204, Al Nakheel 2
Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, Al Nakheel 2
What is 204 worth today?
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Source: Dubai Land Department. Updated 3 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,518 sqft
- Floor
- 2nd of 6
- Parking
- nan
- Service charge
- AED 26,800 /yr
- Last sold
- AED 706K · May 2008
- Building
- Al Nakheel 2
About 204, Al Nakheel 2
204 is a two-bedroom apartment of 1,518 sqft on the 2nd floor of Al Nakheel 2, a 6-storey tower in The Greens. The developer sold it on 22 May 2008 for AED 705,800, or AED 465 per sqft, in line with the AED 471 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 3 May 2025, is AED 170,000 a year: a gross yield of 24.1% on the 2008 price, before the service charge of about AED 26,800 a year.
Sales and rents for 204 over time
204 has sold once; the dashed line is the two-bed median of each year in the building.
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 2, and where 204 sits
All 14 2-beds →204 last sold in May 2008 at AED 465 per sqft, in line with what two-beds in Al Nakheel 2 were fetching at the time (AED 471). Over the last 12 months two-beds sold for AED 3,200,000, around AED 2,261 per sqft, and rent for AED 210,000 to 210,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202623 July 2026 | 1,415 sqft | 3,200,000 | 2,261 | ||
| 19 Sep 202519 September 2025 | 1,415 sqft | 2,300,000 | 1,625 | ||
| 15 Sep 202515 September 2025 | 1,617 sqft | 2,380,000 | 1,471 | ||
| 21 Jul 202521 July 2025 | 1,408 sqft | 2,150,000 | 1,526 |
Al Nakheel 2
Building53 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%
Other units on the 2nd floor
All 53 units in Al Nakheel 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,617 sqft | AED 2.38MAED 2,380,000 · Sep 2025September 2025 | 210,000 /yr | |
| 202 | 3-bed | 1,652 sqft | AED 2.35MAED 2,350,000 · Jul 2024July 2024 | 106,150 /yr | |
| 203 | 3-bed | 1,650 sqft | AED 1.28MAED 1,280,000 · Dec 2019December 2019 | 135,000 /yr | |
| 205 | 1-bed | 926 sqft | AED 794KAED 794,100 · Jul 2008July 2008 | 100,000 /yr | |
| 206 | 3-bed | 1,653 sqft | AED 2.46MAED 2,460,482 · Feb 2026February 2026 | 177,000 /yr | |
| 207 | 1-bed | 985 sqft | AED 1.54MAED 1,540,000 · Aug 2026August 2026 | ||
| 208 | 1-bed | 680 sqft | AED 299KAED 298,800 · Jul 2010July 2010 | 105,000 /yr | |
| 209 | 3-bed | 2,065 sqft | AED 750KAED 750,000 · Oct 2011October 2011 | 215,000 /yr | |
| 210 | 3-bed | 2,070 sqft | AED 1.21MAED 1,210,000 · Jan 2015January 2015 | 192,938 /yr | |
| 211 | 2-bed | 1,622 sqft | AED 1.8MAED 1,800,000 · Nov 2023November 2023 | 125,000 /yr | |
| 212 | 2-bed | 1,408 sqft | AED 2.15MAED 2,150,000 · Jul 2025July 2025 | 140,000 /yr |
204, Al Nakheel 2 in numbers
- Sold once: by the developer on 22 May 2008 for AED 705,800, or AED 465 per sqft.
- Rented since July 2013 on 14 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2021 and recovered to AED 170,000 by May 2025.
- At AED 170,000 a year the gross yield on the 2008 price is 24.1%, before a service charge of about AED 26,800 a year (AED 17.68 per sqft).
- Two-beds in Al Nakheel 2 sold for AED 3,200,000–3,200,000 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 3 May 2025.
Questions about 204, Al Nakheel 2
What did unit 204 last sell for?
AED 705,800 on 22 May 2008, sold by the developer: AED 465 per sqft for 1,518 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 170,000 a year on the contract renewed on 3 May 2025. The previous contract, from May 2025, was AED 170,000; the unit has been rented since July 2013.
How big is unit 204?
1,518 sqft (141.0 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower.
What is unit 204 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Nakheel 2 sold for AED 3,200,000 to 3,200,000 in the last 12 months, around AED 2,261 per sqft.
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Mortgage on 204, Al Nakheel 2
Starts from the last sale price (AED 706K, 22 May 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 705,800
- Deposit, UAE resident (20%)
- AED 141,160
- Deposit, non-resident (40%)
- AED 282,320
- Monthly over 25 years at 3.7%
- AED 2,888
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →