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1-bed · 768 sqftAl Alka 3, The Greens · 7th floor

716, Al Alka 3

Sold prices and rental history: sold 3 times, last in August 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 11 February 2026
Last soldAED 592K10 August 2021
Current rentAED 115K /yr11 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 716, Al Alka 3

What is 716 worth today?

Last sold for AED 592,000 in 2021

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11 Feb 2026RentedNew contract
AED 115,000/yr12 months · AED 150 per sqft
13 Dec 2024RentedRenewal
AED 110,000/yr12 months · AED 144 per sqft
13 Dec 2023RentedNew contract
AED 110,000/yr12 months · AED 144 per sqft
17 May 2023RentedRenewal
AED 85,000/yr12 months · AED 111 per sqft
17 May 2022RentedRenewal
AED 70,000/yr12 months · AED 92 per sqft
10 Aug 2021SoldReady
AED 592,000AED 771 per sqft
17 May 2021RentedNew contract
AED 70,000/yr12 months · AED 92 per sqft
28 Sep 2020SoldReady
AED 565,000AED 736 per sqft

Source: Dubai Land Department. Updated 11 February 2026.

Key facts

Type
1-bed apartment
Size
768 sqft
Floor
7th of 41
Parking
B-176
Service charge
AED 17,400 /yr
Last sold
AED 592K · August 2021
Building
Al Alka 3

About 716, Al Alka 3

716 is a one-bedroom apartment of 768 sqft on the 7th floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 10 August 2021 for AED 592,000, or AED 771 per sqft, 7% below the AED 826 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 11 February 2026, is AED 115,000 a year: a gross yield of 19.4% on the 2021 price, before the service charge of about AED 17,400 a year.

Sales and rents for 716 over time

Sales
Unit 716, 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, December 2010: AED 906,888 (AED 1,181 per sqft)Sold, September 2020: AED 565,000 (AED 736 per sqft)Sold, August 2021: AED 592,000 (AED 771 per sqft)

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

Rents
Unit 716, each contractTypical one-bed in Al Alka 3
50K100K2012201620202024Typical 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, November 2015: AED 77,175 a yearRenewal, November 2016: AED 81,000 a yearNew contract, November 2018: AED 62,000 a yearNew contract, May 2021: AED 70,000 a yearRenewal, May 2022: AED 70,000 a yearRenewal, May 2023: AED 85,000 a yearNew contract, December 2023: AED 110,000 a yearRenewal, December 2024: AED 110,000 a yearNew contract, February 2026: AED 115,000 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 716 sits

All 65 1-beds →

716 last sold in August 2021 at AED 771 per sqft, 7% below what one-beds in Al Alka 3 were fetching at the time (AED 826). 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. 716's AED 115,000 is in the upper 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 7th floor

All 117 units in Al Alka 3
Value
7151-bedAED 565K · Sep 2020
7172-bedAED 2.2M · Jun 2025
7182-bedAED 1.62M · Mar 2008
7192-bedAED 1.35M · Apr 2018

716, Al Alka 3 in numbers

  • Sold 3 times: first on 1 December 2010 for AED 906,888, last on 10 August 2021 for AED 592,000 (AED 771 per sqft).
  • Rented since November 2015 on 9 Ejari contracts. The rent fell from AED 77,175 to AED 62,000 in 2018 and recovered to AED 115,000 by February 2026.
  • At AED 115,000 a year the gross yield on the 2021 price is 19.4%, 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 11 February 2026.

Questions about 716, Al Alka 3

What did unit 716 last sell for?

AED 592,000 on 10 August 2021: AED 771 per sqft for 768 sqft. The unit has 3 registered sales; the first was AED 906,888 in December 2010.

What is the rent for unit 716?

AED 115,000 a year on the contract signed on 11 February 2026. The previous contract, from December 2024, was AED 110,000; the unit has been rented since November 2015.

How big is unit 716?

768 sqft (71.3 sqm): a one-bedroom apartment on the 7th floor of a 41-storey tower.

What is unit 716 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 716, Al Alka 3

Starts from the last sale price (AED 592K, 10 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 592,000
Deposit, UAE resident (20%)
AED 118,400
Deposit, non-resident (40%)
AED 236,800
Monthly over 25 years at 3.7%
AED 2,422

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