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3-bed · 1,653 sqftAl Nakheel 1, The Greens · 2nd floor

206, Al Nakheel 1

Sold prices and rental history: sold 3 times, last in November 2015, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 1 November 2015
Last soldAED 2.12M1 November 2015
Current rentAED 135K /yr8 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Al Nakheel 1

What is 206 worth today?

Last sold for AED 2,120,000 in 2015

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1 Nov 2015SoldReady
AED 2,120,000AED 1,282 per sqft
8 Jul 2013RentedNew contract
AED 135,000/yr12 months · AED 81 per sqft
1 Jul 2012RentedNew contract
AED 105,000/yr12 months · AED 63 per sqft
2 Apr 2008SoldReady
AED 1,000,000AED 605 per sqft
31 Mar 2008Sold by developerReady
AED 640,800AED 387 per sqft

Source: Dubai Land Department. Updated 1 November 2015.

Key facts

Type
3-bed apartment
Size
1,653 sqft
Floor
2nd of 6
Parking
nan
Service charge
AED 29,200 /yr
Last sold
AED 2.12M · November 2015
Building
Al Nakheel 1

About 206, Al Nakheel 1

206 is a three-bedroom apartment of 1,653 sqft on the 2nd floor of Al Nakheel 1, a 6-storey tower in The Greens. It last sold on 1 November 2015 for AED 2,120,000, or AED 1,282 per sqft, in line with the AED 1,282 three-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 8 July 2013, is AED 135,000 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 29,200 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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 2008: AED 640,800 (AED 387 per sqft)Sold, April 2008: AED 1,000,000 (AED 605 per sqft)Sold, November 2015: AED 2,120,000 (AED 1,282 per sqft)

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

Rents
Unit 206, 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 185,000New contract, July 2012: AED 105,000 a yearNew contract, July 2013: AED 135,000 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 206 sits

All 23 3-beds →

206 last sold in November 2015 at AED 1,282 per sqft, in line with what three-beds in Al Nakheel 1 were fetching at the time (AED 1,282). 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. 206's AED 135,000 is at the bottom 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 2nd floor

All 53 units in Al Nakheel 1
Value
2012-bedAED 2.25M · Jun 2014
2023-bedAED 1.95M · Oct 2017
2033-bedAED 690K · Apr 2008
2042-bedAED 1.55M · Mar 2018
2051-bedAED 930K · Feb 2013
2071-bedAED 1.2M · Apr 2015
2081-bedAED 650K · Jun 2010
1–7 of 11

206, Al Nakheel 1 in numbers

  • Sold 3 times: first on 31 March 2008 for AED 640,800, last on 1 November 2015 for AED 2,120,000 (AED 1,282 per sqft).
  • Rented since July 2012 on 2 Ejari contracts, from AED 105,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2015 price is 6.4%, 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 1 November 2015.

Questions about 206, Al Nakheel 1

What did unit 206 last sell for?

AED 2,120,000 on 1 November 2015: AED 1,282 per sqft for 1,653 sqft. The unit has 3 registered sales; the first was AED 640,800 in March 2008.

What is the rent for unit 206?

AED 135,000 a year on the contract signed on 8 July 2013. The previous contract, from July 2012, was AED 105,000.

How big is unit 206?

1,653 sqft (153.6 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 206 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 206, Al Nakheel 1

Starts from the last sale price (AED 2.12M, 1 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,120,000
Deposit, UAE resident (20%)
AED 424,000
Deposit, non-resident (40%)
AED 848,000
Monthly over 25 years at 3.7%
AED 8,674

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