312A, Al Alka 1
Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 312A, Al Alka 1
What is 312A worth today?
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Source: Dubai Land Department. Updated 28 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 444 sqft
- Floor
- 3rd of 7
- Parking
- B-238
- Service charge
- AED 10,000 /yr
- Last sold
- AED 580K · October 2012
- Building
- Al Alka 1
About 312A, Al Alka 1
312A is a studio of 444 sqft on the 3rd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 22 October 2012 for AED 580,000, or AED 1,307 per sqft, 14% above the AED 1,151 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 28 April 2025, is AED 64,000 a year: a gross yield of 11.0% on the 2012 price, before the service charge of about AED 10,000 a year.
Sales and rents for 312A over time
312A has sold twice; the dashed line is the studio median of each year in the building.
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 312A sits
All 20 studios →312A last sold in October 2012 at AED 1,307 per sqft, 14% 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 444 sqft | 885,000 | 1,994 | ||
| 30 Apr 202530 April 2025 | 438 sqft | 865,000 | 1,976 | ||
| 15 Jan 202415 January 2024 | 444 sqft | 510,000 | 1,147 | ||
| 3 May 20183 May 2018 | 444 sqft | 665,000 | 1,498 |
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 | |
| 306 | 1-bed | 723 sqft | AED 1.6MAED 1,600,000 · Jun 2025June 2025 | 110,000 /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 | |
| 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 |
312A, Al Alka 1 in numbers
- Sold twice: first on 3 September 2012 for AED 510,600, last on 22 October 2012 for AED 580,000 (AED 1,307 per sqft).
- Rented since October 2015 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 41,000 in 2020 and recovered to AED 64,000 by April 2025.
- At AED 64,000 a year the gross yield on the 2012 price is 11.0%, before a service charge of about AED 10,000 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 28 April 2025.
Questions about 312A, Al Alka 1
What did unit 312A last sell for?
AED 580,000 on 22 October 2012: AED 1,307 per sqft for 444 sqft. The unit has 2 registered sales; the first was AED 510,600 in September 2012.
What is the rent for unit 312A?
AED 64,000 a year on the contract renewed on 28 April 2025. The previous contract, from April 2024, was AED 63,000; the unit has been rented since October 2015.
How big is unit 312A?
444 sqft (41.2 sqm): a studio on the 3rd floor of a 7-storey tower.
What is unit 312A 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 312A, Al Alka 1
Starts from the last sale price (AED 580K, 22 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 580,000
- Deposit, UAE resident (20%)
- AED 116,000
- Deposit, non-resident (40%)
- AED 232,000
- Monthly over 25 years at 3.7%
- AED 2,373
Plus AED 29,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →