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1-bed · 908 sqftAl Alka 3, The Greens · Ground floor

G16, Al Alka 3

Sold prices and rental history: sold 4 times, last in November 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G16 · DLD and Ejari recordsUpdated 16 November 2017
Last soldAED 975K16 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G16, Al Alka 3

What is G16 worth today?

Last sold for AED 975,000 in 2017

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16 Nov 2017SoldReady
AED 975,000AED 1,073 per sqft
22 Mar 2012SoldReady
AED 650,000AED 715 per sqft
3 Nov 2011SoldReady
AED 532,000AED 585 per sqft
1 Jun 2009Sold by developerReady
AED 790,999AED 870 per sqft

Source: Dubai Land Department. Updated 16 November 2017.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
Ground of 41
Parking
B-123
Service charge
AED 20,600 /yr
Last sold
AED 975K · November 2017
Building
Al Alka 3

About G16, Al Alka 3

G16 is a one-bedroom apartment of 908 sqft on the ground floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 16 November 2017 for AED 975,000, or AED 1,073 per sqft, 22% below the AED 1,371 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G16 over time

Sales
Unit G16, 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, June 2009: AED 790,999 (AED 870 per sqft)Sold, November 2011: AED 532,000 (AED 585 per sqft)Sold, March 2012: AED 650,000 (AED 715 per sqft)Sold, November 2017: AED 975,000 (AED 1,073 per sqft)

G16 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G16, each contractTypical one-bed in Al Alka 3
40K60K80K2012201620202024Typical 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 90,000

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 G16 sits

All 65 1-beds →

G16 last sold in November 2017 at AED 1,073 per sqft, 22% below what one-beds in Al Alka 3 were fetching at the time (AED 1,371). 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.

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
G061-bedAED 437K · Aug 2010
G071-bedAED 1.41M · Oct 2024
1–7 of 17

G16, Al Alka 3 in numbers

  • Sold 4 times: first on 1 June 2009 for AED 790,999, last on 16 November 2017 for AED 975,000 (AED 1,073 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 16 November 2017.

Questions about G16, Al Alka 3

What did unit G16 last sell for?

AED 975,000 on 16 November 2017: AED 1,073 per sqft for 908 sqft. The unit has 4 registered sales; the first was AED 790,999 in June 2009.

How big is unit G16?

908 sqft (84.4 sqm): a one-bedroom apartment on the ground floor of a 41-storey tower.

What is unit G16 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 G16, Al Alka 3

Starts from the last sale price (AED 975K, 16 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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