113B, Al Alka 3
Sold prices and rental history: sold 3 times, last in July 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 113B, Al Alka 3
What is 113B worth today?
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Source: Dubai Land Department. Updated 9 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 11th of 41
- Parking
- B-114
- Service charge
- AED 9,800 /yr
- Last sold
- AED 505K · July 2012
- Building
- Al Alka 3
About 113B, Al Alka 3
113B is a studio of 433 sqft on the 11th floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 12 July 2012 for AED 505,000, or AED 1,167 per sqft, in line with the AED 1,146 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 9 March 2025, is AED 50,000 a year: a gross yield of 9.9% on the 2012 price, before the service charge of about AED 9,800 a year.
Sales and rents for 113B over time
113B 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 3, and where 113B sits
All 18 studios →113B last sold in July 2012 at AED 1,167 per sqft, in line with what studios in Al Alka 3 were fetching at the time (AED 1,146). 113B's AED 50,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202523 June 2025 | 496 sqft | 820,000 | 1,654 | ||
| 13 May 202513 May 2025 | 433 sqft | 935,000 | 2,161 | ||
| 16 Jan 202516 January 2025 | 460 sqft | 930,000 | 2,022 | ||
| 27 Dec 202427 December 2024 | 216 sqft | 250,000 | 1,156 |
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 11th floor
All 117 units in Al Alka 3113B, Al Alka 3 in numbers
- Sold 3 times: first on 1 June 2009 for AED 621,799, last on 12 July 2012 for AED 505,000 (AED 1,167 per sqft).
- Rented since June 2014 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 30,000 in 2021 and recovered to AED 50,000 by March 2025.
- At AED 50,000 a year the gross yield on the 2012 price is 9.9%, before a service charge of about AED 9,800 a year (AED 22.63 per sqft).
Source: Dubai Land Department. Updated 9 March 2025.
Questions about 113B, Al Alka 3
What did unit 113B last sell for?
AED 505,000 on 12 July 2012: AED 1,167 per sqft for 433 sqft. The unit has 3 registered sales; the first was AED 621,799 in June 2009.
What is the rent for unit 113B?
AED 50,000 a year on the contract renewed on 9 March 2025. The previous contract, from March 2024, was AED 50,000; the unit has been rented since June 2014.
How big is unit 113B?
433 sqft (40.2 sqm): a studio on the 11th floor of a 41-storey tower.
What is unit 113B worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 113B, Al Alka 3
Starts from the last sale price (AED 505K, 12 July 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 505,000
- Deposit, UAE resident (20%)
- AED 101,000
- Deposit, non-resident (40%)
- AED 202,000
- Monthly over 25 years at 3.7%
- AED 2,066
Plus AED 26,220 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →