312B, Al Alka 1
Sold prices and rental history: sold 5 times, last in April 2025, 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 312B, Al Alka 1
What is 312B worth today?
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Source: Dubai Land Department. Updated 30 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 438 sqft
- Floor
- 3rd of 7
- Parking
- B-237
- Service charge
- AED 9,900 /yr
- Last sold
- AED 865K · April 2025
- Building
- Al Alka 1
About 312B, Al Alka 1
312B is a studio of 438 sqft on the 3rd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 30 April 2025 for AED 865,000, or AED 1,976 per sqft.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 20 September 2024, is AED 62,000 a year: a gross yield of 7.2% on the 2025 price, before the service charge of about AED 9,900 a year.
Sales and rents for 312B over time
312B has sold 5 times; 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 312B sits
All 20 studios →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 | ||
| 15 Jan 202415 January 2024 | 444 sqft | 510,000 | 1,147 | ||
| 3 May 20183 May 2018 | 444 sqft | 665,000 | 1,498 | ||
| 5 Mar 20175 March 2017 | 438 sqft | 437,500 | 998 |
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 | |
| 312A | Studio | 444 sqft | AED 580KAED 580,000 · Oct 2012October 2012 | 64,000 /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 |
312B, Al Alka 1 in numbers
- Sold 5 times: first on 3 September 2012 for AED 503,700, last on 30 April 2025 for AED 865,000 (AED 1,976 per sqft).
- Rented since October 2015 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 35,000 in 2021 and recovered to AED 62,000 by September 2024.
- At AED 62,000 a year the gross yield on the 2025 price is 7.2%, before a service charge of about AED 9,900 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 30 April 2025.
Questions about 312B, Al Alka 1
What did unit 312B last sell for?
AED 865,000 on 30 April 2025: AED 1,976 per sqft for 438 sqft. The unit has 5 registered sales; the first was AED 503,700 in September 2012.
What is the rent for unit 312B?
AED 62,000 a year on the contract signed on 20 September 2024. The previous contract, from August 2023, was AED 57,000; the unit has been rented since October 2015.
How big is unit 312B?
438 sqft (40.7 sqm): a studio on the 3rd floor of a 7-storey tower.
What is unit 312B 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 312B, Al Alka 1
Starts from the last sale price (AED 865K, 30 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 865,000
- Deposit, UAE resident (20%)
- AED 173,000
- Deposit, non-resident (40%)
- AED 346,000
- Monthly over 25 years at 3.7%
- AED 3,539
Plus AED 41,340 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →