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2-bed · 1,518 sqftAl Nakheel 1, The Greens · 3rd floor

304, Al Nakheel 1

Sold prices and rental history: sold 3 times, last in October 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1M18 October 2017
Current rentAED 125K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Al Nakheel 1

What is 304 worth today?

Last sold for AED 1,000,000 in 2017

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1 Feb 2026RentedRenewal
AED 125,000/yr12 months · AED 83 per sqft
1 Feb 2025RentedRenewal
AED 100,000/yr12 months · AED 66 per sqft
1 Feb 2025RentedRenewal
AED 100,000/yr12 months · AED 66 per sqft
11 Jul 2024RentedNew contract
AED 100,007/yr7 months · AED 66 per sqft
1 Feb 2024RentedRenewal
AED 100,000/yr24 months · AED 66 per sqft
1 Feb 2023RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
1 Feb 2022RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
18 Oct 2017SoldReady
AED 1,000,000AED 658 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
1,518 sqft
Floor
3rd of 6
Parking
nan
Service charge
AED 26,800 /yr
Last sold
AED 1M · October 2017
Building
Al Nakheel 1

About 304, Al Nakheel 1

304 is a two-bedroom apartment of 1,518 sqft on the 3rd floor of Al Nakheel 1, a 6-storey tower in The Greens. It last sold on 18 October 2017 for AED 1,000,000, or AED 658 per sqft.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 125,000 a year: a gross yield of 12.5% on the 2017 price, before the service charge of about AED 26,800 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Al Nakheel 1
1M20082012201620202024Typical 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, December 2011: AED 357,900 (AED 235 per sqft)Sold, December 2012: AED 1,350,000 (AED 889 per sqft)Sold, October 2017: AED 1,000,000 (AED 658 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Al Nakheel 1
100K125K150K2013201720212025Typical 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, February 2022: AED 90,000 a yearRenewal, February 2023: AED 90,000 a yearRenewal, February 2024: AED 100,000 a yearNew contract, July 2024: AED 100,007 a yearRenewal, February 2025: AED 100,000 a yearRenewal, February 2025: AED 100,000 a yearRenewal, February 2026: AED 125,000 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 304 sits

All 14 2-beds →

304's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Dec 20232,010,000
1 Dec 20231,663,000
26 Oct 20231,675,000
29 Sep 20221,025,000
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 3rd floor

All 53 units in Al Nakheel 1
Value
3012-bedAED 1.58M · Jun 2010
3023-bedAED 1.8M · Jan 2017
3033-bedAED 697K · Jan 2008
3051-bedAED 1.3M · May 2024
3063-bedAED 646K · Jun 2010
3071-bedAED 1.1M · Oct 2023
3081-bedAED 1.2M · Aug 2026
1–7 of 11

304, Al Nakheel 1 in numbers

  • Sold 3 times: first on 20 December 2011 for AED 357,900, last on 18 October 2017 for AED 1,000,000 (AED 658 per sqft).
  • Rented since February 2022 on 7 Ejari contracts, from AED 90,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2017 price is 12.5%, before a service charge of about AED 26,800 a year (AED 17.68 per sqft).

Source: Dubai Land Department. Updated 1 February 2026.

Questions about 304, Al Nakheel 1

What did unit 304 last sell for?

AED 1,000,000 on 18 October 2017: AED 658 per sqft for 1,518 sqft. The unit has 3 registered sales; the first was AED 357,900 in December 2011.

What is the rent for unit 304?

AED 125,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 100,000; the unit has been rented since February 2022.

How big is unit 304?

1,518 sqft (141.0 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 304 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 304, Al Nakheel 1

Starts from the last sale price (AED 1M, 18 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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