3-bed · 825 sqftAl Nakheel 4, The Greens · 1st floor

103, Al Nakheel 4

Sold prices and rental history: sold twice, last in February 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 February 2021
Last soldAED 650K27 February 2019
Current rentAED 120K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Al Nakheel 4

What is 103 worth today?

Last sold for AED 650,000 in 2019

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1 Feb 2021RentedRenewal
AED 120,000/yr6 months · AED 73 per sqft
1 Aug 2020RentedNew contract
AED 120,000/yr6 months · AED 73 per sqft
27 Feb 2019SoldReady
AED 650,000AED 788 per sqft
1 Jun 2015RentedNew contract
AED 180,000/yr12 months · AED 109 per sqft
1 Jun 2014RentedNew contract
AED 180,000/yr12 months · AED 109 per sqft
6 Mar 2013Sold by developerReady
AED 1,300,000AED 788 per sqft

Source: Dubai Land Department. Updated 1 February 2021.

Key facts

Type
3-bed apartment
Size
825 sqft
Floor
1st of 6
Parking
nan
Service charge
AED 14,600 /yr
Last sold
AED 650K · February 2019
Building
Al Nakheel 4

About 103, Al Nakheel 4

103 is a three-bedroom apartment of 825 sqft on the 1st floor of Al Nakheel 4, a 6-storey tower in The Greens. It last sold on 27 February 2019 for AED 650,000, or AED 788 per sqft, 9% below the AED 866 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 February 2021, is AED 120,000 a year: a gross yield of 18.5% on the 2019 price, before the service charge of about AED 14,600 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical three-bed in Al Nakheel 4
1M2M20072011201520192023Typical sale price by year: 2007 AED 533,986; 2008 AED 896,300; 2009 AED 933,800; 2011 AED 1,372,560; 2012 AED 1,440,000; 2013 AED 2,087,500; 2022 AED 1,650,000Sold by developer, March 2013: AED 1,300,000 (AED 788 per sqft)Sold, February 2019: AED 650,000 (AED 788 per sqft)

103 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 103, each contractTypical three-bed in Al Nakheel 4
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 163,000; 2014 AED 177,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 157,750; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 115,000; 2021 AED 115,000; 2022 AED 120,000; 2023 AED 128,000; 2024 AED 144,450; 2025 AED 167,500; 2026 AED 154,000New contract, June 2014: AED 180,000 a yearNew contract, June 2015: AED 180,000 a yearNew contract, August 2020: AED 120,000 a yearRenewal, February 2021: AED 120,000 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 4, and where 103 sits

All 25 3-beds →

103 last sold in February 2019 at AED 788 per sqft, 9% below what three-beds in Al Nakheel 4 were fetching at the time (AED 866). 103's AED 120,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Feb 20231,800,000
5 Aug 20221,600,000
1 Feb 20221,650,000
31 Jan 20221,675,000
0 3-bed sales in the last 12 months

Al Nakheel 4

Building

53 apartments, 1-bed to 3-bed over 6 floors in The Greens. 3 sold in the last 12 months.

Typical price per sqft
AED 1,576
Typical sale
AED 2.22M
Typical rent
AED 150K /yr
Typical yield
5.8%
Al Nakheel 4, The Greens: prices, sales and rents →

Other units on the 1st floor

All 53 units in Al Nakheel 4
Value
1012-bedAED 1.65M · May 2013
1023-bedAED 1.6M · Aug 2022
1042-bedAED 2.45M · Jul 2025
1051-bedAED 1.2M · Mar 2024
1063-bedAED 636K · Mar 2008
1071-bedAED 1.33M · Jul 2024
1081-bedAED 670K · Feb 2010
1–7 of 11

103, Al Nakheel 4 in numbers

  • Sold twice: first on 6 March 2013 for AED 1,300,000, last on 27 February 2019 for AED 650,000 (AED 788 per sqft).
  • Rented since June 2014 on 4 Ejari contracts, from AED 180,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2019 price is 18.5%, before a service charge of about AED 14,600 a year (AED 17.68 per sqft).

Source: Dubai Land Department. Updated 1 February 2021.

Questions about 103, Al Nakheel 4

What did unit 103 last sell for?

AED 650,000 on 27 February 2019: AED 788 per sqft for 825 sqft. The unit has 2 registered sales; the first was AED 1,300,000 in March 2013.

What is the rent for unit 103?

AED 120,000 a year on the contract renewed on 1 February 2021. The previous contract, from August 2020, was AED 120,000; the unit has been rented since June 2014.

How big is unit 103?

825 sqft (76.6 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 103 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 103, Al Nakheel 4

Starts from the last sale price (AED 650K, 27 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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