3-bed · 1,652 sqftAl Nakheel 1, The Greens · 2nd floor

202, Al Nakheel 1

Sold prices and rental history: sold 3 times, last in October 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 26 October 2017
Last soldAED 1.95M26 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Al Nakheel 1

What is 202 worth today?

Last sold for AED 1,950,000 in 2017

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26 Oct 2017SoldReady
AED 1,950,000AED 1,180 per sqft
26 Jan 2017SoldReady
AED 1,800,000AED 1,089 per sqft
12 Mar 2013Sold by developerReady
AED 670,800AED 406 per sqft

Source: Dubai Land Department. Updated 26 October 2017.

Key facts

Type
3-bed apartment
Size
1,652 sqft
Floor
2nd of 6
Parking
nan
Service charge
AED 29,200 /yr
Last sold
AED 1.95M · October 2017
Building
Al Nakheel 1

About 202, Al Nakheel 1

202 is a three-bedroom apartment of 1,652 sqft on the 2nd floor of Al Nakheel 1, a 6-storey tower in The Greens. It last sold on 26 October 2017 for AED 1,950,000, or AED 1,180 per sqft, 11% above the AED 1,065 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 202 over time

Sales
Unit 202, 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, March 2013: AED 670,800 (AED 406 per sqft)Sold, January 2017: AED 1,800,000 (AED 1,089 per sqft)Sold, October 2017: AED 1,950,000 (AED 1,180 per sqft)

202 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 202, each contractTypical three-bed in Al Nakheel 1
100K150K2012201620202024Typical 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 185,000

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 202 sits

All 23 3-beds →

202 last sold in October 2017 at AED 1,180 per sqft, 11% above what three-beds in Al Nakheel 1 were fetching at the time (AED 1,065). 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.

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 2nd floor

All 53 units in Al Nakheel 1
Value
2012-bedAED 2.25M · Jun 2014
2033-bedAED 690K · Apr 2008
2042-bedAED 1.55M · Mar 2018
2051-bedAED 930K · Feb 2013
2063-bedAED 2.12M · Nov 2015
2071-bedAED 1.2M · Apr 2015
2081-bedAED 650K · Jun 2010
1–7 of 11

202, Al Nakheel 1 in numbers

  • Sold 3 times: first on 12 March 2013 for AED 670,800, last on 26 October 2017 for AED 1,950,000 (AED 1,180 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 26 October 2017.

Questions about 202, Al Nakheel 1

What did unit 202 last sell for?

AED 1,950,000 on 26 October 2017: AED 1,180 per sqft for 1,652 sqft. The unit has 3 registered sales; the first was AED 670,800 in March 2013.

How big is unit 202?

1,652 sqft (153.5 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 202 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 202, Al Nakheel 1

Starts from the last sale price (AED 1.95M, 26 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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