306, Al Alka 3
Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Al Alka 3
What is 306 worth today?
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Source: Dubai Land Department. Updated 27 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 765 sqft
- Floor
- 3rd of 41
- Parking
- B-163
- Service charge
- AED 17,300 /yr
- Last sold
- AED 980K · April 2009
- Building
- Al Alka 3
About 306, Al Alka 3
306 is a one-bedroom apartment of 765 sqft on the 3rd floor of Al Alka 3, a 41-storey tower in The Greens. The developer sold it on 29 April 2009 for AED 980,000, or AED 1,281 per sqft, in line with the AED 1,318 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 27 April 2023, is AED 55,500 a year: a gross yield of 5.7% on the 2009 price, before the service charge of about AED 17,300 a year.
Sales and rents for 306 over time
306 has sold once; 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 3, and where 306 sits
All 65 1-beds →306 last sold in April 2009 at AED 1,281 per sqft, in line with what one-beds in Al Alka 3 were fetching at the time (AED 1,318). 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. 306's AED 55,500 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 758 sqft | 1,220,000 | 1,609 | ||
| 7 Aug 20267 August 2026 | 724 sqft | 1,272,000 | 1,758 | ||
| 3 Jun 20263 June 2026 | 765 sqft | 1,278,111 | 1,671 | ||
| 26 Feb 202626 February 2026 | 816 sqft | 1,660,000 | 2,034 |
Al Alka 3
Building117 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%
Other units on the 3rd floor
All 117 units in Al Alka 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 820 sqft | AED 970KAED 970,000 · Jul 2013July 2013 | 73,000 /yr | |
| 302 | 1-bed | 816 sqft | AED 1.03MAED 1,025,000 · Mar 2024March 2024 | 100,000 /yr | |
| 303 | 1-bed | 816 sqft | AED 473KAED 473,444 · Mar 2010March 2010 | 50,000 /yr | |
| 304 | 1-bed | 816 sqft | AED 650KAED 649,888 · Feb 2012February 2012 | 76,864 /yr | |
| 305 | 2-bed | 1,441 sqft | AED 2.23MAED 2,230,000 · Mar 2025March 2025 | 147,000 /yr | |
| 307 | 1-bed | 758 sqft | AED 1.06MAED 1,060,000 · Sep 2016September 2016 | 80,000 /yr | |
| 308 | 1-bed | 758 sqft | AED 1.53MAED 1,530,000 · Aug 2025August 2025 | 78,000 /yr | |
| 309 | 1-bed | 758 sqft | AED 1.35MAED 1,350,000 · Dec 2024December 2024 | 100,000 /yr | |
| 310 | 1-bed | 758 sqft | AED 1.1MAED 1,100,000 · Feb 2025February 2025 | 69,300 /yr | |
| 311 | 2-bed | 1,093 sqft | AED 1.1MAED 1,100,000 · Apr 2022April 2022 | 80,000 /yr | |
| 314 | 1-bed | 777 sqft | AED 1.1MAED 1,100,000 · Feb 2025February 2025 | 110,000 /yr | |
| 315 | 1-bed | 755 sqft | AED 700KAED 700,000 · Apr 2018April 2018 | 83,000 /yr | |
| 316 | 1-bed | 755 sqft | AED 970KAED 970,000 · Oct 2016October 2016 | 46,000 /yr | |
| 317 | 2-bed | 1,133 sqft | AED 1.35MAED 1,350,000 · Dec 2015December 2015 | 125,000 /yr | |
| 318 | 2-bed | 1,292 sqft | AED 1.62MAED 1,620,000 · Jul 2015July 2015 | 130,000 /yr | |
| 319 | 2-bed | 1,313 sqft | AED 1.14MAED 1,140,000 · Jul 2019July 2019 | 131,250 /yr |
306, Al Alka 3 in numbers
- Sold once: by the developer on 29 April 2009 for AED 980,000, or AED 1,281 per sqft.
- Rented since March 2013 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 44,000 in 2021 and recovered to AED 55,500 by April 2023.
- At AED 55,500 a year the gross yield on the 2009 price is 5.7%, before a service charge of about AED 17,300 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 27 April 2023.
Questions about 306, Al Alka 3
What did unit 306 last sell for?
AED 980,000 on 29 April 2009, sold by the developer: AED 1,281 per sqft for 765 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 55,500 a year on the contract renewed on 27 April 2023. The previous contract, from April 2022, was AED 48,000; the unit has been rented since March 2013.
How big is unit 306?
765 sqft (71.1 sqm): a one-bedroom apartment on the 3rd floor of a 41-storey tower.
What is unit 306 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.
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Mortgage on 306, Al Alka 3
Starts from the last sale price (AED 980K, 29 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 980,000
- Deposit, UAE resident (20%)
- AED 196,000
- Deposit, non-resident (40%)
- AED 392,000
- Monthly over 25 years at 3.7%
- AED 4,009
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →