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

404, Al Alka 3

Sold prices and rental history: sold once, by the developer in March 2010, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 482K31 March 2010
Current rentAED 38K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Al Alka 3

What is 404 worth today?

Last sold for AED 482,444 in 2010

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1 Nov 2020RentedNew contract
AED 38,000/yr84 months · AED 47 per sqft
1 Jan 2018RentedNew contract
AED 60,000/yr120 months · AED 74 per sqft
31 Mar 2010Sold by developerReady
AED 482,444AED 591 per sqft

Source: Dubai Land Department. Updated 1 November 2020.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
4th of 41
Parking
B-204
Service charge
AED 18,500 /yr
Last sold
AED 482K · March 2010
Building
Al Alka 3

About 404, Al Alka 3

404 is a one-bedroom apartment of 816 sqft on the 4th floor of Al Alka 3, a 41-storey tower in The Greens. The developer sold it on 31 March 2010 for AED 482,444, or AED 591 per sqft, 35% below the AED 910 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 November 2020, is AED 38,000 a year: a gross yield of 7.9% on the 2010 price, before the service charge of about AED 18,500 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, March 2010: AED 482,444 (AED 591 per sqft)

404 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 404, 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, January 2018: AED 60,000 a yearNew contract, November 2020: AED 38,000 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 404 sits

All 65 1-beds →

404 last sold in March 2010 at AED 591 per sqft, 35% below what one-beds in Al Alka 3 were fetching at the time (AED 910). 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. 404's AED 38,000 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
4031-bedAED 1.3M · Feb 2025
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

404, Al Alka 3 in numbers

  • Sold once: by the developer on 31 March 2010 for AED 482,444, or AED 591 per sqft.
  • Rented since January 2018 on 2 Ejari contracts, from AED 60,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2010 price is 7.9%, 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 1 November 2020.

Questions about 404, Al Alka 3

What did unit 404 last sell for?

AED 482,444 on 31 March 2010, sold by the developer: AED 591 per sqft for 816 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 38,000 a year on the contract signed on 1 November 2020. The previous contract, from January 2018, was AED 60,000.

How big is unit 404?

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

What is unit 404 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 404, Al Alka 3

Starts from the last sale price (AED 482K, 31 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 482,444
Deposit, UAE resident (20%)
AED 96,489
Deposit, non-resident (40%)
AED 192,978
Monthly over 25 years at 3.7%
AED 1,974

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