3-bed · 1,653 sqftAl Nakheel 2, The Greens · 1st floor

106, Al Nakheel 2

Sold prices and rental history: sold once, by the developer in March 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 25 January 2022
Last soldAED 700K24 March 2008
Current rentAED 104K /yr25 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Al Nakheel 2

What is 106 worth today?

Last sold for AED 700,000 in 2008

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25 Jan 2022RentedRenewal
AED 104,000/yr12 months · AED 63 per sqft
25 Jan 2021RentedRenewal
AED 91,500/yr12 months · AED 55 per sqft
25 Jan 2020RentedNew contract
AED 110,000/yr12 months · AED 66 per sqft
1 Apr 2019RentedRenewal
AED 135,000/yr12 months · AED 81 per sqft
3 Mar 2016RentedNew contract
AED 168,000/yr12 months · AED 101 per sqft
24 Mar 2008Sold by developerReady
AED 700,000AED 423 per sqft

Source: Dubai Land Department. Updated 25 January 2022.

Key facts

Type
3-bed apartment
Size
1,653 sqft
Floor
1st of 6
Parking
nan
Service charge
AED 29,200 /yr
Last sold
AED 700K · March 2008
Building
Al Nakheel 2

About 106, Al Nakheel 2

106 is a three-bedroom apartment of 1,653 sqft on the 1st floor of Al Nakheel 2, a 6-storey tower in The Greens. The developer sold it on 24 March 2008 for AED 700,000, or AED 423 per sqft, in line with the AED 431 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 25 January 2022, is AED 104,000 a year: a gross yield of 14.9% on the 2008 price, before the service charge of about AED 29,200 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical three-bed in Al Nakheel 2
1M2M2007201120152019Typical sale price by year: 2007 AED 850,000; 2008 AED 1,245,344; 2009 AED 883,800; 2010 AED 671,300; 2011 AED 1,225,000; 2014 AED 2,170,000; 2020 AED 1,550,000Sold by developer, March 2008: AED 700,000 (AED 423 per sqft)

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

Rents
Unit 106, each contractTypical three-bed in Al Nakheel 2
100K150K2012201620202024Typical rent by year: 2012 AED 119,500; 2013 AED 147,000; 2014 AED 167,500; 2015 AED 161,500; 2016 AED 166,500; 2017 AED 160,000; 2018 AED 135,000; 2019 AED 135,000; 2020 AED 110,000; 2021 AED 105,000; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 173,500; 2025 AED 181,000; 2026 AED 180,000New contract, March 2016: AED 168,000 a yearRenewal, April 2019: AED 135,000 a yearNew contract, January 2020: AED 110,000 a yearRenewal, January 2021: AED 91,500 a yearRenewal, January 2022: AED 104,000 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 2, and where 106 sits

All 23 3-beds →

106 last sold in March 2008 at AED 423 per sqft, in line with what three-beds in Al Nakheel 2 were fetching at the time (AED 431). Over the last 12 months three-beds sold for AED 2,460,482, around AED 1,488 per sqft, and rent for AED 150,000 to 215,000 a year. 106's AED 104,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Feb 20262,460,482
8 Sep 20252,650,000
25 Aug 20253,150,000
15 Jul 20242,350,000
1 3-bed sale in the last 12 months

Al Nakheel 2

Building

53 apartments, 1-bed to 3-bed over 6 floors in The Greens. 4 sold in the last 12 months.

Typical price per sqft
AED 1,627
Typical sale
AED 2M
Typical rent
AED 178K /yr
Typical yield
6.8%
Al Nakheel 2, The Greens: prices, sales and rents →

Other units on the 1st floor

All 53 units in Al Nakheel 2
Value
1012-bedAED 1.82M · Jun 2016
1023-bedAED 2.65M · Sep 2025
1033-bedAED 3.15M · Aug 2025
1042-bedAED 1.9M · Jun 2024
1051-bedAED 820K · Aug 2021
1071-bedAED 1.02M · Apr 2013
1081-bedAED 1.18M · Jun 2025
1–7 of 11

106, Al Nakheel 2 in numbers

  • Sold once: by the developer on 24 March 2008 for AED 700,000, or AED 423 per sqft.
  • Rented since March 2016 on 5 Ejari contracts. The rent fell from AED 168,000 to AED 91,500 in 2021 and recovered to AED 104,000 by January 2022.
  • At AED 104,000 a year the gross yield on the 2008 price is 14.9%, before a service charge of about AED 29,200 a year (AED 17.68 per sqft).
  • Three-beds in Al Nakheel 2 sold for AED 2,460,482–2,460,482 in the 12 months to November 2026; the building's median across all types is AED 1,627 per sqft.

Source: Dubai Land Department. Updated 25 January 2022.

Questions about 106, Al Nakheel 2

What did unit 106 last sell for?

AED 700,000 on 24 March 2008, sold by the developer: AED 423 per sqft for 1,653 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 104,000 a year on the contract renewed on 25 January 2022. The previous contract, from January 2021, was AED 91,500; the unit has been rented since March 2016.

How big is unit 106?

1,653 sqft (153.6 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 106 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 2 sold for AED 2,460,482 to 2,460,482 in the last 12 months, around AED 1,488 per sqft.

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Mortgage on 106, Al Nakheel 2

Starts from the last sale price (AED 700K, 24 March 2008). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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