1-bed · 820 sqftAl Alka 3, The Greens · 1st floor

101, Al Alka 3

Sold prices and rental history: sold twice, last in November 2010, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 550K9 November 2010
Current rentAED 80K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Al Alka 3

What is 101 worth today?

Last sold for AED 550,000 in 2010

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1 Feb 2025RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
1 Mar 2017RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
1 Jan 2016RentedRenewal
AED 82,000/yr12 months · AED 100 per sqft
9 Nov 2010SoldReady
AED 550,000AED 670 per sqft
27 Oct 2008Sold by developerReady
AED 912,888AED 1,112 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed apartment
Size
820 sqft
Floor
1st of 41
Parking
B-161
Service charge
AED 18,600 /yr
Last sold
AED 550K · November 2010
Building
Al Alka 3

About 101, Al Alka 3

101 is a one-bedroom apartment of 820 sqft on the 1st floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 9 November 2010 for AED 550,000, or AED 670 per sqft, in line with the AED 662 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 February 2025, is AED 80,000 a year: a gross yield of 14.5% on the 2010 price, before the service charge of about AED 18,600 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical one-bed in Al Alka 3
500K1M2008201320182023Typical sale price by year: 2008 AED 953,000; 2009 AED 982,888; 2010 AED 540,000; 2011 AED 550,000; 2012 AED 650,000; 2013 AED 997,500; 2014 AED 1,140,000; 2015 AED 1,060,000; 2016 AED 1,010,000; 2017 AED 1,045,000; 2020 AED 577,500; 2021 AED 640,000; 2022 AED 635,000; 2023 AED 850,000; 2024 AED 1,222,500; 2025 AED 1,205,000Sold by developer, October 2008: AED 912,888 (AED 1,112 per sqft)Sold, November 2010: AED 550,000 (AED 670 per sqft)

101 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 101, each contractTypical one-bed in Al Alka 3
40K60K80K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 66,000; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 82,000; 2017 AED 80,000; 2018 AED 69,000; 2019 AED 56,000; 2020 AED 50,000; 2021 AED 47,000; 2022 AED 54,000; 2023 AED 63,250; 2024 AED 78,000; 2025 AED 80,000; 2026 AED 87,500Renewal, January 2016: AED 82,000 a yearNew contract, March 2017: AED 80,000 a yearNew contract, February 2025: AED 80,000 a year

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 3, and where 101 sits

All 63 1-beds →

101 last sold in November 2010 at AED 670 per sqft, in line with what one-beds in Al Alka 3 were fetching at the time (AED 662). Over the last 12 months one-beds sold for AED 1,250,000 to 1,575,000, around AED 1,919 per sqft, and rent for AED 77,000 to 120,000 a year. 101's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 20261,575,000
26 Dec 20251,550,000
19 Jun 20251,175,000
23 Apr 20251,235,000
3 1-bed sales in the last 12 months

Al Alka 3

Building

117 apartments, studios to 2-bed over 41 floors in The Greens. 4 sold in the last 12 months.

Typical price per sqft
AED 1,862
Typical sale
AED 1.56M
Typical rent
AED 83K /yr
Typical yield
5.9%
Al Alka 3, The Greens: prices, sales and rents →

Other units on the 1st floor

All 117 units in Al Alka 3
Value
1021-bedAED 1.15M · Jul 2015
1031-bedAED 665K · May 2012
1041-bedAED 820K · Feb 2023
1052-bedAED 1.2M · May 2021
1061-bedAED 850K · Mar 2023
1071-bedAED 610K · Jan 2021
1081-bedAED 700K · Jun 2021
1–7 of 16

101, Al Alka 3 in numbers

  • Sold twice: first on 27 October 2008 for AED 912,888, last on 9 November 2010 for AED 550,000 (AED 670 per sqft).
  • Rented since January 2016 on 3 Ejari contracts, from AED 82,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2010 price is 14.5%, before a service charge of about AED 18,600 a year (AED 22.63 per sqft).
  • One-beds in Al Alka 3 sold for AED 1,250,000–1,575,000 in the 12 months to November 2026; the building's median across all types is AED 1,862 per sqft.

Source: Dubai Land Department. Updated 1 February 2025.

Questions about 101, Al Alka 3

What did unit 101 last sell for?

AED 550,000 on 9 November 2010: AED 670 per sqft for 820 sqft. The unit has 2 registered sales; the first was AED 912,888 in October 2008.

What is the rent for unit 101?

AED 80,000 a year on the contract signed on 1 February 2025. The previous contract, from March 2017, was AED 80,000; the unit has been rented since January 2016.

How big is unit 101?

820 sqft (76.2 sqm): a one-bedroom apartment on the 1st floor of a 41-storey tower.

What is unit 101 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 3 sold for AED 1,250,000 to 1,575,000 in the last 12 months, around AED 1,919 per sqft.

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Mortgage on 101, Al Alka 3

Starts from the last sale price (AED 550K, 9 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →