1-bed · 1,077 sqftAl Alka 3, The Greens · Ground floor

G02, Al Alka 3

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.25M1 November 2024
Current rentAED 68K /yr25 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Al Alka 3

What is G02 worth today?

Last sold for AED 1,245,000 in 2024

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1 Nov 2024SoldReady
AED 1,245,000AED 1,155 per sqft
25 May 2024RentedRenewal
AED 68,355/yr12 months · AED 64 per sqft
25 May 2023RentedRenewal
AED 65,100/yr12 months · AED 60 per sqft
25 May 2022RentedRenewal
AED 62,000/yr12 months · AED 58 per sqft
10 May 2021RentedNew contract
AED 60,000/yr12 months · AED 56 per sqft
21 Jul 2020RentedNew contract
AED 63,000/yr12 months · AED 59 per sqft
1 Jul 2019RentedNew contract
AED 71,250/yr12 months · AED 66 per sqft
14 Feb 2019SoldReady
AED 800,000AED 742 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
1,077 sqft
Floor
Ground of 41
Parking
B-210
Service charge
AED 24,400 /yr
Last sold
AED 1.25M · November 2024
Building
Al Alka 3

About G02, Al Alka 3

G02 is a one-bedroom apartment of 1,077 sqft on the ground floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 1 November 2024 for AED 1,245,000, or AED 1,155 per sqft, 18% below the AED 1,411 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 25 May 2024, is AED 68,355 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 24,400 a year.

Sales and rents for G02 over time

Sales
Unit G02, 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, May 2012: AED 672,888 (AED 645 per sqft)Sold, February 2019: AED 800,000 (AED 742 per sqft)Sold, November 2024: AED 1,245,000 (AED 1,155 per sqft)

G02 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G02, each contractTypical one-bed in Al Alka 3
50K75K100K2012201620202024Typical 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, April 2013: AED 68,000 a yearNew contract, April 2015: AED 73,500 a yearNew contract, May 2016: AED 100,000 a yearRenewal, May 2017: AED 100,000 a yearNew contract, July 2018: AED 75,000 a yearNew contract, July 2019: AED 71,250 a yearNew contract, July 2020: AED 63,000 a yearNew contract, May 2021: AED 60,000 a yearRenewal, May 2022: AED 62,000 a yearRenewal, May 2023: AED 65,100 a yearRenewal, May 2024: AED 68,355 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 G02 sits

All 65 1-beds →

G02 last sold in November 2024 at AED 1,155 per sqft, 18% below what one-beds in Al Alka 3 were fetching at the time (AED 1,411). 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. G02's AED 68,355 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 ground floor

All 117 units in Al Alka 3
Value
G011-bedAED 1.03M · Jun 2013
G031-bedAED 979K · Oct 2010
G041-bedAED 496K · Feb 2010
G052-bedAED 3.1M · Apr 2026
G061-bedAED 437K · Aug 2010
G071-bedAED 1.41M · Oct 2024
G081-bedAED 860K · Aug 2013
1–7 of 17

G02, Al Alka 3 in numbers

  • Sold 3 times: first on 27 May 2012 for AED 672,888, last on 1 November 2024 for AED 1,245,000 (AED 1,155 per sqft).
  • Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 68,000 to AED 60,000 in 2021 and recovered to AED 68,355 by May 2024.
  • At AED 68,355 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 24,400 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 November 2024.

Questions about G02, Al Alka 3

What did unit G02 last sell for?

AED 1,245,000 on 1 November 2024: AED 1,155 per sqft for 1,077 sqft. The unit has 3 registered sales; the first was AED 672,888 in May 2012.

What is the rent for unit G02?

AED 68,355 a year on the contract renewed on 25 May 2024. The previous contract, from May 2023, was AED 65,100; the unit has been rented since April 2013.

How big is unit G02?

1,077 sqft (100.1 sqm): a one-bedroom apartment on the ground floor of a 41-storey tower.

What is unit G02 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 G02, Al Alka 3

Starts from the last sale price (AED 1.25M, 1 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,245,000
Deposit, UAE resident (20%)
AED 249,000
Deposit, non-resident (40%)
AED 498,000
Monthly over 25 years at 3.7%
AED 5,094

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