2-bed · 1,313 sqftAl Alka 3, The Greens · 3rd floor

319, Al Alka 3

Sold prices and rental history: sold twice, last in July 2019, and rented once, from July 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 319 · DLD and Ejari recordsUpdated 29 July 2019
Last soldAED 1.14M29 July 2019
Current rentAED 131K /yr8 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 319, Al Alka 3

What is 319 worth today?

Last sold for AED 1,140,000 in 2019

Unlock today's estimate, updated daily, with

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

29 Jul 2019SoldReady
AED 1,140,000AED 868 per sqft
8 Jul 2015RentedRenewal
AED 131,250/yr12 months · AED 100 per sqft
10 Mar 2009Sold by developerReady
AED 1,427,731AED 1,087 per sqft

Source: Dubai Land Department. Updated 29 July 2019.

Key facts

Type
2-bed apartment
Size
1,313 sqft
Floor
3rd of 41
Parking
B-215
Service charge
AED 29,700 /yr
Last sold
AED 1.14M · July 2019
Building
Al Alka 3

About 319, Al Alka 3

319 is a two-bedroom apartment of 1,313 sqft on the 3rd floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 29 July 2019 for AED 1,140,000, or AED 868 per sqft.

One Ejari contract is registered, from 8 July 2015. The current contract, renewed on 8 July 2015, is AED 131,250 a year: a gross yield of 11.5% on the 2019 price, before the service charge of about AED 29,700 a year.

Sales and rents for 319 over time

Sales
Unit 319, each saleTypical two-bed in Al Alka 3
1M2M2008201320182023Typical sale price by year: 2008 AED 1,500,000; 2009 AED 1,352,894; 2010 AED 1,051,944; 2011 AED 1,150,000; 2012 AED 1,275,000; 2013 AED 1,540,000; 2014 AED 1,175,000; 2015 AED 1,400,000; 2017 AED 1,625,000; 2021 AED 1,300,000; 2022 AED 1,457,500; 2023 AED 1,575,000; 2024 AED 1,600,000; 2025 AED 2,105,000; 2026 AED 2,600,000Sold by developer, March 2009: AED 1,427,731 (AED 1,087 per sqft)Sold, July 2019: AED 1,140,000 (AED 868 per sqft)

319 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 319, each contractTypical two-bed in Al Alka 3
100K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 110,000; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 130,000; 2017 AED 117,000; 2018 AED 114,814; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 86,250; 2023 AED 96,031; 2024 AED 110,200; 2025 AED 125,000; 2026 AED 120,000Renewal, July 2015: AED 131,250 a year

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 319 sits

All 33 2-beds →

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. 319's AED 131,250 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jun 20262,140,000
21 Apr 20263,100,000
4 Feb 20262,600,000
17 Jun 20252,150,000
3 2-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

319, Al Alka 3 in numbers

  • Sold twice: first on 10 March 2009 for AED 1,427,731, last on 29 July 2019 for AED 1,140,000 (AED 868 per sqft).
  • Rented since July 2015 on one Ejari contract, at AED 131,250 a year.
  • At AED 131,250 a year the gross yield on the 2019 price is 11.5%, before a service charge of about AED 29,700 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 29 July 2019.

Questions about 319, Al Alka 3

What did unit 319 last sell for?

AED 1,140,000 on 29 July 2019: AED 868 per sqft for 1,313 sqft. The unit has 2 registered sales; the first was AED 1,427,731 in March 2009.

What is the rent for unit 319?

AED 131,250 a year on the contract renewed on 8 July 2015.

How big is unit 319?

1,313 sqft (122.0 sqm): a two-bedroom apartment on the 3rd floor of a 41-storey tower.

What is unit 319 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.

Selling 319? 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 319, Al Alka 3

Starts from the last sale price (AED 1.14M, 29 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

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