418, Al Alka 3
Sold prices and rental history: sold 4 times, last in January 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 418, Al Alka 3
What is 418 worth today?
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Source: Dubai Land Department. Updated 11 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,292 sqft
- Floor
- 4th of 41
- Parking
- B-199
- Service charge
- AED 29,200 /yr
- Last sold
- AED 1.55M · January 2024
- Building
- Al Alka 3
About 418, Al Alka 3
418 is a two-bedroom apartment of 1,292 sqft on the 4th floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 11 January 2024 for AED 1,549,000, or AED 1,199 per sqft, in line with the AED 1,209 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 10 January 2023, is AED 115,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 29,200 a year.
Sales and rents for 418 over time
418 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 418 sits
All 33 2-beds →418 last sold in January 2024 at AED 1,199 per sqft, in line with what two-beds in Al Alka 3 were fetching at the time (AED 1,209). 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. 418's AED 115,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jun 202619 June 2026 | 1,286 sqft | 2,140,000 | 1,664 | ||
| 21 Apr 202621 April 2026 | 2,320 sqft | 3,100,000 | 1,336 | ||
| 4 Feb 20264 February 2026 | 1,441 sqft | 2,600,000 | 1,804 | ||
| 17 Jun 202517 June 2025 | 1,313 sqft | 2,150,000 | 1,637 |
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 | |
| 409 | 1-bed | 758 sqft | AED 823KAED 823,297 · Apr 2008April 2008 | 55,000 /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 | |
| 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 |
418, Al Alka 3 in numbers
- Sold 4 times: first on 16 December 2008 for AED 1,419,888, last on 11 January 2024 for AED 1,549,000 (AED 1,199 per sqft).
- Rented since January 2020 on 2 Ejari contracts, from AED 77,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 29,200 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 11 January 2024.
Questions about 418, Al Alka 3
What did unit 418 last sell for?
AED 1,549,000 on 11 January 2024: AED 1,199 per sqft for 1,292 sqft. The unit has 4 registered sales; the first was AED 1,419,888 in December 2008.
What is the rent for unit 418?
AED 115,000 a year on the contract signed on 10 January 2023. The previous contract, from January 2020, was AED 77,000.
How big is unit 418?
1,292 sqft (120.0 sqm): a two-bedroom apartment on the 4th floor of a 41-storey tower.
What is unit 418 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 418, Al Alka 3
Starts from the last sale price (AED 1.55M, 11 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,549,000
- Deposit, UAE resident (20%)
- AED 309,800
- Deposit, non-resident (40%)
- AED 619,600
- Monthly over 25 years at 3.7%
- AED 6,337
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →