203, Al Nakheel 1
Sold prices and rental history: sold once, by the developer in April 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Al Nakheel 1
What is 203 worth today?
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Source: Dubai Land Department. Updated 20 January 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,650 sqft
- Floor
- 2nd of 6
- Parking
- nan
- Service charge
- AED 29,200 /yr
- Last sold
- AED 690K · April 2008
- Building
- Al Nakheel 1
About 203, Al Nakheel 1
203 is a three-bedroom apartment of 1,650 sqft on the 2nd floor of Al Nakheel 1, a 6-storey tower in The Greens. The developer sold it on 13 April 2008 for AED 689,800, or AED 418 per sqft, in line with the AED 418 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, signed on 20 January 2026, is AED 160,000 a year: a gross yield of 23.2% on the 2008 price, before the service charge of about AED 29,200 a year.
Sales and rents for 203 over time
203 has sold once; the dashed line is the three-bed median of each year in the building.
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 203 sits
All 23 3-beds →203 last sold in April 2008 at AED 418 per sqft, in line with what three-beds in Al Nakheel 1 were fetching at the time (AED 418). 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. 203's AED 160,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,652 sqft | 3,200,000 | 1,937 | ||
| 30 Jan 202630 January 2026 | 2,079 sqft | 3,700,000 | 1,780 | ||
| 15 Aug 202515 August 2025 | 1,653 sqft | 2,750,000 | 1,663 | ||
| 5 Mar 20245 March 2024 | 1,652 sqft | 2,100,000 | 1,271 |
Al Nakheel 1
Building53 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%
Other units on the 2nd floor
All 53 units in Al Nakheel 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,617 sqft | AED 2.25MAED 2,250,000 · Jun 2014June 2014 | 155,000 /yr | |
| 202 | 3-bed | 1,652 sqft | AED 1.95MAED 1,950,000 · Oct 2017October 2017 | ||
| 204 | 2-bed | 1,518 sqft | AED 1.55MAED 1,550,000 · Mar 2018March 2018 | 130,000 /yr | |
| 205 | 1-bed | 926 sqft | AED 930KAED 930,000 · Feb 2013February 2013 | 90,000 /yr | |
| 206 | 3-bed | 1,653 sqft | AED 2.12MAED 2,120,000 · Nov 2015November 2015 | 135,000 /yr | |
| 207 | 1-bed | 985 sqft | AED 1.2MAED 1,200,000 · Apr 2015April 2015 | 86,000 /yr | |
| 208 | 1-bed | 680 sqft | AED 650KAED 650,000 · Jun 2010June 2010 | 133,000 /yr | |
| 209 | 3-bed | 2,065 sqft | AED 2.15MAED 2,150,000 · Apr 2017April 2017 | 156,282 /yr | |
| 210 | 3-bed | 2,070 sqft | No registered sale | 190,000 /yr | |
| 211 | 2-bed | 1,216 sqft | AED 2.01MAED 2,010,000 · Dec 2023December 2023 | 110,000 /yr | |
| 212 | 2-bed | 1,408 sqft | AED 1.16MAED 1,160,000 · Jun 2021June 2021 | 130,000 /yr |
203, Al Nakheel 1 in numbers
- Sold once: by the developer on 13 April 2008 for AED 689,800, or AED 418 per sqft.
- Rented since April 2013 on 15 Ejari contracts. The rent fell from AED 112,350 to AED 100,000 in 2021 and recovered to AED 160,000 by January 2026.
- At AED 160,000 a year the gross yield on the 2008 price is 23.2%, 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 20 January 2026.
Questions about 203, Al Nakheel 1
What did unit 203 last sell for?
AED 689,800 on 13 April 2008, sold by the developer: AED 418 per sqft for 1,650 sqft. It is the only registered sale of the unit.
What is the rent for unit 203?
AED 160,000 a year on the contract signed on 20 January 2026. The previous contract, from January 2025, was AED 160,000; the unit has been rented since April 2013.
How big is unit 203?
1,650 sqft (153.3 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower.
What is unit 203 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 203, Al Nakheel 1
Starts from the last sale price (AED 690K, 13 April 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 689,800
- Deposit, UAE resident (20%)
- AED 137,960
- Deposit, non-resident (40%)
- AED 275,920
- Monthly over 25 years at 3.7%
- AED 2,822
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →