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3-bed · 2,065 sqftAl Nakheel 2, The Greens · 1st floor

109, Al Nakheel 2

Sold prices and rental history: sold 3 times, last in December 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 14 December 2016
Last soldAED 2.2M14 December 2016
Current rentAED 114K /yr1 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 109, Al Nakheel 2

What is 109 worth today?

Last sold for AED 2,200,000 in 2016

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14 Dec 2016SoldReady
AED 2,200,000AED 1,065 per sqft
1 Aug 2015RentedRenewal
AED 114,000/yr12 months · AED 55 per sqft
1 Aug 2014RentedRenewal
AED 114,000/yr12 months · AED 55 per sqft
1 Aug 2013RentedNew contract
AED 114,000/yr12 months · AED 55 per sqft
1 Aug 2012RentedNew contract
AED 114,000/yr12 months · AED 55 per sqft
17 Jul 2008SoldReady
AED 3,090,127AED 1,496 per sqft
6 Jul 2008Sold by developerReady
AED 1,556,888AED 753 per sqft

Source: Dubai Land Department. Updated 14 December 2016.

Key facts

Type
3-bed apartment
Size
2,065 sqft
Floor
1st of 6
Parking
nan
Service charge
AED 36,500 /yr
Last sold
AED 2.2M · December 2016
Building
Al Nakheel 2

About 109, Al Nakheel 2

109 is a three-bedroom apartment of 2,065 sqft on the 1st floor of Al Nakheel 2, a 6-storey tower in The Greens. It last sold on 14 December 2016 for AED 2,200,000, or AED 1,065 per sqft.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 1 August 2015, is AED 114,000 a year: a gross yield of 5.2% on the 2016 price, before the service charge of about AED 36,500 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical three-bed in Al Nakheel 2
2M2007201120152019Typical 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, July 2008: AED 3,090,127 (AED 1,496 per sqft)Sold by developer, July 2008: AED 1,556,888 (AED 753 per sqft)Sold, December 2016: AED 2,200,000 (AED 1,065 per sqft)

109 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 109, 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, August 2012: AED 114,000 a yearNew contract, August 2013: AED 114,000 a yearRenewal, August 2014: AED 114,000 a yearRenewal, August 2015: AED 114,000 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 109 sits

All 23 3-beds →

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. 109's AED 114,000 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
1063-bedAED 700K · Mar 2008
1071-bedAED 1.02M · Apr 2013
1–7 of 11

109, Al Nakheel 2 in numbers

  • Sold 3 times: first on 6 July 2008 for AED 1,556,888, last on 14 December 2016 for AED 2,200,000 (AED 1,065 per sqft).
  • Rented since August 2012 on 4 Ejari contracts, at AED 114,000 a year.
  • At AED 114,000 a year the gross yield on the 2016 price is 5.2%, before a service charge of about AED 36,500 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 14 December 2016.

Questions about 109, Al Nakheel 2

What did unit 109 last sell for?

AED 2,200,000 on 14 December 2016: AED 1,065 per sqft for 2,065 sqft. The unit has 3 registered sales; the first was AED 1,556,888 in July 2008.

What is the rent for unit 109?

AED 114,000 a year on the contract renewed on 1 August 2015. The previous contract, from August 2014, was AED 114,000; the unit has been rented since August 2012.

How big is unit 109?

2,065 sqft (191.8 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 109 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 109, Al Nakheel 2

Starts from the last sale price (AED 2.2M, 14 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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