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2-bed · 2,414 sqftAl Alka 1, The Greens · Ground floor

018, Al Alka 1

Sold prices and rental history: sold twice, last in April 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 018 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 2.04M17 April 2017
Current rentAED 110K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 018, Al Alka 1

What is 018 worth today?

Last sold for AED 2,035,000 in 2017

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1 Apr 2025RentedRenewal
AED 110,250/yr12 months · AED 46 per sqft
1 Apr 2024RentedNew contract
AED 105,000/yr12 months · AED 43 per sqft
1 Apr 2022RentedRenewal
AED 95,000/yr12 months · AED 39 per sqft
1 Apr 2021RentedRenewal
AED 95,000/yr12 months · AED 39 per sqft
1 Apr 2020RentedNew contract
AED 95,000/yr12 months · AED 39 per sqft
17 Apr 2017SoldReady
AED 2,035,000AED 842 per sqft
23 Apr 2013Sold by developerReady
AED 2,100,180AED 869 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
2,414 sqft
Floor
Ground of 7
Parking
B-6
Service charge
AED 54,600 /yr
Last sold
AED 2.04M · April 2017
Building
Al Alka 1

About 018, Al Alka 1

018 is a two-bedroom apartment of 2,414 sqft on the ground floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 17 April 2017 for AED 2,035,000, or AED 842 per sqft, 16% below the AED 1,004 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 110,250 a year: a gross yield of 5.4% on the 2017 price, before the service charge of about AED 54,600 a year.

Sales and rents for 018 over time

Sales
Unit 018, each saleTypical two-bed in Al Alka 1
1M1.5M2M2012201620202024Typical sale price by year: 2012 AED 1,436,350; 2013 AED 1,640,000; 2017 AED 1,500,000; 2018 AED 1,227,000; 2019 AED 1,208,000; 2021 AED 1,160,000; 2022 AED 1,190,000; 2024 AED 1,675,000Sold by developer, April 2013: AED 2,100,180 (AED 869 per sqft)Sold, April 2017: AED 2,035,000 (AED 842 per sqft)

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

Rents
Unit 018, each contractTypical two-bed in Al Alka 1
100K150K200K2013201720212025Typical rent by year: 2013 AED 157,500; 2014 AED 187,348; 2015 AED 185,657; 2016 AED 162,856; 2017 AED 141,138; 2018 AED 113,500; 2019 AED 96,000; 2020 AED 80,000; 2021 AED 82,000; 2022 AED 93,600; 2023 AED 98,400; 2024 AED 110,000; 2025 AED 130,000New contract, April 2020: AED 95,000 a yearRenewal, April 2021: AED 95,000 a yearRenewal, April 2022: AED 95,000 a yearNew contract, April 2024: AED 105,000 a yearRenewal, April 2025: AED 110,250 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Alka 1, and where 018 sits

All 33 2-beds →

018 last sold in April 2017 at AED 842 per sqft, 16% below what two-beds in Al Alka 1 were fetching at the time (AED 1,004). Over the last 12 months two-beds sold for AED 1,830,000 to 2,275,000, around AED 1,397 per sqft, and rent for AED 125,000 to 165,000 a year. 018's AED 110,250 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jan 20261,830,000
18 Dec 20252,275,000
14 Mar 20252,000,000
11 Nov 20241,650,000
2 2-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
0071-bedAED 1.02M · Oct 2016
1–7 of 18

018, Al Alka 1 in numbers

  • Sold twice: first on 23 April 2013 for AED 2,100,180, last on 17 April 2017 for AED 2,035,000 (AED 842 per sqft).
  • Rented since April 2020 on 5 Ejari contracts, from AED 95,000 to AED 110,250 a year.
  • At AED 110,250 a year the gross yield on the 2017 price is 5.4%, before a service charge of about AED 54,600 a year (AED 22.63 per sqft).
  • Two-beds in Al Alka 1 sold for AED 1,830,000–2,275,000 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 1 April 2025.

Questions about 018, Al Alka 1

What did unit 018 last sell for?

AED 2,035,000 on 17 April 2017: AED 842 per sqft for 2,414 sqft. The unit has 2 registered sales; the first was AED 2,100,180 in April 2013.

What is the rent for unit 018?

AED 110,250 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 105,000; the unit has been rented since April 2020.

How big is unit 018?

2,414 sqft (224.3 sqm): a two-bedroom apartment on the ground floor of a 7-storey tower.

What is unit 018 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Alka 1 sold for AED 1,830,000 to 2,275,000 in the last 12 months, around AED 1,397 per sqft.

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Mortgage on 018, Al Alka 1

Starts from the last sale price (AED 2.04M, 17 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,035,000
Deposit, UAE resident (20%)
AED 407,000
Deposit, non-resident (40%)
AED 814,000
Monthly over 25 years at 3.7%
AED 8,326

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