306, Al Alka 1
Sold prices and rental history: sold 5 times, last in June 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Al Alka 1
What is 306 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 723 sqft
- Floor
- 3rd of 7
- Parking
- B-99
- Service charge
- AED 16,400 /yr
- Last sold
- AED 1.6M · June 2025
- Building
- Al Alka 1
About 306, Al Alka 1
306 is a one-bedroom apartment of 723 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 1,600,000, or AED 2,212 per sqft, 37% above the AED 1,618 one-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 August 2025, is AED 110,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 16,400 a year.
Sales and rents for 306 over time
306 has sold 5 times; the dashed line is the one-bed median of each year in the building.
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 306 sits
All 63 1-beds →306 last sold in June 2025 at AED 2,212 per sqft, 37% above 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. 306's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jan 202616 January 2026 | 726 sqft | 1,365,000 | 1,880 | ||
| 9 Jan 20269 January 2026 | 723 sqft | 1,320,000 | 1,824 | ||
| 23 Dec 202523 December 2025 | 789 sqft | 1,300,000 | 1,646 | ||
| 19 Dec 202519 December 2025 | 1,061 sqft | 1,400,000 | 1,319 |
Al Alka 1
Building118 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%
Other units on the 3rd floor
All 118 units in Al Alka 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 791 sqft | AED 1.2MAED 1,200,000 · Jun 2025June 2025 | 55,440 /yr | |
| 302 | 1-bed | 789 sqft | AED 1.3MAED 1,300,000 · Dec 2025December 2025 | 90,000 /yr | |
| 303 | 1-bed | 788 sqft | AED 1.05MAED 1,050,000 · Aug 2013August 2013 | 82,500 /yr | |
| 304 | 1-bed | 788 sqft | AED 1.06MAED 1,060,000 · Jun 2013June 2013 | 90,000 /yr | |
| 305 | 2-bed | 1,389 sqft | AED 1.4MAED 1,400,000 · Aug 2022August 2022 | 85,000 /yr | |
| 307 | 1-bed | 720 sqft | AED 1.15MAED 1,150,000 · Sep 2014September 2014 | ||
| 308 | 1-bed | 720 sqft | AED 828KAED 828,000 · Sep 2012September 2012 | 55,000 /yr | |
| 309 | 1-bed | 721 sqft | AED 1.5MAED 1,500,000 · Jul 2025July 2025 | 120,000 /yr | |
| 310 | 1-bed | 720 sqft | AED 1.39MAED 1,390,000 · Feb 2025February 2025 | 56,000 /yr | |
| 311 | 2-bed | 1,015 sqft | AED 1.17MAED 1,167,250 · Sep 2012September 2012 | 99,188 /yr | |
| 314 | 1-bed | 726 sqft | AED 1.37MAED 1,365,000 · Jan 2026January 2026 | ||
| 315 | 1-bed | 724 sqft | AED 869KAED 868,800 · Nov 2012November 2012 | 73,000 /yr | |
| 316 | 1-bed | 729 sqft | AED 723KAED 723,220 · Aug 2018August 2018 | 66,412 /yr | |
| 317 | 2-bed | 1,116 sqft | AED 1.83MAED 1,830,000 · Jan 2026January 2026 | 110,000 /yr | |
| 318 | 2-bed | 1,249 sqft | AED 1.19MAED 1,190,000 · Jul 2021July 2021 | 110,000 /yr | |
| 319 | 2-bed | 1,278 sqft | AED 1.2MAED 1,200,000 · Jun 2021June 2021 | 80,000 /yr | |
| 312A | Studio | 444 sqft | AED 580KAED 580,000 · Oct 2012October 2012 | 64,000 /yr | |
| 312B | Studio | 438 sqft | AED 865KAED 865,000 · Apr 2025April 2025 | 62,000 /yr | |
| 313A | Studio | 438 sqft | AED 438KAED 437,500 · Mar 2017March 2017 | 46,200 /yr | |
| 313B | Studio | 448 sqft | AED 515KAED 515,200 · Sep 2012September 2012 | 36,000 /yr |
306, Al Alka 1 in numbers
- Sold 5 times: first on 9 September 2012 for AED 831,450, last on 12 June 2025 for AED 1,600,000 (AED 2,212 per sqft).
- Rented since November 2020 on 2 Ejari contracts, from AED 40,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2025 price is 6.9%, 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 1 August 2025.
Questions about 306, Al Alka 1
What did unit 306 last sell for?
AED 1,600,000 on 12 June 2025: AED 2,212 per sqft for 723 sqft. The unit has 5 registered sales; the first was AED 831,450 in September 2012.
What is the rent for unit 306?
AED 110,000 a year on the contract signed on 1 August 2025. The previous contract, from November 2020, was AED 40,000.
How big is unit 306?
723 sqft (67.2 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.
What is unit 306 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 306, Al Alka 1
Starts from the last sale price (AED 1.6M, 12 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →