1-bed · 680 sqftAl Nakheel 4, The Greens · 3rd floor

308, Al Nakheel 4

Sold prices and rental history: sold twice, last in March 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 1.1M14 March 2024
Current rentAED 58K /yr6 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Al Nakheel 4

What is 308 worth today?

Last sold for AED 1,100,000 in 2024

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14 Mar 2024SoldReady
AED 1,100,000AED 1,617 per sqft
6 Jan 2020RentedRenewal
AED 58,000/yr12 months · AED 85 per sqft
6 Jan 2019RentedNew contract
AED 60,000/yr12 months · AED 88 per sqft
8 Jun 2018RentedNew contract
AED 65,000/yr12 months · AED 96 per sqft
23 May 2007Sold by developerReady
AED 303,800AED 446 per sqft

Source: Dubai Land Department. Updated 14 March 2024.

Key facts

Type
1-bed apartment
Size
680 sqft
Floor
3rd of 6
Parking
nan
Service charge
AED 12,000 /yr
Last sold
AED 1.1M · March 2024
Building
Al Nakheel 4

About 308, Al Nakheel 4

308 is a one-bedroom apartment of 680 sqft on the 3rd floor of Al Nakheel 4, a 6-storey tower in The Greens. It last sold on 14 March 2024 for AED 1,100,000, or AED 1,617 per sqft.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 6 January 2020, is AED 58,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 12,000 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Al Nakheel 4
500K1M2007201220172022Typical sale price by year: 2007 AED 401,800; 2008 AED 406,800; 2011 AED 610,900; 2012 AED 855,000; 2024 AED 1,262,500Sold by developer, May 2007: AED 303,800 (AED 446 per sqft)Sold, March 2024: AED 1,100,000 (AED 1,617 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Al Nakheel 4
50K75K100K2013201720212025Typical rent by year: 2013 AED 65,000; 2015 AED 89,000; 2016 AED 91,500; 2018 AED 80,000; 2019 AED 66,500; 2020 AED 57,000; 2021 AED 55,000; 2022 AED 61,750; 2023 AED 80,000; 2024 AED 85,000; 2025 AED 92,500; 2026 AED 109,000New contract, June 2018: AED 65,000 a yearNew contract, January 2019: AED 60,000 a yearRenewal, January 2020: AED 58,000 a year

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 4, and where 308 sits

All 10 1-beds →

Over the last 12 months one-beds sold for AED 1,480,000, around AED 1,597 per sqft, and rent for AED 78,750 to 115,000 a year. 308's AED 58,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Apr 20261,480,000
26 Sep 20251,475,000
2 Oct 20241,450,000
4 Jul 20241,325,000
1 1-bed sale 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
3042-bedAED 716K · Jan 2009
3051-bedAED 1.45M · Oct 2024
3063-bedAED 1.9M · Jul 2013
3071-bedAED 1.48M · Sep 2025
1–7 of 11

308, Al Nakheel 4 in numbers

  • Sold twice: first on 23 May 2007 for AED 303,800, last on 14 March 2024 for AED 1,100,000 (AED 1,617 per sqft).
  • Rented since June 2018 on 3 Ejari contracts, from AED 65,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 12,000 a year (AED 17.68 per sqft).
  • One-beds in Al Nakheel 4 sold for AED 1,480,000–1,480,000 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 14 March 2024.

Questions about 308, Al Nakheel 4

What did unit 308 last sell for?

AED 1,100,000 on 14 March 2024: AED 1,617 per sqft for 680 sqft. The unit has 2 registered sales; the first was AED 303,800 in May 2007.

What is the rent for unit 308?

AED 58,000 a year on the contract renewed on 6 January 2020. The previous contract, from January 2019, was AED 60,000; the unit has been rented since June 2018.

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. One-beds in Al Nakheel 4 sold for AED 1,480,000 to 1,480,000 in the last 12 months, around AED 1,597 per sqft.

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Mortgage on 308, Al Nakheel 4

Starts from the last sale price (AED 1.1M, 14 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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