Studio · 448 sqftAl Alka 1, The Greens · 4th floor

413B, Al Alka 1

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

Unit 413B · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 580K22 October 2012
Current rentAED 66K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413B, Al Alka 1

What is 413B worth today?

Last sold for AED 580,000 in 2012

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1 Nov 2025RentedRenewal
AED 66,000/yr6 months · AED 146 per sqft
4 Feb 2025RentedRenewal
AED 60,652/yr9 months · AED 134 per sqft
4 Feb 2024RentedRenewal
AED 60,000/yr12 months · AED 133 per sqft
4 Feb 2024RentedRenewal
AED 60,000/yr12 months · AED 136 per sqft
4 Feb 2023RentedNew contract
AED 55,000/yr12 months · AED 122 per sqft
1 Feb 2022RentedNew contract
AED 41,000/yr12 months · AED 91 per sqft
5 Feb 2021RentedRenewal
AED 35,000/yr12 months · AED 77 per sqft
5 Feb 2020RentedNew contract
AED 45,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
448 sqft
Floor
4th of 7
Parking
B-231
Service charge
AED 10,100 /yr
Last sold
AED 580K · October 2012
Building
Al Alka 1

About 413B, Al Alka 1

413B is a studio of 448 sqft on the 4th 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 1,295 per sqft, 13% above the AED 1,151 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 66,000 a year: a gross yield of 11.4% on the 2012 price, before the service charge of about AED 10,100 a year.

Sales and rents for 413B over time

Sales
Unit 413B, 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)Sold, October 2012: AED 580,000 (AED 1,295 per sqft)

413B has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 413B, 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, October 2016: AED 70,000 a yearNew contract, November 2017: AED 60,000 a yearRenewal, November 2018: AED 60,000 a yearNew contract, February 2019: AED 50,000 a yearNew contract, February 2020: AED 45,000 a yearRenewal, February 2021: AED 35,000 a yearNew contract, February 2022: AED 41,000 a yearNew contract, February 2023: AED 55,000 a yearRenewal, February 2024: AED 60,000 a yearRenewal, February 2024: AED 60,000 a yearRenewal, February 2025: AED 60,652 a yearRenewal, November 2025: AED 66,000 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 413B sits

All 20 studios →

413B last sold in October 2012 at AED 1,295 per sqft, 13% 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 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 4th floor

All 118 units in Al Alka 1
Value
4011-bedAED 910K · Sep 2012
4021-bedAED 1M · Aug 2016
4031-bedAED 1.15M · Mar 2017
4041-bedAED 710K · Apr 2021
4052-bedAED 1M · Jun 2018
4061-bedAED 725K · Apr 2019
4071-bedAED 970K · Sep 2023
1–7 of 20

413B, Al Alka 1 in numbers

  • Sold twice: first on 3 September 2012 for AED 515,200, last on 22 October 2012 for AED 580,000 (AED 1,295 per sqft).
  • Rented since October 2016 on 12 Ejari contracts. The rent fell from AED 70,000 to AED 35,000 in 2021 and recovered to AED 66,000 by November 2025.
  • At AED 66,000 a year the gross yield on the 2012 price is 11.4%, 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 2025.

Questions about 413B, Al Alka 1

What did unit 413B last sell for?

AED 580,000 on 22 October 2012: AED 1,295 per sqft for 448 sqft. The unit has 2 registered sales; the first was AED 515,200 in September 2012.

What is the rent for unit 413B?

AED 66,000 a year on the contract renewed on 1 November 2025. The previous contract, from February 2025, was AED 60,652; the unit has been rented since October 2016.

How big is unit 413B?

448 sqft (41.6 sqm): a studio on the 4th floor of a 7-storey tower.

What is unit 413B 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 413B, 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →