1-bed · 1,076 sqftAl Alka 1, The Greens · Ground floor

004, Al Alka 1

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

Unit 004 · DLD and Ejari recordsUpdated 8 April 2025
Last soldAED 1.18M18 February 2013
Current rentAED 95K /yr8 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 004, Al Alka 1

What is 004 worth today?

Last sold for AED 1,183,600 in 2013

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8 Apr 2025RentedRenewal
AED 95,000/yr12 months · AED 88 per sqft
8 Apr 2023RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft
15 Nov 2021RentedRenewal
AED 50,000/yr12 months · AED 46 per sqft
15 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 46 per sqft
20 Jan 2018RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft
27 Jun 2013RentedNew contract
AED 135,000/yr12 months · AED 125 per sqft
18 Feb 2013Sold by developerReady
AED 1,183,600AED 1,100 per sqft

Source: Dubai Land Department. Updated 8 April 2025.

Key facts

Type
1-bed apartment
Size
1,076 sqft
Floor
Ground of 7
Parking
B-79
Service charge
AED 24,300 /yr
Last sold
AED 1.18M · February 2013
Building
Al Alka 1

About 004, Al Alka 1

004 is a one-bedroom apartment of 1,076 sqft on the ground floor of Al Alka 1, a 7-storey tower in The Greens. The developer sold it on 18 February 2013 for AED 1,183,600, or AED 1,100 per sqft, 4% below the AED 1,150 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 8 April 2025, is AED 95,000 a year: a gross yield of 8.0% on the 2013 price, before the service charge of about AED 24,300 a year.

Sales and rents for 004 over time

Sales
Unit 004, each saleTypical one-bed in Al Alka 1
1M2012201620202024Typical sale price by year: 2012 AED 864,000; 2013 AED 960,000; 2014 AED 1,177,500; 2015 AED 1,137,500; 2016 AED 1,000,000; 2017 AED 1,040,000; 2018 AED 675,000; 2019 AED 702,500; 2021 AED 685,000; 2022 AED 765,000; 2023 AED 910,000; 2024 AED 1,100,000; 2025 AED 1,350,000Sold by developer, February 2013: AED 1,183,600 (AED 1,100 per sqft)

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

Rents
Unit 004, each contractTypical one-bed in Al Alka 1
50K100K150K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 100,000; 2015 AED 135,758; 2016 AED 105,000; 2017 AED 92,000; 2018 AED 74,000; 2019 AED 67,000; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 60,000; 2023 AED 70,000; 2024 AED 78,000; 2025 AED 80,000; 2026 AED 90,000New contract, June 2013: AED 135,000 a yearNew contract, January 2018: AED 90,000 a yearNew contract, November 2020: AED 50,000 a yearRenewal, November 2021: AED 50,000 a yearNew contract, April 2023: AED 90,000 a yearRenewal, April 2025: AED 95,000 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 Alka 1, and where 004 sits

All 63 1-beds →

004 last sold in February 2013 at AED 1,100 per sqft, 4% below what one-beds in Al Alka 1 were fetching at the time (AED 1,150). Over the last 12 months one-beds sold for AED 1,300,000 to 1,700,000, around AED 1,646 per sqft, and rent for AED 69,000 to 160,000 a year. 004's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jan 20261,365,000
9 Jan 20261,320,000
23 Dec 20251,300,000
19 Dec 20251,400,000
5 1-bed sales in the last 12 months

Al Alka 1

Building

118 apartments, studios to 2-bed over 7 floors in The Greens. 8 sold in the last 12 months.

Typical price per sqft
AED 1,643
Typical sale
AED 1.38M
Typical rent
AED 90K /yr
Typical yield
7.4%
Al Alka 1, The Greens: prices, sales and rents →

Other units on the ground floor

All 118 units in Al Alka 1
Value
0011-bedAED 1.4M · Dec 2025
0021-bedAED 1.23M · Sep 2024
003AED 1.7M · Nov 2025
0052-bedAED 2.28M · Oct 2024
0061-bedAED 1.2M · Jun 2024
0071-bedAED 1.02M · Oct 2016
0081-bedAED 871K · Feb 2013
1–7 of 18

004, Al Alka 1 in numbers

  • Sold once: by the developer on 18 February 2013 for AED 1,183,600, or AED 1,100 per sqft.
  • Rented since June 2013 on 6 Ejari contracts. The rent fell from AED 135,000 to AED 50,000 in 2021 and recovered to AED 95,000 by April 2025.
  • At AED 95,000 a year the gross yield on the 2013 price is 8.0%, before a service charge of about AED 24,300 a year (AED 22.63 per sqft).
  • One-beds in Al Alka 1 sold for AED 1,300,000–1,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,643 per sqft.

Source: Dubai Land Department. Updated 8 April 2025.

Questions about 004, Al Alka 1

What did unit 004 last sell for?

AED 1,183,600 on 18 February 2013, sold by the developer: AED 1,100 per sqft for 1,076 sqft. It is the only registered sale of the unit.

What is the rent for unit 004?

AED 95,000 a year on the contract renewed on 8 April 2025. The previous contract, from April 2023, was AED 90,000; the unit has been rented since June 2013.

How big is unit 004?

1,076 sqft (100.0 sqm): a one-bedroom apartment on the ground floor of a 7-storey tower.

What is unit 004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Alka 1 sold for AED 1,300,000 to 1,700,000 in the last 12 months, around AED 1,646 per sqft.

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Mortgage on 004, Al Alka 1

Starts from the last sale price (AED 1.18M, 18 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,183,600
Deposit, UAE resident (20%)
AED 236,720
Deposit, non-resident (40%)
AED 473,440
Monthly over 25 years at 3.7%
AED 4,842

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