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2-bed · 1,622 sqftAl Nakheel 1, The Greens · 3rd floor

311, Al Nakheel 1

Sold prices and rental history: sold once, by the developer in January 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 646K22 January 2008
Current rentAED 121K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311, Al Nakheel 1

What is 311 worth today?

Last sold for AED 645,800 in 2008

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1 Jun 2025RentedNew contract
AED 121,275/yr12 months · AED 75 per sqft
1 Jun 2024RentedNew contract
AED 115,500/yr12 months · AED 71 per sqft
1 Jun 2023RentedRenewal
AED 105,000/yr12 months · AED 65 per sqft
1 Jun 2022RentedRenewal
AED 87,500/yr12 months · AED 54 per sqft
1 Jun 2021RentedRenewal
AED 100,000/yr12 months · AED 62 per sqft
1 Jun 2020RentedRenewal
AED 100,000/yr12 months · AED 62 per sqft
1 Jun 2019RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
7 Feb 2017RentedRenewal
AED 140,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
2-bed apartment
Size
1,622 sqft
Floor
3rd of 6
Parking
nan
Service charge
AED 28,700 /yr
Last sold
AED 646K · January 2008
Building
Al Nakheel 1

About 311, Al Nakheel 1

311 is a two-bedroom apartment of 1,622 sqft on the 3rd floor of Al Nakheel 1, a 6-storey tower in The Greens. The developer sold it on 22 January 2008 for AED 645,800, or AED 398 per sqft.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 1 June 2025, is AED 121,275 a year: a gross yield of 18.8% on the 2008 price, before the service charge of about AED 28,700 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical two-bed in Al Nakheel 1
500K1M1.5M20082012201620202024Typical 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, January 2008: AED 645,800 (AED 398 per sqft)

311 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 311, each contractTypical two-bed in Al Nakheel 1
100K150K2013201720212025Typical 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 2015: AED 140,000 a yearNew contract, February 2016: AED 140,000 a yearRenewal, February 2017: AED 140,000 a yearNew contract, June 2019: AED 100,000 a yearRenewal, June 2020: AED 100,000 a yearRenewal, June 2021: AED 100,000 a yearRenewal, June 2022: AED 87,500 a yearRenewal, June 2023: AED 105,000 a yearNew contract, June 2024: AED 115,500 a yearNew contract, June 2025: AED 121,275 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 311 sits

All 14 2-beds →

311's AED 121,275 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
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

311, Al Nakheel 1 in numbers

  • Sold once: by the developer on 22 January 2008 for AED 645,800, or AED 398 per sqft.
  • Rented since February 2015 on 10 Ejari contracts. The rent fell from AED 140,000 to AED 87,500 in 2022 and recovered to AED 121,275 by June 2025.
  • At AED 121,275 a year the gross yield on the 2008 price is 18.8%, before a service charge of about AED 28,700 a year (AED 17.68 per sqft).

Source: Dubai Land Department. Updated 1 June 2025.

Questions about 311, Al Nakheel 1

What did unit 311 last sell for?

AED 645,800 on 22 January 2008, sold by the developer: AED 398 per sqft for 1,622 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 121,275 a year on the contract signed on 1 June 2025. The previous contract, from June 2024, was AED 115,500; the unit has been rented since February 2015.

How big is unit 311?

1,622 sqft (150.7 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 311 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 311, Al Nakheel 1

Starts from the last sale price (AED 646K, 22 January 2008). 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 →