718, Al Alka 1
Sold prices and rental history: sold twice, last in September 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 718, Al Alka 1
What is 718 worth today?
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Source: Dubai Land Department. Updated 1 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,250 sqft
- Floor
- 7th of 7
- Parking
- B-40
- Service charge
- AED 28,300 /yr
- Last sold
- AED 1.81M · September 2018
- Building
- Al Alka 1
About 718, Al Alka 1
718 is a two-bedroom apartment of 1,250 sqft on the 7th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 11 September 2018 for AED 1,808,719, or AED 1,446 per sqft, 31% above the AED 1,103 two-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 December 2025, is AED 165,000 a year: a gross yield of 9.1% on the 2018 price, before the service charge of about AED 28,300 a year.
Sales and rents for 718 over time
718 has sold twice; 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 718 sits
All 33 2-beds →718 last sold in September 2018 at AED 1,446 per sqft, 31% above what two-beds in Al Alka 1 were fetching at the time (AED 1,103). 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. 718's AED 165,000 is at the top 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 7th floor
All 118 units in Al Alka 1718, Al Alka 1 in numbers
- Sold twice: first on 8 August 2012 for AED 1,437,500, last on 11 September 2018 for AED 1,808,719 (AED 1,446 per sqft).
- Rented since August 2013 on 3 Ejari contracts. The rent fell from AED 170,000 to AED 125,000 in 2018 and recovered to AED 165,000 by December 2025.
- At AED 165,000 a year the gross yield on the 2018 price is 9.1%, 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 December 2025.
Questions about 718, Al Alka 1
What did unit 718 last sell for?
AED 1,808,719 on 11 September 2018: AED 1,446 per sqft for 1,250 sqft. The unit has 2 registered sales; the first was AED 1,437,500 in August 2012.
What is the rent for unit 718?
AED 165,000 a year on the contract signed on 1 December 2025. The previous contract, from February 2018, was AED 125,000; the unit has been rented since August 2013.
How big is unit 718?
1,250 sqft (116.1 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower.
What is unit 718 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 718, Al Alka 1
Starts from the last sale price (AED 1.81M, 11 September 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,808,719
- Deposit, UAE resident (20%)
- AED 361,744
- Deposit, non-resident (40%)
- AED 723,488
- Monthly over 25 years at 3.7%
- AED 7,400
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →