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

403, Al Alka 3

Sold prices and rental history: sold 3 times, last in February 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 1.3M20 February 2025
Current rentAED 63K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Al Alka 3

What is 403 worth today?

Last sold for AED 1,299,000 in 2025

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20 Feb 2025SoldReady
AED 1,299,000AED 1,592 per sqft
1 Aug 2023RentedNew contract
AED 63,250/yr12 months · AED 77 per sqft
1 Aug 2023RentedRenewal
AED 63,250/yr12 months · AED 77 per sqft
1 Aug 2022RentedRenewal
AED 55,000/yr12 months · AED 67 per sqft
1 Aug 2021RentedNew contract
AED 50,000/yr12 months · AED 61 per sqft
1 May 2021RentedRenewal
AED 58,000/yr12 months · AED 71 per sqft
1 May 2020RentedRenewal
AED 65,000/yr12 months · AED 79 per sqft
1 May 2019RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
4th of 41
Parking
B-194
Service charge
AED 18,500 /yr
Last sold
AED 1.3M · February 2025
Building
Al Alka 3

About 403, Al Alka 3

403 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 20 February 2025 for AED 1,299,000, or AED 1,592 per sqft, 10% above the AED 1,450 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 1 August 2023, is AED 63,250 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 18,500 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Al Alka 3
500K1M2008201320182023Typical 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, May 2010: AED 461,181 (AED 565 per sqft)Sold, December 2013: AED 1,150,000 (AED 1,409 per sqft)Sold, February 2025: AED 1,299,000 (AED 1,592 per sqft)

403 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 403, 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, February 2014: AED 88,000 a yearRenewal, February 2015: AED 88,000 a yearNew contract, April 2017: AED 80,000 a yearNew contract, May 2019: AED 65,000 a yearRenewal, May 2020: AED 65,000 a yearRenewal, May 2021: AED 58,000 a yearNew contract, August 2021: AED 50,000 a yearRenewal, August 2022: AED 55,000 a yearNew contract, August 2023: AED 63,250 a yearRenewal, August 2023: AED 63,250 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 403 sits

All 65 1-beds →

403 last sold in February 2025 at AED 1,592 per sqft, 10% above what one-beds in Al Alka 3 were fetching at the time (AED 1,450). 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. 403's AED 63,250 is at the bottom 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 4th floor

All 117 units in Al Alka 3
Value
4011-bedAED 1.58M · Feb 2026
4021-bedAED 1.66M · Feb 2026
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

403, Al Alka 3 in numbers

  • Sold 3 times: first on 23 May 2010 for AED 461,181, last on 20 February 2025 for AED 1,299,000 (AED 1,592 per sqft).
  • Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 88,000 to AED 50,000 in 2021 and recovered to AED 63,250 by August 2023.
  • At AED 63,250 a year the gross yield on the 2025 price is 4.9%, 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 20 February 2025.

Questions about 403, Al Alka 3

What did unit 403 last sell for?

AED 1,299,000 on 20 February 2025: AED 1,592 per sqft for 816 sqft. The unit has 3 registered sales; the first was AED 461,181 in May 2010.

What is the rent for unit 403?

AED 63,250 a year on the contract signed on 1 August 2023. The previous contract, from August 2023, was AED 63,250; the unit has been rented since February 2014.

How big is unit 403?

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

What is unit 403 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 403, Al Alka 3

Starts from the last sale price (AED 1.3M, 20 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,299,000
Deposit, UAE resident (20%)
AED 259,800
Deposit, non-resident (40%)
AED 519,600
Monthly over 25 years at 3.7%
AED 5,315

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