302, Al Nakheel 1
Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Al Nakheel 1
What is 302 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,652 sqft
- Floor
- 3rd of 6
- Parking
- nan
- Service charge
- AED 29,200 /yr
- Last sold
- AED 1.8M · January 2017
- Building
- Al Nakheel 1
About 302, Al Nakheel 1
302 is a three-bedroom apartment of 1,652 sqft on the 3rd floor of Al Nakheel 1, a 6-storey tower in The Greens. It last sold on 26 January 2017 for AED 1,800,000, or AED 1,089 per sqft, 13% above the AED 968 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 16 June 2024, is AED 170,000 a year: a gross yield of 9.4% on the 2017 price, before the service charge of about AED 29,200 a year.
Sales and rents for 302 over time
302 has sold twice; the dashed line is the three-bed median of each year in the building.
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 302 sits
All 22 3-beds →302 last sold in January 2017 at AED 1,089 per sqft, 13% above what three-beds in Al Nakheel 1 were fetching at the time (AED 968). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,652 sqft | 3,200,000 | 1,936 | ||
| 30 Jan 202630 January 2026 | 2,079 sqft | 3,700,000 | 1,780 | ||
| 5 Mar 20245 March 2024 | 1,652 sqft | 2,100,000 | 1,271 | ||
| 10 Aug 202110 August 2021 | 2,076 sqft | 1,900,000 | 915 |
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 3rd floor
All 53 units in Al Nakheel 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,617 sqft | AED 1.58MAED 1,580,000 · Jun 2010June 2010 | 170,000 /yr | |
| 303 | 3-bed | 1,650 sqft | AED 697KAED 696,800 · Jan 2008January 2008 | 181,463 /yr | |
| 304 | 2-bed | 1,518 sqft | AED 1MAED 1,000,000 · Oct 2017October 2017 | 125,000 /yr | |
| 305 | 1-bed | 926 sqft | AED 1.3MAED 1,300,000 · May 2024May 2024 | 100,000 /yr | |
| 306 | 3-bed | 1,653 sqft | AED 646KAED 645,800 · Jun 2010June 2010 | 125,000 /yr | |
| 307 | 1-bed | 985 sqft | AED 1.1MAED 1,100,000 · Oct 2023October 2023 | 62,000 /yr | |
| 308 | 1-bed | 680 sqft | AED 635KAED 635,000 · Jul 2022July 2022 | 80,000 /yr | |
| 309 | 3-bed | 2,065 sqft | AED 2.75MAED 2,750,000 · Mar 2014March 2014 | 240,000 /yr | |
| 310 | 3-bed | 2,070 sqft | AED 1.8MAED 1,800,000 · Jul 2021July 2021 | 112,000 /yr | |
| 311 | 2-bed | 1,622 sqft | AED 646KAED 645,800 · Jan 2008January 2008 | 115,500 /yr | |
| 312 | 2-bed | 1,408 sqft | AED 1.68MAED 1,675,000 · Oct 2023October 2023 | 98,175 /yr |
302, Al Nakheel 1 in numbers
- Sold twice: first on 29 December 2012 for AED 675,800, last on 26 January 2017 for AED 1,800,000 (AED 1,089 per sqft).
- Rented since September 2012 on 11 Ejari contracts. The rent fell from AED 115,000 to AED 90,000 in 2021 and recovered to AED 170,000 by June 2024.
- At AED 170,000 a year the gross yield on the 2017 price is 9.4%, 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 16 June 2024.
Questions about 302, Al Nakheel 1
What did unit 302 last sell for?
AED 1,800,000 on 26 January 2017: AED 1,089 per sqft for 1,652 sqft. The unit has 2 registered sales; the first was AED 675,800 in December 2012.
What is the rent for unit 302?
AED 170,000 a year on the contract signed on 16 June 2024. The previous contract, from May 2023, was AED 155,000; the unit has been rented since September 2012.
How big is unit 302?
1,652 sqft (153.5 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower.
What is unit 302 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 302, Al Nakheel 1
Starts from the last sale price (AED 1.8M, 26 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →