Home
Dubai prices
About
Research
1-bed · 768 sqftAl Alka 3, The Greens · 5th floor

515, Al Alka 3

Sold prices and rental history: sold 3 times, last in April 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1.06M17 April 2017
Current rentAED 85K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 515

Property timeline for 515, Al Alka 3

What is 515 worth today?

Last sold for AED 1,060,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Feb 2026RentedRenewal
AED 85,000/yr12 months · AED 111 per sqft
1 Feb 2025RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
1 Feb 2025RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
1 Aug 2023RentedRenewal
AED 51,750/yr12 months · AED 67 per sqft
1 Aug 2022RentedNew contract
AED 45,000/yr12 months · AED 59 per sqft
1 Aug 2021RentedRenewal
AED 45,000/yr12 months · AED 59 per sqft
1 Aug 2020RentedRenewal
AED 45,000/yr12 months · AED 59 per sqft
1 Aug 2019RentedNew contract
AED 52,500/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
768 sqft
Floor
5th of 41
Parking
B-167
Service charge
AED 17,400 /yr
Last sold
AED 1.06M · April 2017
Building
Al Alka 3

About 515, Al Alka 3

515 is a one-bedroom apartment of 768 sqft on the 5th floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 17 April 2017 for AED 1,060,000, or AED 1,380 per sqft, in line with the AED 1,345 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 85,000 a year: a gross yield of 8.0% on the 2017 price, before the service charge of about AED 17,400 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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, November 2008: AED 1,259,888 (AED 1,641 per sqft)Sold, March 2014: AED 1,016,903 (AED 1,324 per sqft)Sold, April 2017: AED 1,060,000 (AED 1,380 per sqft)

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

Rents
Unit 515, 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, May 2012: AED 55,000 a yearNew contract, March 2014: AED 85,000 a yearNew contract, September 2017: AED 70,000 a yearRenewal, September 2018: AED 68,000 a yearNew contract, August 2019: AED 52,500 a yearRenewal, August 2020: AED 45,000 a yearRenewal, August 2021: AED 45,000 a yearNew contract, August 2022: AED 45,000 a yearRenewal, August 2023: AED 51,750 a yearNew contract, February 2025: AED 85,000 a yearNew contract, February 2025: AED 85,000 a yearRenewal, February 2026: AED 85,000 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 515 sits

All 65 1-beds →

515 last sold in April 2017 at AED 1,380 per sqft, in line with what one-beds in Al Alka 3 were fetching at the time (AED 1,345). 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. 515's AED 85,000 is in the lower half 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 5th floor

All 117 units in Al Alka 3
Value
5161-bedAED 1.28M · Sep 2008
5172-bedAED 1.62M · Feb 2025
5182-bedAED 2.14M · Jun 2026
5192-bedAED 2.15M · Jun 2025

515, Al Alka 3 in numbers

  • Sold 3 times: first on 13 November 2008 for AED 1,259,888, last on 17 April 2017 for AED 1,060,000 (AED 1,380 per sqft).
  • Rented since May 2012 on 12 Ejari contracts. The rent fell from AED 55,000 to AED 45,000 in 2022 and recovered to AED 85,000 by February 2026.
  • At AED 85,000 a year the gross yield on the 2017 price is 8.0%, before a service charge of about AED 17,400 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 February 2026.

Questions about 515, Al Alka 3

What did unit 515 last sell for?

AED 1,060,000 on 17 April 2017: AED 1,380 per sqft for 768 sqft. The unit has 3 registered sales; the first was AED 1,259,888 in November 2008.

What is the rent for unit 515?

AED 85,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 85,000; the unit has been rented since May 2012.

How big is unit 515?

768 sqft (71.3 sqm): a one-bedroom apartment on the 5th floor of a 41-storey tower.

What is unit 515 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.

Selling 515? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 515, Al Alka 3

Starts from the last sale price (AED 1.06M, 17 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,060,000
Deposit, UAE resident (20%)
AED 212,000
Deposit, non-resident (40%)
AED 424,000
Monthly over 25 years at 3.7%
AED 4,337

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