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3-bed · 2,065 sqftAl Nakheel 1, The Greens · 2nd floor

209, Al Nakheel 1

Sold prices and rental history: sold 3 times, last in April 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 6 April 2017
Last soldAED 2.15M6 April 2017
Current rentAED 156K /yr15 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 209, Al Nakheel 1

What is 209 worth today?

Last sold for AED 2,150,000 in 2017

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6 Apr 2017SoldReady
AED 2,150,000AED 1,041 per sqft
27 Jun 2016SoldReady
AED 2,000,000AED 968 per sqft
15 Jun 2016RentedNew contract
AED 156,282/yr12 months · AED 76 per sqft
14 Jun 2015RentedRenewal
AED 156,282/yr12 months · AED 76 per sqft
15 Jun 2014RentedNew contract
AED 149,241/yr12 months · AED 72 per sqft
20 Jun 2010Sold by developerReady
AED 431,900AED 209 per sqft

Source: Dubai Land Department. Updated 6 April 2017.

Key facts

Type
3-bed apartment
Size
2,065 sqft
Floor
2nd of 6
Parking
nan
Service charge
AED 36,500 /yr
Last sold
AED 2.15M · April 2017
Building
Al Nakheel 1

About 209, Al Nakheel 1

209 is a three-bedroom apartment of 2,065 sqft on the 2nd floor of Al Nakheel 1, a 6-storey tower in The Greens. It last sold on 6 April 2017 for AED 2,150,000, or AED 1,041 per sqft, in line with the AED 1,034 three-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 15 June 2016, is AED 156,282 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 36,500 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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, June 2010: AED 431,900 (AED 209 per sqft)Sold, June 2016: AED 2,000,000 (AED 968 per sqft)Sold, April 2017: AED 2,150,000 (AED 1,041 per sqft)

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

Rents
Unit 209, 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, June 2014: AED 149,241 a yearRenewal, June 2015: AED 156,282 a yearNew contract, June 2016: AED 156,282 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 209 sits

All 23 3-beds →

209 last sold in April 2017 at AED 1,041 per sqft, in line with what three-beds in Al Nakheel 1 were fetching at the time (AED 1,034). 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. 209's AED 156,282 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 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
2063-bedAED 2.12M · Nov 2015
2071-bedAED 1.2M · Apr 2015
1–7 of 11

209, Al Nakheel 1 in numbers

  • Sold 3 times: first on 20 June 2010 for AED 431,900, last on 6 April 2017 for AED 2,150,000 (AED 1,041 per sqft).
  • Rented since June 2014 on 3 Ejari contracts, from AED 149,241 to AED 156,282 a year.
  • At AED 156,282 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 36,500 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 6 April 2017.

Questions about 209, Al Nakheel 1

What did unit 209 last sell for?

AED 2,150,000 on 6 April 2017: AED 1,041 per sqft for 2,065 sqft. The unit has 3 registered sales; the first was AED 431,900 in June 2010.

What is the rent for unit 209?

AED 156,282 a year on the contract signed on 15 June 2016. The previous contract, from June 2015, was AED 156,282; the unit has been rented since June 2014.

How big is unit 209?

2,065 sqft (191.8 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 209 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 209, Al Nakheel 1

Starts from the last sale price (AED 2.15M, 6 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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