Home
Dubai prices
About
Research
2-bed · 759 sqftAl Nakheel 3, The Greens · 1st floor

104, Al Nakheel 3

Sold prices and rental history: sold 5 times, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 15 April 2022
Last soldAED 626K15 April 2022
Current rentAED 88K /yr15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 104

Property timeline for 104, Al Nakheel 3

What is 104 worth today?

Last sold for AED 626,000 in 2022

Unlock today's estimate, updated daily, with

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

15 Apr 2022SoldReady
AED 626,000AED 825 per sqft
6 May 2021SoldReady
AED 1,386,000AED 913 per sqft
15 Dec 2020RentedRenewal
AED 88,000/yr12 months · AED 58 per sqft
15 Dec 2019RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
2 Oct 2018RentedRenewal
AED 112,000/yr12 months · AED 74 per sqft
2 Oct 2017RentedRenewal
AED 130,000/yr12 months · AED 86 per sqft
2 Oct 2016RentedNew contract
AED 140,000/yr12 months · AED 92 per sqft
21 Jun 2016SoldReady
AED 1,760,000AED 1,159 per sqft

Source: Dubai Land Department. Updated 15 April 2022.

Key facts

Type
2-bed apartment
Size
759 sqft
Floor
1st of 6
Parking
nan
Service charge
AED 13,400 /yr
Last sold
AED 626K · April 2022
Building
Al Nakheel 3

About 104, Al Nakheel 3

104 is a two-bedroom apartment of 759 sqft on the 1st floor of Al Nakheel 3, a 6-storey tower in The Greens. It last sold on 15 April 2022 for AED 626,000, or AED 825 per sqft, 10% below the AED 913 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 15 December 2020, is AED 88,000 a year: a gross yield of 14.1% on the 2022 price, before the service charge of about AED 13,400 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical two-bed in Al Nakheel 3
1M20072011201520192023Typical sale price by year: 2007 AED 957,900; 2008 AED 637,800; 2010 AED 641,800; 2011 AED 1,050,000; 2012 AED 1,425,000; 2016 AED 1,725,000; 2022 AED 1,400,000Sold by developer, May 2010: AED 695,800 (AED 458 per sqft)Sold, September 2012: AED 1,425,000 (AED 938 per sqft)Sold, June 2016: AED 1,760,000 (AED 1,159 per sqft)Sold, May 2021: AED 1,386,000 (AED 913 per sqft)Sold, April 2022: AED 626,000 (AED 825 per sqft)

104 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 104, each contractTypical two-bed in Al Nakheel 3
100K150K2012201620202024Typical rent by year: 2012 AED 102,500; 2013 AED 110,250; 2014 AED 130,000; 2015 AED 130,000; 2016 AED 141,000; 2017 AED 130,000; 2018 AED 112,000; 2019 AED 100,000; 2020 AED 88,118; 2021 AED 85,000; 2022 AED 93,000; 2023 AED 109,500; 2024 AED 135,000; 2025 AED 135,000; 2026 AED 128,623New contract, September 2013: AED 115,500 a yearRenewal, September 2014: AED 130,000 a yearRenewal, September 2015: AED 130,000 a yearNew contract, October 2016: AED 140,000 a yearRenewal, October 2017: AED 130,000 a yearRenewal, October 2018: AED 112,000 a yearNew contract, December 2019: AED 95,000 a yearRenewal, December 2020: AED 88,000 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 3, and where 104 sits

All 13 2-beds →

104 last sold in April 2022 at AED 825 per sqft, 10% below what two-beds in Al Nakheel 3 were fetching at the time (AED 913). 104's AED 88,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 Oct 20252,610,000
21 Jul 20252,487,500
4 Nov 20221,600,000
20 Sep 20221,400,000
0 2-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
1023-bedAED 1.43M · Jul 2021
1033-bedAED 683K · Jun 2009
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

104, Al Nakheel 3 in numbers

  • Sold 5 times: first on 4 May 2010 for AED 695,800, last on 15 April 2022 for AED 626,000 (AED 825 per sqft).
  • Rented since September 2013 on 8 Ejari contracts, from AED 115,500 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2022 price is 14.1%, before a service charge of about AED 13,400 a year (AED 17.68 per sqft).

Source: Dubai Land Department. Updated 15 April 2022.

Questions about 104, Al Nakheel 3

What did unit 104 last sell for?

AED 626,000 on 15 April 2022: AED 825 per sqft for 759 sqft. The unit has 5 registered sales; the first was AED 695,800 in May 2010.

What is the rent for unit 104?

AED 88,000 a year on the contract renewed on 15 December 2020. The previous contract, from December 2019, was AED 95,000; the unit has been rented since September 2013.

How big is unit 104?

759 sqft (70.5 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 104? 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 104, Al Nakheel 3

Starts from the last sale price (AED 626K, 15 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 626,000
Deposit, UAE resident (20%)
AED 125,200
Deposit, non-resident (40%)
AED 250,400
Monthly over 25 years at 3.7%
AED 2,561

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