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1-bed · 789 sqftAl Alka 1, The Greens · 1st floor

102, Al Alka 1

Sold prices and rental history: sold once, by the developer in September 2012, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 1 January 2018
Last soldAED 907K10 September 2012
Current rentAED 90K /yr1 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 102, Al Alka 1

What is 102 worth today?

Last sold for AED 907,350 in 2012

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1 Jan 2018RentedNew contract
AED 90,000/yr12 months · AED 115 per sqft
1 May 2017RentedNew contract
AED 100,000/yr12 months · AED 127 per sqft
10 Sep 2012Sold by developerReady
AED 907,350AED 1,149 per sqft

Source: Dubai Land Department. Updated 1 January 2018.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
1st of 7
Parking
B-81
Service charge
AED 17,900 /yr
Last sold
AED 907K · September 2012
Building
Al Alka 1

About 102, Al Alka 1

102 is a one-bedroom apartment of 789 sqft on the 1st floor of Al Alka 1, a 7-storey tower in The Greens. The developer sold it on 10 September 2012 for AED 907,350, or AED 1,149 per sqft, in line with the AED 1,149 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 January 2018, is AED 90,000 a year: a gross yield of 9.9% on the 2012 price, before the service charge of about AED 17,900 a year.

Sales and rents for 102 over time

Sales
Unit 102, 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, September 2012: AED 907,350 (AED 1,149 per sqft)

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

Rents
Unit 102, 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, May 2017: AED 100,000 a yearNew contract, January 2018: AED 90,000 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 102 sits

All 63 1-beds →

102 last sold in September 2012 at AED 1,149 per sqft, in line with what one-beds in Al Alka 1 were fetching at the time (AED 1,149). 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. 102's AED 90,000 is in the lower half 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 1st floor

All 118 units in Al Alka 1
Value
1011-bedAED 1.2M · Oct 2013
1031-bedAED 1.12M · Apr 2024
1041-bedAED 1M · Jan 2024
1052-bedAED 1.02M · Nov 2020
1061-bedAED 831K · Sep 2012
1071-bedAED 1.52M · May 2025
1081-bedAED 980K · Nov 2015
1–7 of 20

102, Al Alka 1 in numbers

  • Sold once: by the developer on 10 September 2012 for AED 907,350, or AED 1,149 per sqft.
  • Rented since May 2017 on 2 Ejari contracts, from AED 100,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2012 price is 9.9%, before a service charge of about AED 17,900 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 1 January 2018.

Questions about 102, Al Alka 1

What did unit 102 last sell for?

AED 907,350 on 10 September 2012, sold by the developer: AED 1,149 per sqft for 789 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 90,000 a year on the contract signed on 1 January 2018. The previous contract, from May 2017, was AED 100,000.

How big is unit 102?

789 sqft (73.3 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 102 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 102, Al Alka 1

Starts from the last sale price (AED 907K, 10 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 907,350
Deposit, UAE resident (20%)
AED 181,470
Deposit, non-resident (40%)
AED 362,940
Monthly over 25 years at 3.7%
AED 3,712

Plus AED 43,119 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →