318, Al Alka 3
Sold prices and rental history: sold 3 times, last in July 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 318, Al Alka 3
What is 318 worth today?
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Source: Dubai Land Department. Updated 26 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,292 sqft
- Floor
- 3rd of 41
- Parking
- B-209
- Service charge
- AED 29,200 /yr
- Last sold
- AED 1.62M · July 2015
- Building
- Al Alka 3
About 318, Al Alka 3
318 is a two-bedroom apartment of 1,292 sqft on the 3rd floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 23 July 2015 for AED 1,620,000, or AED 1,254 per sqft, in line with the AED 1,254 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 26 August 2026, is AED 130,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 29,200 a year.
Sales and rents for 318 over time
318 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Alka 3, and where 318 sits
All 33 2-beds →318 last sold in July 2015 at AED 1,254 per sqft, in line with what two-beds in Al Alka 3 were fetching at the time (AED 1,254). Over the last 12 months two-beds sold for AED 2,140,000 to 3,100,000, around AED 1,664 per sqft, and rent for AED 100,000 to 162,000 a year. 318's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jun 202619 June 2026 | 1,286 sqft | 2,140,000 | 1,664 | ||
| 21 Apr 202621 April 2026 | 2,320 sqft | 3,100,000 | 1,336 | ||
| 4 Feb 20264 February 2026 | 1,441 sqft | 2,600,000 | 1,804 | ||
| 17 Jun 202517 June 2025 | 1,313 sqft | 2,150,000 | 1,637 |
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 | |
| 306 | 1-bed | 765 sqft | AED 980KAED 980,000 · Apr 2009April 2009 | 55,500 /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 | |
| 319 | 2-bed | 1,313 sqft | AED 1.14MAED 1,140,000 · Jul 2019July 2019 | 131,250 /yr |
318, Al Alka 3 in numbers
- Sold 3 times: first on 30 July 2009 for AED 706,444, last on 23 July 2015 for AED 1,620,000 (AED 1,254 per sqft).
- Rented since August 2015 on 12 Ejari contracts. The rent fell from AED 135,000 to AED 75,000 in 2021 and recovered to AED 130,000 by August 2026.
- At AED 130,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 29,200 a year (AED 22.63 per sqft).
- Two-beds in Al Alka 3 sold for AED 2,140,000–3,100,000 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 26 August 2026.
Questions about 318, Al Alka 3
What did unit 318 last sell for?
AED 1,620,000 on 23 July 2015: AED 1,254 per sqft for 1,292 sqft. The unit has 3 registered sales; the first was AED 706,444 in July 2009.
What is the rent for unit 318?
AED 130,000 a year on the contract renewed on 26 August 2026. The previous contract, from August 2025, was AED 130,000; the unit has been rented since August 2015.
How big is unit 318?
1,292 sqft (120.0 sqm): a two-bedroom apartment on the 3rd floor of a 41-storey tower.
What is unit 318 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Alka 3 sold for AED 2,140,000 to 3,100,000 in the last 12 months, around AED 1,664 per sqft.
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Mortgage on 318, Al Alka 3
Starts from the last sale price (AED 1.62M, 23 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,620,000
- Deposit, UAE resident (20%)
- AED 324,000
- Deposit, non-resident (40%)
- AED 648,000
- Monthly over 25 years at 3.7%
- AED 6,628
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →