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1-bed · 721 sqftAl Alka 1, The Greens · 1st floor

109, Al Alka 1

Sold prices and rental history: sold once, by the developer in November 2012, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 3 April 2024
Last soldAED 865K8 November 2012
Current rentAED 78K /yr3 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 109, Al Alka 1

What is 109 worth today?

Last sold for AED 865,200 in 2012

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3 Apr 2024RentedNew contract
AED 78,000/yr12 months · AED 108 per sqft
28 Jan 2018RentedNew contract
AED 80,000/yr12 months · AED 111 per sqft
27 Mar 2016RentedNew contract
AED 151,351/yr12 months · AED 210 per sqft
8 Nov 2012Sold by developerReady
AED 865,200AED 1,199 per sqft

Source: Dubai Land Department. Updated 3 April 2024.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
1st of 7
Parking
B-264
Service charge
AED 16,300 /yr
Last sold
AED 865K · November 2012
Building
Al Alka 1

About 109, Al Alka 1

109 is a one-bedroom apartment of 721 sqft on the 1st floor of Al Alka 1, a 7-storey tower in The Greens. The developer sold it on 8 November 2012 for AED 865,200, or AED 1,199 per sqft, 4% above the AED 1,149 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 3 April 2024, is AED 78,000 a year: a gross yield of 9.0% on the 2012 price, before the service charge of about AED 16,300 a year.

Sales and rents for 109 over time

Sales
Unit 109, 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, November 2012: AED 865,200 (AED 1,199 per sqft)

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

Rents
Unit 109, 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, March 2016: AED 151,351 a yearNew contract, January 2018: AED 80,000 a yearNew contract, April 2024: AED 78,000 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 109 sits

All 63 1-beds →

109 last sold in November 2012 at AED 1,199 per sqft, 4% above 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. 109's AED 78,000 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
1021-bedAED 907K · Sep 2012
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
1–7 of 20

109, Al Alka 1 in numbers

  • Sold once: by the developer on 8 November 2012 for AED 865,200, or AED 1,199 per sqft.
  • Rented since March 2016 on 3 Ejari contracts, from AED 151,351 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2012 price is 9.0%, before a service charge of about AED 16,300 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 3 April 2024.

Questions about 109, Al Alka 1

What did unit 109 last sell for?

AED 865,200 on 8 November 2012, sold by the developer: AED 1,199 per sqft for 721 sqft. It is the only registered sale of the unit.

What is the rent for unit 109?

AED 78,000 a year on the contract signed on 3 April 2024. The previous contract, from January 2018, was AED 80,000; the unit has been rented since March 2016.

How big is unit 109?

721 sqft (67.0 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 109 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 109, Al Alka 1

Starts from the last sale price (AED 865K, 8 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 865,200
Deposit, UAE resident (20%)
AED 173,040
Deposit, non-resident (40%)
AED 346,080
Monthly over 25 years at 3.7%
AED 3,540

Plus AED 41,348 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →