2-bed · 1,617 sqftAl Nakheel 1, The Greens · 1st floor

101, Al Nakheel 1

Sold prices and rental history: sold once, by the developer in April 2008, and rented since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 15 March 2016
Last soldAED 638K29 April 2008
Current rentAED 140K /yr15 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Al Nakheel 1

What is 101 worth today?

Last sold for AED 637,800 in 2008

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15 Mar 2016RentedNew contract
AED 140,000/yr12 months · AED 87 per sqft
1 Aug 2014RentedNew contract
AED 140,000/yr12 months · AED 87 per sqft
1 Aug 2011RentedNew contract
AED 250,000/yr24 months · AED 155 per sqft
29 Apr 2008Sold by developerReady
AED 637,800AED 394 per sqft

Source: Dubai Land Department. Updated 15 March 2016.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
1st of 6
Parking
nan
Service charge
AED 28,600 /yr
Last sold
AED 638K · April 2008
Building
Al Nakheel 1

About 101, Al Nakheel 1

101 is a two-bedroom apartment of 1,617 sqft on the 1st floor of Al Nakheel 1, a 6-storey tower in The Greens. The developer sold it on 29 April 2008 for AED 637,800, or AED 394 per sqft.

It has been rented since 2011 on 3 Ejari contracts. The current contract, signed on 15 March 2016, is AED 140,000 a year: a gross yield of 21.9% on the 2008 price, before the service charge of about AED 28,600 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical two-bed in Al Nakheel 1
500K1M1.5M20082012201620202024Typical sale price by year: 2008 AED 637,800; 2009 AED 650,000; 2010 AED 900,000; 2011 AED 1,350,000; 2023 AED 1,675,000Sold by developer, April 2008: AED 637,800 (AED 394 per sqft)

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

Rents
Unit 101, each contractTypical two-bed in Al Nakheel 1
100K200K20112015201920232027Typical rent by year: 2013 AED 110,000; 2014 AED 145,000; 2015 AED 130,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 106,000; 2019 AED 101,500; 2020 AED 101,500; 2021 AED 90,000; 2022 AED 95,000; 2023 AED 101,588; 2024 AED 113,500; 2025 AED 115,000; 2026 AED 142,500New contract, August 2011: AED 250,000 a yearNew contract, August 2014: AED 140,000 a yearNew contract, March 2016: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Nakheel 1, and where 101 sits

All 14 2-beds →

101's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Dec 20232,010,000
1 Dec 20231,663,000
26 Oct 20231,675,000
29 Sep 20221,025,000
0 2-bed sales in the last 12 months

Al Nakheel 1

Building

53 apartments, 1-bed to 3-bed over 6 floors in The Greens. 3 sold in the last 12 months.

Typical price per sqft
AED 1,780
Typical sale
AED 3.2M
Typical rent
AED 138K /yr
Typical yield
5.5%
Al Nakheel 1, The Greens: prices, sales and rents →

Other units on the 1st floor

All 53 units in Al Nakheel 1
Value
1023-bedAED 3.2M · Feb 2026
1033-bedAED 1.1M · Jun 2014
1042-bedAED 1.03M · Sep 2022
1051-bedAED 660K · Jun 2010
1063-bedAED 1.26M · Nov 2019
1071-bedAED 500K · Jun 2010
1081-bedAED 560K · Nov 2010
1–7 of 11

101, Al Nakheel 1 in numbers

  • Sold once: by the developer on 29 April 2008 for AED 637,800, or AED 394 per sqft.
  • Rented since August 2011 on 3 Ejari contracts, from AED 250,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2008 price is 21.9%, before a service charge of about AED 28,600 a year (AED 17.68 per sqft).

Source: Dubai Land Department. Updated 15 March 2016.

Questions about 101, Al Nakheel 1

What did unit 101 last sell for?

AED 637,800 on 29 April 2008, sold by the developer: AED 394 per sqft for 1,617 sqft. It is the only registered sale of the unit.

What is the rent for unit 101?

AED 140,000 a year on the contract signed on 15 March 2016. The previous contract, from August 2014, was AED 140,000; the unit has been rented since August 2011.

How big is unit 101?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 101, Al Nakheel 1

Starts from the last sale price (AED 638K, 29 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 637,800
Deposit, UAE resident (20%)
AED 127,560
Deposit, non-resident (40%)
AED 255,120
Monthly over 25 years at 3.7%
AED 2,609

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