212B, Al Alka 3
Sold prices and rental history: sold once, by the developer in July 2011, 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 212B, Al Alka 3
What is 212B worth today?
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Source: Dubai Land Department. Updated 24 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 21st of 41
- Parking
- B-102
- Service charge
- AED 9,800 /yr
- Last sold
- AED 337K · July 2011
- Building
- Al Alka 3
About 212B, Al Alka 3
212B is a studio of 433 sqft on the 21st floor of Al Alka 3, a 41-storey tower in The Greens. The developer sold it on 18 July 2011 for AED 336,536, or AED 778 per sqft, 7% below the AED 841 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 24 September 2024, is AED 62,000 a year: a gross yield of 18.4% on the 2011 price, before the service charge of about AED 9,800 a year.
Sales and rents for 212B over time
212B has sold once; 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 212B sits
All 18 studios →212B last sold in July 2011 at AED 778 per sqft, 7% below what studios in Al Alka 3 were fetching at the time (AED 841). 212B's AED 62,000 is in the upper half 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 21st floor
All 117 units in Al Alka 3212B, Al Alka 3 in numbers
- Sold once: by the developer on 18 July 2011 for AED 336,536, or AED 778 per sqft.
- Rented since September 2013 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 46,000 in 2022 and recovered to AED 62,000 by September 2024.
- At AED 62,000 a year the gross yield on the 2011 price is 18.4%, before a service charge of about AED 9,800 a year (AED 22.63 per sqft).
Source: Dubai Land Department. Updated 24 September 2024.
Questions about 212B, Al Alka 3
What did unit 212B last sell for?
AED 336,536 on 18 July 2011, sold by the developer: AED 778 per sqft for 433 sqft. It is the only registered sale of the unit.
What is the rent for unit 212B?
AED 62,000 a year on the contract signed on 24 September 2024. The previous contract, from June 2023, was AED 54,000; the unit has been rented since September 2013.
How big is unit 212B?
433 sqft (40.2 sqm): a studio on the 21st floor of a 41-storey tower.
What is unit 212B 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 212B, Al Alka 3
Starts from the last sale price (AED 337K, 18 July 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 336,536
- Deposit, UAE resident (20%)
- AED 67,307
- Deposit, non-resident (40%)
- AED 134,614
- Monthly over 25 years at 3.7%
- AED 1,377
Plus AED 17,044 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →