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

303, Al Nakheel 1

Sold prices and rental history: sold once, by the developer in January 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 18 April 2025
Last soldAED 697K28 January 2008
Current rentAED 181K /yr18 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Al Nakheel 1

What is 303 worth today?

Last sold for AED 696,800 in 2008

Unlock today's estimate, updated daily, with

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

18 Apr 2025RentedRenewal
AED 181,463/yr12 months · AED 110 per sqft
23 Jul 2022RentedNew contract
AED 130,000/yr12 months · AED 79 per sqft
18 Jul 2021RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
18 Jul 2019RentedRenewal
AED 120,000/yr12 months · AED 73 per sqft
18 Jul 2018RentedNew contract
AED 130,000/yr12 months · AED 79 per sqft
1 May 2017RentedRenewal
AED 155,000/yr12 months · AED 94 per sqft
25 May 2015RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft
25 May 2014RentedNew contract
AED 130,000/yr12 months · AED 79 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 April 2025.

Key facts

Type
3-bed apartment
Size
1,650 sqft
Floor
3rd of 6
Parking
nan
Service charge
AED 29,200 /yr
Last sold
AED 697K · January 2008
Building
Al Nakheel 1

About 303, Al Nakheel 1

303 is a three-bedroom apartment of 1,650 sqft on the 3rd floor of Al Nakheel 1, a 6-storey tower in The Greens. The developer sold it on 28 January 2008 for AED 696,800, or AED 422 per sqft, 105% above the AED 206 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 18 April 2025, is AED 181,463 a year: a gross yield of 26.0% on the 2008 price, before the service charge of about AED 29,200 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, January 2008: AED 696,800 (AED 422 per sqft)

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

Rents
Unit 303, 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 2013: AED 115,000 a yearNew contract, May 2014: AED 130,000 a yearNew contract, May 2015: AED 140,000 a yearRenewal, May 2017: AED 155,000 a yearNew contract, July 2018: AED 130,000 a yearRenewal, July 2019: AED 120,000 a yearRenewal, July 2021: AED 100,000 a yearNew contract, July 2022: AED 130,000 a yearRenewal, April 2025: AED 181,463 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 303 sits

All 22 3-beds →

303 last sold in January 2008 at AED 422 per sqft, 105% above what three-beds in Al Nakheel 1 were fetching at the time (AED 206). 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 3rd floor

All 53 units in Al Nakheel 1
Value
3012-bedAED 1.58M · Jun 2010
3023-bedAED 1.8M · Jan 2017
3042-bedAED 1M · Oct 2017
3051-bedAED 1.3M · May 2024
3063-bedAED 646K · Jun 2010
3071-bedAED 1.1M · Oct 2023
3081-bedAED 635K · Jul 2022
1–7 of 11

303, Al Nakheel 1 in numbers

  • Sold once: by the developer on 28 January 2008 for AED 696,800, or AED 422 per sqft.
  • Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 100,000 in 2021 and recovered to AED 181,463 by April 2025.
  • At AED 181,463 a year the gross yield on the 2008 price is 26.0%, 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 18 April 2025.

Questions about 303, Al Nakheel 1

What did unit 303 last sell for?

AED 696,800 on 28 January 2008, sold by the developer: AED 422 per sqft for 1,650 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 181,463 a year on the contract renewed on 18 April 2025. The previous contract, from July 2022, was AED 130,000; the unit has been rented since May 2013.

How big is unit 303?

1,650 sqft (153.3 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 303 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.

Selling 303? 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 303, Al Nakheel 1

Starts from the last sale price (AED 697K, 28 January 2008). Switch to today's estimate once you have unlocked it.
Price
AED 696,800
Deposit, UAE resident (20%)
AED 139,360
Deposit, non-resident (40%)
AED 278,720
Monthly over 25 years at 3.7%
AED 2,851

Plus AED 34,276 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →