2-bed · 1,135 sqftAl Alka 3, The Greens · 5th floor

517, Al Alka 3

Sold prices and rental history: sold 4 times, last in February 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 24 July 2026
Last soldAED 1.62M12 February 2025
Current rentAED 125K /yr24 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, Al Alka 3

What is 517 worth today?

Last sold for AED 1,620,000 in 2025

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24 Jul 2026RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
12 Feb 2025SoldReady
AED 1,620,000AED 1,427 per sqft
14 Oct 2024RentedRenewal
AED 101,200/yr12 months · AED 90 per sqft
14 Oct 2023RentedNew contract
AED 88,000/yr12 months · AED 78 per sqft
14 Oct 2023RentedRenewal
AED 80,000/yr12 months · AED 71 per sqft
14 Oct 2022RentedRenewal
AED 80,000/yr12 months · AED 71 per sqft
14 Oct 2021RentedNew contract
AED 73,000/yr12 months · AED 65 per sqft
10 Oct 2020RentedRenewal
AED 65,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 24 July 2026.

Key facts

Type
2-bed apartment
Size
1,135 sqft
Floor
5th of 41
Parking
B-183
Service charge
AED 25,700 /yr
Last sold
AED 1.62M · February 2025
Building
Al Alka 3

About 517, Al Alka 3

517 is a two-bedroom apartment of 1,135 sqft on the 5th floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 12 February 2025 for AED 1,620,000, or AED 1,427 per sqft, in line with the AED 1,410 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, signed on 24 July 2026, is AED 125,000 a year: a gross yield of 7.7% on the 2025 price, before the service charge of about AED 25,700 a year.

Sales and rents for 517 over time

Sales
Unit 517, 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 2010: AED 800,000 (AED 705 per sqft)Sold, September 2012: AED 1,200,000 (AED 1,057 per sqft)Sold, December 2016: AED 1,500,000 (AED 1,322 per sqft)Sold, February 2025: AED 1,620,000 (AED 1,427 per sqft)

517 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 517, 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, March 2016: AED 120,000 a yearRenewal, March 2017: AED 120,000 a yearNew contract, October 2018: AED 90,000 a yearNew contract, October 2019: AED 75,000 a yearRenewal, October 2020: AED 65,000 a yearNew contract, October 2021: AED 73,000 a yearRenewal, October 2022: AED 80,000 a yearNew contract, October 2023: AED 88,000 a yearRenewal, October 2023: AED 80,000 a yearRenewal, October 2024: AED 101,200 a yearNew contract, July 2026: AED 125,000 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 517 sits

All 33 2-beds →

517 last sold in February 2025 at AED 1,427 per sqft, in line with what two-beds in Al Alka 3 were fetching at the time (AED 1,410). 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. 517's AED 125,000 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 5th floor

All 117 units in Al Alka 3
Value
5151-bedAED 1.06M · Apr 2017
5161-bedAED 1.28M · Sep 2008
5182-bedAED 2.14M · Jun 2026
5192-bedAED 2.15M · Jun 2025

517, Al Alka 3 in numbers

  • Sold 4 times: first on 22 March 2010 for AED 800,000, last on 12 February 2025 for AED 1,620,000 (AED 1,427 per sqft).
  • Rented since March 2016 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 65,000 in 2020 and recovered to AED 125,000 by July 2026.
  • At AED 125,000 a year the gross yield on the 2025 price is 7.7%, before a service charge of about AED 25,700 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 24 July 2026.

Questions about 517, Al Alka 3

What did unit 517 last sell for?

AED 1,620,000 on 12 February 2025: AED 1,427 per sqft for 1,135 sqft. The unit has 4 registered sales; the first was AED 800,000 in March 2010.

What is the rent for unit 517?

AED 125,000 a year on the contract signed on 24 July 2026. The previous contract, from October 2024, was AED 101,200; the unit has been rented since March 2016.

How big is unit 517?

1,135 sqft (105.4 sqm): a two-bedroom apartment on the 5th floor of a 41-storey tower.

What is unit 517 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 517, Al Alka 3

Starts from the last sale price (AED 1.62M, 12 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,620,000
Deposit, UAE resident (20%)
AED 324,000
Deposit, non-resident (40%)
AED 648,000
Monthly over 25 years at 3.7%
AED 6,628

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