2-bed · 1,133 sqftAl Alka 3, The Greens · 4th floor

417, Al Alka 3

Sold prices and rental history: sold twice, last in October 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 1.55M22 October 2015
Current rentAED 110K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 417, Al Alka 3

What is 417 worth today?

Last sold for AED 1,550,000 in 2015

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15 May 2026RentedNew contract
AED 110,000/yr12 months · AED 97 per sqft
1 Apr 2025RentedRenewal
AED 104,363/yr12 months · AED 92 per sqft
1 Apr 2025RentedRenewal
AED 104,363/yr12 months · AED 92 per sqft
1 Apr 2024RentedRenewal
AED 94,875/yr12 months · AED 84 per sqft
1 Apr 2023RentedRenewal
AED 86,250/yr12 months · AED 76 per sqft
1 Apr 2022RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
1 Apr 2021RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft
1 Mar 2020RentedRenewal
AED 85,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
2-bed apartment
Size
1,133 sqft
Floor
4th of 41
Parking
B-184
Service charge
AED 25,600 /yr
Last sold
AED 1.55M · October 2015
Building
Al Alka 3

About 417, Al Alka 3

417 is a two-bedroom apartment of 1,133 sqft on the 4th floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 22 October 2015 for AED 1,550,000, or AED 1,367 per sqft, 9% above the AED 1,254 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 15 May 2026, is AED 110,000 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 25,600 a year.

Sales and rents for 417 over time

Sales
Unit 417, 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 2012: AED 1,384,888 (AED 1,222 per sqft)Sold, October 2015: AED 1,550,000 (AED 1,367 per sqft)

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

Rents
Unit 417, 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 120,000New contract, August 2012: AED 90,000 a yearNew contract, August 2013: AED 90,000 a yearNew contract, August 2014: AED 103,500 a yearNew contract, March 2019: AED 85,000 a yearRenewal, March 2020: AED 85,000 a yearNew contract, April 2021: AED 65,000 a yearNew contract, April 2022: AED 75,000 a yearRenewal, April 2023: AED 86,250 a yearRenewal, April 2024: AED 94,875 a yearRenewal, April 2025: AED 104,363 a yearRenewal, April 2025: AED 104,363 a yearNew contract, May 2026: AED 110,000 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 417 sits

All 33 2-beds →

417 last sold in October 2015 at AED 1,367 per sqft, 9% above what two-beds in Al Alka 3 were fetching at the time (AED 1,254). 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. 417's AED 110,000 is in the lower 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 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
4041-bedAED 482K · Mar 2010
4052-bedAED 2.3M · Oct 2014
4061-bedAED 1.04M · Jun 2016
4071-bedAED 700K · Jun 2021
1–7 of 17

417, Al Alka 3 in numbers

  • Sold twice: first on 4 March 2012 for AED 1,384,888, last on 22 October 2015 for AED 1,550,000 (AED 1,367 per sqft).
  • Rented since August 2012 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 65,000 in 2021 and recovered to AED 110,000 by May 2026.
  • At AED 110,000 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 25,600 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 15 May 2026.

Questions about 417, Al Alka 3

What did unit 417 last sell for?

AED 1,550,000 on 22 October 2015: AED 1,367 per sqft for 1,133 sqft. The unit has 2 registered sales; the first was AED 1,384,888 in March 2012.

What is the rent for unit 417?

AED 110,000 a year on the contract signed on 15 May 2026. The previous contract, from April 2025, was AED 104,363; the unit has been rented since August 2012.

How big is unit 417?

1,133 sqft (105.3 sqm): a two-bedroom apartment on the 4th floor of a 41-storey tower.

What is unit 417 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.

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Mortgage on 417, Al Alka 3

Starts from the last sale price (AED 1.55M, 22 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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