318, Al Alka 3
Sold prices and rental history: sold 3 times, last in July 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 318, Al Alka 3
What is 318 worth today?
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Source: Dubai Land Department. Updated 26 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,292 sqft
- Floor
- 3rd of 41
- Parking
- B-209
- Service charge
- AED 29,200 /yr
- Last sold
- AED 1.62M · July 2015
- Building
- Al Alka 3
About 318, Al Alka 3
318 is a two-bedroom apartment of 1,292 sqft on the 3rd floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 23 July 2015 for AED 1,620,000, or AED 1,254 per sqft, in line with the AED 1,254 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 26 August 2025, is AED 130,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 29,200 a year.
Sales and rents for 318 over time
318 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Alka 3, and where 318 sits
All 32 2-beds →318 last sold in July 2015 at AED 1,254 per sqft, in line with what two-beds in Al Alka 3 were fetching at the time (AED 1,254). Over the last 12 months two-beds sold for AED 2,600,000, around AED 1,804 per sqft, and rent for AED 125,000 to 132,000 a year. 318's AED 130,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 1,441 sqft | 2,600,000 | 1,804 | ||
| 17 Jun 202517 June 2025 | 1,313 sqft | 2,150,000 | 1,637 | ||
| 4 Jun 20254 June 2025 | 1,135 sqft | 2,200,000 | 1,938 | ||
| 19 May 202519 May 2025 | 1,292 sqft | 2,060,000 | 1,594 |
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 3rd floor
All 117 units in Al Alka 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 820 sqft | AED 970KAED 970,000 · Jul 2013July 2013 | 80,000 /yr | |
| 302 | 1-bed | 816 sqft | AED 1.03MAED 1,025,000 · Mar 2024March 2024 | 115,000 /yr | |
| 303 | 1-bed | 816 sqft | AED 473KAED 473,444 · Mar 2010March 2010 | 50,000 /yr | |
| 304 | 1-bed | 816 sqft | AED 650KAED 649,888 · Feb 2012February 2012 | 82,000 /yr | |
| 305 | 1,441 sqft | AED 2.23MAED 2,230,000 · Mar 2025March 2025 | 180,000 /yr | ||
| 306 | 1-bed | 765 sqft | AED 980KAED 980,000 · Apr 2009April 2009 | 55,500 /yr | |
| 307 | 1-bed | 758 sqft | AED 1.06MAED 1,060,000 · Sep 2016September 2016 | 80,000 /yr | |
| 308 | 758 sqft | AED 1.53MAED 1,530,000 · Aug 2025August 2025 | 78,000 /yr | ||
| 309 | 1-bed | 758 sqft | AED 1.35MAED 1,350,000 · Dec 2024December 2024 | 120,000 /yr | |
| 310 | 1-bed | 758 sqft | AED 1.1MAED 1,100,000 · Feb 2025February 2025 | 69,300 /yr | |
| 311 | 2-bed | 1,093 sqft | AED 1.1MAED 1,100,000 · Apr 2022April 2022 | 80,000 /yr | |
| 314 | 1-bed | 777 sqft | AED 1.1MAED 1,100,000 · Feb 2025February 2025 | 110,000 /yr | |
| 315 | 1-bed | 755 sqft | AED 700KAED 700,000 · Apr 2018April 2018 | 83,000 /yr | |
| 316 | 1-bed | 755 sqft | AED 970KAED 970,000 · Oct 2016October 2016 | 46,000 /yr | |
| 317 | 2-bed | 1,133 sqft | AED 1.35MAED 1,350,000 · Dec 2015December 2015 | 125,000 /yr | |
| 319 | 2-bed | 1,313 sqft | AED 1.14MAED 1,140,000 · Jul 2019July 2019 | 131,250 /yr |
318, Al Alka 3 in numbers
- Sold 3 times: first on 30 July 2009 for AED 706,444, last on 23 July 2015 for AED 1,620,000 (AED 1,254 per sqft).
- Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2019 and recovered to AED 130,000 by August 2025.
- At AED 130,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 29,200 a year (AED 22.63 per sqft).
- Two-beds in Al Alka 3 sold for AED 2,600,000–2,600,000 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 26 August 2025.
Questions about 318, Al Alka 3
What did unit 318 last sell for?
AED 1,620,000 on 23 July 2015: AED 1,254 per sqft for 1,292 sqft. The unit has 3 registered sales; the first was AED 706,444 in July 2009.
What is the rent for unit 318?
AED 130,000 a year on the contract renewed on 26 August 2025. The previous contract, from August 2024, was AED 130,000; the unit has been rented since August 2015.
How big is unit 318?
1,292 sqft (120.0 sqm): a two-bedroom apartment on the 3rd floor of a 41-storey tower.
What is unit 318 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Alka 3 sold for AED 2,600,000 to 2,600,000 in the last 12 months, around AED 1,804 per sqft.
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Mortgage on 318, Al Alka 3
Starts from the last sale price (AED 1.62M, 23 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,620,000
- Deposit, UAE resident (20%)
- AED 324,000
- Deposit, non-resident (40%)
- AED 648,000
- Monthly over 25 years at 3.7%
- AED 6,628
Plus AED 73,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →