1-bed · 816 sqftAl Alka 3, The Greens · 3rd floor

302, Al Alka 3

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 22 September 2025
Last soldAED 1.03M27 March 2024
Current rentAED 115K /yr22 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Al Alka 3

What is 302 worth today?

Last sold for AED 1,025,000 in 2024

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22 Sep 2025RentedRenewal
AED 115,000/yr12 months · AED 141 per sqft
22 Sep 2024RentedNew contract
AED 115,000/yr12 months · AED 141 per sqft
27 Mar 2024SoldReady
AED 1,025,000AED 1,256 per sqft
23 Mar 2023RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
1 Apr 2022RentedNew contract
AED 66,000/yr12 months · AED 81 per sqft
20 Feb 2020RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
20 Jan 2020SoldReady
AED 600,000AED 735 per sqft
7 Feb 2018RentedNew contract
AED 85,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 22 September 2025.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
3rd of 41
Parking
B-178
Service charge
AED 18,500 /yr
Last sold
AED 1.03M · March 2024
Building
Al Alka 3

About 302, Al Alka 3

302 is a one-bedroom apartment of 816 sqft on the 3rd floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 27 March 2024 for AED 1,025,000, or AED 1,256 per sqft, 4% below the AED 1,305 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 22 September 2025, is AED 115,000 a year: a gross yield of 11.2% on the 2024 price, before the service charge of about AED 18,500 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in Al Alka 3
500K1M2008201320182023Typical sale price by year: 2008 AED 953,000; 2009 AED 982,888; 2010 AED 540,000; 2011 AED 550,000; 2012 AED 650,000; 2013 AED 997,500; 2014 AED 1,140,000; 2015 AED 1,060,000; 2016 AED 1,010,000; 2017 AED 1,045,000; 2020 AED 577,500; 2021 AED 640,000; 2022 AED 635,000; 2023 AED 850,000; 2024 AED 1,222,500; 2025 AED 1,205,000Sold by developer, December 2008: AED 1,120,000 (AED 1,372 per sqft)Sold, January 2020: AED 600,000 (AED 735 per sqft)Sold, March 2024: AED 1,025,000 (AED 1,256 per sqft)

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

Rents
Unit 302, each contractTypical one-bed in Al Alka 3
50K100K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 66,000; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 82,000; 2017 AED 80,000; 2018 AED 69,000; 2019 AED 56,000; 2020 AED 50,000; 2021 AED 47,000; 2022 AED 54,000; 2023 AED 63,250; 2024 AED 78,000; 2025 AED 80,000; 2026 AED 87,500New contract, February 2015: AED 105,000 a yearNew contract, February 2018: AED 85,000 a yearNew contract, February 2020: AED 60,000 a yearNew contract, April 2022: AED 66,000 a yearNew contract, March 2023: AED 75,000 a yearNew contract, September 2024: AED 115,000 a yearRenewal, September 2025: AED 115,000 a year

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 302 sits

All 63 1-beds →

302 last sold in March 2024 at AED 1,256 per sqft, 4% below what one-beds in Al Alka 3 were fetching at the time (AED 1,305). 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. 302's AED 115,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 20261,575,000
26 Dec 20251,550,000
19 Jun 20251,175,000
23 Apr 20251,235,000
3 1-bed sales 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 3rd floor

All 117 units in Al Alka 3
Value
3011-bedAED 970K · Jul 2013
3031-bedAED 473K · Mar 2010
3041-bedAED 650K · Feb 2012
305AED 2.23M · Mar 2025
3061-bedAED 980K · Apr 2009
3071-bedAED 1.06M · Sep 2016
308AED 1.53M · Aug 2025
1–7 of 16

302, Al Alka 3 in numbers

  • Sold 3 times: first on 23 December 2008 for AED 1,120,000, last on 27 March 2024 for AED 1,025,000 (AED 1,256 per sqft).
  • Rented since February 2015 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2020 and recovered to AED 115,000 by September 2025.
  • At AED 115,000 a year the gross yield on the 2024 price is 11.2%, before a service charge of about AED 18,500 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 22 September 2025.

Questions about 302, Al Alka 3

What did unit 302 last sell for?

AED 1,025,000 on 27 March 2024: AED 1,256 per sqft for 816 sqft. The unit has 3 registered sales; the first was AED 1,120,000 in December 2008.

What is the rent for unit 302?

AED 115,000 a year on the contract renewed on 22 September 2025. The previous contract, from September 2024, was AED 115,000; the unit has been rented since February 2015.

How big is unit 302?

816 sqft (75.8 sqm): a one-bedroom apartment on the 3rd floor of a 41-storey tower.

What is unit 302 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 302, Al Alka 3

Starts from the last sale price (AED 1.03M, 27 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

Plus AED 48,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →