2-bed · 1,622 sqftAl Nakheel 4, The Greens · 1st floor

111, Al Nakheel 4

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 1.58M23 March 2023
Current rentAED 100K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Al Nakheel 4

What is 111 worth today?

Last sold for AED 1,580,000 in 2023

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1 Jan 2024RentedRenewal
AED 99,750/yr12 months · AED 62 per sqft
23 Mar 2023SoldReady
AED 1,580,000AED 974 per sqft
1 Jan 2023RentedRenewal
AED 99,750/yr12 months · AED 61 per sqft
1 Jan 2022RentedRenewal
AED 95,000/yr12 months · AED 58 per sqft
1 Jan 2021RentedRenewal
AED 95,000/yr12 months · AED 58 per sqft
1 Jan 2020RentedRenewal
AED 120,000/yr12 months · AED 74 per sqft
1 Jan 2019RentedRenewal
AED 133,000/yr12 months · AED 82 per sqft
1 Jan 2018RentedNew contract
AED 133,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 1 January 2024.

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 1.58M · March 2023
Building
Al Nakheel 4

About 111, Al Nakheel 4

111 is a two-bedroom apartment of 1,622 sqft on the 1st floor of Al Nakheel 4, a 6-storey tower in The Greens. It last sold on 23 March 2023 for AED 1,580,000, or AED 974 per sqft.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 99,750 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 28,700 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical two-bed in Al Nakheel 4
1M2M2008201220162020Typical sale price by year: 2008 AED 1,393,125; 2009 AED 715,800; 2013 AED 1,250,000; 2014 AED 2,150,000Sold by developer, December 2009: AED 790,000 (AED 487 per sqft)Sold, September 2010: AED 1,070,000 (AED 659 per sqft)Sold, March 2023: AED 1,580,000 (AED 974 per sqft)

111 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 111, each contractTypical two-bed in Al Nakheel 4
100K150K2013201720212025Typical rent by year: 2013 AED 90,000; 2014 AED 145,000; 2015 AED 145,000; 2016 AED 135,000; 2017 AED 122,500; 2018 AED 116,500; 2019 AED 105,000; 2020 AED 85,000; 2021 AED 95,000; 2022 AED 99,083; 2023 AED 104,300; 2024 AED 115,000; 2025 AED 135,000; 2026 AED 149,171New contract, June 2015: AED 130,000 a yearRenewal, June 2016: AED 130,000 a yearRenewal, June 2017: AED 130,000 a yearNew contract, January 2018: AED 133,000 a yearRenewal, January 2019: AED 133,000 a yearRenewal, January 2020: AED 120,000 a yearRenewal, January 2021: AED 95,000 a yearRenewal, January 2022: AED 95,000 a yearRenewal, January 2023: AED 99,750 a yearRenewal, January 2024: AED 99,750 a year

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 4, and where 111 sits

All 13 2-beds →

Over the last 12 months two-beds sold for AED 2,220,000 to 2,500,000, around AED 1,559 per sqft, and rent for AED 113,256 to 150,000 a year. 111's AED 99,750 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Feb 20262,220,000
10 Feb 20262,500,000
8 Jul 20252,450,000
14 Oct 20211,440,000
2 2-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
1033-bedAED 650K · Feb 2019
1042-bedAED 2.45M · Jul 2025
1051-bedAED 1.2M · Mar 2024
1063-bedAED 636K · Mar 2008
1071-bedAED 1.33M · Jul 2024
1–7 of 11

111, Al Nakheel 4 in numbers

  • Sold 3 times: first on 17 December 2009 for AED 790,000, last on 23 March 2023 for AED 1,580,000 (AED 974 per sqft).
  • Rented since June 2015 on 10 Ejari contracts, from AED 130,000 to AED 99,750 a year.
  • At AED 99,750 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 28,700 a year (AED 17.68 per sqft).
  • Two-beds in Al Nakheel 4 sold for AED 2,220,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,576 per sqft.

Source: Dubai Land Department. Updated 1 January 2024.

Questions about 111, Al Nakheel 4

What did unit 111 last sell for?

AED 1,580,000 on 23 March 2023: AED 974 per sqft for 1,622 sqft. The unit has 3 registered sales; the first was AED 790,000 in December 2009.

What is the rent for unit 111?

AED 99,750 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 99,750; the unit has been rented since June 2015.

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. Two-beds in Al Nakheel 4 sold for AED 2,220,000 to 2,500,000 in the last 12 months, around AED 1,559 per sqft.

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Mortgage on 111, Al Nakheel 4

Starts from the last sale price (AED 1.58M, 23 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,580,000
Deposit, UAE resident (20%)
AED 316,000
Deposit, non-resident (40%)
AED 632,000
Monthly over 25 years at 3.7%
AED 6,464

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