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1-bed · 788 sqftAl Alka 1, The Greens · 1st floor

104, Al Alka 1

Sold prices and rental history: sold 3 times, last in January 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 1M31 January 2024
Current rentAED 65K /yr15 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 104, Al Alka 1

What is 104 worth today?

Last sold for AED 1,000,000 in 2024

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31 Jan 2024SoldReady
AED 1,000,000AED 1,269 per sqft
15 May 2022RentedNew contract
AED 65,000/yr12 months · AED 83 per sqft
27 Dec 2018SoldReady
AED 390,000AED 495 per sqft
1 Feb 2018RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft
3 Oct 2012Sold by developerReady
AED 906,200AED 1,150 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
1st of 7
Parking
B-83
Service charge
AED 17,800 /yr
Last sold
AED 1M · January 2024
Building
Al Alka 1

About 104, Al Alka 1

104 is a one-bedroom apartment of 788 sqft on the 1st floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 31 January 2024 for AED 1,000,000, or AED 1,269 per sqft, in line with the AED 1,260 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 15 May 2022, is AED 65,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 17,800 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical one-bed in Al Alka 1
500K1M1.5M2012201620202024Typical 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, October 2012: AED 906,200 (AED 1,150 per sqft)Sold, December 2018: AED 390,000 (AED 495 per sqft)Sold, January 2024: AED 1,000,000 (AED 1,269 per sqft)

104 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 104, 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, February 2018: AED 50,000 a yearNew contract, May 2022: AED 65,000 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 104 sits

All 63 1-beds →

104 last sold in January 2024 at AED 1,269 per sqft, in line with what one-beds in Al Alka 1 were fetching at the time (AED 1,260). 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. 104's AED 65,000 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 1st floor

All 118 units in Al Alka 1
Value
1011-bedAED 1.2M · Oct 2013
1021-bedAED 907K · Sep 2012
1031-bedAED 1.12M · Apr 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

104, Al Alka 1 in numbers

  • Sold 3 times: first on 3 October 2012 for AED 906,200, last on 31 January 2024 for AED 1,000,000 (AED 1,269 per sqft).
  • Rented since February 2018 on 2 Ejari contracts, from AED 50,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 17,800 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 31 January 2024.

Questions about 104, Al Alka 1

What did unit 104 last sell for?

AED 1,000,000 on 31 January 2024: AED 1,269 per sqft for 788 sqft. The unit has 3 registered sales; the first was AED 906,200 in October 2012.

What is the rent for unit 104?

AED 65,000 a year on the contract signed on 15 May 2022. The previous contract, from February 2018, was AED 50,000.

How big is unit 104?

788 sqft (73.2 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 104 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 104, Al Alka 1

Starts from the last sale price (AED 1M, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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