Home
Dubai prices
About
Research
2-bed · 1,622 sqftAl Nakheel 2, The Greens · 3rd floor

311, Al Nakheel 2

Sold prices and rental history: sold 3 times, last in June 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 12 June 2023
Last soldAED 1.63M12 June 2023
Current rentAED 100K /yr29 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 311

Property timeline for 311, Al Nakheel 2

What is 311 worth today?

Last sold for AED 1,627,500 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Jun 2023SoldReady
AED 1,627,500AED 1,003 per sqft
18 Feb 2016SoldReady
AED 865,000AED 533 per sqft
29 Apr 2015RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
29 Apr 2013RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
27 May 2007Sold by developerReady
AED 645,800AED 398 per sqft

Source: Dubai Land Department. Updated 12 June 2023.

Key facts

Type
2-bed apartment
Size
1,622 sqft
Floor
3rd of 6
Parking
nan
Service charge
AED 28,700 /yr
Last sold
AED 1.63M · June 2023
Building
Al Nakheel 2

About 311, Al Nakheel 2

311 is a two-bedroom apartment of 1,622 sqft on the 3rd floor of Al Nakheel 2, a 6-storey tower in The Greens. It last sold on 12 June 2023 for AED 1,627,500, or AED 1,003 per sqft.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 29 April 2015, is AED 100,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 28,700 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical two-bed in Al Nakheel 2
1M2M2007201220172022Typical sale price by year: 2007 AED 715,800; 2008 AED 673,800; 2011 AED 598,800; 2012 AED 1,100,000; 2016 AED 1,815,000; 2023 AED 1,627,500; 2025 AED 2,300,000Sold by developer, May 2007: AED 645,800 (AED 398 per sqft)Sold, February 2016: AED 865,000 (AED 533 per sqft)Sold, June 2023: AED 1,627,500 (AED 1,003 per sqft)

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

Rents
Unit 311, each contractTypical two-bed in Al Nakheel 2
100K150K2013201720212025Typical rent by year: 2013 AED 110,000; 2014 AED 115,000; 2015 AED 138,000; 2016 AED 140,000; 2017 AED 131,000; 2018 AED 125,000; 2019 AED 110,000; 2020 AED 103,000; 2021 AED 85,000; 2022 AED 90,000; 2023 AED 125,000; 2024 AED 140,000; 2025 AED 153,000New contract, April 2013: AED 100,000 a yearNew contract, April 2015: AED 100,000 a year

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 311 sits

All 14 2-beds →

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 salesUnit no.Price (AED)Summary
23 Jul 20263,200,000
19 Sep 20252,300,000
15 Sep 20252,380,000
21 Jul 20252,150,000
1 2-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 3rd floor

All 53 units in Al Nakheel 2
Value
3012-bedAED 646K · Jan 2011
3023-bedAED 1.65M · Apr 2018
3033-bedAED 697K · Jun 2010
3042-bedAED 1.9M · May 2024
3051-bedAED 1.15M · Aug 2023
3063-bedAED 1.85M · Mar 2017
3071-bedAED 407K · Oct 2010
1–7 of 11

311, Al Nakheel 2 in numbers

  • Sold 3 times: first on 27 May 2007 for AED 645,800, last on 12 June 2023 for AED 1,627,500 (AED 1,003 per sqft).
  • Rented since April 2013 on 2 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 28,700 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 12 June 2023.

Questions about 311, Al Nakheel 2

What did unit 311 last sell for?

AED 1,627,500 on 12 June 2023: AED 1,003 per sqft for 1,622 sqft. The unit has 3 registered sales; the first was AED 645,800 in May 2007.

What is the rent for unit 311?

AED 100,000 a year on the contract signed on 29 April 2015. The previous contract, from April 2013, was AED 100,000.

How big is unit 311?

1,622 sqft (150.7 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 311 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.

Selling 311? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 311, Al Nakheel 2

Starts from the last sale price (AED 1.63M, 12 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,627,500
Deposit, UAE resident (20%)
AED 325,500
Deposit, non-resident (40%)
AED 651,000
Monthly over 25 years at 3.7%
AED 6,659

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