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

304, Al Alka 3

Sold prices and rental history: sold once, by the developer in February 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 650K9 February 2012
Current rentAED 82K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Al Alka 3

What is 304 worth today?

Last sold for AED 649,888 in 2012

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1 May 2025RentedRenewal
AED 82,000/yr12 months · AED 101 per sqft
1 May 2024RentedNew contract
AED 82,000/yr12 months · AED 101 per sqft
1 Jan 2024RentedRenewal
AED 84,000/yr3 months · AED 103 per sqft
1 Jan 2023RentedRenewal
AED 60,000/yr12 months · AED 73 per sqft
4 Jan 2018RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
19 May 2017RentedRenewal
AED 90,000/yr12 months · AED 110 per sqft
19 May 2016RentedNew contract
AED 90,000/yr12 months · AED 110 per sqft
5 Apr 2015RentedNew contract
AED 93,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
3rd of 41
Parking
B-165
Service charge
AED 18,500 /yr
Last sold
AED 650K · February 2012
Building
Al Alka 3

About 304, Al Alka 3

304 is a one-bedroom apartment of 816 sqft on the 3rd floor of Al Alka 3, a 41-storey tower in The Greens. The developer sold it on 9 February 2012 for AED 649,888, or AED 796 per sqft, 18% above the AED 674 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 82,000 a year: a gross yield of 12.6% on the 2012 price, before the service charge of about AED 18,500 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, February 2012: AED 649,888 (AED 796 per sqft)

304 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, each contractTypical one-bed in Al Alka 3
50K75K100K2012201620202024Typical 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, April 2015: AED 93,000 a yearNew contract, May 2016: AED 90,000 a yearRenewal, May 2017: AED 90,000 a yearNew contract, January 2018: AED 80,000 a yearRenewal, January 2023: AED 60,000 a yearRenewal, January 2024: AED 84,000 a yearNew contract, May 2024: AED 82,000 a yearRenewal, May 2025: AED 82,000 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 304 sits

All 63 1-beds →

304 last sold in February 2012 at AED 796 per sqft, 18% above what one-beds in Al Alka 3 were fetching at the time (AED 674). 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. 304's AED 82,000 is in the lower 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
3021-bedAED 1.03M · Mar 2024
3031-bedAED 473K · Mar 2010
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

304, Al Alka 3 in numbers

  • Sold once: by the developer on 9 February 2012 for AED 649,888, or AED 796 per sqft.
  • Rented since April 2015 on 8 Ejari contracts. The rent fell from AED 93,000 to AED 60,000 in 2023 and recovered to AED 82,000 by May 2025.
  • At AED 82,000 a year the gross yield on the 2012 price is 12.6%, 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 1 May 2025.

Questions about 304, Al Alka 3

What did unit 304 last sell for?

AED 649,888 on 9 February 2012, sold by the developer: AED 796 per sqft for 816 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 82,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 82,000; the unit has been rented since April 2015.

How big is unit 304?

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

What is unit 304 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 304, Al Alka 3

Starts from the last sale price (AED 650K, 9 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 649,888
Deposit, UAE resident (20%)
AED 129,978
Deposit, non-resident (40%)
AED 259,955
Monthly over 25 years at 3.7%
AED 2,659

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →