1-bed · 724 sqftAl Alka 1, The Greens · Ground floor

006, Al Alka 1

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 006 · DLD and Ejari recordsUpdated 26 June 2024
Last soldAED 1.2M26 June 2024
Current rentAED 60K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 006, Al Alka 1

What is 006 worth today?

Last sold for AED 1,200,000 in 2024

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26 Jun 2024SoldReady
AED 1,200,000AED 1,656 per sqft
1 Oct 2022RentedRenewal
AED 60,000/yr12 months · AED 83 per sqft
1 Oct 2021RentedNew contract
AED 55,000/yr12 months · AED 76 per sqft
25 Aug 2020RentedNew contract
AED 55,000/yr12 months · AED 76 per sqft
28 Feb 2018RentedNew contract
AED 74,000/yr12 months · AED 103 per sqft
16 May 2013SoldReady
AED 930,000AED 1,283 per sqft
18 Sep 2012Sold by developerReady
AED 567,153AED 782 per sqft

Source: Dubai Land Department. Updated 26 June 2024.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
Ground of 7
Parking
B-96
Service charge
AED 16,400 /yr
Last sold
AED 1.2M · June 2024
Building
Al Alka 1

About 006, Al Alka 1

006 is a one-bedroom apartment of 724 sqft on the ground floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 26 June 2024 for AED 1,200,000, or AED 1,656 per sqft, 20% above the AED 1,384 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 60,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 16,400 a year.

Sales and rents for 006 over time

Sales
Unit 006, each saleTypical one-bed in Al Alka 1
500K1M2012201620202024Typical 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, September 2012: AED 567,153 (AED 782 per sqft)Sold, May 2013: AED 930,000 (AED 1,283 per sqft)Sold, June 2024: AED 1,200,000 (AED 1,656 per sqft)

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

Rents
Unit 006, 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, February 2018: AED 74,000 a yearNew contract, August 2020: AED 55,000 a yearNew contract, October 2021: AED 55,000 a yearRenewal, October 2022: AED 60,000 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 006 sits

All 63 1-beds →

006 last sold in June 2024 at AED 1,656 per sqft, 20% above what one-beds in Al Alka 1 were fetching at the time (AED 1,384). 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. 006's AED 60,000 is at the bottom 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
0041-bedAED 1.18M · Feb 2013
0052-bedAED 2.28M · Oct 2024
0071-bedAED 1.02M · Oct 2016
0081-bedAED 871K · Feb 2013
1–7 of 18

006, Al Alka 1 in numbers

  • Sold 3 times: first on 18 September 2012 for AED 567,153, last on 26 June 2024 for AED 1,200,000 (AED 1,656 per sqft).
  • Rented since February 2018 on 4 Ejari contracts, from AED 74,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 16,400 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 26 June 2024.

Questions about 006, Al Alka 1

What did unit 006 last sell for?

AED 1,200,000 on 26 June 2024: AED 1,656 per sqft for 724 sqft. The unit has 3 registered sales; the first was AED 567,153 in September 2012.

What is the rent for unit 006?

AED 60,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 55,000; the unit has been rented since February 2018.

How big is unit 006?

724 sqft (67.3 sqm): a one-bedroom apartment on the ground floor of a 7-storey tower.

What is unit 006 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 006, Al Alka 1

Starts from the last sale price (AED 1.2M, 26 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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