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Studio · 444 sqftAl Alka 3, The Greens · Ground floor

G12A, Al Alka 3

Sold prices and rental history: sold 4 times, last in February 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G12A · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 680K28 February 2016
Current rentAED 110K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G12A, Al Alka 3

What is G12A worth today?

Last sold for AED 680,000 in 2016

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10 Dec 2024RentedNew contract
AED 110,000/yr12 months · AED 247 per sqft
28 Nov 2023RentedRenewal
AED 69,000/yr12 months · AED 155 per sqft
18 Nov 2022RentedRenewal
AED 69,000/yr12 months · AED 155 per sqft
19 Jul 2020RentedRenewal
AED 69,000/yr15 months · AED 155 per sqft
19 Jul 2018RentedNew contract
AED 69,000/yr12 months · AED 156 per sqft
18 Sep 2017RentedNew contract
AED 65,000/yr12 months · AED 147 per sqft
28 Feb 2016SoldReady
AED 680,000AED 1,530 per sqft
1 May 2014RentedNew contract
AED 62,000/yr12 months · AED 140 per sqft

Source: Dubai Land Department. Updated 10 December 2024.

Key facts

Type
Studio apartment
Size
444 sqft
Floor
Ground of 41
Parking
B-116
Service charge
AED 10,100 /yr
Last sold
AED 680K · February 2016
Building
Al Alka 3

About G12A, Al Alka 3

G12A is a studio of 444 sqft on the ground floor of Al Alka 3, a 41-storey tower in The Greens. It last sold on 28 February 2016 for AED 680,000, or AED 1,530 per sqft, 5% below the AED 1,618 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 10 December 2024, is AED 110,000 a year: a gross yield of 16.2% on the 2016 price, before the service charge of about AED 10,100 a year.

Sales and rents for G12A over time

Sales
Unit G12A, each saleTypical studio in Al Alka 3
500K1M2008201320182023Typical sale price by year: 2008 AED 780,000; 2009 AED 624,499; 2010 AED 325,000; 2011 AED 370,000; 2012 AED 508,000; 2013 AED 680,000; 2016 AED 680,000; 2022 AED 580,000; 2024 AED 710,000; 2025 AED 930,000Sold by developer, May 2009: AED 619,099 (AED 1,392 per sqft)Sold, January 2011: AED 370,000 (AED 832 per sqft)Sold, June 2012: AED 495,000 (AED 1,113 per sqft)Sold, February 2016: AED 680,000 (AED 1,530 per sqft)

G12A has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit G12A, each contractTypical studio in Al Alka 3
50K100K2013201720212025Typical rent by year: 2013 AED 51,000; 2014 AED 65,000; 2015 AED 63,000; 2016 AED 60,000; 2017 AED 60,000; 2018 AED 52,000; 2019 AED 40,000; 2020 AED 33,000; 2021 AED 34,000; 2022 AED 45,000; 2023 AED 55,500; 2024 AED 56,000; 2025 AED 62,000New contract, May 2014: AED 62,000 a yearNew contract, September 2017: AED 65,000 a yearNew contract, July 2018: AED 69,000 a yearRenewal, July 2020: AED 69,000 a yearRenewal, November 2022: AED 69,000 a yearRenewal, November 2023: AED 69,000 a yearNew contract, December 2024: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Alka 3, and where G12A sits

All 18 studios →

G12A last sold in February 2016 at AED 1,530 per sqft, 5% below what studios in Al Alka 3 were fetching at the time (AED 1,618). G12A's AED 110,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jun 2025820,000
13 May 2025935,000
16 Jan 2025930,000
27 Dec 2024250,000
0 studio 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

G12A, Al Alka 3 in numbers

  • Sold 4 times: first on 31 May 2009 for AED 619,099, last on 28 February 2016 for AED 680,000 (AED 1,530 per sqft).
  • Rented since May 2014 on 7 Ejari contracts, from AED 62,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2016 price is 16.2%, before a service charge of about AED 10,100 a year (AED 22.63 per sqft).

Source: Dubai Land Department. Updated 10 December 2024.

Questions about G12A, Al Alka 3

What did unit G12A last sell for?

AED 680,000 on 28 February 2016: AED 1,530 per sqft for 444 sqft. The unit has 4 registered sales; the first was AED 619,099 in May 2009.

What is the rent for unit G12A?

AED 110,000 a year on the contract signed on 10 December 2024. The previous contract, from November 2023, was AED 69,000; the unit has been rented since May 2014.

How big is unit G12A?

444 sqft (41.2 sqm): a studio on the ground floor of a 41-storey tower.

What is unit G12A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on G12A, Al Alka 3

Starts from the last sale price (AED 680K, 28 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

Plus AED 33,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →