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Studio · 433 sqftAl Alka 3, The Greens · 21st floor

212B, Al Alka 3

Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212B · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 337K18 July 2011
Current rentAED 62K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 212B, Al Alka 3

What is 212B worth today?

Last sold for AED 336,536 in 2011

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1 Apr 2026RentedNew contract
AED 62,000/yr12 months · AED 144 per sqft
24 Sep 2024RentedNew contract
AED 62,000/yr12 months · AED 144 per sqft
25 Jun 2023RentedNew contract
AED 54,000/yr12 months · AED 125 per sqft
10 Oct 2022RentedNew contract
AED 46,000/yr12 months · AED 107 per sqft
23 Sep 2013RentedNew contract
AED 60,000/yr12 months · AED 139 per sqft
18 Jul 2011Sold by developerReady
AED 336,536AED 778 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
21st of 41
Parking
B-102
Service charge
AED 9,800 /yr
Last sold
AED 337K · July 2011
Building
Al Alka 3

About 212B, Al Alka 3

212B is a studio of 433 sqft on the 21st floor of Al Alka 3, a 41-storey tower in The Greens. The developer sold it on 18 July 2011 for AED 336,536, or AED 778 per sqft, 8% below the AED 844 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 April 2026, is AED 62,000 a year: a gross yield of 18.4% on the 2011 price, before the service charge of about AED 9,800 a year.

Sales and rents for 212B over time

Sales
Unit 212B, each saleTypical studio in Al Alka 3
500K2008201320182023Typical sale price by year: 2008 AED 780,000; 2009 AED 623,149; 2010 AED 350,000; 2011 AED 370,000; 2012 AED 508,000; 2013 AED 680,000; 2016 AED 680,000; 2022 AED 580,000; 2024 AED 710,000; 2025 AED 897,500Sold by developer, July 2011: AED 336,536 (AED 778 per sqft)

212B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 212B, each contractTypical studio in Al Alka 3
40K60K2013201720212025Typical rent by year: 2013 AED 52,000; 2014 AED 65,000; 2015 AED 63,000; 2016 AED 60,000; 2017 AED 60,000; 2018 AED 51,000; 2019 AED 41,000; 2020 AED 34,000; 2021 AED 34,000; 2022 AED 42,000; 2023 AED 54,500; 2024 AED 56,000; 2025 AED 61,327; 2026 AED 55,034New contract, September 2013: AED 60,000 a yearNew contract, October 2022: AED 46,000 a yearNew contract, June 2023: AED 54,000 a yearNew contract, September 2024: AED 62,000 a yearNew contract, April 2026: AED 62,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Alka 3, and where 212B sits

All 20 studios →

212B last sold in July 2011 at AED 778 per sqft, 8% below what studios in Al Alka 3 were fetching at the time (AED 844). Over the last 12 months studios sold for AED 900,000, around AED 2,080 per sqft, and rent for AED 52,000 to 72,000 a year. 212B's AED 62,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Feb 2026900,000
17 Sep 2025865,000
23 Jun 2025820,000
13 May 2025935,000
1 studio sale 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 21st floor

All 117 units in Al Alka 3
Value
212AStudioAED 410K · Dec 2011
213AStudioAED 410K · Dec 2011
213BStudioAED 570K · Mar 2023

212B, Al Alka 3 in numbers

  • Sold once: by the developer on 18 July 2011 for AED 336,536, or AED 778 per sqft.
  • Rented since September 2013 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 46,000 in 2022 and recovered to AED 62,000 by April 2026.
  • At AED 62,000 a year the gross yield on the 2011 price is 18.4%, before a service charge of about AED 9,800 a year (AED 22.63 per sqft).
  • Studios in Al Alka 3 sold for AED 900,000–900,000 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 1 April 2026.

Questions about 212B, Al Alka 3

What did unit 212B last sell for?

AED 336,536 on 18 July 2011, sold by the developer: AED 778 per sqft for 433 sqft. It is the only registered sale of the unit.

What is the rent for unit 212B?

AED 62,000 a year on the contract signed on 1 April 2026. The previous contract, from September 2024, was AED 62,000; the unit has been rented since September 2013.

How big is unit 212B?

433 sqft (40.2 sqm): a studio on the 21st floor of a 41-storey tower.

What is unit 212B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Alka 3 sold for AED 900,000 to 900,000 in the last 12 months, around AED 2,080 per sqft.

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Mortgage on 212B, Al Alka 3

Starts from the last sale price (AED 337K, 18 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 336,536
Deposit, UAE resident (20%)
AED 67,307
Deposit, non-resident (40%)
AED 134,614
Monthly over 25 years at 3.7%
AED 1,377

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