008, Al Alka 1
Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 008, Al Alka 1
What is 008 worth today?
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Source: Dubai Land Department. Updated 5 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 724 sqft
- Floor
- Ground of 7
- Parking
- B-269
- Service charge
- AED 16,400 /yr
- Last sold
- AED 871K · February 2013
- Building
- Al Alka 1
About 008, Al Alka 1
008 is a one-bedroom apartment of 724 sqft on the ground floor of Al Alka 1, a 7-storey tower in The Greens. The developer sold it on 7 February 2013 for AED 871,200, or AED 1,204 per sqft, 5% above the AED 1,150 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 5 September 2025, is AED 73,500 a year: a gross yield of 8.4% on the 2013 price, before the service charge of about AED 16,400 a year.
Sales and rents for 008 over time
008 has sold once; the dashed line is the one-bed median of each year in the building.
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 008 sits
All 63 1-beds →008 last sold in February 2013 at AED 1,204 per sqft, 5% above 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. 008's AED 73,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jan 202616 January 2026 | 726 sqft | 1,365,000 | 1,880 | ||
| 9 Jan 20269 January 2026 | 723 sqft | 1,320,000 | 1,824 | ||
| 23 Dec 202523 December 2025 | 789 sqft | 1,300,000 | 1,646 | ||
| 19 Dec 202519 December 2025 | 1,061 sqft | 1,400,000 | 1,319 |
Al Alka 1
Building118 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%
Other units on the ground floor
All 118 units in Al Alka 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 001 | 1-bed | 1,061 sqft | AED 1.4MAED 1,400,000 · Dec 2025December 2025 | 160,000 /yr | |
| 002 | 1-bed | 1,077 sqft | AED 1.23MAED 1,225,000 · Sep 2024September 2024 | 69,000 /yr | |
| 003 | 1,077 sqft | AED 1.7MAED 1,700,000 · Nov 2025November 2025 | 105,000 /yr | ||
| 004 | 1-bed | 1,076 sqft | AED 1.18MAED 1,183,600 · Feb 2013February 2013 | 95,000 /yr | |
| 005 | 2-bed | 2,320 sqft | AED 2.28MAED 2,280,000 · Oct 2024October 2024 | 130,000 /yr | |
| 006 | 1-bed | 724 sqft | AED 1.2MAED 1,200,000 · Jun 2024June 2024 | 60,000 /yr | |
| 007 | 1-bed | 724 sqft | AED 1.02MAED 1,015,000 · Oct 2016October 2016 | 66,000 /yr | |
| 009 | 1-bed | 724 sqft | AED 950KAED 950,000 · Jun 2013June 2013 | 75,000 /yr | |
| 010 | 1-bed | 724 sqft | AED 1.02MAED 1,015,000 · Sep 2017September 2017 | 85,000 /yr | |
| 011 | 2-bed | 1,003 sqft | AED 1.45MAED 1,450,000 · Sep 2013September 2013 | 96,800 /yr | |
| 015 | 1-bed | 902 sqft | AED 400KAED 400,000 · Feb 2019February 2019 | 80,000 /yr | |
| 016 | 1-bed | 908 sqft | AED 1.1MAED 1,100,000 · Jul 2025July 2025 | 65,780 /yr | |
| 018 | 2-bed | 2,414 sqft | AED 2.04MAED 2,035,000 · Apr 2017April 2017 | 110,250 /yr | |
| 019 | 2-bed | 1,970 sqft | AED 2.28MAED 2,275,000 · Dec 2025December 2025 | 130,000 /yr | |
| 012A | Studio | 444 sqft | AED 510KAED 510,000 · Jan 2024January 2024 | 64,000 /yr | |
| 012B | Studio | 460 sqft | AED 575KAED 575,000 · Nov 2012November 2012 | 68,000 /yr | |
| 013A | Studio | 460 sqft | AED 780KAED 780,000 · Apr 2015April 2015 | 60,000 /yr | |
| 013B | Studio | 455 sqft | AED 575KAED 575,000 · Nov 2012November 2012 | 55,000 /yr |
008, Al Alka 1 in numbers
- Sold once: by the developer on 7 February 2013 for AED 871,200, or AED 1,204 per sqft.
- Rented since March 2016 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 47,000 in 2021 and recovered to AED 73,500 by September 2025.
- At AED 73,500 a year the gross yield on the 2013 price is 8.4%, 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 5 September 2025.
Questions about 008, Al Alka 1
What did unit 008 last sell for?
AED 871,200 on 7 February 2013, sold by the developer: AED 1,204 per sqft for 724 sqft. It is the only registered sale of the unit.
What is the rent for unit 008?
AED 73,500 a year on the contract renewed on 5 September 2025. The previous contract, from September 2024, was AED 70,000; the unit has been rented since March 2016.
How big is unit 008?
724 sqft (67.3 sqm): a one-bedroom apartment on the ground floor of a 7-storey tower.
What is unit 008 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 008, Al Alka 1
Starts from the last sale price (AED 871K, 7 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 871,200
- Deposit, UAE resident (20%)
- AED 174,240
- Deposit, non-resident (40%)
- AED 348,480
- Monthly over 25 years at 3.7%
- AED 3,564
Plus AED 41,600 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →