308, Al Nakheel 2
Sold prices and rental history: sold twice, last in February 2016, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Al Nakheel 2
What is 308 worth today?
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Source: Dubai Land Department. Updated 8 March 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 680 sqft
- Floor
- 3rd of 6
- Parking
- nan
- Service charge
- AED 12,000 /yr
- Last sold
- AED 835K · February 2016
- Building
- Al Nakheel 2
About 308, Al Nakheel 2
308 is a one-bedroom apartment of 680 sqft on the 3rd floor of Al Nakheel 2, a 6-storey tower in The Greens. It last sold on 9 February 2016 for AED 835,000, or AED 1,227 per sqft.
It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 8 March 2023, is AED 55,200 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 12,000 a year.
Sales and rents for 308 over time
308 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Nakheel 2, and where 308 sits
All 11 1-beds →Over the last 12 months one-beds sold for AED 1,540,000, around AED 1,563 per sqft, and rent for AED 95,000 to 115,000 a year. 308's AED 55,200 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 985 sqft | 1,540,000 | 1,563 | ||
| 30 Jun 202530 June 2025 | 680 sqft | 1,175,000 | 1,727 | ||
| 28 Apr 202528 April 2025 | 926 sqft | 1,400,000 | 1,511 | ||
| 15 Aug 202315 August 2023 | 926 sqft | 1,150,000 | 1,241 |
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 | |
| 304 | 2-bed | 1,518 sqft | AED 1.9MAED 1,900,000 · May 2024May 2024 | 105,000 /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 | |
| 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 |
308, Al Nakheel 2 in numbers
- Sold twice: first on 23 June 2010 for AED 303,800, last on 9 February 2016 for AED 835,000 (AED 1,227 per sqft).
- Rented since February 2015 on 2 Ejari contracts, from AED 68,300 to AED 55,200 a year.
- At AED 55,200 a year the gross yield on the 2016 price is 6.6%, before a service charge of about AED 12,000 a year (AED 17.68 per sqft).
- One-beds in Al Nakheel 2 sold for AED 1,540,000–1,540,000 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 8 March 2023.
Questions about 308, Al Nakheel 2
What did unit 308 last sell for?
AED 835,000 on 9 February 2016: AED 1,227 per sqft for 680 sqft. The unit has 2 registered sales; the first was AED 303,800 in June 2010.
What is the rent for unit 308?
AED 55,200 a year on the contract signed on 8 March 2023. The previous contract, from February 2015, was AED 68,300.
How big is unit 308?
680 sqft (63.2 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Nakheel 2 sold for AED 1,540,000 to 1,540,000 in the last 12 months, around AED 1,563 per sqft.
Selling 308? Put it on the OpenOffers board
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Mortgage on 308, Al Nakheel 2
Starts from the last sale price (AED 835K, 9 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 835,000
- Deposit, UAE resident (20%)
- AED 167,000
- Deposit, non-resident (40%)
- AED 334,000
- Monthly over 25 years at 3.7%
- AED 3,416
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →