316, Al Alka 1
Sold prices and rental history: sold twice, last in August 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Al Alka 1
What is 316 worth today?
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Source: Dubai Land Department. Updated 13 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 729 sqft
- Floor
- 3rd of 7
- Parking
- B-63
- Service charge
- AED 16,500 /yr
- Last sold
- AED 723K · August 2018
- Building
- Al Alka 1
About 316, Al Alka 1
316 is a one-bedroom apartment of 729 sqft on the 3rd floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 15 August 2018 for AED 723,220, or AED 991 per sqft, in line with the AED 999 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 13 May 2025, is AED 66,412 a year: a gross yield of 9.2% on the 2018 price, before the service charge of about AED 16,500 a year.
Sales and rents for 316 over time
316 has sold twice; 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 316 sits
All 63 1-beds →316 last sold in August 2018 at AED 991 per sqft, in line with what one-beds in Al Alka 1 were fetching at the time (AED 999). 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. 316's AED 66,412 is at the bottom 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 | |
| 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 | |
| 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 |
316, Al Alka 1 in numbers
- Sold twice: first on 3 January 2013 for AED 874,800, last on 15 August 2018 for AED 723,220 (AED 991 per sqft).
- Rented since May 2018 on 5 Ejari contracts, from AED 70,000 to AED 66,412 a year.
- At AED 66,412 a year the gross yield on the 2018 price is 9.2%, before a service charge of about AED 16,500 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 13 May 2025.
Questions about 316, Al Alka 1
What did unit 316 last sell for?
AED 723,220 on 15 August 2018: AED 991 per sqft for 729 sqft. The unit has 2 registered sales; the first was AED 874,800 in January 2013.
What is the rent for unit 316?
AED 66,412 a year on the contract renewed on 13 May 2025. The previous contract, from May 2024, was AED 66,412; the unit has been rented since May 2018.
How big is unit 316?
729 sqft (67.7 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.
What is unit 316 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 316, Al Alka 1
Starts from the last sale price (AED 723K, 15 August 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 723,220
- Deposit, UAE resident (20%)
- AED 144,644
- Deposit, non-resident (40%)
- AED 289,288
- Monthly over 25 years at 3.7%
- AED 2,959
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →