3-bed · 2,079 sqftAl Nakheel 4, The Greens · 5th floor

509, Al Nakheel 4

Sold prices and rental history: sold once, by the developer in June 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 3 February 2026
Last soldAED 1.6M3 June 2012
Current rentAED 195K /yr3 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Al Nakheel 4

What is 509 worth today?

Last sold for AED 1,600,000 in 2012

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3 Feb 2026RentedRenewal
AED 195,000/yr12 months · AED 94 per sqft
3 Feb 2025RentedRenewal
AED 195,000/yr12 months · AED 94 per sqft
3 Feb 2025RentedRenewal
AED 195,000/yr12 months · AED 94 per sqft
3 Feb 2024RentedNew contract
AED 195,000/yr12 months · AED 94 per sqft
23 Dec 2022RentedRenewal
AED 130,000/yr12 months · AED 63 per sqft
23 Dec 2021RentedRenewal
AED 120,000/yr12 months · AED 58 per sqft
23 Dec 2020RentedRenewal
AED 120,000/yr12 months · AED 58 per sqft
23 Dec 2019RentedNew contract
AED 125,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 3 February 2026.

Key facts

Type
3-bed apartment
Size
2,079 sqft
Floor
5th of 6
Parking
nan
Service charge
AED 36,700 /yr
Last sold
AED 1.6M · June 2012
Building
Al Nakheel 4

About 509, Al Nakheel 4

509 is a three-bedroom apartment of 2,079 sqft on the 5th floor of Al Nakheel 4, a 6-storey tower in The Greens. The developer sold it on 3 June 2012 for AED 1,600,000, or AED 769 per sqft, in line with the AED 759 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 3 February 2026, is AED 195,000 a year: a gross yield of 12.2% on the 2012 price, before the service charge of about AED 36,700 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, June 2012: AED 1,600,000 (AED 769 per sqft)

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

Rents
Unit 509, each contractTypical three-bed in Al Nakheel 4
100K150K200K2012201620202024Typical 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, April 2013: AED 155,000 a yearNew contract, October 2014: AED 190,000 a yearRenewal, October 2015: AED 190,000 a yearRenewal, October 2016: AED 185,000 a yearRenewal, October 2017: AED 165,000 a yearRenewal, October 2018: AED 165,000 a yearNew contract, December 2019: AED 125,000 a yearRenewal, December 2020: AED 120,000 a yearRenewal, December 2021: AED 120,000 a yearRenewal, December 2022: AED 130,000 a yearNew contract, February 2024: AED 195,000 a yearRenewal, February 2025: AED 195,000 a yearRenewal, February 2025: AED 195,000 a yearRenewal, February 2026: AED 195,000 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 509 sits

All 25 3-beds →

509 last sold in June 2012 at AED 769 per sqft, in line with what three-beds in Al Nakheel 4 were fetching at the time (AED 759). 509's AED 195,000 is in the upper half 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 5th floor

All 53 units in Al Nakheel 4
Value
5103-bedAED 1.8M · Feb 2023

509, Al Nakheel 4 in numbers

  • Sold once: by the developer on 3 June 2012 for AED 1,600,000, or AED 769 per sqft.
  • Rented since April 2013 on 14 Ejari contracts. The rent fell from AED 155,000 to AED 120,000 in 2021 and recovered to AED 195,000 by February 2026.
  • At AED 195,000 a year the gross yield on the 2012 price is 12.2%, before a service charge of about AED 36,700 a year (AED 17.68 per sqft).

Source: Dubai Land Department. Updated 3 February 2026.

Questions about 509, Al Nakheel 4

What did unit 509 last sell for?

AED 1,600,000 on 3 June 2012, sold by the developer: AED 769 per sqft for 2,079 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 195,000 a year on the contract renewed on 3 February 2026. The previous contract, from February 2025, was AED 195,000; the unit has been rented since April 2013.

How big is unit 509?

2,079 sqft (193.1 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 509 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 509, Al Nakheel 4

Starts from the last sale price (AED 1.6M, 3 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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