409, Al Alka 3
Sold prices and rental history: sold twice, last in April 2008, 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 409, Al Alka 3
What is 409 worth today?
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Source: Dubai Land Department. Updated 15 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 758 sqft
- Floor
- 4th of 41
- Parking
- B-139
- Service charge
- AED 17,200 /yr
- Last sold
- AED 1.29M · April 2008
- Building
- Al Alka 3
About 409, Al Alka 3
409 is a one-bedroom apartment of 758 sqft on the 4th floor of Al Alka 3, a 41-storey tower in The Greens. The developer sold it on 9 April 2008 for AED 1,287,000, or AED 1,697 per sqft, 46% above the AED 1,160 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 15 January 2025, is AED 55,000 a year: a gross yield of 4.3% on the 2008 price, before the service charge of about AED 17,200 a year.
Sales and rents for 409 over time
409 has sold twice; 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 409 sits
All 63 1-beds →409 last sold in April 2008 at AED 1,697 per sqft, 46% above what one-beds in Al Alka 3 were fetching at the time (AED 1,160). 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. 409's AED 55,000 is at the bottom 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 4th floor
All 117 units in Al Alka 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 820 sqft | AED 1.58MAED 1,575,000 · Feb 2026February 2026 | 120,000 /yr | |
| 402 | 816 sqft | AED 1.25MAED 1,250,000 · Nov 2025November 2025 | 90,000 /yr | ||
| 403 | 1-bed | 816 sqft | AED 1.3MAED 1,299,000 · Feb 2025February 2025 | 63,250 /yr | |
| 404 | 1-bed | 816 sqft | AED 482KAED 482,444 · Mar 2010March 2010 | 38,000 /yr | |
| 405 | 2-bed | 1,441 sqft | AED 2.3MAED 2,300,000 · Oct 2014October 2014 | 100,000 /yr | |
| 406 | 1-bed | 765 sqft | AED 1.04MAED 1,040,000 · Jun 2016June 2016 | 90,000 /yr | |
| 407 | 1-bed | 758 sqft | AED 700KAED 700,000 · Jun 2021June 2021 | 85,000 /yr | |
| 408 | 1-bed | 758 sqft | AED 1.19MAED 1,185,000 · Feb 2014February 2014 | 75,000 /yr | |
| 410 | 1-bed | 758 sqft | AED 1.09MAED 1,090,000 · May 2017May 2017 | 90,000 /yr | |
| 411 | 2-bed | 1,093 sqft | AED 1.32MAED 1,317,888 · Jun 2009June 2009 | 120,000 /yr | |
| 414 | 1-bed | 776 sqft | AED 1.17MAED 1,168,622 · Feb 2025February 2025 | 105,000 /yr | |
| 415 | 1-bed | 755 sqft | AED 620KAED 619,563 · Dec 2021December 2021 | 73,054 /yr | |
| 416 | 1-bed | 755 sqft | AED 1.21MAED 1,213,000 · Jun 2008June 2008 | 65,000 /yr | |
| 417 | 2-bed | 1,133 sqft | AED 1.55MAED 1,550,000 · Oct 2015October 2015 | 104,363 /yr | |
| 418 | 2-bed | 1,292 sqft | AED 1.55MAED 1,549,000 · Jan 2024January 2024 | 115,000 /yr | |
| 419 | 2-bed | 1,313 sqft | AED 1.48MAED 1,475,000 · Jun 2023June 2023 | 130,000 /yr | |
| 413A | Studio | 216 sqft | AED 250KAED 250,000 · Dec 2024December 2024 | 70,000 /yr |
409, Al Alka 3 in numbers
- Sold twice: first on 9 April 2008 for AED 823,297, last on 9 April 2008 for AED 1,287,000 (AED 1,697 per sqft).
- Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 37,000 in 2021 and recovered to AED 55,000 by January 2025.
- At AED 55,000 a year the gross yield on the 2008 price is 4.3%, before a service charge of about AED 17,200 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 January 2025.
Questions about 409, Al Alka 3
What did unit 409 last sell for?
AED 1,287,000 on 9 April 2008, sold by the developer: AED 1,697 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 823,297 in April 2008.
What is the rent for unit 409?
AED 55,000 a year on the contract renewed on 15 January 2025. The previous contract, from January 2024, was AED 53,000; the unit has been rented since October 2015.
How big is unit 409?
758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 41-storey tower.
What is unit 409 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 409, Al Alka 3
Starts from the last sale price (AED 1.29M, 9 April 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,287,000
- Deposit, UAE resident (20%)
- AED 257,400
- Deposit, non-resident (40%)
- AED 514,800
- Monthly over 25 years at 3.7%
- AED 5,266
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →