3-bed · 2,065 sqftAl Nakheel 3, The Greens · 1st floor

109, Al Nakheel 3

Sold prices and rental history: sold 5 times, last in October 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 15 November 2019
Last soldAED 1.8M21 October 2018
Current rentAED 145K /yr15 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Al Nakheel 3

What is 109 worth today?

Last sold for AED 1,800,000 in 2018

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15 Nov 2019RentedRenewal
AED 145,000/yr12 months · AED 70 per sqft
15 Nov 2018RentedNew contract
AED 155,000/yr12 months · AED 75 per sqft
21 Oct 2018SoldReady
AED 1,800,000AED 871 per sqft
8 Mar 2017RentedRenewal
AED 200,000/yr12 months · AED 97 per sqft
8 Mar 2016RentedRenewal
AED 200,000/yr12 months · AED 97 per sqft
7 Mar 2015RentedNew contract
AED 200,000/yr12 months · AED 97 per sqft
1 Jul 2013RentedNew contract
AED 126,000/yr12 months · AED 61 per sqft
29 Jul 2012SoldReady
AED 1,840,000AED 891 per sqft

Source: Dubai Land Department. Updated 15 November 2019.

Key facts

Type
3-bed apartment
Size
2,065 sqft
Floor
1st of 6
Parking
57+58
Service charge
AED 36,500 /yr
Last sold
AED 1.8M · October 2018
Building
Al Nakheel 3

About 109, Al Nakheel 3

109 is a three-bedroom apartment of 2,065 sqft on the 1st floor of Al Nakheel 3, a 6-storey tower in The Greens. It last sold on 21 October 2018 for AED 1,800,000, or AED 871 per sqft, in line with the AED 893 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 November 2019, is AED 145,000 a year: a gross yield of 8.1% on the 2018 price, before the service charge of about AED 36,500 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical three-bed in Al Nakheel 3
02M2007201220172022Typical 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, November 2007: AED 426,900 (AED 206 per sqft)Sold, July 2008: AED 2,847,290 (AED 1,378 per sqft)Sold, February 2011: AED 1,300,000 (AED 629 per sqft)Sold, July 2012: AED 1,840,000 (AED 891 per sqft)Sold, October 2018: AED 1,800,000 (AED 871 per sqft)

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

Rents
Unit 109, each contractTypical three-bed in Al Nakheel 3
100K150K200K2013201720212025Typical 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, July 2013: AED 126,000 a yearNew contract, March 2015: AED 200,000 a yearRenewal, March 2016: AED 200,000 a yearRenewal, March 2017: AED 200,000 a yearNew contract, November 2018: AED 155,000 a yearRenewal, November 2019: AED 145,000 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 109 sits

All 23 3-beds →

109 last sold in October 2018 at AED 871 per sqft, in line with what three-beds in Al Nakheel 3 were fetching at the time (AED 893). 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. 109's AED 145,000 is in the lower half 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
1023-bedAED 1.43M · Jul 2021
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
1–7 of 11

109, Al Nakheel 3 in numbers

  • Sold 5 times: first on 25 November 2007 for AED 426,900, last on 21 October 2018 for AED 1,800,000 (AED 871 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 126,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2018 price is 8.1%, before a service charge of about AED 36,500 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 15 November 2019.

Questions about 109, Al Nakheel 3

What did unit 109 last sell for?

AED 1,800,000 on 21 October 2018: AED 871 per sqft for 2,065 sqft. The unit has 5 registered sales; the first was AED 426,900 in November 2007.

What is the rent for unit 109?

AED 145,000 a year on the contract renewed on 15 November 2019. The previous contract, from November 2018, was AED 155,000; the unit has been rented since July 2013.

How big is unit 109?

2,065 sqft (191.8 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 109 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 109, Al Nakheel 3

Starts from the last sale price (AED 1.8M, 21 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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