1-bed · 816 sqftAl Alka 3, The Greens · 4th floor

402, Al Alka 3

Sold prices and rental history: sold 5 times, last in February 2026, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 26 February 2026
Last soldAED 1.66M26 February 2026
Current rentAED 90K /yr4 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Al Alka 3

What is 402 worth today?

Last sold for AED 1,660,000 in 2026

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26 Feb 2026SoldReady
AED 1,660,000AED 2,034 per sqft
20 Nov 2025SoldReady
AED 1,250,000AED 1,532 per sqft
4 Jun 2024RentedNew contract
AED 90,000/yr12 months · AED 110 per sqft
15 Oct 2023RentedRenewal
AED 61,600/yr12 months · AED 75 per sqft
15 Oct 2022RentedRenewal
AED 56,000/yr12 months · AED 68 per sqft
15 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 61 per sqft
10 Sep 2020RentedNew contract
AED 46,000/yr12 months · AED 56 per sqft
9 Jan 2020RentedNew contract
AED 40,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 26 February 2026.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
4th of 41
Parking
B-195
Service charge
AED 18,500 /yr
Last sold
AED 1.66M · February 2026
Building
Al Alka 3

About 402, Al Alka 3

402 is a one-bedroom apartment of 816 sqft on the 4th floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 26 February 2026 for AED 1,660,000, or AED 2,034 per sqft, 28% above the AED 1,590 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 4 June 2024, is AED 90,000 a year: a gross yield of 5.4% on the 2026 price, before the service charge of about AED 18,500 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in Al Alka 3
1M2008201320182023Typical 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 2011: AED 454,391 (AED 556 per sqft)Sold, February 2012: AED 600,000 (AED 735 per sqft)Sold, December 2015: AED 1,100,000 (AED 1,348 per sqft)Sold, November 2025: AED 1,250,000 (AED 1,532 per sqft)Sold, February 2026: AED 1,660,000 (AED 2,034 per sqft)

402 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 402, each contractTypical one-bed in Al Alka 3
50K75K2012201620202024Typical 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, March 2015: AED 85,000 a yearNew contract, February 2016: AED 90,000 a yearNew contract, April 2018: AED 72,000 a yearNew contract, January 2020: AED 40,000 a yearNew contract, September 2020: AED 46,000 a yearNew contract, October 2021: AED 50,000 a yearRenewal, October 2022: AED 56,000 a yearRenewal, October 2023: AED 61,600 a yearNew contract, June 2024: AED 90,000 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 402 sits

All 65 1-beds →

402 last sold in February 2026 at AED 2,034 per sqft, 28% above what one-beds in Al Alka 3 were fetching at the time (AED 1,590). 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. 402's AED 90,000 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
4 Feb 20261,575,000
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 4th floor

All 117 units in Al Alka 3
Value
4011-bedAED 1.58M · Feb 2026
4031-bedAED 1.3M · Feb 2025
4041-bedAED 482K · Mar 2010
4052-bedAED 2.3M · Oct 2014
4061-bedAED 1.04M · Jun 2016
4071-bedAED 700K · Jun 2021
4081-bedAED 1.19M · Feb 2014
1–7 of 17

402, Al Alka 3 in numbers

  • Sold 5 times: first on 8 February 2011 for AED 454,391, last on 26 February 2026 for AED 1,660,000 (AED 2,034 per sqft).
  • Rented since March 2015 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 40,000 in 2020 and recovered to AED 90,000 by June 2024.
  • At AED 90,000 a year the gross yield on the 2026 price is 5.4%, before a service charge of about AED 18,500 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 26 February 2026.

Questions about 402, Al Alka 3

What did unit 402 last sell for?

AED 1,660,000 on 26 February 2026: AED 2,034 per sqft for 816 sqft. The unit has 5 registered sales; the first was AED 454,391 in February 2011.

What is the rent for unit 402?

AED 90,000 a year on the contract signed on 4 June 2024. The previous contract, from October 2023, was AED 61,600; the unit has been rented since March 2015.

How big is unit 402?

816 sqft (75.8 sqm): a one-bedroom apartment on the 4th floor of a 41-storey tower.

What is unit 402 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 402, Al Alka 3

Starts from the last sale price (AED 1.66M, 26 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,660,000
Deposit, UAE resident (20%)
AED 332,000
Deposit, non-resident (40%)
AED 664,000
Monthly over 25 years at 3.7%
AED 6,792

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