3-bed · 1,652 sqftAl Nakheel 3, The Greens · 1st floor

102, Al Nakheel 3

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 7 July 2021
Last soldAED 1.43M7 July 2021
Current rentAED 110K /yr18 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Al Nakheel 3

What is 102 worth today?

Last sold for AED 1,430,000 in 2021

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7 Jul 2021SoldReady
AED 1,430,000AED 865 per sqft
18 Jun 2020RentedRenewal
AED 110,000/yr12 months · AED 67 per sqft
18 Jun 2019RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
18 Jun 2018RentedRenewal
AED 133,000/yr12 months · AED 81 per sqft
18 Jun 2017RentedNew contract
AED 150,000/yr12 months · AED 91 per sqft
18 Jun 2016RentedNew contract
AED 150,000/yr12 months · AED 91 per sqft
15 Jun 2015RentedNew contract
AED 138,600/yr12 months · AED 84 per sqft
15 Jun 2013RentedNew contract
AED 110,250/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 7 July 2021.

Key facts

Type
3-bed apartment
Size
1,652 sqft
Floor
1st of 6
Parking
nan
Service charge
AED 29,200 /yr
Last sold
AED 1.43M · July 2021
Building
Al Nakheel 3

About 102, Al Nakheel 3

102 is a three-bedroom apartment of 1,652 sqft on the 1st floor of Al Nakheel 3, a 6-storey tower in The Greens. It last sold on 7 July 2021 for AED 1,430,000, or AED 865 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 18 June 2020, is AED 110,000 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 29,200 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical three-bed in Al Nakheel 3
1M2M2007201220172022Typical sale price by year: 2007 AED 749,800; 2008 AED 1,745,000; 2009 AED 674,300; 2010 AED 962,500; 2012 AED 1,475,000; 2013 AED 1,667,500; 2014 AED 1,750,000; 2018 AED 1,800,000; 2019 AED 1,710,000; 2022 AED 2,200,000; 2024 AED 2,480,000Sold by developer, April 2009: AED 665,800 (AED 403 per sqft)Sold, July 2021: AED 1,430,000 (AED 865 per sqft)

102 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 102, each contractTypical three-bed in Al Nakheel 3
100K150K2013201720212025Typical rent by year: 2013 AED 135,000; 2014 AED 160,431; 2015 AED 175,000; 2016 AED 161,000; 2017 AED 150,000; 2018 AED 150,000; 2019 AED 125,000; 2020 AED 107,500; 2021 AED 102,500; 2022 AED 117,000; 2023 AED 127,688; 2024 AED 147,500; 2025 AED 180,000; 2026 AED 180,000New contract, June 2013: AED 110,250 a yearNew contract, June 2015: AED 138,600 a yearNew contract, June 2016: AED 150,000 a yearNew contract, June 2017: AED 150,000 a yearRenewal, June 2018: AED 133,000 a yearNew contract, June 2019: AED 120,000 a yearRenewal, June 2020: AED 110,000 a year

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 3, and where 102 sits

All 23 3-beds →

Over the last 12 months three-beds sold for AED 2,800,000 to 3,740,000, around AED 1,747 per sqft, and rent for AED 135,000 to 190,000 a year. 102's AED 110,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Aug 20262,800,000
9 Mar 20263,740,000
17 Dec 20242,480,000
5 Jul 20242,400,000
2 3-bed sales in the last 12 months

Al Nakheel 3

Building

52 apartments, 1-bed to 3-bed over 6 floors in The Greens. 2 sold in the last 12 months.

Typical price per sqft
AED 1,747
Typical sale
AED 3.27M
Typical rent
AED 126K /yr
Typical yield
5.3%
Al Nakheel 3, The Greens: prices, sales and rents →

Other units on the 1st floor

All 52 units in Al Nakheel 3
Value
1012-bedAED 638K · Jan 2008
1033-bedAED 683K · Jun 2009
1042-bedAED 626K · Apr 2022
1051-bedAED 1M · May 2013
1063-bedAED 1.62M · Mar 2022
1071-bedAED 970K · Jul 2010
1081-bedAED 680K · Apr 2019
1–7 of 11

102, Al Nakheel 3 in numbers

  • Sold twice: first on 26 April 2009 for AED 665,800, last on 7 July 2021 for AED 1,430,000 (AED 865 per sqft).
  • Rented since June 2013 on 7 Ejari contracts, from AED 110,250 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 7.7%, before a service charge of about AED 29,200 a year (AED 17.68 per sqft).
  • Three-beds in Al Nakheel 3 sold for AED 2,800,000–3,740,000 in the 12 months to November 2026; the building's median across all types is AED 1,747 per sqft.

Source: Dubai Land Department. Updated 7 July 2021.

Questions about 102, Al Nakheel 3

What did unit 102 last sell for?

AED 1,430,000 on 7 July 2021: AED 865 per sqft for 1,652 sqft. The unit has 2 registered sales; the first was AED 665,800 in April 2009.

What is the rent for unit 102?

AED 110,000 a year on the contract renewed on 18 June 2020. The previous contract, from June 2019, was AED 120,000; the unit has been rented since June 2013.

How big is unit 102?

1,652 sqft (153.5 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 102 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 3 sold for AED 2,800,000 to 3,740,000 in the last 12 months, around AED 1,747 per sqft.

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Mortgage on 102, Al Nakheel 3

Starts from the last sale price (AED 1.43M, 7 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,430,000
Deposit, UAE resident (20%)
AED 286,000
Deposit, non-resident (40%)
AED 572,000
Monthly over 25 years at 3.7%
AED 5,851

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