409, Al Alka 3
Sold prices and rental history: sold twice, last in April 2008, 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 409, Al Alka 3
What is 409 worth today?
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Source: Dubai Land Department. Updated 15 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 4th of 41
- Parking
- B-139
- Service charge
- AED 17,200 /yr
- Last sold
- AED 1.29M · April 2008
- Building
- Al Alka 3
About 409, Al Alka 3
409 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Alka 3, a 41-storey tower in The Greens. The developer sold it on 9 April 2008 for AED 1,287,000, or AED 1,697 per sqft, 46% above the AED 1,160 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 55,000 a year: a gross yield of 4.3% on the 2008 price, before the service charge of about AED 17,200 a year.
Sales and rents for 409 over time
409 has sold twice; the dashed line is the one-bed median of each year in the building.
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 409 sits
All 65 1-beds →409 last sold in April 2008 at AED 1,697 per sqft, 46% above what one-beds in Al Alka 3 were fetching at the time (AED 1,160). 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. 409's AED 55,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 758 sqft | 1,220,000 | 1,609 | ||
| 7 Aug 20267 August 2026 | 724 sqft | 1,272,000 | 1,758 | ||
| 3 Jun 20263 June 2026 | 765 sqft | 1,278,111 | 1,671 | ||
| 26 Feb 202626 February 2026 | 816 sqft | 1,660,000 | 2,034 |
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 4th floor
All 117 units in Al Alka 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 820 sqft | AED 1.58MAED 1,575,000 · Feb 2026February 2026 | 110,000 /yr | |
| 402 | 1-bed | 816 sqft | AED 1.66MAED 1,660,000 · Feb 2026February 2026 | 90,000 /yr | |
| 403 | 1-bed | 816 sqft | AED 1.3MAED 1,299,000 · Feb 2025February 2025 | 63,250 /yr | |
| 404 | 1-bed | 816 sqft | AED 482KAED 482,444 · Mar 2010March 2010 | 38,000 /yr | |
| 405 | 2-bed | 1,441 sqft | AED 2.3MAED 2,300,000 · Oct 2014October 2014 | 100,000 /yr | |
| 406 | 1-bed | 765 sqft | AED 1.04MAED 1,040,000 · Jun 2016June 2016 | 90,000 /yr | |
| 407 | 1-bed | 758 sqft | AED 700KAED 700,000 · Jun 2021June 2021 | 85,000 /yr | |
| 408 | 1-bed | 758 sqft | AED 1.19MAED 1,185,000 · Feb 2014February 2014 | 70,000 /yr | |
| 410 | 1-bed | 758 sqft | AED 1.09MAED 1,090,000 · May 2017May 2017 | 90,000 /yr | |
| 411 | 2-bed | 1,093 sqft | AED 1.32MAED 1,317,888 · Jun 2009June 2009 | 115,000 /yr | |
| 414 | 1-bed | 776 sqft | AED 1.17MAED 1,168,622 · Feb 2025February 2025 | 100,000 /yr | |
| 415 | 1-bed | 755 sqft | AED 620KAED 619,563 · Dec 2021December 2021 | 73,054 /yr | |
| 416 | 1-bed | 755 sqft | AED 1.21MAED 1,213,000 · Jun 2008June 2008 | 70,000 /yr | |
| 417 | 2-bed | 1,133 sqft | AED 1.55MAED 1,550,000 · Oct 2015October 2015 | 110,000 /yr | |
| 418 | 2-bed | 1,292 sqft | AED 1.55MAED 1,549,000 · Jan 2024January 2024 | 115,000 /yr | |
| 419 | 2-bed | 1,313 sqft | AED 1.48MAED 1,475,000 · Jun 2023June 2023 | 130,000 /yr | |
| 413A | Studio | 216 sqft | AED 250KAED 250,000 · Dec 2024December 2024 | 65,000 /yr |
409, Al Alka 3 in numbers
- Sold twice: first on 9 April 2008 for AED 823,297, last on 9 April 2008 for AED 1,287,000 (AED 1,697 per sqft).
- Rented since October 2015 on 11 Ejari contracts. The rent fell from AED 50,000 to AED 37,000 in 2021 and recovered to AED 55,000 by January 2025.
- At AED 55,000 a year the gross yield on the 2008 price is 4.3%, before a service charge of about AED 17,200 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 15 January 2025.
Questions about 409, Al Alka 3
What did unit 409 last sell for?
AED 1,287,000 on 9 April 2008, sold by the developer: AED 1,697 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 823,297 in April 2008.
What is the rent for unit 409?
AED 55,000 a year on the contract renewed on 15 January 2025. The previous contract, from January 2025, was AED 55,000; the unit has been rented since October 2015.
How big is unit 409?
758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 41-storey tower.
What is unit 409 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 409, Al Alka 3
Starts from the last sale price (AED 1.29M, 9 April 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,287,000
- Deposit, UAE resident (20%)
- AED 257,400
- Deposit, non-resident (40%)
- AED 514,800
- Monthly over 25 years at 3.7%
- AED 5,266
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →