617, Al Alka 3
Sold prices and rental history: sold 4 times, last in July 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 617, Al Alka 3
What is 617 worth today?
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Source: Dubai Land Department. Updated 13 January 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,135 sqft
- Floor
- 6th of 41
- Parking
- B-182
- Service charge
- AED 25,700 /yr
- Last sold
- AED 813K · July 2014
- Building
- Al Alka 3
About 617, Al Alka 3
617 is a two-bedroom apartment of 1,135 sqft on the 6th floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 17 July 2014 for AED 812,500, or AED 716 per sqft, 12% below the AED 815 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 13 January 2020, is AED 90,000 a year: a gross yield of 11.1% on the 2014 price, before the service charge of about AED 25,700 a year.
Sales and rents for 617 over time
617 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 617 sits
All 32 2-beds →617 last sold in July 2014 at AED 716 per sqft, 12% below what two-beds in Al Alka 3 were fetching at the time (AED 815). 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. 617's AED 90,000 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 6th floor
All 117 units in Al Alka 3617, Al Alka 3 in numbers
- Sold 4 times: first on 26 May 2008 for AED 1,650,000, last on 17 July 2014 for AED 812,500 (AED 716 per sqft).
- Rented since June 2012 on 5 Ejari contracts, from AED 65,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2014 price is 11.1%, 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 13 January 2020.
Questions about 617, Al Alka 3
What did unit 617 last sell for?
AED 812,500 on 17 July 2014: AED 716 per sqft for 1,135 sqft. The unit has 4 registered sales; the first was AED 1,650,000 in May 2008.
What is the rent for unit 617?
AED 90,000 a year on the contract signed on 13 January 2020. The previous contract, from August 2018, was AED 120,000; the unit has been rented since June 2012.
How big is unit 617?
1,135 sqft (105.4 sqm): a two-bedroom apartment on the 6th floor of a 41-storey tower.
What is unit 617 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 617, Al Alka 3
Starts from the last sale price (AED 813K, 17 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 812,500
- Deposit, UAE resident (20%)
- AED 162,500
- Deposit, non-resident (40%)
- AED 325,000
- Monthly over 25 years at 3.7%
- AED 3,324
Plus AED 39,135 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →