2-bed · 1,093 sqftAl Alka 3, The Greens · 2nd floor

211, Al Alka 3

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 1.55M28 November 2024
Current rentAED 80K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Al Alka 3

What is 211 worth today?

Last sold for AED 1,550,000 in 2024

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28 Nov 2024SoldReady
AED 1,550,000AED 1,418 per sqft
1 Jun 2023RentedRenewal
AED 80,000/yr12 months · AED 73 per sqft
1 Jun 2022RentedNew contract
AED 76,000/yr12 months · AED 69 per sqft
24 Nov 2020RentedRenewal
AED 58,000/yr12 months · AED 53 per sqft
24 Nov 2019RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft
13 Dec 2017RentedNew contract
AED 102,000/yr12 months · AED 93 per sqft
1 Jul 2015RentedNew contract
AED 120,000/yr6 months · AED 109 per sqft
30 Jun 2014RentedNew contract
AED 119,337/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
2-bed apartment
Size
1,093 sqft
Floor
2nd of 41
Parking
B-191
Service charge
AED 24,700 /yr
Last sold
AED 1.55M · November 2024
Building
Al Alka 3

About 211, Al Alka 3

211 is a two-bedroom apartment of 1,093 sqft on the 2nd floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 28 November 2024 for AED 1,550,000, or AED 1,418 per sqft, 10% above the AED 1,289 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 80,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 24,700 a year.

Sales and rents for 211 over time

Sales
Unit 211, each saleTypical two-bed in Al Alka 3
1M2M2008201320182023Typical sale price by year: 2008 AED 1,500,000; 2009 AED 1,352,894; 2010 AED 1,051,944; 2011 AED 1,150,000; 2012 AED 1,275,000; 2013 AED 1,540,000; 2014 AED 1,175,000; 2015 AED 1,400,000; 2017 AED 1,625,000; 2021 AED 1,300,000; 2022 AED 1,457,500; 2023 AED 1,575,000; 2024 AED 1,600,000; 2025 AED 2,105,000; 2026 AED 2,600,000Sold by developer, March 2010: AED 1,303,888 (AED 1,192 per sqft)Sold, November 2024: AED 1,550,000 (AED 1,418 per sqft)

211 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 211, each contractTypical two-bed in Al Alka 3
50K100K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 110,000; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 130,000; 2017 AED 117,000; 2018 AED 114,814; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 86,250; 2023 AED 96,031; 2024 AED 110,200; 2025 AED 125,000; 2026 AED 120,000New contract, June 2014: AED 119,337 a yearNew contract, July 2015: AED 120,000 a yearNew contract, December 2017: AED 102,000 a yearNew contract, November 2019: AED 70,000 a yearRenewal, November 2020: AED 58,000 a yearNew contract, June 2022: AED 76,000 a yearRenewal, June 2023: AED 80,000 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 3, and where 211 sits

All 33 2-beds →

211 last sold in November 2024 at AED 1,418 per sqft, 10% above what two-beds in Al Alka 3 were fetching at the time (AED 1,289). Over the last 12 months two-beds sold for AED 2,140,000 to 3,100,000, around AED 1,664 per sqft, and rent for AED 100,000 to 162,000 a year. 211's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jun 20262,140,000
21 Apr 20263,100,000
4 Feb 20262,600,000
17 Jun 20252,150,000
3 2-bed sales in the last 12 months

Al Alka 3

Building

117 apartments, studios to 2-bed over 41 floors in The Greens. 11 sold in the last 12 months.

Typical price per sqft
AED 1,758 Up 10.5%
Typical sale
AED 1.55M
Typical rent
AED 90K /yr
Typical yield
6.0%
Al Alka 3, The Greens: prices, sales and rents →

Other units on the 2nd floor

All 117 units in Al Alka 3
Value
2011-bedAED 1.05M · Oct 2024
2021-bedAED 1.26M · Jul 2014
2031-bedAED 457K · Aug 2011
2041-bedAED 770K · Aug 2021
2052-bedAED 2.6M · Feb 2026
2061-bedAED 1.05M · Apr 2017
2071-bedAED 850K · Apr 2023
1–7 of 16

211, Al Alka 3 in numbers

  • Sold twice: first on 9 March 2010 for AED 1,303,888, last on 28 November 2024 for AED 1,550,000 (AED 1,418 per sqft).
  • Rented since June 2014 on 7 Ejari contracts. The rent fell from AED 119,337 to AED 58,000 in 2020 and recovered to AED 80,000 by June 2023.
  • At AED 80,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 24,700 a year (AED 22.63 per sqft).
  • Two-beds in Al Alka 3 sold for AED 2,140,000–3,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,758 per sqft.

Source: Dubai Land Department. Updated 28 November 2024.

Questions about 211, Al Alka 3

What did unit 211 last sell for?

AED 1,550,000 on 28 November 2024: AED 1,418 per sqft for 1,093 sqft. The unit has 2 registered sales; the first was AED 1,303,888 in March 2010.

What is the rent for unit 211?

AED 80,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 76,000; the unit has been rented since June 2014.

How big is unit 211?

1,093 sqft (101.5 sqm): a two-bedroom apartment on the 2nd floor of a 41-storey tower.

What is unit 211 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 3 sold for AED 2,140,000 to 3,100,000 in the last 12 months, around AED 1,664 per sqft.

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Mortgage on 211, Al Alka 3

Starts from the last sale price (AED 1.55M, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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