3-bed · 1,653 sqftAl Nakheel 1, The Greens · 1st floor

106, Al Nakheel 1

Sold prices and rental history: sold twice, last in November 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 8 September 2023
Last soldAED 1.26M14 November 2019
Current rentAED 160K /yr8 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Al Nakheel 1

What is 106 worth today?

Last sold for AED 1,260,000 in 2019

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8 Sep 2023RentedRenewal
AED 160,000/yr12 months · AED 97 per sqft
8 Sep 2022RentedNew contract
AED 135,000/yr12 months · AED 81 per sqft
2 Sep 2020RentedNew contract
AED 87,000/yr12 months · AED 52 per sqft
14 Nov 2019SoldReady
AED 1,260,000AED 762 per sqft
15 Sep 2018RentedRenewal
AED 135,000/yr12 months · AED 81 per sqft
15 Sep 2017RentedRenewal
AED 147,000/yr12 months · AED 89 per sqft
15 Sep 2016RentedRenewal
AED 147,000/yr12 months · AED 89 per sqft
15 Sep 2015RentedRenewal
AED 147,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 8 September 2023.

Key facts

Type
3-bed apartment
Size
1,653 sqft
Floor
1st of 6
Parking
nan
Service charge
AED 29,200 /yr
Last sold
AED 1.26M · November 2019
Building
Al Nakheel 1

About 106, Al Nakheel 1

106 is a three-bedroom apartment of 1,653 sqft on the 1st floor of Al Nakheel 1, a 6-storey tower in The Greens. It last sold on 14 November 2019 for AED 1,260,000, or AED 762 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 8 September 2023, is AED 160,000 a year: a gross yield of 12.7% on the 2019 price, before the service charge of about AED 29,200 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical three-bed in Al Nakheel 1
1M2M2008201220162020Typical sale price by year: 2008 AED 908,800; 2010 AED 454,400; 2011 AED 1,300,000; 2012 AED 679,300; 2014 AED 2,230,000; 2016 AED 2,000,000; 2017 AED 1,892,500; 2021 AED 1,800,000Sold by developer, September 2012: AED 635,800 (AED 384 per sqft)Sold, November 2019: AED 1,260,000 (AED 762 per sqft)

106 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 106, each contractTypical three-bed in Al Nakheel 1
100K150K200K2012201620202024Typical rent by year: 2012 AED 132,500; 2013 AED 135,000; 2014 AED 149,241; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 146,000; 2018 AED 132,500; 2019 AED 120,000; 2020 AED 110,000; 2021 AED 112,000; 2022 AED 122,500; 2023 AED 139,700; 2024 AED 160,000; 2025 AED 180,000; 2026 AED 185,000New contract, September 2013: AED 140,000 a yearNew contract, September 2014: AED 147,000 a yearRenewal, September 2015: AED 147,000 a yearRenewal, September 2016: AED 147,000 a yearRenewal, September 2017: AED 147,000 a yearRenewal, September 2018: AED 135,000 a yearNew contract, September 2020: AED 87,000 a yearNew contract, September 2022: AED 135,000 a yearRenewal, September 2023: AED 160,000 a year

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

3-beds in Al Nakheel 1, and where 106 sits

All 23 3-beds →

Over the last 12 months three-beds sold for AED 3,200,000 to 3,700,000, around AED 1,859 per sqft, and rent for AED 138,253 to 252,000 a year. 106's AED 160,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Feb 20263,200,000
30 Jan 20263,700,000
15 Aug 20252,750,000
5 Mar 20242,100,000
2 3-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
1012-bedAED 638K · Apr 2008
1023-bedAED 3.2M · Feb 2026
1033-bedAED 1.1M · Jun 2014
1042-bedAED 1.03M · Sep 2022
1051-bedAED 660K · Jun 2010
1071-bedAED 500K · Jun 2010
1081-bedAED 560K · Nov 2010
1–7 of 11

106, Al Nakheel 1 in numbers

  • Sold twice: first on 26 September 2012 for AED 635,800, last on 14 November 2019 for AED 1,260,000 (AED 762 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 140,000 to AED 87,000 in 2020 and recovered to AED 160,000 by September 2023.
  • At AED 160,000 a year the gross yield on the 2019 price is 12.7%, before a service charge of about AED 29,200 a year (AED 17.68 per sqft).
  • Three-beds in Al Nakheel 1 sold for AED 3,200,000–3,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,780 per sqft.

Source: Dubai Land Department. Updated 8 September 2023.

Questions about 106, Al Nakheel 1

What did unit 106 last sell for?

AED 1,260,000 on 14 November 2019: AED 762 per sqft for 1,653 sqft. The unit has 2 registered sales; the first was AED 635,800 in September 2012.

What is the rent for unit 106?

AED 160,000 a year on the contract renewed on 8 September 2023. The previous contract, from September 2022, was AED 135,000; the unit has been rented since September 2013.

How big is unit 106?

1,653 sqft (153.6 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Nakheel 1 sold for AED 3,200,000 to 3,700,000 in the last 12 months, around AED 1,859 per sqft.

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Mortgage on 106, Al Nakheel 1

Starts from the last sale price (AED 1.26M, 14 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,000
Deposit, UAE resident (20%)
AED 252,000
Deposit, non-resident (40%)
AED 504,000
Monthly over 25 years at 3.7%
AED 5,155

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