111, Al Alka 3
Sold prices and rental history: sold 3 times, last in March 2025, 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 111, Al Alka 3
What is 111 worth today?
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Source: Dubai Land Department. Updated 4 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,093 sqft
- Floor
- 1st of 41
- Parking
- B-193
- Service charge
- AED 24,700 /yr
- Last sold
- AED 1.65M · March 2025
- Building
- Al Alka 3
About 111, Al Alka 3
111 is a two-bedroom apartment of 1,093 sqft on the 1st floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 4 March 2025 for AED 1,650,000, or AED 1,509 per sqft, 7% above the AED 1,414 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 24 January 2025, is AED 115,500 a year: a gross yield of 7.0% on the 2025 price, before the service charge of about AED 24,700 a year.
Sales and rents for 111 over time
111 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 111 sits
All 32 2-beds →111 last sold in March 2025 at AED 1,509 per sqft, 7% above what two-beds in Al Alka 3 were fetching at the time (AED 1,414). 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. 111's AED 115,500 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 1,441 sqft | 2,600,000 | 1,804 | ||
| 17 Jun 202517 June 2025 | 1,313 sqft | 2,150,000 | 1,637 | ||
| 4 Jun 20254 June 2025 | 1,135 sqft | 2,200,000 | 1,938 | ||
| 19 May 202519 May 2025 | 1,292 sqft | 2,060,000 | 1,594 |
Al Alka 3
Building117 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%
Other units on the 1st floor
All 117 units in Al Alka 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 820 sqft | AED 550KAED 550,000 · Nov 2010November 2010 | 80,000 /yr | |
| 102 | 1-bed | 816 sqft | AED 1.15MAED 1,150,000 · Jul 2015July 2015 | 90,000 /yr | |
| 103 | 1-bed | 816 sqft | AED 665KAED 665,000 · May 2012May 2012 | 80,000 /yr | |
| 104 | 1-bed | 816 sqft | AED 820KAED 820,000 · Feb 2023February 2023 | 59,675 /yr | |
| 105 | 2-bed | 1,441 sqft | AED 1.2MAED 1,200,000 · May 2021May 2021 | 85,000 /yr | |
| 106 | 1-bed | 765 sqft | AED 850KAED 850,000 · Mar 2023March 2023 | 78,111 /yr | |
| 107 | 1-bed | 758 sqft | AED 610KAED 610,000 · Jan 2021January 2021 | 80,000 /yr | |
| 108 | 1-bed | 758 sqft | AED 700KAED 700,000 · Jun 2021June 2021 | 77,000 /yr | |
| 109 | 1-bed | 758 sqft | AED 1.07MAED 1,070,000 · Jan 2024January 2024 | 80,000 /yr | |
| 110 | 1-bed | 758 sqft | AED 990KAED 990,000 · Jul 2023July 2023 | 90,000 /yr | |
| 114 | 1-bed | 777 sqft | AED 1.25MAED 1,250,000 · Mar 2024March 2024 | 115,000 /yr | |
| 115 | 1-bed | 755 sqft | AED 1.5MAED 1,500,000 · Dec 2008December 2008 | 80,000 /yr | |
| 116 | 1-bed | 755 sqft | AED 1MAED 1,000,000 · Jul 2016July 2016 | 80,000 /yr | |
| 117 | 2-bed | 1,519 sqft | AED 815KAED 815,000 · Oct 2015October 2015 | 109,000 /yr | |
| 118 | 2-bed | 1,292 sqft | AED 1.6MAED 1,600,000 · Apr 2024April 2024 | 100,000 /yr | |
| 119 | 2-bed | 1,313 sqft | AED 1.63MAED 1,625,000 · Jul 2017July 2017 | 137,000 /yr |
111, Al Alka 3 in numbers
- Sold 3 times: first on 2 November 2011 for AED 1,450,000, last on 4 March 2025 for AED 1,650,000 (AED 1,509 per sqft).
- Rented since December 2015 on 6 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2020 and recovered to AED 115,500 by January 2025.
- At AED 115,500 a year the gross yield on the 2025 price is 7.0%, before a service charge of about AED 24,700 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 4 March 2025.
Questions about 111, Al Alka 3
What did unit 111 last sell for?
AED 1,650,000 on 4 March 2025: AED 1,509 per sqft for 1,093 sqft. The unit has 3 registered sales; the first was AED 1,450,000 in November 2011.
What is the rent for unit 111?
AED 115,500 a year on the contract renewed on 24 January 2025. The previous contract, from January 2024, was AED 110,000; the unit has been rented since December 2015.
How big is unit 111?
1,093 sqft (101.5 sqm): a two-bedroom apartment on the 1st floor of a 41-storey tower.
What is unit 111 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 111, Al Alka 3
Starts from the last sale price (AED 1.65M, 4 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →