2-bed · 1,622 sqftAl Nakheel 1, The Greens · 1st floor

111, Al Nakheel 1

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 29 March 2026
Last soldAED 1.66M1 December 2023
Current rentAED 240K /yr29 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Al Nakheel 1

What is 111 worth today?

Last sold for AED 1,663,000 in 2023

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29 Mar 2026RentedNew contract
AED 240,000/yr12 months · AED 148 per sqft
5 Aug 2024RentedNew contract
AED 240,000/yr12 months · AED 148 per sqft
5 Aug 2024RentedNew contract
AED 240,000/yr12 months · AED 148 per sqft
1 Dec 2023SoldReady
AED 1,663,000AED 1,025 per sqft
15 Mar 2022RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
15 Sep 2019RentedRenewal
AED 95,000/yr12 months · AED 58 per sqft
15 Sep 2018RentedNew contract
AED 106,000/yr12 months · AED 65 per sqft
20 May 2017RentedRenewal
AED 120,750/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 29 March 2026.

Key facts

Type
2-bed apartment
Size
1,622 sqft
Floor
1st of 6
Parking
nan
Service charge
AED 28,700 /yr
Last sold
AED 1.66M · December 2023
Building
Al Nakheel 1

About 111, Al Nakheel 1

111 is a two-bedroom apartment of 1,622 sqft on the 1st floor of Al Nakheel 1, a 6-storey tower in The Greens. It last sold on 1 December 2023 for AED 1,663,000, or AED 1,025 per sqft.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 29 March 2026, is AED 240,000 a year: a gross yield of 14.4% on the 2023 price, before the service charge of about AED 28,700 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical two-bed in Al Nakheel 1
500K1M1.5M2008201320182023Typical 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, May 2010: AED 637,800 (AED 393 per sqft)Sold, December 2023: AED 1,663,000 (AED 1,025 per sqft)

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

Rents
Unit 111, each contractTypical two-bed in Al Nakheel 1
100K200K2013201720212025Typical 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, May 2013: AED 115,000 a yearNew contract, May 2015: AED 120,750 a yearRenewal, May 2016: AED 120,750 a yearRenewal, May 2017: AED 120,750 a yearNew contract, September 2018: AED 106,000 a yearRenewal, September 2019: AED 95,000 a yearNew contract, March 2022: AED 100,000 a yearNew contract, August 2024: AED 240,000 a yearNew contract, August 2024: AED 240,000 a yearNew contract, March 2026: AED 240,000 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 111 sits

All 14 2-beds →

111's AED 240,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Dec 20232,010,000
26 Oct 20231,675,000
29 Sep 20221,025,000
17 Jan 20221,400,000
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
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
1063-bedAED 1.26M · Nov 2019
1071-bedAED 500K · Jun 2010
1–7 of 11

111, Al Nakheel 1 in numbers

  • Sold twice: first on 3 May 2010 for AED 637,800, last on 1 December 2023 for AED 1,663,000 (AED 1,025 per sqft).
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 95,000 in 2019 and recovered to AED 240,000 by March 2026.
  • At AED 240,000 a year the gross yield on the 2023 price is 14.4%, before a service charge of about AED 28,700 a year (AED 17.68 per sqft).

Source: Dubai Land Department. Updated 29 March 2026.

Questions about 111, Al Nakheel 1

What did unit 111 last sell for?

AED 1,663,000 on 1 December 2023: AED 1,025 per sqft for 1,622 sqft. The unit has 2 registered sales; the first was AED 637,800 in May 2010.

What is the rent for unit 111?

AED 240,000 a year on the contract signed on 29 March 2026. The previous contract, from August 2024, was AED 240,000; the unit has been rented since May 2013.

How big is unit 111?

1,622 sqft (150.7 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 111 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 111, Al Nakheel 1

Starts from the last sale price (AED 1.66M, 1 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,663,000
Deposit, UAE resident (20%)
AED 332,600
Deposit, non-resident (40%)
AED 665,200
Monthly over 25 years at 3.7%
AED 6,804

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