517, Al Alka 3
Sold prices and rental history: sold 4 times, last in February 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 517, Al Alka 3
What is 517 worth today?
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Source: Dubai Land Department. Updated 12 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,135 sqft
- Floor
- 5th of 41
- Parking
- B-183
- Service charge
- AED 25,700 /yr
- Last sold
- AED 1.62M · February 2025
- Building
- Al Alka 3
About 517, Al Alka 3
517 is a two-bedroom apartment of 1,135 sqft on the 5th floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 12 February 2025 for AED 1,620,000, or AED 1,427 per sqft, in line with the AED 1,410 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 14 October 2024, is AED 101,200 a year: a gross yield of 6.3% on the 2025 price, before the service charge of about AED 25,700 a year.
Sales and rents for 517 over time
517 has sold 4 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 517 sits
All 32 2-beds →517 last sold in February 2025 at AED 1,427 per sqft, in line with what two-beds in Al Alka 3 were fetching at the time (AED 1,410). 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. 517's AED 101,200 is at the bottom 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 5th floor
All 117 units in Al Alka 3517, Al Alka 3 in numbers
- Sold 4 times: first on 22 March 2010 for AED 800,000, last on 12 February 2025 for AED 1,620,000 (AED 1,427 per sqft).
- Rented since March 2016 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 65,000 in 2020 and recovered to AED 101,200 by October 2024.
- At AED 101,200 a year the gross yield on the 2025 price is 6.3%, before a service charge of about AED 25,700 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 12 February 2025.
Questions about 517, Al Alka 3
What did unit 517 last sell for?
AED 1,620,000 on 12 February 2025: AED 1,427 per sqft for 1,135 sqft. The unit has 4 registered sales; the first was AED 800,000 in March 2010.
What is the rent for unit 517?
AED 101,200 a year on the contract renewed on 14 October 2024. The previous contract, from October 2023, was AED 80,000; the unit has been rented since March 2016.
How big is unit 517?
1,135 sqft (105.4 sqm): a two-bedroom apartment on the 5th floor of a 41-storey tower.
What is unit 517 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 517, Al Alka 3
Starts from the last sale price (AED 1.62M, 12 February 2025). 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 →