304, Al Nakheel 2
Sold prices and rental history: sold 4 times, last in May 2024, 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 304, Al Nakheel 2
What is 304 worth today?
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Source: Dubai Land Department. Updated 6 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,518 sqft
- Floor
- 3rd of 6
- Parking
- nan
- Service charge
- AED 26,800 /yr
- Last sold
- AED 1.9M · May 2024
- Building
- Al Nakheel 2
About 304, Al Nakheel 2
304 is a two-bedroom apartment of 1,518 sqft on the 3rd floor of Al Nakheel 2, a 6-storey tower in The Greens. It last sold on 6 May 2024 for AED 1,900,000, or AED 1,251 per sqft, 14% above the AED 1,098 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 105,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 26,800 a year.
Sales and rents for 304 over time
304 has sold 4 times; 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 304 sits
All 14 2-beds →304 last sold in May 2024 at AED 1,251 per sqft, 14% above what two-beds in Al Nakheel 2 were fetching at the time (AED 1,098). 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 3rd floor
All 53 units in Al Nakheel 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,617 sqft | AED 646KAED 645,800 · Jan 2011January 2011 | 166,000 /yr | |
| 302 | 3-bed | 1,652 sqft | AED 1.65MAED 1,650,000 · Apr 2018April 2018 | 200,000 /yr | |
| 303 | 3-bed | 1,650 sqft | AED 697KAED 696,800 · Jun 2010June 2010 | 180,000 /yr | |
| 305 | 1-bed | 926 sqft | AED 1.15MAED 1,150,000 · Aug 2023August 2023 | 105,000 /yr | |
| 306 | 3-bed | 1,653 sqft | AED 1.85MAED 1,850,000 · Mar 2017March 2017 | 117,000 /yr | |
| 307 | 1-bed | 985 sqft | AED 407KAED 406,800 · Oct 2010October 2010 | 95,000 /yr | |
| 308 | 1-bed | 680 sqft | AED 835KAED 835,000 · Feb 2016February 2016 | 55,200 /yr | |
| 309 | 3-bed | 2,065 sqft | AED 874KAED 873,800 · Jan 2009January 2009 | 168,000 /yr | |
| 310 | 3-bed | 2,070 sqft | AED 1.63MAED 1,625,000 · Nov 2020November 2020 | ||
| 311 | 2-bed | 1,622 sqft | AED 1.63MAED 1,627,500 · Jun 2023June 2023 | 100,000 /yr | |
| 312 | 2-bed | 1,408 sqft | AED 1.29MAED 1,290,000 · Oct 2022October 2022 | 140,000 /yr |
304, Al Nakheel 2 in numbers
- Sold 4 times: first on 24 May 2007 for AED 715,800, last on 6 May 2024 for AED 1,900,000 (AED 1,251 per sqft).
- Rented since March 2013 on 8 Ejari contracts, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2024 price is 5.5%, 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 6 May 2024.
Questions about 304, Al Nakheel 2
What did unit 304 last sell for?
AED 1,900,000 on 6 May 2024: AED 1,251 per sqft for 1,518 sqft. The unit has 4 registered sales; the first was AED 715,800 in May 2007.
What is the rent for unit 304?
AED 105,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 103,000; the unit has been rented since March 2013.
How big is unit 304?
1,518 sqft (141.0 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower.
What is unit 304 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 304, Al Nakheel 2
Starts from the last sale price (AED 1.9M, 6 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →