2-bed · 1,518 sqftAl Nakheel 4, The Greens · 3rd floor

304, Al Nakheel 4

Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 716K27 January 2009
Current rentAED 115K /yr12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Al Nakheel 4

What is 304 worth today?

Last sold for AED 715,800 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Dec 2024RentedRenewal
AED 115,000/yr12 months · AED 76 per sqft
12 Dec 2023RentedRenewal
AED 108,600/yr12 months · AED 72 per sqft
12 Dec 2022RentedRenewal
AED 102,465/yr12 months · AED 68 per sqft
12 Dec 2021RentedRenewal
AED 89,100/yr12 months · AED 59 per sqft
12 Dec 2020RentedRenewal
AED 81,000/yr12 months · AED 53 per sqft
12 Dec 2019RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
12 Dec 2018RentedRenewal
AED 95,000/yr12 months · AED 63 per sqft
12 Dec 2017RentedRenewal
AED 99,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 12 December 2024.

Key facts

Type
2-bed apartment
Size
1,518 sqft
Floor
3rd of 6
Parking
nan
Service charge
AED 26,800 /yr
Last sold
AED 716K · January 2009
Building
Al Nakheel 4

About 304, Al Nakheel 4

304 is a two-bedroom apartment of 1,518 sqft on the 3rd floor of Al Nakheel 4, a 6-storey tower in The Greens. The developer sold it on 27 January 2009 for AED 715,800, or AED 471 per sqft, 44% below the AED 842 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 12 December 2024, is AED 115,000 a year: a gross yield of 16.1% on the 2009 price, before the service charge of about AED 26,800 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Al Nakheel 4
1M2M2008201020122014Typical 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, January 2009: AED 715,800 (AED 471 per sqft)

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

Rents
Unit 304, 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, December 2013: AED 90,000 a yearNew contract, December 2014: AED 90,000 a yearRenewal, December 2015: AED 99,000 a yearRenewal, December 2016: AED 99,000 a yearRenewal, December 2017: AED 99,000 a yearRenewal, December 2018: AED 95,000 a yearRenewal, December 2019: AED 90,000 a yearRenewal, December 2020: AED 81,000 a yearRenewal, December 2021: AED 89,100 a yearRenewal, December 2022: AED 102,465 a yearRenewal, December 2023: AED 108,600 a yearRenewal, December 2024: AED 115,000 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 304 sits

All 13 2-beds →

304 last sold in January 2009 at AED 471 per sqft, 44% below what two-beds in Al Nakheel 4 were fetching at the time (AED 842). 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. 304's AED 115,000 is in the lower half 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
23 Mar 20231,580,000
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 3rd floor

All 53 units in Al Nakheel 4
Value
3012-bedAED 1.44M · Oct 2021
3023-bedAED 1.65M · Feb 2022
3033-bedAED 1.25M · Oct 2011
3051-bedAED 1.45M · Oct 2024
3063-bedAED 1.9M · Jul 2013
3071-bedAED 1.48M · Sep 2025
3081-bedAED 1.1M · Mar 2024
1–7 of 11

304, Al Nakheel 4 in numbers

  • Sold once: by the developer on 27 January 2009 for AED 715,800, or AED 471 per sqft.
  • Rented since December 2013 on 12 Ejari contracts, from AED 90,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2009 price is 16.1%, before a service charge of about AED 26,800 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 12 December 2024.

Questions about 304, Al Nakheel 4

What did unit 304 last sell for?

AED 715,800 on 27 January 2009, sold by the developer: AED 471 per sqft for 1,518 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 115,000 a year on the contract renewed on 12 December 2024. The previous contract, from December 2023, was AED 108,600; the unit has been rented since December 2013.

How big is unit 304?

1,518 sqft (141.0 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 304 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.

Selling 304? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 304, Al Nakheel 4

Starts from the last sale price (AED 716K, 27 January 2009). Switch to today's estimate once you have unlocked it.
Price
AED 715,800
Deposit, UAE resident (20%)
AED 143,160
Deposit, non-resident (40%)
AED 286,320
Monthly over 25 years at 3.7%
AED 2,929

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