1-bed · 758 sqftAl Alka 3, The Greens · 3rd floor

308, Al Alka 3

Sold prices and rental history: sold 4 times, last in August 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 28 August 2025
Last soldAED 1.53M28 August 2025
Current rentAED 78K /yr20 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Al Alka 3

What is 308 worth today?

Last sold for AED 1,530,000 in 2025

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28 Aug 2025SoldReady
AED 1,530,000AED 2,017 per sqft
9 May 2024SoldReady
AED 1,010,000AED 1,332 per sqft
20 Dec 2023RentedNew contract
AED 78,000/yr12 months · AED 104 per sqft
4 Mar 2021RentedRenewal
AED 51,000/yr12 months · AED 68 per sqft
4 Mar 2020RentedNew contract
AED 54,000/yr12 months · AED 72 per sqft
15 Nov 2019RentedRenewal
AED 82,000/yr6 months · AED 109 per sqft
15 Nov 2018RentedRenewal
AED 82,000/yr12 months · AED 109 per sqft
15 Nov 2017RentedNew contract
AED 85,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 28 August 2025.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
3rd of 41
Parking
B-148
Service charge
AED 17,200 /yr
Last sold
AED 1.53M · August 2025
Building
Al Alka 3

About 308, Al Alka 3

308 is a one-bedroom apartment of 758 sqft on the 3rd floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 28 August 2025 for AED 1,530,000, or AED 2,017 per sqft, 30% above the AED 1,549 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 20 December 2023, is AED 78,000 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 17,200 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Al Alka 3
500K1M1.5M2008201320182023Typical 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, February 2009: AED 1,000,000 (AED 1,318 per sqft)Sold, February 2017: AED 1,020,000 (AED 1,345 per sqft)Sold, May 2024: AED 1,010,000 (AED 1,332 per sqft)Sold, August 2025: AED 1,530,000 (AED 2,017 per sqft)

308 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 308, each contractTypical one-bed in Al Alka 3
40K60K80K2012201620202024Typical 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, August 2012: AED 65,000 a yearNew contract, October 2013: AED 85,000 a yearRenewal, October 2014: AED 90,000 a yearRenewal, October 2015: AED 90,000 a yearNew contract, November 2016: AED 88,000 a yearNew contract, November 2017: AED 85,000 a yearRenewal, November 2018: AED 82,000 a yearRenewal, November 2019: AED 82,000 a yearNew contract, March 2020: AED 54,000 a yearRenewal, March 2021: AED 51,000 a yearNew contract, December 2023: AED 78,000 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 308 sits

All 65 1-beds →

308 last sold in August 2025 at AED 2,017 per sqft, 30% above what one-beds in Al Alka 3 were fetching at the time (AED 1,549). 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. 308's AED 78,000 is in the lower half 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 3rd floor

All 117 units in Al Alka 3
Value
3011-bedAED 970K · Jul 2013
3021-bedAED 1.03M · Mar 2024
3031-bedAED 473K · Mar 2010
3041-bedAED 650K · Feb 2012
3052-bedAED 2.23M · Mar 2025
3061-bedAED 980K · Apr 2009
3071-bedAED 1.06M · Sep 2016
1–7 of 16

308, Al Alka 3 in numbers

  • Sold 4 times: first on 18 February 2009 for AED 1,000,000, last on 28 August 2025 for AED 1,530,000 (AED 2,017 per sqft).
  • Rented since August 2012 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 51,000 in 2021 and recovered to AED 78,000 by December 2023.
  • At AED 78,000 a year the gross yield on the 2025 price is 5.1%, before a service charge of about AED 17,200 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 28 August 2025.

Questions about 308, Al Alka 3

What did unit 308 last sell for?

AED 1,530,000 on 28 August 2025: AED 2,017 per sqft for 758 sqft. The unit has 4 registered sales; the first was AED 1,000,000 in February 2009.

What is the rent for unit 308?

AED 78,000 a year on the contract signed on 20 December 2023. The previous contract, from March 2021, was AED 51,000; the unit has been rented since August 2012.

How big is unit 308?

758 sqft (70.4 sqm): a one-bedroom apartment on the 3rd floor of a 41-storey tower.

What is unit 308 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 308, Al Alka 3

Starts from the last sale price (AED 1.53M, 28 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,000
Deposit, UAE resident (20%)
AED 306,000
Deposit, non-resident (40%)
AED 612,000
Monthly over 25 years at 3.7%
AED 6,260

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