2-bed · 1,622 sqftAl Nakheel 3, The Greens · 1st floor

111, Al Nakheel 3

Sold prices and rental history: sold once, by the developer in September 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 9 September 2008
Last soldAED 638K9 September 2008
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Al Nakheel 3

What is 111 worth today?

Last sold for AED 637,800 in 2008

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9 Sep 2008Sold by developerReady
AED 637,800AED 393 per sqft

Source: Dubai Land Department. Updated 9 September 2008.

Key facts

Type
2-bed apartment
Size
1,622 sqft
Floor
1st of 6
Parking
nan
Service charge
AED 28,700 /yr
Last sold
AED 638K · September 2008
Building
Al Nakheel 3

About 111, Al Nakheel 3

111 is a two-bedroom apartment of 1,622 sqft on the 1st floor of Al Nakheel 3, a 6-storey tower in The Greens. The developer sold it on 9 September 2008 for AED 637,800, or AED 393 per sqft, in line with the AED 396 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical two-bed in Al Nakheel 3
500K1M1.5M20072011201520192023Typical 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, September 2008: AED 637,800 (AED 393 per sqft)

111 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 111, 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 128,623

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 111 sits

All 13 2-beds →

111 last sold in September 2008 at AED 393 per sqft, in line with what two-beds in Al Nakheel 3 were fetching at the time (AED 396).

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
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

111, Al Nakheel 3 in numbers

  • Sold once: by the developer on 9 September 2008 for AED 637,800, or AED 393 per sqft.

Source: Dubai Land Department. Updated 9 September 2008.

Questions about 111, Al Nakheel 3

What did unit 111 last sell for?

AED 637,800 on 9 September 2008, sold by the developer: AED 393 per sqft for 1,622 sqft. It is the only registered sale of the unit.

How big is unit 111?

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

What is unit 111 worth today?

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

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Mortgage on 111, Al Nakheel 3

Starts from the last sale price (AED 638K, 9 September 2008). Switch to today's estimate once you have unlocked it.
Price
AED 637,800
Deposit, UAE resident (20%)
AED 127,560
Deposit, non-resident (40%)
AED 255,120
Monthly over 25 years at 3.7%
AED 2,609

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