409, Al Nakheel 2
Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Al Nakheel 2
What is 409 worth today?
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Source: Dubai Land Department. Updated 5 October 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,076 sqft
- Floor
- 4th of 6
- Parking
- nan
- Service charge
- AED 36,700 /yr
- Last sold
- AED 884K · March 2009
- Building
- Al Nakheel 2
About 409, Al Nakheel 2
409 is a three-bedroom apartment of 2,076 sqft on the 4th floor of Al Nakheel 2, a 6-storey tower in The Greens. The developer sold it on 23 March 2009 for AED 883,800, or AED 425 per sqft, in line with the AED 424 three-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 5 October 2026, is AED 185,000 a year: a gross yield of 20.9% on the 2009 price, before the service charge of about AED 36,700 a year.
Sales and rents for 409 over time
409 has sold once; the dashed line is the three-bed median of each year in the building.
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 409 sits
All 23 3-beds →409 last sold in March 2009 at AED 425 per sqft, in line with what three-beds in Al Nakheel 2 were fetching at the time (AED 424). 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. 409's AED 185,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 1,653 sqft | 2,460,482 | 1,488 | ||
| 8 Sep 20258 September 2025 | 1,652 sqft | 2,650,000 | 1,604 | ||
| 25 Aug 202525 August 2025 | 1,650 sqft | 3,150,000 | 1,909 | ||
| 15 Jul 202415 July 2024 | 1,652 sqft | 2,350,000 | 1,422 |
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 4th floor
All 53 units in Al Nakheel 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 410 | 3-bed | 2,076 sqft | AED 187KAED 186,872 · Jul 2019July 2019 | 150,000 /yr |
409, Al Nakheel 2 in numbers
- Sold once: by the developer on 23 March 2009 for AED 883,800, or AED 425 per sqft.
- Rented since October 2022 on 6 Ejari contracts, from AED 170,000 to AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2009 price is 20.9%, before a service charge of about AED 36,700 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 5 October 2026.
Questions about 409, Al Nakheel 2
What did unit 409 last sell for?
AED 883,800 on 23 March 2009, sold by the developer: AED 425 per sqft for 2,076 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 185,000 a year on the contract renewed on 5 October 2026. The previous contract, from October 2025, was AED 185,000; the unit has been rented since October 2022.
How big is unit 409?
2,076 sqft (192.9 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower.
What is unit 409 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 409, Al Nakheel 2
Starts from the last sale price (AED 884K, 23 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 883,800
- Deposit, UAE resident (20%)
- AED 176,760
- Deposit, non-resident (40%)
- AED 353,520
- Monthly over 25 years at 3.7%
- AED 3,616
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →