412B, Al Alka 3
Sold prices and rental history: sold twice, last in July 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 412B, Al Alka 3
What is 412B worth today?
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Source: Dubai Land Department. Updated 20 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 41st of 41
- Parking
- 243
- Service charge
- AED 9,800 /yr
- Last sold
- AED 650K · July 2016
- Building
- Al Alka 3
About 412B, Al Alka 3
412B is a studio of 433 sqft on the 41st floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 14 July 2016 for AED 650,000, or AED 1,502 per sqft, 5% below the AED 1,574 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 20 October 2025, is AED 68,000 a year: a gross yield of 10.5% on the 2016 price, before the service charge of about AED 9,800 a year.
Sales and rents for 412B over time
412B has sold twice; 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 412B sits
All 18 studios →412B last sold in July 2016 at AED 1,502 per sqft, 5% below what studios in Al Alka 3 were fetching at the time (AED 1,574). 412B's AED 68,000 is at the top 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 41st floor
All 117 units in Al Alka 3412B, Al Alka 3 in numbers
- Sold twice: first on 7 September 2009 for AED 339,446, last on 14 July 2016 for AED 650,000 (AED 1,502 per sqft).
- Rented since October 2017 on 10 Ejari contracts. The rent fell from AED 68,000 to AED 39,000 in 2020 and recovered to AED 68,000 by October 2025.
- At AED 68,000 a year the gross yield on the 2016 price is 10.5%, before a service charge of about AED 9,800 a year (AED 22.63 per sqft).
Source: Dubai Land Department. Updated 20 October 2025.
Questions about 412B, Al Alka 3
What did unit 412B last sell for?
AED 650,000 on 14 July 2016: AED 1,502 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 339,446 in September 2009.
What is the rent for unit 412B?
AED 68,000 a year on the contract signed on 20 October 2025. The previous contract, from May 2025, was AED 68,000; the unit has been rented since October 2017.
How big is unit 412B?
433 sqft (40.2 sqm): a studio on the 41st floor of a 41-storey tower.
What is unit 412B 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 412B, Al Alka 3
Starts from the last sale price (AED 650K, 14 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- 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 →