.
- At AED 68,000 a year the gross yield on the 2016 price is 7.3%, 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 28 September 2026.
Questions about 716, Al Alka 1
What did unit 716 last sell for?
AED 935,000 on 13 March 2016: AED 1,284 per sqft for 728 sqft. The unit has 2 registered sales; the first was AED 837,200 in August 2012.
What is the rent for unit 716?
AED 68,000 a year on the contract signed on 28 September 2026. The previous contract, from September 2025, was AED 77,000; the unit has been rented since December 2015.
How big is unit 716?
728 sqft (67.6 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower.
What is unit 716 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 716, Al Alka 1
Starts from the last sale price (AED 935K, 13 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 935,000
- Deposit, UAE resident (20%)
- AED 187,000
- Deposit, non-resident (40%)
- AED 374,000
- Monthly over 25 years at 3.7%
- AED 3,825
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →