412B, Al Alka 1
Sold prices and rental history: sold 3 times, last in October 2016, 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 412B, Al Alka 1
What is 412B worth today?
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Source: Dubai Land Department. Updated 22 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 438 sqft
- Floor
- 4th of 7
- Parking
- B-233
- Service charge
- AED 9,900 /yr
- Last sold
- AED 750K · October 2016
- Building
- Al Alka 1
About 412B, Al Alka 1
412B is a studio of 438 sqft on the 4th floor of Al Alka 1, a 7-storey tower in The Greens. It last sold on 30 October 2016 for AED 750,000, or AED 1,714 per sqft.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 22 January 2025, is AED 67,000 a year: a gross yield of 8.9% on the 2016 price, before the service charge of about AED 9,900 a year.
Sales and rents for 412B over time
412B has sold 3 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 412B 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 | ||
| 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 4th floor
All 118 units in Al Alka 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 791 sqft | AED 910KAED 909,650 · Sep 2012September 2012 | 80,000 /yr | |
| 402 | 1-bed | 789 sqft | AED 1MAED 1,000,000 · Aug 2016August 2016 | 68,770 /yr | |
| 403 | 1-bed | 788 sqft | AED 1.15MAED 1,150,000 · Mar 2017March 2017 | ||
| 404 | 1-bed | 788 sqft | AED 710KAED 710,000 · Apr 2021April 2021 | 72,000 /yr | |
| 405 | 2-bed | 1,389 sqft | AED 1MAED 1,000,000 · Jun 2018June 2018 | 70,000 /yr | |
| 406 | 1-bed | 723 sqft | AED 725KAED 725,000 · Apr 2019April 2019 | 73,920 /yr | |
| 407 | 1-bed | 720 sqft | AED 970KAED 970,000 · Sep 2023September 2023 | 82,000 /yr | |
| 408 | 1-bed | 720 sqft | AED 750KAED 750,000 · May 2019May 2019 | 69,000 /yr | |
| 409 | 1-bed | 721 sqft | AED 1.43MAED 1,425,000 · Jan 2025January 2025 | 120,000 /yr | |
| 410 | 1-bed | 720 sqft | AED 828KAED 828,000 · Sep 2012September 2012 | 80,000 /yr | |
| 411 | 2-bed | 1,015 sqft | AED 1.06MAED 1,060,000 · Nov 2021November 2021 | 150,000 /yr | |
| 414 | 1-bed | 726 sqft | AED 1.35MAED 1,350,000 · Mar 2025March 2025 | 85,000 /yr | |
| 415 | 1-bed | 724 sqft | AED 660KAED 660,000 · May 2021May 2021 | 45,000 /yr | |
| 416 | 729 sqft | AED 1.12MAED 1,120,000 · Oct 2025October 2025 | 80,000 /yr | ||
| 417 | 2-bed | 1,116 sqft | AED 1.31MAED 1,310,000 · Jan 2018January 2018 | 145,000 /yr | |
| 418 | 2-bed | 1,249 sqft | AED 1.16MAED 1,160,000 · Jun 2021June 2021 | 82,000 /yr | |
| 419 | 2-bed | 1,278 sqft | AED 1.47MAED 1,469,700 · Oct 2012October 2012 | 138,500 /yr | |
| 412A | Studio | 444 sqft | AED 575KAED 575,000 · Oct 2012October 2012 | 60,000 /yr | |
| 413A | Studio | 438 sqft | AED 800KAED 800,000 · Jun 2015June 2015 | 58,000 /yr | |
| 413B | Studio | 448 sqft | AED 580KAED 580,000 · Oct 2012October 2012 | 66,000 /yr |
412B, Al Alka 1 in numbers
- Sold 3 times: first on 9 August 2012 for AED 503,700, last on 30 October 2016 for AED 750,000 (AED 1,714 per sqft).
- Rented since December 2015 on 9 Ejari contracts. The rent fell from AED 74,000 to AED 33,000 in 2020 and recovered to AED 67,000 by January 2025.
- At AED 67,000 a year the gross yield on the 2016 price is 8.9%, 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 22 January 2025.
Questions about 412B, Al Alka 1
What did unit 412B last sell for?
AED 750,000 on 30 October 2016: AED 1,714 per sqft for 438 sqft. The unit has 3 registered sales; the first was AED 503,700 in August 2012.
What is the rent for unit 412B?
AED 67,000 a year on the contract signed on 22 January 2025. The previous contract, from January 2024, was AED 65,000; the unit has been rented since December 2015.
How big is unit 412B?
438 sqft (40.7 sqm): a studio on the 4th floor of a 7-storey tower.
What is unit 412B 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 412B, Al Alka 1
Starts from the last sale price (AED 750K, 30 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →