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Studio · 448 sqftAl Alka 1, The Greens · 3rd floor

313B, Al Alka 1

Sold prices and rental history: sold once, by the developer in September 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313B · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 515K13 September 2012
Current rentAED 36K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 313B, Al Alka 1

What is 313B worth today?

Last sold for AED 515,200 in 2012

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1 Nov 2020RentedNew contract
AED 36,000/yr12 months · AED 80 per sqft
3 Dec 2019RentedRenewal
AED 43,000/yr12 months · AED 95 per sqft
3 Dec 2018RentedNew contract
AED 54,000/yr12 months · AED 119 per sqft
3 Dec 2017RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
1 Nov 2016RentedNew contract
AED 70,000/yr12 months · AED 155 per sqft
13 Sep 2012Sold by developerReady
AED 515,200AED 1,151 per sqft

Source: Dubai Land Department. Updated 1 November 2020.

Key facts

Type
Studio apartment
Size
448 sqft
Floor
3rd of 7
Parking
B-235
Service charge
AED 10,100 /yr
Last sold
AED 515K · September 2012
Building
Al Alka 1

About 313B, Al Alka 1

313B is a studio of 448 sqft on the 3rd floor of Al Alka 1, a 7-storey tower in The Greens. The developer sold it on 13 September 2012 for AED 515,200, or AED 1,151 per sqft, in line with the AED 1,150 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 November 2020, is AED 36,000 a year: a gross yield of 7.0% on the 2012 price, before the service charge of about AED 10,100 a year.

Sales and rents for 313B over time

Sales
Unit 313B, each saleTypical studio in Al Alka 1
600K800K201220142016Typical sale price by year: 2012 AED 523,520; 2013 AED 655,000; 2015 AED 780,000; 2016 AED 725,000Sold by developer, September 2012: AED 515,200 (AED 1,151 per sqft)

313B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 313B, each contractTypical studio in Al Alka 1
40K60K80K2015201820212024Typical rent by year: 2015 AED 74,000; 2016 AED 70,000; 2017 AED 60,000; 2018 AED 51,000; 2019 AED 45,000; 2020 AED 36,000; 2021 AED 36,500; 2022 AED 44,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 64,000New contract, November 2016: AED 70,000 a yearNew contract, December 2017: AED 60,000 a yearNew contract, December 2018: AED 54,000 a yearRenewal, December 2019: AED 43,000 a yearNew contract, November 2020: AED 36,000 a year

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 313B sits

All 20 studios →

313B last sold in September 2012 at AED 1,151 per sqft, in line with what studios in Al Alka 1 were fetching at the time (AED 1,150). 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 salesUnit no.Price (AED)Summary
12 Feb 2026885,000
30 Apr 2025865,000
15 Jan 2024510,000
3 May 2018665,000
1 studio sale 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

313B, Al Alka 1 in numbers

  • Sold once: by the developer on 13 September 2012 for AED 515,200, or AED 1,151 per sqft.
  • Rented since November 2016 on 5 Ejari contracts, from AED 70,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2012 price is 7.0%, before a service charge of about AED 10,100 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 1 November 2020.

Questions about 313B, Al Alka 1

What did unit 313B last sell for?

AED 515,200 on 13 September 2012, sold by the developer: AED 1,151 per sqft for 448 sqft. It is the only registered sale of the unit.

What is the rent for unit 313B?

AED 36,000 a year on the contract signed on 1 November 2020. The previous contract, from December 2019, was AED 43,000; the unit has been rented since November 2016.

How big is unit 313B?

448 sqft (41.6 sqm): a studio on the 3rd floor of a 7-storey tower.

What is unit 313B 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 313B, Al Alka 1

Starts from the last sale price (AED 515K, 13 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 515,200
Deposit, UAE resident (20%)
AED 103,040
Deposit, non-resident (40%)
AED 206,080
Monthly over 25 years at 3.7%
AED 2,108

Plus AED 26,648 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →