2-bed · 1,313 sqftAl Alka 3, The Greens · 6th floor

619, Al Alka 3

Sold prices and rental history: sold 6 times, last in May 2023, and rented once, from July 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 619 · DLD and Ejari recordsUpdated 19 May 2023
Last soldAED 1.68M19 May 2023
Current rentAED 115K /yr1 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 619, Al Alka 3

What is 619 worth today?

Last sold for AED 1,675,000 in 2023

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19 May 2023SoldReady
AED 1,675,000AED 1,275 per sqft
19 Dec 2017SoldReady
AED 1,500,000AED 1,142 per sqft
1 Jul 2017RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
10 Dec 2015SoldReady
AED 1,400,000AED 1,066 per sqft
30 Sep 2010SoldReady
AED 700,000AED 533 per sqft
17 Sep 2008Sold by developerReady
AED 1,343,599AED 1,023 per sqft
17 Sep 2008SoldReady
AED 2,400,000AED 1,828 per sqft

Source: Dubai Land Department. Updated 19 May 2023.

Key facts

Type
2-bed apartment
Size
1,313 sqft
Floor
6th of 41
Parking
B-223
Service charge
AED 29,700 /yr
Last sold
AED 1.68M · May 2023
Building
Al Alka 3

About 619, Al Alka 3

619 is a two-bedroom apartment of 1,313 sqft on the 6th floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 19 May 2023 for AED 1,675,000, or AED 1,275 per sqft.

One Ejari contract is registered, from 1 July 2017. The current contract, signed on 1 July 2017, is AED 115,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 29,700 a year.

Sales and rents for 619 over time

Sales
Unit 619, 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, September 2008: AED 1,343,599 (AED 1,023 per sqft)Sold, September 2008: AED 2,400,000 (AED 1,828 per sqft)Sold, September 2010: AED 700,000 (AED 533 per sqft)Sold, December 2015: AED 1,400,000 (AED 1,066 per sqft)Sold, December 2017: AED 1,500,000 (AED 1,142 per sqft)Sold, May 2023: AED 1,675,000 (AED 1,275 per sqft)

619 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 619, each contractTypical two-bed in Al Alka 3
75K100K125K2012201620202024Typical 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, July 2017: AED 115,000 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 619 sits

All 33 2-beds →

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. 619's AED 115,000 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 6th floor

All 117 units in Al Alka 3
Value
6151-bedAED 635K · Jun 2022
6161-bedAED 1.15M · Jun 2014
6172-bedAED 813K · Jul 2014
6182-bedAED 1.3M · Apr 2021

619, Al Alka 3 in numbers

  • Sold 6 times: first on 17 September 2008 for AED 2,400,000, last on 19 May 2023 for AED 1,675,000 (AED 1,275 per sqft).
  • Rented since July 2017 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 29,700 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 19 May 2023.

Questions about 619, Al Alka 3

What did unit 619 last sell for?

AED 1,675,000 on 19 May 2023: AED 1,275 per sqft for 1,313 sqft. The unit has 6 registered sales; the first was AED 2,400,000 in September 2008.

What is the rent for unit 619?

AED 115,000 a year on the contract signed on 1 July 2017.

How big is unit 619?

1,313 sqft (122.0 sqm): a two-bedroom apartment on the 6th floor of a 41-storey tower.

What is unit 619 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 619, Al Alka 3

Starts from the last sale price (AED 1.68M, 19 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,675,000
Deposit, UAE resident (20%)
AED 335,000
Deposit, non-resident (40%)
AED 670,000
Monthly over 25 years at 3.7%
AED 6,853

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