306, Al Nakheel 1
Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Al Nakheel 1
What is 306 worth today?
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Source: Dubai Land Department. Updated 10 January 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,653 sqft
- Floor
- 3rd of 6
- Parking
- nan
- Service charge
- AED 29,200 /yr
- Last sold
- AED 646K · June 2010
- Building
- Al Nakheel 1
About 306, Al Nakheel 1
306 is a three-bedroom apartment of 1,653 sqft on the 3rd floor of Al Nakheel 1, a 6-storey tower in The Greens. The developer sold it on 24 June 2010 for AED 645,800, or AED 390 per sqft, 30% above the AED 301 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 10 January 2023, is AED 125,000 a year: a gross yield of 19.4% on the 2010 price, before the service charge of about AED 29,200 a year.
Sales and rents for 306 over time
306 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 306 sits
All 23 3-beds →306 last sold in June 2010 at AED 390 per sqft, 30% above what three-beds in Al Nakheel 1 were fetching at the time (AED 301). 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. 306's AED 125,000 is at the bottom 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 3rd floor
All 53 units in Al Nakheel 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,617 sqft | AED 1.58MAED 1,580,000 · Jun 2010June 2010 | 170,000 /yr | |
| 302 | 3-bed | 1,652 sqft | AED 1.8MAED 1,800,000 · Jan 2017January 2017 | 190,000 /yr | |
| 303 | 3-bed | 1,650 sqft | AED 697KAED 696,800 · Jan 2008January 2008 | 160,000 /yr | |
| 304 | 2-bed | 1,518 sqft | AED 1MAED 1,000,000 · Oct 2017October 2017 | 125,000 /yr | |
| 305 | 1-bed | 926 sqft | AED 1.3MAED 1,300,000 · May 2024May 2024 | 100,000 /yr | |
| 307 | 1-bed | 985 sqft | AED 1.1MAED 1,100,000 · Oct 2023October 2023 | 62,000 /yr | |
| 308 | 1-bed | 680 sqft | AED 1.2MAED 1,200,000 · Aug 2026August 2026 | 80,000 /yr | |
| 309 | 3-bed | 2,065 sqft | AED 2.75MAED 2,750,000 · Mar 2014March 2014 | 252,000 /yr | |
| 310 | 3-bed | 2,070 sqft | AED 1.8MAED 1,800,000 · Jul 2021July 2021 | 112,000 /yr | |
| 311 | 2-bed | 1,622 sqft | AED 646KAED 645,800 · Jan 2008January 2008 | 121,275 /yr | |
| 312 | 2-bed | 1,408 sqft | AED 1.68MAED 1,675,000 · Oct 2023October 2023 | 98,175 /yr |
306, Al Nakheel 1 in numbers
- Sold once: by the developer on 24 June 2010 for AED 645,800, or AED 390 per sqft.
- Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 110,000 in 2019 and recovered to AED 125,000 by January 2023.
- At AED 125,000 a year the gross yield on the 2010 price is 19.4%, 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 10 January 2023.
Questions about 306, Al Nakheel 1
What did unit 306 last sell for?
AED 645,800 on 24 June 2010, sold by the developer: AED 390 per sqft for 1,653 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 125,000 a year on the contract signed on 10 January 2023. The previous contract, from February 2021, was AED 125,000; the unit has been rented since April 2014.
How big is unit 306?
1,653 sqft (153.6 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower.
What is unit 306 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 306, Al Nakheel 1
Starts from the last sale price (AED 646K, 24 June 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 645,800
- Deposit, UAE resident (20%)
- AED 129,160
- Deposit, non-resident (40%)
- AED 258,320
- Monthly over 25 years at 3.7%
- AED 2,642
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →