1-bed · 768 sqftAl Alka 3, The Greens · 6th floor

616, Al Alka 3

Sold prices and rental history: sold 4 times, last in June 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 10 May 2026
Last soldAED 1.15M29 June 2014
Current rentAED 65K /yr10 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Al Alka 3

What is 616 worth today?

Last sold for AED 1,150,000 in 2014

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10 May 2026RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft
15 Apr 2025RentedRenewal
AED 77,175/yr12 months · AED 101 per sqft
15 Apr 2024RentedRenewal
AED 73,500/yr12 months · AED 96 per sqft
15 Apr 2023RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
3 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
1 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
10 May 2019RentedNew contract
AED 52,000/yr12 months · AED 68 per sqft
2 Feb 2017RentedNew contract
AED 75,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 10 May 2026.

Key facts

Type
1-bed apartment
Size
768 sqft
Floor
6th of 41
Parking
B-175
Service charge
AED 17,400 /yr
Last sold
AED 1.15M · June 2014
Building
Al Alka 3

About 616, Al Alka 3

616 is a one-bedroom apartment of 768 sqft on the 6th floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 29 June 2014 for AED 1,150,000, or AED 1,498 per sqft, 11% above the AED 1,348 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 10 May 2026, is AED 65,000 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 17,400 a year.

Sales and rents for 616 over time

Sales
Unit 616, each saleTypical one-bed in Al Alka 3
500K1M1.5M2008201320182023Typical 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 1,390,000 (AED 1,810 per sqft)Sold, November 2008: AED 990,000 (AED 1,289 per sqft)Sold, October 2013: AED 1,035,000 (AED 1,348 per sqft)Sold, June 2014: AED 1,150,000 (AED 1,498 per sqft)

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

Rents
Unit 616, 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, January 2016: AED 90,000 a yearNew contract, February 2017: AED 75,000 a yearNew contract, May 2019: AED 52,000 a yearNew contract, October 2021: AED 40,000 a yearNew contract, October 2022: AED 60,000 a yearNew contract, April 2023: AED 70,000 a yearRenewal, April 2024: AED 73,500 a yearRenewal, April 2025: AED 77,175 a yearNew contract, May 2026: AED 65,000 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 616 sits

All 65 1-beds →

616 last sold in June 2014 at AED 1,498 per sqft, 11% above what one-beds in Al Alka 3 were fetching at the time (AED 1,348). 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. 616's AED 65,000 is at the bottom 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 6th floor

All 117 units in Al Alka 3
Value
6151-bedAED 635K · Jun 2022
6172-bedAED 813K · Jul 2014
6182-bedAED 1.3M · Apr 2021
6192-bedAED 1.68M · May 2023

616, Al Alka 3 in numbers

  • Sold 4 times: first on 23 November 2008 for AED 990,000, last on 29 June 2014 for AED 1,150,000 (AED 1,498 per sqft).
  • Rented since January 2016 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 40,000 in 2021 and recovered to AED 65,000 by May 2026.
  • At AED 65,000 a year the gross yield on the 2014 price is 5.7%, 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 10 May 2026.

Questions about 616, Al Alka 3

What did unit 616 last sell for?

AED 1,150,000 on 29 June 2014: AED 1,498 per sqft for 768 sqft. The unit has 4 registered sales; the first was AED 990,000 in November 2008.

What is the rent for unit 616?

AED 65,000 a year on the contract signed on 10 May 2026. The previous contract, from April 2025, was AED 77,175; the unit has been rented since January 2016.

How big is unit 616?

768 sqft (71.3 sqm): a one-bedroom apartment on the 6th floor of a 41-storey tower.

What is unit 616 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 616, Al Alka 3

Starts from the last sale price (AED 1.15M, 29 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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