716, Al Alka 3
Sold prices and rental history: sold 3 times, last in August 2021, 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 716, Al Alka 3
What is 716 worth today?
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Source: Dubai Land Department. Updated 13 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 768 sqft
- Floor
- 7th of 41
- Parking
- B-176
- Service charge
- AED 17,400 /yr
- Last sold
- AED 592K · August 2021
- Building
- Al Alka 3
About 716, Al Alka 3
716 is a one-bedroom apartment of 768 sqft on the 7th floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 10 August 2021 for AED 592,000, or AED 771 per sqft, 7% below the AED 826 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 13 December 2024, is AED 110,000 a year: a gross yield of 18.6% on the 2021 price, before the service charge of about AED 17,400 a year.
Sales and rents for 716 over time
716 has sold 3 times; 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 716 sits
All 63 1-beds →716 last sold in August 2021 at AED 771 per sqft, 7% below what one-beds in Al Alka 3 were fetching at the time (AED 826). 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. 716's AED 110,000 is in the upper half 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 7th floor
All 117 units in Al Alka 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 715 | 1-bed | 768 sqft | AED 565KAED 565,000 · Sep 2020September 2020 | 90,000 /yr | |
| 717 | 2-bed | 1,135 sqft | AED 2.2MAED 2,200,000 · Jun 2025June 2025 | 83,375 /yr | |
| 718 | 2-bed | 1,286 sqft | AED 1.62MAED 1,620,000 · Mar 2008March 2008 | 109,148 /yr | |
| 719 | 2-bed | 1,313 sqft | AED 1.35MAED 1,350,000 · Apr 2018April 2018 | 125,000 /yr |
716, Al Alka 3 in numbers
- Sold 3 times: first on 1 December 2010 for AED 906,888, last on 10 August 2021 for AED 592,000 (AED 771 per sqft).
- Rented since November 2016 on 6 Ejari contracts. The rent fell from AED 81,000 to AED 62,000 in 2018 and recovered to AED 110,000 by December 2024.
- At AED 110,000 a year the gross yield on the 2021 price is 18.6%, before a service charge of about AED 17,400 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 13 December 2024.
Questions about 716, Al Alka 3
What did unit 716 last sell for?
AED 592,000 on 10 August 2021: AED 771 per sqft for 768 sqft. The unit has 3 registered sales; the first was AED 906,888 in December 2010.
What is the rent for unit 716?
AED 110,000 a year on the contract renewed on 13 December 2024. The previous contract, from December 2023, was AED 110,000; the unit has been rented since November 2016.
How big is unit 716?
768 sqft (71.3 sqm): a one-bedroom apartment on the 7th floor of a 41-storey tower.
What is unit 716 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 716, Al Alka 3
Starts from the last sale price (AED 592K, 10 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 592,000
- Deposit, UAE resident (20%)
- AED 118,400
- Deposit, non-resident (40%)
- AED 236,800
- Monthly over 25 years at 3.7%
- AED 2,422
Plus AED 29,874 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →