G12B, Al Alka 3
Sold prices and rental history: sold 5 times, last in May 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G12B, Al Alka 3
What is G12B worth today?
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Source: Dubai Land Department. Updated 21 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 460 sqft
- Floor
- Ground of 41
- Parking
- B-117
- Service charge
- AED 10,400 /yr
- Last sold
- AED 680K · May 2013
- Building
- Al Alka 3
About G12B, Al Alka 3
G12B is a studio of 460 sqft on the ground floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 5 May 2013 for AED 680,000, or AED 1,479 per sqft, 23% above the AED 1,205 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 21 January 2026, is AED 53,361 a year: a gross yield of 7.8% on the 2013 price, before the service charge of about AED 10,400 a year.
Sales and rents for G12B over time
G12B has sold 5 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Alka 3, and where G12B sits
All 20 studios →G12B last sold in May 2013 at AED 1,479 per sqft, 23% above what studios in Al Alka 3 were fetching at the time (AED 1,205). Over the last 12 months studios sold for AED 900,000, around AED 2,080 per sqft, and rent for AED 52,000 to 72,000 a year. G12B's AED 53,361 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Feb 202626 February 2026 | 432 sqft | 900,000 | 2,080 | ||
| 17 Sep 202517 September 2025 | 438 sqft | 865,000 | 1,973 | ||
| 23 Jun 202523 June 2025 | 496 sqft | 820,000 | 1,654 | ||
| 13 May 202513 May 2025 | 432 sqft | 935,000 | 2,161 |
Al Alka 3
Building117 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%
Other units on the ground floor
All 117 units in Al Alka 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 1-bed | 1,042 sqft | AED 1.03MAED 1,025,000 · Jun 2013June 2013 | 69,286 /yr | |
| G02 | 1-bed | 1,077 sqft | AED 1.25MAED 1,245,000 · Nov 2024November 2024 | 68,355 /yr | |
| G03 | 1-bed | 1,042 sqft | AED 979KAED 978,621 · Oct 2010October 2010 | ||
| G04 | 1-bed | 1,076 sqft | AED 496KAED 496,101 · Feb 2010February 2010 | 90,000 /yr | |
| G05 | 2-bed | 2,320 sqft | AED 3.1MAED 3,100,000 · Apr 2026April 2026 | 162,000 /yr | |
| G06 | 1-bed | 724 sqft | AED 437KAED 437,416 · Aug 2010August 2010 | 45,000 /yr | |
| G07 | 1-bed | 724 sqft | AED 1.41MAED 1,410,000 · Oct 2024October 2024 | 120,000 /yr | |
| G08 | 1-bed | 724 sqft | AED 860KAED 860,000 · Aug 2013August 2013 | 105,000 /yr | |
| G09 | 1-bed | 724 sqft | AED 1.06MAED 1,060,000 · Dec 2023December 2023 | 108,000 /yr | |
| G10 | 1-bed | 724 sqft | AED 1.27MAED 1,272,000 · Aug 2026August 2026 | 95,000 /yr | |
| G11 | 2-bed | 1,003 sqft | AED 1.23MAED 1,225,000 · Mar 2023March 2023 | 100,000 /yr | |
| G12A | Studio | 444 sqft | AED 680KAED 680,000 · Feb 2016February 2016 | 65,000 /yr | |
| G13A | Studio | 460 sqft | AED 930KAED 930,000 · Jan 2025January 2025 | 40,050 /yr | |
| G15 | 1-bed | 991 sqft | AED 1.2MAED 1,200,000 · Aug 2024August 2024 | 50,400 /yr | |
| G16 | 1-bed | 908 sqft | AED 975KAED 975,000 · Nov 2017November 2017 | ||
| G18 | 2-bed | 2,414 sqft | AED 1.8MAED 1,800,000 · Aug 2023August 2023 | 150,000 /yr | |
| G19 | 2-bed | 2,030 sqft | AED 1.7MAED 1,700,000 · May 2022May 2022 | 150,000 /yr |
G12B, Al Alka 3 in numbers
- Sold 5 times: first on 17 September 2008 for AED 632,857, last on 5 May 2013 for AED 680,000 (AED 1,479 per sqft).
- Rented since July 2018 on 9 Ejari contracts. The rent fell from AED 47,000 to AED 28,000 in 2020 and recovered to AED 53,361 by January 2026.
- At AED 53,361 a year the gross yield on the 2013 price is 7.8%, before a service charge of about AED 10,400 a year (AED 22.63 per sqft).
- Studios in Al Alka 3 sold for AED 900,000–900,000 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 21 January 2026.
Questions about G12B, Al Alka 3
What did unit G12B last sell for?
AED 680,000 on 5 May 2013: AED 1,479 per sqft for 460 sqft. The unit has 5 registered sales; the first was AED 632,857 in September 2008.
What is the rent for unit G12B?
AED 53,361 a year on the contract renewed on 21 January 2026. The previous contract, from January 2025, was AED 50,820; the unit has been rented since July 2018.
How big is unit G12B?
460 sqft (42.7 sqm): a studio on the ground floor of a 41-storey tower.
What is unit G12B worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Alka 3 sold for AED 900,000 to 900,000 in the last 12 months, around AED 2,080 per sqft.
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Mortgage on G12B, Al Alka 3
Starts from the last sale price (AED 680K, 5 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 680,000
- Deposit, UAE resident (20%)
- AED 136,000
- Deposit, non-resident (40%)
- AED 272,000
- Monthly over 25 years at 3.7%
- AED 2,782
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →