111, Al Nakheel 1
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, Al Nakheel 1
What is 111 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,622 sqft
- Floor
- 1st of 6
- Parking
- nan
- Service charge
- AED 28,700 /yr
- Last sold
- AED 1.66M · December 2023
- Building
- Al Nakheel 1
About 111, Al Nakheel 1
111 is a two-bedroom apartment of 1,622 sqft on the 1st floor of Al Nakheel 1, a 6-storey tower in The Greens. It last sold on 1 December 2023 for AED 1,663,000, or AED 1,025 per sqft.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 5 August 2024, is AED 240,000 a year: a gross yield of 14.4% on the 2023 price, before the service charge of about AED 28,700 a year.
Sales and rents for 111 over time
111 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Nakheel 1, and where 111 sits
All 14 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Dec 202314 December 2023 | 1,216 sqft | 2,010,000 | 1,652 | ||
| 26 Oct 202326 October 2023 | 1,408 sqft | 1,675,000 | 1,189 | ||
| 29 Sep 202229 September 2022 | 1,518 sqft | 1,025,000 | 675 | ||
| 17 Jan 202217 January 2022 | 1,408 sqft | 1,400,000 | 994 |
Al Nakheel 1
Building53 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%
Other units on the 1st floor
All 53 units in Al Nakheel 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,617 sqft | AED 638KAED 637,800 · Apr 2008April 2008 | 140,000 /yr | |
| 102 | 3-bed | 1,652 sqft | AED 3.2MAED 3,200,000 · Feb 2026February 2026 | 110,000 /yr | |
| 103 | 3-bed | 1,650 sqft | AED 1.1MAED 1,095,000 · Jun 2014June 2014 | 120,000 /yr | |
| 104 | 2-bed | 1,518 sqft | AED 1.03MAED 1,025,000 · Sep 2022September 2022 | ||
| 105 | 1-bed | 926 sqft | AED 660KAED 660,000 · Jun 2010June 2010 | 74,536 /yr | |
| 106 | 3-bed | 1,653 sqft | AED 1.26MAED 1,260,000 · Nov 2019November 2019 | 160,000 /yr | |
| 107 | 1-bed | 985 sqft | AED 500KAED 500,000 · Jun 2010June 2010 | 95,000 /yr | |
| 108 | 1-bed | 680 sqft | AED 560KAED 560,000 · Nov 2010November 2010 | 105,000 /yr | |
| 109 | 3-bed | 2,065 sqft | AED 3.09MAED 3,090,261 · Aug 2008August 2008 | 190,000 /yr | |
| 110 | 3-bed | 2,070 sqft | AED 2.45MAED 2,450,000 · Jun 2015June 2015 | 147,000 /yr | |
| 112 | 2-bed | 1,408 sqft | AED 1.4MAED 1,400,000 · Jan 2022January 2022 | 105,000 /yr |
111, Al Nakheel 1 in numbers
- Sold twice: first on 3 May 2010 for AED 637,800, last on 1 December 2023 for AED 1,663,000 (AED 1,025 per sqft).
- Rented since May 2013 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 95,000 in 2019 and recovered to AED 240,000 by August 2024.
- At AED 240,000 a year the gross yield on the 2023 price is 14.4%, before a service charge of about AED 28,700 a year (AED 17.68 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2024.
Questions about 111, Al Nakheel 1
What did unit 111 last sell for?
AED 1,663,000 on 1 December 2023: AED 1,025 per sqft for 1,622 sqft. The unit has 2 registered sales; the first was AED 637,800 in May 2010.
What is the rent for unit 111?
AED 240,000 a year on the contract signed on 5 August 2024. The previous contract, from March 2022, was AED 100,000; the unit has been rented since May 2013.
How big is unit 111?
1,622 sqft (150.7 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower.
What is unit 111 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 111, Al Nakheel 1
Starts from the last sale price (AED 1.66M, 1 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,663,000
- Deposit, UAE resident (20%)
- AED 332,600
- Deposit, non-resident (40%)
- AED 665,200
- Monthly over 25 years at 3.7%
- AED 6,804
Plus AED 74,856 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →