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1-bed · 680 sqftAl Nakheel 1, The Greens · 3rd floor

308, Al Nakheel 1

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 25 July 2025
Last soldAED 635K1 July 2022
Current rentAED 80K /yr25 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Al Nakheel 1

What is 308 worth today?

Last sold for AED 635,000 in 2022

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25 Jul 2025RentedNew contract
AED 80,000/yr12 months · AED 118 per sqft
1 Aug 2024RentedNew contract
AED 80,000/yr12 months · AED 118 per sqft
1 Aug 2023RentedRenewal
AED 70,000/yr12 months · AED 103 per sqft
1 Jul 2022SoldReady
AED 635,000AED 933 per sqft
1 Aug 2021RentedRenewal
AED 60,000/yr12 months · AED 88 per sqft
1 Aug 2020RentedNew contract
AED 63,000/yr12 months · AED 93 per sqft
9 Dec 2019RentedRenewal
AED 64,500/yr12 months · AED 95 per sqft
9 Dec 2018RentedRenewal
AED 70,000/yr12 months · AED 103 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 July 2025.

Key facts

Type
1-bed apartment
Size
680 sqft
Floor
3rd of 6
Parking
nan
Service charge
AED 12,000 /yr
Last sold
AED 635K · July 2022
Building
Al Nakheel 1

About 308, Al Nakheel 1

308 is a one-bedroom apartment of 680 sqft on the 3rd floor of Al Nakheel 1, a 6-storey tower in The Greens. It last sold on 1 July 2022 for AED 635,000, or AED 933 per sqft.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 25 July 2025, is AED 80,000 a year: a gross yield of 12.6% on the 2022 price, before the service charge of about AED 12,000 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Al Nakheel 1
600K800K2008201220162020Typical sale price by year: 2008 AED 725,000; 2010 AED 605,000Sold by developer, June 2010: AED 913,000 (AED 1,342 per sqft)Sold, June 2014: AED 800,000 (AED 1,176 per sqft)Sold, July 2022: AED 635,000 (AED 933 per sqft)

308 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 308, each contractTypical one-bed in Al Nakheel 1
60K80K100K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 77,500; 2015 AED 83,500; 2016 AED 88,500; 2017 AED 77,000; 2019 AED 66,000; 2020 AED 59,000; 2021 AED 55,000; 2022 AED 61,000; 2023 AED 63,000; 2024 AED 95,000; 2025 AED 93,000New contract, August 2014: AED 89,500 a yearRenewal, August 2016: AED 85,000 a yearNew contract, December 2017: AED 75,000 a yearRenewal, December 2018: AED 70,000 a yearRenewal, December 2019: AED 64,500 a yearNew contract, August 2020: AED 63,000 a yearRenewal, August 2021: AED 60,000 a yearRenewal, August 2023: AED 70,000 a yearNew contract, August 2024: AED 80,000 a yearNew contract, July 2025: AED 80,000 a year

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

1-beds in Al Nakheel 1, and where 308 sits

All 10 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
21 May 20251,400,000
28 May 20241,300,000
17 Oct 20231,100,000
28 Jun 20171,050,000
0 1-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
3033-bedAED 697K · Jan 2008
3042-bedAED 1M · Oct 2017
3051-bedAED 1.3M · May 2024
3063-bedAED 646K · Jun 2010
3071-bedAED 1.1M · Oct 2023
1–7 of 11

308, Al Nakheel 1 in numbers

  • Sold 3 times: first on 24 June 2010 for AED 913,000, last on 1 July 2022 for AED 635,000 (AED 933 per sqft).
  • Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 89,500 to AED 60,000 in 2021 and recovered to AED 80,000 by July 2025.
  • At AED 80,000 a year the gross yield on the 2022 price is 12.6%, before a service charge of about AED 12,000 a year (AED 17.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 25 July 2025.

Questions about 308, Al Nakheel 1

What did unit 308 last sell for?

AED 635,000 on 1 July 2022: AED 933 per sqft for 680 sqft. The unit has 3 registered sales; the first was AED 913,000 in June 2010.

What is the rent for unit 308?

AED 80,000 a year on the contract signed on 25 July 2025. The previous contract, from August 2024, was AED 80,000; the unit has been rented since August 2014.

How big is unit 308?

680 sqft (63.2 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 308 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 308, Al Nakheel 1

Starts from the last sale price (AED 635K, 1 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 635,000
Deposit, UAE resident (20%)
AED 127,000
Deposit, non-resident (40%)
AED 254,000
Monthly over 25 years at 3.7%
AED 2,598

Plus AED 31,680 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →