Studio · 438 sqftAl Alka 1, The Greens · 1st floor

112B, Al Alka 1

Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112B · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 660K31 March 2013
Current rentAED 60K /yr7 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112B, Al Alka 1

What is 112B worth today?

Last sold for AED 660,000 in 2013

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7 Apr 2025RentedRenewal
AED 60,000/yr12 months · AED 136 per sqft
7 Apr 2024RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
19 Mar 2023RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
1 Feb 2021RentedNew contract
AED 39,000/yr12 months · AED 89 per sqft
15 Dec 2019RentedNew contract
AED 45,000/yr12 months · AED 103 per sqft
15 Dec 2018RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
31 Mar 2013SoldReady
AED 660,000AED 1,508 per sqft
23 Sep 2012Sold by developerReady
AED 503,700AED 1,151 per sqft

Source: Dubai Land Department. Updated 7 April 2025.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
1st of 7
Parking
B-245
Service charge
AED 9,900 /yr
Last sold
AED 660K · March 2013
Building
Al Alka 1

About 112B, Al Alka 1

112B is a studio of 438 sqft on the 1st floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 31 March 2013 for AED 660,000, or AED 1,508 per sqft, 31% above the AED 1,151 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 7 April 2025, is AED 60,000 a year: a gross yield of 9.1% on the 2013 price, before the service charge of about AED 9,900 a year.

Sales and rents for 112B over time

Sales
Unit 112B, each saleTypical studio in Al Alka 1
600K800K201220142016Typical sale price by year: 2012 AED 523,520; 2013 AED 655,000; 2015 AED 780,000; 2016 AED 725,000Sold by developer, September 2012: AED 503,700 (AED 1,151 per sqft)Sold, March 2013: AED 660,000 (AED 1,508 per sqft)

112B has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 112B, each contractTypical studio in Al Alka 1
40K60K80K2015201820212024Typical rent by year: 2015 AED 74,000; 2016 AED 70,000; 2017 AED 60,000; 2018 AED 51,000; 2019 AED 45,000; 2020 AED 36,000; 2021 AED 36,500; 2022 AED 44,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 64,000New contract, December 2018: AED 50,000 a yearNew contract, December 2019: AED 45,000 a yearNew contract, February 2021: AED 39,000 a yearNew contract, March 2023: AED 55,000 a yearNew contract, April 2024: AED 60,000 a yearRenewal, April 2025: AED 60,000 a year

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

Studios in Al Alka 1, and where 112B sits

All 20 studios →

112B last sold in March 2013 at AED 1,508 per sqft, 31% above what studios in Al Alka 1 were fetching at the time (AED 1,151). Over the last 12 months studios sold for AED 885,000, around AED 1,994 per sqft, and rent for AED 65,000 to 68,000 a year.

Recent studio salesUnit no.Price (AED)Summary
12 Feb 2026885,000
30 Apr 2025865,000
15 Jan 2024510,000
3 May 2018665,000
1 studio sale 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

112B, Al Alka 1 in numbers

  • Sold twice: first on 23 September 2012 for AED 503,700, last on 31 March 2013 for AED 660,000 (AED 1,508 per sqft).
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 39,000 in 2021 and recovered to AED 60,000 by April 2025.
  • At AED 60,000 a year the gross yield on the 2013 price is 9.1%, before a service charge of about AED 9,900 a year (AED 22.63 per sqft).
  • Studios in Al Alka 1 sold for AED 885,000–885,000 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 7 April 2025.

Questions about 112B, Al Alka 1

What did unit 112B last sell for?

AED 660,000 on 31 March 2013: AED 1,508 per sqft for 438 sqft. The unit has 2 registered sales; the first was AED 503,700 in September 2012.

What is the rent for unit 112B?

AED 60,000 a year on the contract renewed on 7 April 2025. The previous contract, from April 2024, was AED 60,000; the unit has been rented since December 2018.

How big is unit 112B?

438 sqft (40.7 sqm): a studio on the 1st floor of a 7-storey tower.

What is unit 112B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Alka 1 sold for AED 885,000 to 885,000 in the last 12 months, around AED 1,994 per sqft.

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Mortgage on 112B, Al Alka 1

Starts from the last sale price (AED 660K, 31 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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