016, Al Alka 1
Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 016, Al Alka 1
What is 016 worth today?
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Source: Dubai Land Department. Updated 4 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 908 sqft
- Floor
- Ground of 7
- Parking
- B-54
- Service charge
- AED 20,600 /yr
- Last sold
- AED 1.1M · July 2025
- Building
- Al Alka 1
About 016, Al Alka 1
016 is a one-bedroom apartment of 908 sqft on the ground floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 4 July 2025 for AED 1,100,000, or AED 1,210 per sqft, 23% below the AED 1,573 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 8 July 2024, is AED 65,780 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 20,600 a year.
Sales and rents for 016 over time
016 has sold 3 times; 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 016 sits
All 63 1-beds →016 last sold in July 2025 at AED 1,210 per sqft, 23% below what one-beds in Al Alka 1 were fetching at the time (AED 1,573). 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. 016's AED 65,780 is at the bottom 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 | |
| 008 | 1-bed | 724 sqft | AED 871KAED 871,200 · Feb 2013February 2013 | 73,500 /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 | |
| 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 |
016, Al Alka 1 in numbers
- Sold 3 times: first on 23 September 2012 for AED 1,044,200, last on 4 July 2025 for AED 1,100,000 (AED 1,210 per sqft).
- Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 87,000 to AED 48,000 in 2021 and recovered to AED 65,780 by July 2024.
- At AED 65,780 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 20,600 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 4 July 2025.
Questions about 016, Al Alka 1
What did unit 016 last sell for?
AED 1,100,000 on 4 July 2025: AED 1,210 per sqft for 908 sqft. The unit has 3 registered sales; the first was AED 1,044,200 in September 2012.
What is the rent for unit 016?
AED 65,780 a year on the contract renewed on 8 July 2024. The previous contract, from July 2023, was AED 57,200; the unit has been rented since December 2017.
How big is unit 016?
908 sqft (84.4 sqm): a one-bedroom apartment on the ground floor of a 7-storey tower.
What is unit 016 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 016, Al Alka 1
Starts from the last sale price (AED 1.1M, 4 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →