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3-bed · 2,079 sqftAl Nakheel 1, The Greens · 5th floor

510, Al Nakheel 1

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

Unit 510 · DLD and Ejari recordsUpdated 20 June 2017
Last soldAED 1.84M20 June 2017
Current rentAED 168K /yr14 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 510, Al Nakheel 1

What is 510 worth today?

Last sold for AED 1,835,000 in 2017

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20 Jun 2017SoldReady
AED 1,835,000AED 882 per sqft
14 Jun 2016RentedRenewal
AED 168,000/yr12 months · AED 81 per sqft
14 Jun 2015RentedRenewal
AED 180,000/yr12 months · AED 87 per sqft
14 Jun 2014RentedNew contract
AED 180,000/yr12 months · AED 87 per sqft
3 Feb 2008Sold by developerReady
AED 908,800AED 437 per sqft

Source: Dubai Land Department. Updated 20 June 2017.

Key facts

Type
3-bed apartment
Size
2,079 sqft
Floor
5th of 6
Parking
nan
Service charge
AED 36,700 /yr
Last sold
AED 1.84M · June 2017
Building
Al Nakheel 1

About 510, Al Nakheel 1

510 is a three-bedroom apartment of 2,079 sqft on the 5th floor of Al Nakheel 1, a 6-storey tower in The Greens. It last sold on 20 June 2017 for AED 1,835,000, or AED 882 per sqft, 12% below the AED 1,001 three-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 14 June 2016, is AED 168,000 a year: a gross yield of 9.2% on the 2017 price, before the service charge of about AED 36,700 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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, February 2008: AED 908,800 (AED 437 per sqft)Sold, June 2017: AED 1,835,000 (AED 882 per sqft)

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

Rents
Unit 510, 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 180,000 a yearRenewal, June 2015: AED 180,000 a yearRenewal, June 2016: AED 168,000 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 510 sits

All 23 3-beds →

510 last sold in June 2017 at AED 882 per sqft, 12% below what three-beds in Al Nakheel 1 were fetching at the time (AED 1,001). 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. 510's AED 168,000 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 5th floor

All 53 units in Al Nakheel 1
Value
5093-bedAED 3.7M · Jan 2026

510, Al Nakheel 1 in numbers

  • Sold twice: first on 3 February 2008 for AED 908,800, last on 20 June 2017 for AED 1,835,000 (AED 882 per sqft).
  • Rented since June 2014 on 3 Ejari contracts, from AED 180,000 to AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2017 price is 9.2%, before a service charge of about AED 36,700 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 20 June 2017.

Questions about 510, Al Nakheel 1

What did unit 510 last sell for?

AED 1,835,000 on 20 June 2017: AED 882 per sqft for 2,079 sqft. The unit has 2 registered sales; the first was AED 908,800 in February 2008.

What is the rent for unit 510?

AED 168,000 a year on the contract renewed on 14 June 2016. The previous contract, from June 2015, was AED 180,000; the unit has been rented since June 2014.

How big is unit 510?

2,079 sqft (193.1 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 510 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 510, Al Nakheel 1

Starts from the last sale price (AED 1.84M, 20 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,835,000
Deposit, UAE resident (20%)
AED 367,000
Deposit, non-resident (40%)
AED 734,000
Monthly over 25 years at 3.7%
AED 7,508

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