3-bed · 1,650 sqftAl Nakheel 1, The Greens · 1st floor

103, Al Nakheel 1

Sold prices and rental history: sold twice, last in June 2014, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 17 June 2014
Last soldAED 1.1M17 June 2014
Current rentAED 120K /yr31 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Al Nakheel 1

What is 103 worth today?

Last sold for AED 1,095,000 in 2014

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17 Jun 2014SoldReady
AED 1,095,000AED 663 per sqft
31 May 2013RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
30 Dec 2012Sold by developerReady
AED 682,800AED 413 per sqft
31 May 2012RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 June 2014.

Key facts

Type
3-bed apartment
Size
1,650 sqft
Floor
1st of 6
Parking
nan
Service charge
AED 29,200 /yr
Last sold
AED 1.1M · June 2014
Building
Al Nakheel 1

About 103, Al Nakheel 1

103 is a three-bedroom apartment of 1,650 sqft on the 1st floor of Al Nakheel 1, a 6-storey tower in The Greens. It last sold on 17 June 2014 for AED 1,095,000, or AED 663 per sqft.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 31 May 2013, is AED 120,000 a year: a gross yield of 11.0% on the 2014 price, before the service charge of about AED 29,200 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical three-bed in Al Nakheel 1
1M2M2008201220162020Typical sale price by year: 2008 AED 908,800; 2010 AED 454,400; 2011 AED 1,300,000; 2012 AED 675,800; 2016 AED 2,000,000; 2017 AED 1,892,500; 2021 AED 1,800,000Sold by developer, December 2012: AED 682,800 (AED 413 per sqft)Sold, June 2014: AED 1,095,000 (AED 663 per sqft)

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

Rents
Unit 103, each contractTypical three-bed in Al Nakheel 1
100K150K2012201620202024Typical rent by year: 2012 AED 132,500; 2013 AED 132,500; 2014 AED 148,121; 2015 AED 155,000; 2016 AED 156,891; 2017 AED 146,000; 2018 AED 132,500; 2019 AED 121,000; 2020 AED 111,000; 2021 AED 100,000; 2022 AED 125,000; 2023 AED 134,400; 2024 AED 162,500; 2025 AED 180,732New contract, May 2012: AED 120,000 a yearNew contract, May 2013: AED 120,000 a year

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

3-beds in Al Nakheel 1, and where 103 sits

All 22 3-beds →

Over the last 12 months three-beds sold for AED 3,200,000 to 3,700,000, around AED 1,858 per sqft, and rent for AED 138,253 to 160,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Feb 20263,200,000
30 Jan 20263,700,000
5 Mar 20242,100,000
10 Aug 20211,900,000
2 3-bed sales in the last 12 months

Al Nakheel 1

Building

53 apartments, 1-bed to 3-bed over 6 floors in The Greens. 2 sold in the last 12 months.

Typical price per sqft
AED 1,858
Typical sale
AED 3.45M
Typical rent
AED 149K /yr
Typical yield
4.8%
Al Nakheel 1, The Greens: prices, sales and rents →

Other units on the 1st floor

All 53 units in Al Nakheel 1
Value
1012-bedAED 638K · Apr 2008
1023-bedAED 3.2M · Feb 2026
1042-bedAED 1.03M · Sep 2022
1051-bedAED 660K · Jun 2010
1063-bedAED 1.26M · Nov 2019
1071-bedAED 500K · Jun 2010
1081-bedAED 560K · Nov 2010
1–7 of 11

103, Al Nakheel 1 in numbers

  • Sold twice: first on 30 December 2012 for AED 682,800, last on 17 June 2014 for AED 1,095,000 (AED 663 per sqft).
  • Rented since May 2012 on 2 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2014 price is 11.0%, before a service charge of about AED 29,200 a year (AED 17.68 per sqft).
  • Three-beds in Al Nakheel 1 sold for AED 3,200,000–3,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,858 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 17 June 2014.

Questions about 103, Al Nakheel 1

What did unit 103 last sell for?

AED 1,095,000 on 17 June 2014: AED 663 per sqft for 1,650 sqft. The unit has 2 registered sales; the first was AED 682,800 in December 2012.

What is the rent for unit 103?

AED 120,000 a year on the contract signed on 31 May 2013. The previous contract, from May 2012, was AED 120,000.

How big is unit 103?

1,650 sqft (153.3 sqm): a three-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Nakheel 1 sold for AED 3,200,000 to 3,700,000 in the last 12 months, around AED 1,858 per sqft.

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Mortgage on 103, Al Nakheel 1

Starts from the last sale price (AED 1.1M, 17 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,095,000
Deposit, UAE resident (20%)
AED 219,000
Deposit, non-resident (40%)
AED 438,000
Monthly over 25 years at 3.7%
AED 4,480

Plus AED 51,000 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →