2-bed · 2,320 sqftAl Alka 3, The Greens · Ground floor

G05, Al Alka 3

Sold prices and rental history: sold 4 times, last in February 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G05 · DLD and Ejari recordsUpdated 14 February 2022
Last soldAED 1.8M14 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G05, Al Alka 3

What is G05 worth today?

Last sold for AED 1,800,000 in 2022

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14 Feb 2022SoldReady
AED 1,800,000AED 775 per sqft
25 Apr 2013SoldReady
AED 1,700,000AED 732 per sqft
25 Apr 2011SoldReady
AED 1,150,000AED 495 per sqft
2 Nov 2009Sold by developerReady
AED 833,944AED 359 per sqft

Source: Dubai Land Department. Updated 14 February 2022.

Key facts

Type
2-bed apartment
Size
2,320 sqft
Floor
Ground of 41
Parking
B-205
Service charge
AED 52,500 /yr
Last sold
AED 1.8M · February 2022
Building
Al Alka 3

About G05, Al Alka 3

G05 is a two-bedroom apartment of 2,320 sqft on the ground floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 14 February 2022 for AED 1,800,000, or AED 775 per sqft, 13% below the AED 893 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G05 over time

Sales
Unit G05, each saleTypical two-bed in Al Alka 3
1M2M2008201320182023Typical sale price by year: 2008 AED 1,489,444; 2009 AED 1,352,894; 2010 AED 1,051,944; 2011 AED 1,150,000; 2012 AED 1,275,000; 2013 AED 1,540,000; 2014 AED 1,175,000; 2015 AED 1,400,000; 2017 AED 1,625,000; 2021 AED 1,300,000; 2022 AED 1,457,500; 2023 AED 1,575,000; 2024 AED 1,600,000; 2025 AED 2,060,000Sold by developer, November 2009: AED 833,944 (AED 359 per sqft)Sold, April 2011: AED 1,150,000 (AED 495 per sqft)Sold, April 2013: AED 1,700,000 (AED 732 per sqft)Sold, February 2022: AED 1,800,000 (AED 775 per sqft)

G05 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G05, each contractTypical two-bed in Al Alka 3
75K100K125K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 110,000; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 127,500; 2017 AED 115,000; 2018 AED 114,814; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 87,125; 2023 AED 95,000; 2024 AED 110,000; 2025 AED 125,000

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 G05 sits

All 32 2-beds →

G05 last sold in February 2022 at AED 775 per sqft, 13% below what two-beds in Al Alka 3 were fetching at the time (AED 893). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Feb 20262,600,000
17 Jun 20252,150,000
4 Jun 20252,200,000
19 May 20252,060,000
1 2-bed sale in the last 12 months

Al Alka 3

Building

117 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%
Al Alka 3, The Greens: prices, sales and rents →

Other units on the ground floor

All 117 units in Al Alka 3
Value
G011-bedAED 1.03M · Jun 2013
G021-bedAED 1.25M · Nov 2024
G031-bedAED 979K · Oct 2010
G041-bedAED 496K · Feb 2010
G061-bedAED 437K · Aug 2010
G071-bedAED 1.41M · Oct 2024
G081-bedAED 860K · Aug 2013
1–7 of 17

G05, Al Alka 3 in numbers

  • Sold 4 times: first on 2 November 2009 for AED 833,944, last on 14 February 2022 for AED 1,800,000 (AED 775 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 14 February 2022.

Questions about G05, Al Alka 3

What did unit G05 last sell for?

AED 1,800,000 on 14 February 2022: AED 775 per sqft for 2,320 sqft. The unit has 4 registered sales; the first was AED 833,944 in November 2009.

How big is unit G05?

2,320 sqft (215.5 sqm): a two-bedroom apartment on the ground floor of a 41-storey tower.

What is unit G05 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 G05, Al Alka 3

Starts from the last sale price (AED 1.8M, 14 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →