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

007, Al Alka 1

Sold prices and rental history: sold twice, last in October 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 007 · DLD and Ejari recordsUpdated 15 March 2019
Last soldAED 1.02M17 October 2016
Current rentAED 66K /yr15 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 007, Al Alka 1

What is 007 worth today?

Last sold for AED 1,015,000 in 2016

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15 Mar 2019RentedNew contract
AED 66,000/yr12 months · AED 92 per sqft
1 Mar 2017RentedNew contract
AED 90,000/yr12 months · AED 125 per sqft
17 Oct 2016SoldReady
AED 1,015,000AED 1,402 per sqft
4 Jun 2014RentedNew contract
AED 78,000/yr12 months · AED 108 per sqft
7 Feb 2013Sold by developerReady
AED 868,800AED 1,200 per sqft

Source: Dubai Land Department. Updated 15 March 2019.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
Ground of 7
Parking
B-101
Service charge
AED 16,400 /yr
Last sold
AED 1.02M · October 2016
Building
Al Alka 1

About 007, Al Alka 1

007 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 17 October 2016 for AED 1,015,000, or AED 1,402 per sqft, 3% above the AED 1,357 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 15 March 2019, is AED 66,000 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 16,400 a year.

Sales and rents for 007 over time

Sales
Unit 007, 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 868,800 (AED 1,200 per sqft)Sold, October 2016: AED 1,015,000 (AED 1,402 per sqft)

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

Rents
Unit 007, 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 2014: AED 78,000 a yearNew contract, March 2017: AED 90,000 a yearNew contract, March 2019: AED 66,000 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 007 sits

All 63 1-beds →

007 last sold in October 2016 at AED 1,402 per sqft, 3% above what one-beds in Al Alka 1 were fetching at the time (AED 1,357). 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. 007's AED 66,000 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
0061-bedAED 1.2M · Jun 2024
0081-bedAED 871K · Feb 2013
1–7 of 18

007, Al Alka 1 in numbers

  • Sold twice: first on 7 February 2013 for AED 868,800, last on 17 October 2016 for AED 1,015,000 (AED 1,402 per sqft).
  • Rented since June 2014 on 3 Ejari contracts, from AED 78,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2016 price is 6.5%, 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 15 March 2019.

Questions about 007, Al Alka 1

What did unit 007 last sell for?

AED 1,015,000 on 17 October 2016: AED 1,402 per sqft for 724 sqft. The unit has 2 registered sales; the first was AED 868,800 in February 2013.

What is the rent for unit 007?

AED 66,000 a year on the contract signed on 15 March 2019. The previous contract, from March 2017, was AED 90,000; the unit has been rented since June 2014.

How big is unit 007?

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

What is unit 007 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 007, Al Alka 1

Starts from the last sale price (AED 1.02M, 17 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,015,000
Deposit, UAE resident (20%)
AED 203,000
Deposit, non-resident (40%)
AED 406,000
Monthly over 25 years at 3.7%
AED 4,153

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