1-bed · 726 sqftAl Alka 1, The Greens · 2nd floor

214, Al Alka 1

Sold prices and rental history: sold 5 times, last in March 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 19 March 2025
Last soldAED 1.23M19 March 2025
Current rentAED 83K /yr27 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Al Alka 1

What is 214 worth today?

Last sold for AED 1,225,000 in 2025

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19 Mar 2025SoldReady
AED 1,225,000AED 1,687 per sqft
27 Mar 2024RentedNew contract
AED 83,000/yr12 months · AED 114 per sqft
25 Aug 2022RentedRenewal
AED 58,300/yr12 months · AED 80 per sqft
25 Aug 2021RentedNew contract
AED 53,000/yr12 months · AED 73 per sqft
4 Aug 2020RentedNew contract
AED 54,000/yr12 months · AED 74 per sqft
4 Aug 2019RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
28 Jun 2018RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
30 May 2017RentedNew contract
AED 87,000/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 19 March 2025.

Key facts

Type
1-bed apartment
Size
726 sqft
Floor
2nd of 7
Parking
B-58
Service charge
AED 16,400 /yr
Last sold
AED 1.23M · March 2025
Building
Al Alka 1

About 214, Al Alka 1

214 is a one-bedroom apartment of 726 sqft on the 2nd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 19 March 2025 for AED 1,225,000, or AED 1,687 per sqft, 11% above the AED 1,526 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 27 March 2024, is AED 83,000 a year: a gross yield of 6.8% on the 2025 price, before the service charge of about AED 16,400 a year.

Sales and rents for 214 over time

Sales
Unit 214, 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, June 2013: AED 871,200 (AED 1,200 per sqft)Sold, September 2013: AED 1,000,000 (AED 1,377 per sqft)Sold, February 2016: AED 1,170,000 (AED 1,611 per sqft)Sold, February 2016: AED 980,000 (AED 1,350 per sqft)Sold, March 2025: AED 1,225,000 (AED 1,687 per sqft)

214 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 214, 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 95,000 a yearNew contract, January 2017: AED 93,000 a yearNew contract, May 2017: AED 87,000 a yearNew contract, June 2018: AED 70,000 a yearNew contract, August 2019: AED 60,000 a yearNew contract, August 2020: AED 54,000 a yearNew contract, August 2021: AED 53,000 a yearRenewal, August 2022: AED 58,300 a yearNew contract, March 2024: AED 83,000 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 214 sits

All 63 1-beds →

214 last sold in March 2025 at AED 1,687 per sqft, 11% above what one-beds in Al Alka 1 were fetching at the time (AED 1,526). 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. 214's AED 83,000 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 2nd floor

All 118 units in Al Alka 1
Value
2011-bedAED 780K · Jul 2022
2021-bedAED 695K · Feb 2022
2031-bedAED 1.2M · Feb 2016
2041-bedAED 1.2M · Feb 2015
2052-bedAED 1.38M · Oct 2022
2061-bedAED 1.04M · Jan 2017
2071-bedAED 1.04M · Nov 2023
1–7 of 20

214, Al Alka 1 in numbers

  • Sold 5 times: first on 27 June 2013 for AED 871,200, last on 19 March 2025 for AED 1,225,000 (AED 1,687 per sqft).
  • Rented since March 2016 on 9 Ejari contracts. The rent fell from AED 95,000 to AED 53,000 in 2021 and recovered to AED 83,000 by March 2024.
  • At AED 83,000 a year the gross yield on the 2025 price is 6.8%, before a service charge of about AED 16,400 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 19 March 2025.

Questions about 214, Al Alka 1

What did unit 214 last sell for?

AED 1,225,000 on 19 March 2025: AED 1,687 per sqft for 726 sqft. The unit has 5 registered sales; the first was AED 871,200 in June 2013.

What is the rent for unit 214?

AED 83,000 a year on the contract signed on 27 March 2024. The previous contract, from August 2022, was AED 58,300; the unit has been rented since March 2016.

How big is unit 214?

726 sqft (67.4 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower.

What is unit 214 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 214, Al Alka 1

Starts from the last sale price (AED 1.23M, 19 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

Plus AED 56,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →