1-bed · 755 sqftAl Alka 3, The Greens · 2nd floor

215, Al Alka 3

Sold prices and rental history: sold 3 times, last in July 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 18 July 2021
Last soldAED 640K18 July 2021
Current rentAED 43K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Al Alka 3

What is 215 worth today?

Last sold for AED 640,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Jul 2021SoldReady
AED 640,000AED 847 per sqft
1 Jul 2020RentedNew contract
AED 43,000/yr12 months · AED 57 per sqft
10 Apr 2019RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
24 Feb 2018RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft
1 May 2015RentedNew contract
AED 90,000/yr12 months · AED 119 per sqft
1 May 2014RentedNew contract
AED 90,000/yr12 months · AED 119 per sqft
14 Jan 2013SoldReady
AED 825,000AED 1,092 per sqft
9 Jul 2008Sold by developerReady
AED 445,500AED 590 per sqft

Source: Dubai Land Department. Updated 18 July 2021.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
2nd of 41
Parking
B-136
Service charge
AED 17,100 /yr
Last sold
AED 640K · July 2021
Building
Al Alka 3

About 215, Al Alka 3

215 is a one-bedroom apartment of 755 sqft on the 2nd floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 18 July 2021 for AED 640,000, or AED 847 per sqft, in line with the AED 826 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 July 2020, is AED 43,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 17,100 a year.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical one-bed in Al Alka 3
500K1M2008201320182023Typical sale price by year: 2008 AED 953,000; 2009 AED 991,444; 2010 AED 540,000; 2011 AED 541,000; 2012 AED 650,000; 2013 AED 997,500; 2014 AED 1,140,000; 2015 AED 1,080,000; 2016 AED 1,010,000; 2017 AED 1,040,000; 2020 AED 577,500; 2021 AED 640,000; 2022 AED 635,000; 2023 AED 850,000; 2024 AED 1,200,000; 2025 AED 1,242,500; 2026 AED 1,278,111Sold by developer, July 2008: AED 445,500 (AED 590 per sqft)Sold, January 2013: AED 825,000 (AED 1,092 per sqft)Sold, July 2021: AED 640,000 (AED 847 per sqft)

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

Rents
Unit 215, each contractTypical one-bed in Al Alka 3
50K75K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 66,500; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 60,000; 2020 AED 48,000; 2021 AED 47,000; 2022 AED 54,000; 2023 AED 63,625; 2024 AED 78,000; 2025 AED 80,000; 2026 AED 90,000New contract, May 2014: AED 90,000 a yearNew contract, May 2015: AED 90,000 a yearNew contract, February 2018: AED 80,000 a yearNew contract, April 2019: AED 60,000 a yearNew contract, July 2020: AED 43,000 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 3, and where 215 sits

All 65 1-beds →

215 last sold in July 2021 at AED 847 per sqft, in line with what one-beds in Al Alka 3 were fetching at the time (AED 826). Over the last 12 months one-beds sold for AED 1,220,000 to 1,660,000, around AED 1,758 per sqft, and rent for AED 65,000 to 125,000 a year. 215's AED 43,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 20261,220,000
7 Aug 20261,272,000
3 Jun 20261,278,111
26 Feb 20261,660,000
7 1-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

215, Al Alka 3 in numbers

  • Sold 3 times: first on 9 July 2008 for AED 445,500, last on 18 July 2021 for AED 640,000 (AED 847 per sqft).
  • Rented since May 2014 on 5 Ejari contracts, from AED 90,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2021 price is 6.7%, before a service charge of about AED 17,100 a year (AED 22.63 per sqft).
  • One-beds in Al Alka 3 sold for AED 1,220,000–1,660,000 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 18 July 2021.

Questions about 215, Al Alka 3

What did unit 215 last sell for?

AED 640,000 on 18 July 2021: AED 847 per sqft for 755 sqft. The unit has 3 registered sales; the first was AED 445,500 in July 2008.

What is the rent for unit 215?

AED 43,000 a year on the contract signed on 1 July 2020. The previous contract, from April 2019, was AED 60,000; the unit has been rented since May 2014.

How big is unit 215?

755 sqft (70.1 sqm): a one-bedroom apartment on the 2nd floor of a 41-storey tower.

What is unit 215 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 3 sold for AED 1,220,000 to 1,660,000 in the last 12 months, around AED 1,758 per sqft.

Selling 215? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 215, Al Alka 3

Starts from the last sale price (AED 640K, 18 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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