409, Al Nakheel 3
Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Al Nakheel 3
What is 409 worth today?
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Source: Dubai Land Department. Updated 21 October 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,076 sqft
- Floor
- 4th of 6
- Parking
- nan
- Service charge
- AED 36,700 /yr
- Last sold
- AED 884K · March 2011
- Building
- Al Nakheel 3
About 409, Al Nakheel 3
409 is a three-bedroom apartment of 2,076 sqft on the 4th floor of Al Nakheel 3, a 6-storey tower in The Greens. The developer sold it on 7 March 2011 for AED 883,800, or AED 425 per sqft, 8% below the AED 463 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 16 Ejari contracts. The current contract, renewed on 21 October 2026, is AED 1,333,954 a year: a gross yield of 150.9% on the 2011 price, before the service charge of about AED 36,700 a year.
Sales and rents for 409 over time
409 has sold once; the dashed line is the three-bed median of each year in the building.
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 409 sits
All 23 3-beds →409 last sold in March 2011 at AED 425 per sqft, 8% below what three-beds in Al Nakheel 3 were fetching at the time (AED 463). 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. 409's AED 1,333,954 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Aug 20266 August 2026 | 1,653 sqft | 2,800,000 | 1,694 | ||
| 9 Mar 20269 March 2026 | 2,079 sqft | 3,740,000 | 1,799 | ||
| 17 Dec 202417 December 2024 | 1,650 sqft | 2,480,000 | 1,503 | ||
| 5 Jul 20245 July 2024 | 1,652 sqft | 2,400,000 | 1,452 |
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 4th floor
All 52 units in Al Nakheel 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 410 | 3-bed | 2,076 sqft | AED 3.5MAED 3,500,000 · May 2024May 2024 | 160,000 /yr |
409, Al Nakheel 3 in numbers
- Sold once: by the developer on 7 March 2011 for AED 883,800, or AED 425 per sqft.
- Rented since October 2012 on 16 Ejari contracts. The rent fell from AED 113,400 to AED 100,000 in 2021 and recovered to AED 1,333,954 by October 2026.
- At AED 1,333,954 a year the gross yield on the 2011 price is 150.9%, before a service charge of about AED 36,700 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 21 October 2026.
Questions about 409, Al Nakheel 3
What did unit 409 last sell for?
AED 883,800 on 7 March 2011, sold by the developer: AED 425 per sqft for 2,076 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 1,333,954 a year on the contract renewed on 21 October 2026. The previous contract, from October 2025, was AED 127,575; the unit has been rented since October 2012.
How big is unit 409?
2,076 sqft (192.9 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower.
What is unit 409 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 409, Al Nakheel 3
Starts from the last sale price (AED 884K, 7 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 883,800
- Deposit, UAE resident (20%)
- AED 176,760
- Deposit, non-resident (40%)
- AED 353,520
- Monthly over 25 years at 3.7%
- AED 3,616
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →