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1-bed · 721 sqftAl Alka 1, The Greens · 3rd floor

309, Al Alka 1

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

Unit 309 · DLD and Ejari recordsUpdated 28 July 2025
Last soldAED 1.5M28 July 2025
Current rentAED 120K /yr22 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Al Alka 1

What is 309 worth today?

Last sold for AED 1,500,000 in 2025

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28 Jul 2025SoldReady
AED 1,500,000AED 2,080 per sqft
22 Jan 2025RentedNew contract
AED 120,000/yr12 months · AED 166 per sqft
19 Sep 2024SoldReady
AED 1,100,000AED 1,525 per sqft
6 Jan 2024RentedNew contract
AED 85,000/yr12 months · AED 118 per sqft
30 Dec 2022RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
25 Oct 2020RentedNew contract
AED 45,000/yr12 months · AED 62 per sqft
1 Mar 2020RentedNew contract
AED 59,000/yr12 months · AED 82 per sqft
28 Aug 2019RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 28 July 2025.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
3rd of 7
Parking
B-256
Service charge
AED 16,300 /yr
Last sold
AED 1.5M · July 2025
Building
Al Alka 1

About 309, Al Alka 1

309 is a one-bedroom apartment of 721 sqft on the 3rd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 28 July 2025 for AED 1,500,000, or AED 2,080 per sqft, 29% above the AED 1,618 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 22 January 2025, is AED 120,000 a year: a gross yield of 8.0% on the 2025 price, before the service charge of about AED 16,300 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Al Alka 1
500K1M1.5M2012201620202024Typical 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, October 2012: AED 414,575 (AED 574 per sqft)Sold, September 2024: AED 1,100,000 (AED 1,525 per sqft)Sold, July 2025: AED 1,500,000 (AED 2,080 per sqft)

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

Rents
Unit 309, 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, June 2018: AED 73,000 a yearNew contract, August 2019: AED 60,000 a yearNew contract, March 2020: AED 59,000 a yearNew contract, October 2020: AED 45,000 a yearNew contract, December 2022: AED 70,000 a yearNew contract, January 2024: AED 85,000 a yearNew contract, January 2025: AED 120,000 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 309 sits

All 63 1-beds →

309 last sold in July 2025 at AED 2,080 per sqft, 29% 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. 309's AED 120,000 is in the upper 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 3rd floor

All 118 units in Al Alka 1
Value
3011-bedAED 1.2M · Jun 2025
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
1–7 of 20

309, Al Alka 1 in numbers

  • Sold 3 times: first on 16 October 2012 for AED 414,575, last on 28 July 2025 for AED 1,500,000 (AED 2,080 per sqft).
  • Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 73,000 to AED 45,000 in 2020 and recovered to AED 120,000 by January 2025.
  • At AED 120,000 a year the gross yield on the 2025 price is 8.0%, 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 28 July 2025.

Questions about 309, Al Alka 1

What did unit 309 last sell for?

AED 1,500,000 on 28 July 2025: AED 2,080 per sqft for 721 sqft. The unit has 3 registered sales; the first was AED 414,575 in October 2012.

What is the rent for unit 309?

AED 120,000 a year on the contract signed on 22 January 2025. The previous contract, from January 2024, was AED 85,000; the unit has been rented since June 2018.

How big is unit 309?

721 sqft (67.0 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 309 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 309, Al Alka 1

Starts from the last sale price (AED 1.5M, 28 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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