116, Al Alka 3
Sold prices and rental history: sold 3 times, last in July 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Al Alka 3
What is 116 worth today?
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Source: Dubai Land Department. Updated 15 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 755 sqft
- Floor
- 1st of 41
- Parking
- B-130
- Service charge
- AED 17,100 /yr
- Last sold
- AED 1M · July 2016
- Building
- Al Alka 3
About 116, Al Alka 3
116 is a one-bedroom apartment of 755 sqft on the 1st floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 13 July 2016 for AED 1,000,000, or AED 1,324 per sqft, in line with the AED 1,324 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 December 2025, is AED 80,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 17,100 a year.
Sales and rents for 116 over time
116 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 116 sits
All 63 1-beds →116 last sold in July 2016 at AED 1,324 per sqft, in line with what one-beds in Al Alka 3 were fetching at the time (AED 1,324). 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. 116's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 820 sqft | 1,575,000 | 1,919 | ||
| 26 Dec 202526 December 2025 | 777 sqft | 1,550,000 | 1,995 | ||
| 19 Jun 202519 June 2025 | 758 sqft | 1,175,000 | 1,549 | ||
| 23 Apr 202523 April 2025 | 777 sqft | 1,235,000 | 1,590 |
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 | |
| 111 | 2-bed | 1,093 sqft | AED 1.65MAED 1,650,000 · Mar 2025March 2025 | 115,500 /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 | |
| 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 |
116, Al Alka 3 in numbers
- Sold 3 times: first on 1 June 2008 for AED 612,500, last on 13 July 2016 for AED 1,000,000 (AED 1,324 per sqft).
- Rented since August 2013 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 46,000 in 2021 and recovered to AED 80,000 by December 2025.
- At AED 80,000 a year the gross yield on the 2016 price is 8.0%, before a service charge of about AED 17,100 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 15 December 2025.
Questions about 116, Al Alka 3
What did unit 116 last sell for?
AED 1,000,000 on 13 July 2016: AED 1,324 per sqft for 755 sqft. The unit has 3 registered sales; the first was AED 612,500 in June 2008.
What is the rent for unit 116?
AED 80,000 a year on the contract signed on 15 December 2025. The previous contract, from October 2024, was AED 64,009; the unit has been rented since August 2013.
How big is unit 116?
755 sqft (70.1 sqm): a one-bedroom apartment on the 1st floor of a 41-storey tower.
What is unit 116 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 116, Al Alka 3
Starts from the last sale price (AED 1M, 13 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →