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2-bed · 1,441 sqftAl Alka 3, The Greens · 1st floor

105, Al Alka 3

Sold prices and rental history: sold 3 times, last in May 2021, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 105 · DLD and Ejari recordsUpdated 10 May 2021
Last soldAED 1.2M10 May 2021
Current rentAED 85K /yr30 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 105, Al Alka 3

What is 105 worth today?

Last sold for AED 1,200,000 in 2021

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10 May 2021SoldReady
AED 1,200,000AED 832 per sqft
30 Jul 2020RentedRenewal
AED 85,000/yr12 months · AED 59 per sqft
30 Jul 2019RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
23 Sep 2013SoldReady
AED 2,000,000AED 1,387 per sqft
24 Apr 2012RentedNew contract
AED 90,000/yr12 months · AED 62 per sqft
6 Dec 2010Sold by developerReady
AED 1,441,537AED 1,000 per sqft

Source: Dubai Land Department. Updated 10 May 2021.

Key facts

Type
2-bed apartment
Size
1,441 sqft
Floor
1st of 41
Parking
B-220
Service charge
AED 32,600 /yr
Last sold
AED 1.2M · May 2021
Building
Al Alka 3

About 105, Al Alka 3

105 is a two-bedroom apartment of 1,441 sqft on the 1st floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 10 May 2021 for AED 1,200,000, or AED 832 per sqft.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 30 July 2020, is AED 85,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 32,600 a year.

Sales and rents for 105 over time

Sales
Unit 105, each saleTypical two-bed in Al Alka 3
1M1.5M2M2008201320182023Typical sale price by year: 2008 AED 1,489,444; 2009 AED 1,352,894; 2010 AED 1,051,944; 2011 AED 1,150,000; 2012 AED 1,275,000; 2013 AED 1,540,000; 2014 AED 1,175,000; 2015 AED 1,400,000; 2017 AED 1,625,000; 2021 AED 1,300,000; 2022 AED 1,457,500; 2023 AED 1,575,000; 2024 AED 1,600,000; 2025 AED 2,060,000Sold by developer, December 2010: AED 1,441,537 (AED 1,000 per sqft)Sold, September 2013: AED 2,000,000 (AED 1,387 per sqft)Sold, May 2021: AED 1,200,000 (AED 832 per sqft)

105 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 105, each contractTypical two-bed in Al Alka 3
75K100K125K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 110,000; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 127,500; 2017 AED 115,000; 2018 AED 114,814; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 87,125; 2023 AED 95,000; 2024 AED 110,000; 2025 AED 125,000New contract, April 2012: AED 90,000 a yearNew contract, July 2019: AED 100,000 a yearRenewal, July 2020: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Alka 3, and where 105 sits

All 32 2-beds →

Over the last 12 months two-beds sold for AED 2,600,000, around AED 1,804 per sqft, and rent for AED 125,000 to 132,000 a year. 105's AED 85,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Feb 20262,600,000
17 Jun 20252,150,000
4 Jun 20252,200,000
19 May 20252,060,000
1 2-bed sale 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
1011-bedAED 550K · Nov 2010
1021-bedAED 1.15M · Jul 2015
1031-bedAED 665K · May 2012
1041-bedAED 820K · Feb 2023
1061-bedAED 850K · Mar 2023
1071-bedAED 610K · Jan 2021
1081-bedAED 700K · Jun 2021
1–7 of 16

105, Al Alka 3 in numbers

  • Sold 3 times: first on 6 December 2010 for AED 1,441,537, last on 10 May 2021 for AED 1,200,000 (AED 832 per sqft).
  • Rented since April 2012 on 3 Ejari contracts, from AED 90,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 32,600 a year (AED 22.63 per sqft).
  • Two-beds in Al Alka 3 sold for AED 2,600,000–2,600,000 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 10 May 2021.

Questions about 105, Al Alka 3

What did unit 105 last sell for?

AED 1,200,000 on 10 May 2021: AED 832 per sqft for 1,441 sqft. The unit has 3 registered sales; the first was AED 1,441,537 in December 2010.

What is the rent for unit 105?

AED 85,000 a year on the contract renewed on 30 July 2020. The previous contract, from July 2019, was AED 100,000; the unit has been rented since April 2012.

How big is unit 105?

1,441 sqft (133.9 sqm): a two-bedroom apartment on the 1st floor of a 41-storey tower.

What is unit 105 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Alka 3 sold for AED 2,600,000 to 2,600,000 in the last 12 months, around AED 1,804 per sqft.

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Mortgage on 105, Al Alka 3

Starts from the last sale price (AED 1.2M, 10 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →