308, Al Nakheel 3
Sold prices and rental history: sold 3 times, last in January 2015, and rented once, from February 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Al Nakheel 3
What is 308 worth today?
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Source: Dubai Land Department. Updated 20 January 2015.
Key facts
- Type
- 1-bed apartment
- Size
- 680 sqft
- Floor
- 3rd of 6
- Parking
- nan
- Service charge
- AED 12,000 /yr
- Last sold
- AED 1.17M · January 2015
- Building
- Al Nakheel 3
About 308, Al Nakheel 3
308 is a one-bedroom apartment of 680 sqft on the 3rd floor of Al Nakheel 3, a 6-storey tower in The Greens. It last sold on 20 January 2015 for AED 1,165,000, or AED 1,712 per sqft, 19% above the AED 1,435 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 February 2013. The current contract, signed on 25 February 2013, is AED 65,000 a year: a gross yield of 5.6% on the 2015 price, before the service charge of about AED 12,000 a year.
Sales and rents for 308 over time
308 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Nakheel 3, and where 308 sits
All 11 1-beds →308 last sold in January 2015 at AED 1,712 per sqft, 19% above what one-beds in Al Nakheel 3 were fetching at the time (AED 1,435). 308's AED 65,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Feb 202527 February 2025 | 926 sqft | 1,460,000 | 1,576 | ||
| 21 Aug 202421 August 2024 | 985 sqft | 1,452,000 | 1,473 | ||
| 7 Jun 20237 June 2023 | 926 sqft | 1,100,000 | 1,187 | ||
| 5 Sep 20215 September 2021 | 985 sqft | 880,000 | 893 |
Al Nakheel 3
Building52 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%
Other units on the 3rd floor
All 52 units in Al Nakheel 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,617 sqft | AED 646KAED 645,800 · Jul 2007July 2007 | 122,245 /yr | |
| 303 | 3-bed | 1,650 sqft | AED 348KAED 348,400 · Jan 2008January 2008 | ||
| 304 | 2-bed | 1,518 sqft | AED 1.45MAED 1,450,000 · Jun 2022June 2022 | 88,000 /yr | |
| 305 | 1-bed | 926 sqft | AED 935KAED 935,000 · Feb 2009February 2009 | 95,000 /yr | |
| 306 | 3-bed | 1,653 sqft | AED 2.8MAED 2,800,000 · Aug 2026August 2026 | 125,000 /yr | |
| 307 | 1-bed | 985 sqft | AED 880KAED 880,000 · Sep 2021September 2021 | 130,000 /yr | |
| 309 | 3-bed | 2,065 sqft | AED 2.45MAED 2,450,000 · Nov 2022November 2022 | ||
| 310 | 3-bed | 2,070 sqft | AED 1.71MAED 1,710,000 · Jan 2019January 2019 | 172,000 /yr | |
| 311 | 2-bed | 1,622 sqft | AED 1.6MAED 1,600,000 · Nov 2022November 2022 | 88,000 /yr | |
| 312 | 2-bed | 1,408 sqft | AED 556KAED 555,800 · Jul 2010July 2010 | 85,000 /yr |
308, Al Nakheel 3 in numbers
- Sold 3 times: first on 18 December 2011 for AED 600,000, last on 20 January 2015 for AED 1,165,000 (AED 1,712 per sqft).
- Rented since February 2013 on one Ejari contract, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2015 price is 5.6%, before a service charge of about AED 12,000 a year (AED 17.68 per sqft).
Source: Dubai Land Department. Updated 20 January 2015.
Questions about 308, Al Nakheel 3
What did unit 308 last sell for?
AED 1,165,000 on 20 January 2015: AED 1,712 per sqft for 680 sqft. The unit has 3 registered sales; the first was AED 600,000 in December 2011.
What is the rent for unit 308?
AED 65,000 a year on the contract signed on 25 February 2013.
How big is unit 308?
680 sqft (63.2 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower.
What is unit 308 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 308, Al Nakheel 3
Starts from the last sale price (AED 1.17M, 20 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,165,000
- Deposit, UAE resident (20%)
- AED 233,000
- Deposit, non-resident (40%)
- AED 466,000
- Monthly over 25 years at 3.7%
- AED 4,766
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →