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1-bed · 724 sqftAl Alka 3, The Greens · Ground floor

G06, Al Alka 3

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G06 · DLD and Ejari recordsUpdated 10 September 2022
Last soldAED 437K5 August 2010
Current rentAED 45K /yr10 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G06, Al Alka 3

What is G06 worth today?

Last sold for AED 437,416 in 2010

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10 Sep 2022RentedRenewal
AED 45,000/yr12 months · AED 62 per sqft
10 Sep 2021RentedNew contract
AED 45,000/yr12 months · AED 62 per sqft
15 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 55 per sqft
4 Jul 2016RentedNew contract
AED 80,000/yr12 months · AED 111 per sqft
16 Apr 2012RentedNew contract
AED 63,000/yr12 months · AED 82 per sqft
5 Aug 2010Sold by developerReady
AED 437,416AED 603 per sqft

Source: Dubai Land Department. Updated 10 September 2022.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
Ground of 41
Parking
B-151
Service charge
AED 16,400 /yr
Last sold
AED 437K · August 2010
Building
Al Alka 3

About G06, Al Alka 3

G06 is a one-bedroom apartment of 724 sqft on the ground floor of Al Alka 3, a 41-storey tower in The Greens. The developer sold it on 5 August 2010 for AED 437,416, or AED 603 per sqft, in line with the AED 603 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 10 September 2022, is AED 45,000 a year: a gross yield of 10.3% on the 2010 price, before the service charge of about AED 16,400 a year.

Sales and rents for G06 over time

Sales
Unit G06, 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, August 2010: AED 437,416 (AED 603 per sqft)

G06 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit G06, 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, April 2012: AED 63,000 a yearNew contract, July 2016: AED 80,000 a yearNew contract, November 2020: AED 40,000 a yearNew contract, September 2021: AED 45,000 a yearRenewal, September 2022: AED 45,000 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 G06 sits

All 65 1-beds →

G06 last sold in August 2010 at AED 603 per sqft, in line with what one-beds in Al Alka 3 were fetching at the time (AED 603). 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. G06's AED 45,000 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 ground floor

All 117 units in Al Alka 3
Value
G011-bedAED 1.03M · Jun 2013
G021-bedAED 1.25M · Nov 2024
G031-bedAED 979K · Oct 2010
G041-bedAED 496K · Feb 2010
G052-bedAED 3.1M · Apr 2026
G071-bedAED 1.41M · Oct 2024
G081-bedAED 860K · Aug 2013
1–7 of 17

G06, Al Alka 3 in numbers

  • Sold once: by the developer on 5 August 2010 for AED 437,416, or AED 603 per sqft.
  • Rented since April 2012 on 5 Ejari contracts. The rent fell from AED 63,000 to AED 40,000 in 2020 and recovered to AED 45,000 by September 2022.
  • At AED 45,000 a year the gross yield on the 2010 price is 10.3%, before a service charge of about AED 16,400 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 September 2022.

Questions about G06, Al Alka 3

What did unit G06 last sell for?

AED 437,416 on 5 August 2010, sold by the developer: AED 603 per sqft for 724 sqft. It is the only registered sale of the unit.

What is the rent for unit G06?

AED 45,000 a year on the contract renewed on 10 September 2022. The previous contract, from September 2021, was AED 45,000; the unit has been rented since April 2012.

How big is unit G06?

724 sqft (67.3 sqm): a one-bedroom apartment on the ground floor of a 41-storey tower.

What is unit G06 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 G06, Al Alka 3

Starts from the last sale price (AED 437K, 5 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 437,416
Deposit, UAE resident (20%)
AED 87,483
Deposit, non-resident (40%)
AED 174,966
Monthly over 25 years at 3.7%
AED 1,790

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