Studio · 438 sqftAl Alka 3, The Greens · 31st floor

312A, Al Alka 3

Sold prices and rental history: sold 5 times, last in December 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312A · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 765K10 December 2013
Current rentAED 60K /yr25 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312A, Al Alka 3

What is 312A worth today?

Last sold for AED 765,000 in 2013

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25 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 137 per sqft
1 Sep 2024RentedRenewal
AED 57,000/yr12 months · AED 129 per sqft
1 Sep 2023RentedNew contract
AED 57,000/yr12 months · AED 129 per sqft
10 Jul 2019RentedRenewal
AED 44,000/yr12 months · AED 100 per sqft
10 Jul 2018RentedNew contract
AED 44,000/yr12 months · AED 100 per sqft
1 Jun 2017RentedRenewal
AED 60,000/yr12 months · AED 136 per sqft
1 Jun 2016RentedRenewal
AED 60,000/yr12 months · AED 136 per sqft
1 Jun 2015RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft

Source: Dubai Land Department. Updated 25 September 2025.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
31st of 41
Parking
B-111
Service charge
AED 9,900 /yr
Last sold
AED 765K · December 2013
Building
Al Alka 3

About 312A, Al Alka 3

312A is a studio of 438 sqft on the 31st floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 10 December 2013 for AED 765,000, or AED 1,745 per sqft, 20% above the AED 1,456 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 25 September 2025, is AED 60,000 a year: a gross yield of 7.8% on the 2013 price, before the service charge of about AED 9,900 a year.

Sales and rents for 312A over time

Sales
Unit 312A, each saleTypical studio in Al Alka 3
500K750K2008201320182023Typical 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, June 2009: AED 627,199 (AED 1,430 per sqft)Sold, January 2011: AED 370,000 (AED 844 per sqft)Sold, June 2012: AED 495,000 (AED 1,129 per sqft)Sold, March 2013: AED 600,000 (AED 1,368 per sqft)Sold, December 2013: AED 765,000 (AED 1,745 per sqft)

312A has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 312A, each contractTypical studio in Al Alka 3
40K60K2012201620202024Typical 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 2012: AED 42,000 a yearNew contract, January 2014: AED 65,000 a yearNew contract, June 2015: AED 60,000 a yearRenewal, June 2016: AED 60,000 a yearRenewal, June 2017: AED 60,000 a yearNew contract, July 2018: AED 44,000 a yearRenewal, July 2019: AED 44,000 a yearNew contract, September 2023: AED 57,000 a yearRenewal, September 2024: AED 57,000 a yearNew contract, September 2025: AED 60,000 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 312A sits

All 20 studios →

312A last sold in December 2013 at AED 1,745 per sqft, 20% above what studios in Al Alka 3 were fetching at the time (AED 1,456). 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. 312A's AED 60,000 is in the lower 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 31st floor

All 117 units in Al Alka 3
Value
312BStudioAED 500K · Jan 2023
313AStudioAED 385K · Nov 2017
313BStudioAED 490K · Nov 2021

312A, Al Alka 3 in numbers

  • Sold 5 times: first on 1 June 2009 for AED 627,199, last on 10 December 2013 for AED 765,000 (AED 1,745 per sqft).
  • Rented since September 2012 on 10 Ejari contracts, from AED 42,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2013 price is 7.8%, before a service charge of about AED 9,900 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 25 September 2025.

Questions about 312A, Al Alka 3

What did unit 312A last sell for?

AED 765,000 on 10 December 2013: AED 1,745 per sqft for 438 sqft. The unit has 5 registered sales; the first was AED 627,199 in June 2009.

What is the rent for unit 312A?

AED 60,000 a year on the contract signed on 25 September 2025. The previous contract, from September 2024, was AED 57,000; the unit has been rented since September 2012.

How big is unit 312A?

438 sqft (40.7 sqm): a studio on the 31st floor of a 41-storey tower.

What is unit 312A 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 312A, Al Alka 3

Starts from the last sale price (AED 765K, 10 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 765,000
Deposit, UAE resident (20%)
AED 153,000
Deposit, non-resident (40%)
AED 306,000
Monthly over 25 years at 3.7%
AED 3,130

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