Home
Dubai prices
About
Research
2-bed · 1,216 sqftAl Nakheel 1, The Greens · 2nd floor

211, 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.

Unit 211 · DLD and Ejari recordsUpdated 14 December 2023
Last soldAED 2.01M14 December 2023
Current rentAED 100K /yr14 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Al Nakheel 1

What is 211 worth today?

Last sold for AED 2,010,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Dec 2023SoldReady
AED 2,010,000AED 1,652 per sqft
14 Dec 2022RentedRenewal
AED 100,000/yr12 months · AED 62 per sqft
14 Dec 2021RentedRenewal
AED 100,000/yr12 months · AED 62 per sqft
14 Dec 2019RentedRenewal
AED 115,000/yr12 months · AED 71 per sqft
14 Dec 2018RentedRenewal
AED 125,000/yr12 months · AED 77 per sqft
14 Dec 2017RentedNew contract
AED 125,000/yr12 months · AED 77 per sqft
20 Nov 2014RentedNew contract
AED 150,000/yr12 months · AED 92 per sqft
1 Oct 2013RentedNew contract
AED 106,500/yr12 months · AED 66 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 December 2023.

Key facts

Type
2-bed apartment
Size
1,216 sqft
Floor
2nd of 6
Parking
nan
Service charge
AED 21,500 /yr
Last sold
AED 2.01M · December 2023
Building
Al Nakheel 1

About 211, Al Nakheel 1

211 is a two-bedroom apartment of 1,216 sqft on the 2nd floor of Al Nakheel 1, a 6-storey tower in The Greens. It last sold on 14 December 2023 for AED 2,010,000, or AED 1,652 per sqft, 39% above the AED 1,189 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 14 December 2022, is AED 100,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 21,500 a year.

Sales and rents for 211 over time

Sales
Unit 211, each saleTypical two-bed in Al Nakheel 1
1M2M2008201320182023Typical sale price by year: 2008 AED 637,800; 2009 AED 650,000; 2010 AED 900,000; 2011 AED 1,350,000; 2023 AED 1,675,000Sold by developer, March 2009: AED 650,000 (AED 400 per sqft)Sold, December 2023: AED 2,010,000 (AED 1,652 per sqft)

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

Rents
Unit 211, each contractTypical two-bed in Al Nakheel 1
100K150K2013201720212025Typical rent by year: 2013 AED 110,000; 2014 AED 145,000; 2015 AED 130,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 106,000; 2019 AED 105,000; 2021 AED 87,500; 2022 AED 100,000; 2023 AED 105,000; 2024 AED 113,500; 2025 AED 130,000New contract, October 2013: AED 106,500 a yearNew contract, November 2014: AED 150,000 a yearNew contract, December 2017: AED 125,000 a yearRenewal, December 2018: AED 125,000 a yearRenewal, December 2019: AED 115,000 a yearRenewal, December 2021: AED 100,000 a yearRenewal, December 2022: AED 100,000 a year

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 211 sits

All 14 2-beds →

211 last sold in December 2023 at AED 1,652 per sqft, 39% above what two-beds in Al Nakheel 1 were fetching at the time (AED 1,189).

Recent 2-bed salesUnit no.Price (AED)Summary
1 Dec 20231,663,000
26 Oct 20231,675,000
29 Sep 20221,025,000
17 Jan 20221,400,000
0 2-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 2nd floor

All 53 units in Al Nakheel 1
Value
2012-bedAED 2.25M · Jun 2014
2023-bedAED 1.95M · Oct 2017
2033-bedAED 690K · Apr 2008
2042-bedAED 1.55M · Mar 2018
2051-bedAED 930K · Feb 2013
2063-bedAED 2.12M · Nov 2015
2071-bedAED 1.2M · Apr 2015
1–7 of 11

211, Al Nakheel 1 in numbers

  • Sold twice: first on 23 March 2009 for AED 650,000, last on 14 December 2023 for AED 2,010,000 (AED 1,652 per sqft).
  • Rented since October 2013 on 7 Ejari contracts, from AED 106,500 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 21,500 a year (AED 17.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 14 December 2023.

Questions about 211, Al Nakheel 1

What did unit 211 last sell for?

AED 2,010,000 on 14 December 2023: AED 1,652 per sqft for 1,216 sqft. The unit has 2 registered sales; the first was AED 650,000 in March 2009.

What is the rent for unit 211?

AED 100,000 a year on the contract renewed on 14 December 2022. The previous contract, from December 2021, was AED 100,000; the unit has been rented since October 2013.

How big is unit 211?

1,216 sqft (113.0 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 211 worth today?

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

Selling 211? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 211, Al Nakheel 1

Starts from the last sale price (AED 2.01M, 14 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,010,000
Deposit, UAE resident (20%)
AED 402,000
Deposit, non-resident (40%)
AED 804,000
Monthly over 25 years at 3.7%
AED 8,224

Plus AED 89,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →