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1-bed · 791 sqftAl Alka 1, The Greens · 3rd floor

301, Al Alka 1

Sold prices and rental history: sold 3 times, last in June 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 12 June 2025
Last soldAED 1.2M12 June 2025
Current rentAED 55K /yr14 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301, Al Alka 1

What is 301 worth today?

Last sold for AED 1,200,000 in 2025

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12 Jun 2025SoldReady
AED 1,200,000AED 1,517 per sqft
14 Oct 2024RentedRenewal
AED 55,440/yr5 months · AED 71 per sqft
14 Oct 2023RentedRenewal
AED 55,440/yr12 months · AED 71 per sqft
14 Oct 2022RentedRenewal
AED 50,400/yr12 months · AED 64 per sqft
14 Sep 2020RentedRenewal
AED 50,000/yr12 months · AED 64 per sqft
14 Sep 2019RentedRenewal
AED 60,000/yr12 months · AED 76 per sqft
14 Sep 2018RentedNew contract
AED 72,000/yr12 months · AED 92 per sqft
8 Jan 2014SoldReady
AED 1,280,000AED 1,618 per sqft

Source: Dubai Land Department. Updated 12 June 2025.

Key facts

Type
1-bed apartment
Size
791 sqft
Floor
3rd of 7
Parking
B-88
Service charge
AED 17,900 /yr
Last sold
AED 1.2M · June 2025
Building
Al Alka 1

About 301, Al Alka 1

301 is a one-bedroom apartment of 791 sqft on the 3rd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 12 June 2025 for AED 1,200,000, or AED 1,517 per sqft, 6% below the AED 1,618 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 14 October 2024, is AED 55,440 a year: a gross yield of 4.6% on the 2025 price, before the service charge of about AED 17,900 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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 909,650 (AED 1,150 per sqft)Sold, January 2014: AED 1,280,000 (AED 1,618 per sqft)Sold, June 2025: AED 1,200,000 (AED 1,517 per sqft)

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

Rents
Unit 301, 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, September 2018: AED 72,000 a yearRenewal, September 2019: AED 60,000 a yearRenewal, September 2020: AED 50,000 a yearRenewal, October 2022: AED 50,400 a yearRenewal, October 2023: AED 55,440 a yearRenewal, October 2024: AED 55,440 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 301 sits

All 63 1-beds →

301 last sold in June 2025 at AED 1,517 per sqft, 6% below what one-beds in Al Alka 1 were fetching at the time (AED 1,618). 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. 301's AED 55,440 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 3rd floor

All 118 units in Al Alka 1
Value
3021-bedAED 1.3M · Dec 2025
3031-bedAED 1.05M · Aug 2013
3041-bedAED 1.06M · Jun 2013
3052-bedAED 1.4M · Aug 2022
3061-bedAED 1.6M · Jun 2025
3071-bedAED 1.15M · Sep 2014
3081-bedAED 828K · Sep 2012
1–7 of 20

301, Al Alka 1 in numbers

  • Sold 3 times: first on 28 November 2012 for AED 909,650, last on 12 June 2025 for AED 1,200,000 (AED 1,517 per sqft).
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 72,000 to AED 50,000 in 2020 and recovered to AED 55,440 by October 2024.
  • At AED 55,440 a year the gross yield on the 2025 price is 4.6%, 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 12 June 2025.

Questions about 301, Al Alka 1

What did unit 301 last sell for?

AED 1,200,000 on 12 June 2025: AED 1,517 per sqft for 791 sqft. The unit has 3 registered sales; the first was AED 909,650 in November 2012.

What is the rent for unit 301?

AED 55,440 a year on the contract renewed on 14 October 2024. The previous contract, from October 2023, was AED 55,440; the unit has been rented since September 2018.

How big is unit 301?

791 sqft (73.5 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 301 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 301, Al Alka 1

Starts from the last sale price (AED 1.2M, 12 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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