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3-bed · 2,070 sqftAl Nakheel 1, The Greens · 3rd floor

310, Al Nakheel 1

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 310 · DLD and Ejari recordsUpdated 11 July 2021
Last soldAED 1.8M11 July 2021
Current rentAED 112K /yr5 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 310, Al Nakheel 1

What is 310 worth today?

Last sold for AED 1,800,000 in 2021

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11 Jul 2021SoldReady
AED 1,800,000AED 869 per sqft
5 Oct 2020RentedRenewal
AED 112,000/yr12 months · AED 54 per sqft
5 Oct 2019RentedNew contract
AED 122,000/yr12 months · AED 59 per sqft
1 Oct 2017RentedNew contract
AED 175,000/yr12 months · AED 85 per sqft
9 Oct 2015RentedRenewal
AED 175,000/yr12 months · AED 85 per sqft
9 Oct 2014RentedRenewal
AED 175,000/yr12 months · AED 85 per sqft
9 Oct 2013RentedRenewal
AED 150,000/yr12 months · AED 73 per sqft
9 Oct 2012RentedNew contract
AED 145,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 11 July 2021.

Key facts

Type
3-bed apartment
Size
2,070 sqft
Floor
3rd of 6
Parking
nan
Service charge
AED 36,600 /yr
Last sold
AED 1.8M · July 2021
Building
Al Nakheel 1

About 310, Al Nakheel 1

310 is a three-bedroom apartment of 2,070 sqft on the 3rd floor of Al Nakheel 1, a 6-storey tower in The Greens. It last sold on 11 July 2021 for AED 1,800,000, or AED 869 per sqft.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 5 October 2020, is AED 112,000 a year: a gross yield of 6.2% on the 2021 price, before the service charge of about AED 36,600 a year.

Sales and rents for 310 over time

Sales
Unit 310, 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, January 2011: AED 1,300,000 (AED 627 per sqft)Sold, July 2021: AED 1,800,000 (AED 869 per sqft)

310 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 310, 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, October 2012: AED 145,000 a yearRenewal, October 2013: AED 150,000 a yearRenewal, October 2014: AED 175,000 a yearRenewal, October 2015: AED 175,000 a yearNew contract, October 2017: AED 175,000 a yearNew contract, October 2019: AED 122,000 a yearRenewal, October 2020: AED 112,000 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 310 sits

All 23 3-beds →

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. 310's AED 112,000 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 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
3042-bedAED 1M · Oct 2017
3051-bedAED 1.3M · May 2024
3063-bedAED 646K · Jun 2010
3071-bedAED 1.1M · Oct 2023
1–7 of 11

310, Al Nakheel 1 in numbers

  • Sold twice: first on 12 January 2011 for AED 1,300,000, last on 11 July 2021 for AED 1,800,000 (AED 869 per sqft).
  • Rented since October 2012 on 7 Ejari contracts, from AED 145,000 to AED 112,000 a year.
  • At AED 112,000 a year the gross yield on the 2021 price is 6.2%, before a service charge of about AED 36,600 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 11 July 2021.

Questions about 310, Al Nakheel 1

What did unit 310 last sell for?

AED 1,800,000 on 11 July 2021: AED 869 per sqft for 2,070 sqft. The unit has 2 registered sales; the first was AED 1,300,000 in January 2011.

What is the rent for unit 310?

AED 112,000 a year on the contract renewed on 5 October 2020. The previous contract, from October 2019, was AED 122,000; the unit has been rented since October 2012.

How big is unit 310?

2,070 sqft (192.3 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 310 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 310, Al Nakheel 1

Starts from the last sale price (AED 1.8M, 11 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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