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1-bed · 724 sqftAl Alka 3, The Greens · Ground floor

G08, Al Alka 3

Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G08 · DLD and Ejari recordsUpdated 23 April 2023
Last soldAED 860K4 August 2013
Current rentAED 52K /yr23 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G08, Al Alka 3

What is G08 worth today?

Last sold for AED 860,000 in 2013

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23 Apr 2023RentedRenewal
AED 52,440/yr12 months · AED 73 per sqft
23 Apr 2022RentedRenewal
AED 45,600/yr12 months · AED 63 per sqft
23 Apr 2021RentedNew contract
AED 38,000/yr12 months · AED 53 per sqft
1 Mar 2020RentedNew contract
AED 54,000/yr12 months · AED 75 per sqft
4 Aug 2013SoldReady
AED 860,000AED 1,188 per sqft
3 Nov 2008Sold by developerReady
AED 500,000AED 691 per sqft

Source: Dubai Land Department. Updated 23 April 2023.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
Ground of 41
Parking
B-156
Service charge
AED 16,400 /yr
Last sold
AED 860K · August 2013
Building
Al Alka 3

About G08, Al Alka 3

G08 is a one-bedroom apartment of 724 sqft on the ground floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 4 August 2013 for AED 860,000, or AED 1,188 per sqft, 7% above the AED 1,107 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 23 April 2023, is AED 52,440 a year: a gross yield of 6.1% on the 2013 price, before the service charge of about AED 16,400 a year.

Sales and rents for G08 over time

Sales
Unit G08, each saleTypical one-bed in Al Alka 3
500K1M2008201320182023Typical sale price by year: 2008 AED 953,000; 2009 AED 982,888; 2010 AED 540,000; 2011 AED 550,000; 2012 AED 650,000; 2013 AED 997,500; 2014 AED 1,140,000; 2015 AED 1,060,000; 2016 AED 1,010,000; 2017 AED 1,045,000; 2020 AED 577,500; 2021 AED 640,000; 2022 AED 635,000; 2023 AED 850,000; 2024 AED 1,222,500; 2025 AED 1,205,000Sold by developer, November 2008: AED 500,000 (AED 691 per sqft)Sold, August 2013: AED 860,000 (AED 1,188 per sqft)

G08 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G08, each contractTypical one-bed in Al Alka 3
50K75K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 66,000; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 82,000; 2017 AED 80,000; 2018 AED 69,000; 2019 AED 56,000; 2020 AED 50,000; 2021 AED 47,000; 2022 AED 54,000; 2023 AED 63,250; 2024 AED 78,000; 2025 AED 80,000; 2026 AED 87,500New contract, March 2020: AED 54,000 a yearNew contract, April 2021: AED 38,000 a yearRenewal, April 2022: AED 45,600 a yearRenewal, April 2023: AED 52,440 a year

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 G08 sits

All 63 1-beds →

G08 last sold in August 2013 at AED 1,188 per sqft, 7% above what one-beds in Al Alka 3 were fetching at the time (AED 1,107). 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. G08's AED 52,440 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 20261,575,000
26 Dec 20251,550,000
19 Jun 20251,175,000
23 Apr 20251,235,000
3 1-bed sales 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
G052-bedAED 1.8M · Feb 2022
G061-bedAED 437K · Aug 2010
G071-bedAED 1.41M · Oct 2024
1–7 of 17

G08, Al Alka 3 in numbers

  • Sold twice: first on 3 November 2008 for AED 500,000, last on 4 August 2013 for AED 860,000 (AED 1,188 per sqft).
  • Rented since March 2020 on 4 Ejari contracts. The rent fell from AED 54,000 to AED 38,000 in 2021 and recovered to AED 52,440 by April 2023.
  • At AED 52,440 a year the gross yield on the 2013 price is 6.1%, before a service charge of about AED 16,400 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 23 April 2023.

Questions about G08, Al Alka 3

What did unit G08 last sell for?

AED 860,000 on 4 August 2013: AED 1,188 per sqft for 724 sqft. The unit has 2 registered sales; the first was AED 500,000 in November 2008.

What is the rent for unit G08?

AED 52,440 a year on the contract renewed on 23 April 2023. The previous contract, from April 2022, was AED 45,600; the unit has been rented since March 2020.

How big is unit G08?

724 sqft (67.3 sqm): a one-bedroom apartment on the ground floor of a 41-storey tower.

What is unit G08 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 G08, Al Alka 3

Starts from the last sale price (AED 860K, 4 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →