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3-bed · 2,065 sqftAl Nakheel 1, The Greens · 3rd floor

309, Al Nakheel 1

Sold prices and rental history: sold 3 times, last in March 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 7 February 2025
Last soldAED 2.75M13 March 2014
Current rentAED 240K /yr7 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Al Nakheel 1

What is 309 worth today?

Last sold for AED 2,750,000 in 2014

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7 Feb 2025RentedRenewal
AED 240,000/yr12 months · AED 117 per sqft
7 Feb 2024RentedRenewal
AED 240,000/yr12 months · AED 116 per sqft
13 Mar 2014SoldReady
AED 2,750,000AED 1,331 per sqft
7 Mar 2013RentedNew contract
AED 130,000/yr12 months · AED 63 per sqft
29 Apr 2008Sold by developerReady
AED 873,800AED 423 per sqft
29 Apr 2008SoldReady
AED 2,500,000AED 1,210 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 February 2025.

Key facts

Type
3-bed apartment
Size
2,065 sqft
Floor
3rd of 6
Parking
nan
Service charge
AED 36,500 /yr
Last sold
AED 2.75M · March 2014
Building
Al Nakheel 1

About 309, Al Nakheel 1

309 is a three-bedroom apartment of 2,065 sqft on the 3rd floor of Al Nakheel 1, a 6-storey tower in The Greens. It last sold on 13 March 2014 for AED 2,750,000, or AED 1,331 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 7 February 2025, is AED 240,000 a year: a gross yield of 8.7% on the 2014 price, before the service charge of about AED 36,500 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical three-bed in Al Nakheel 1
2M2008201220162020Typical 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, April 2008: AED 873,800 (AED 423 per sqft)Sold, April 2008: AED 2,500,000 (AED 1,210 per sqft)Sold, March 2014: AED 2,750,000 (AED 1,331 per sqft)

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

Rents
Unit 309, each contractTypical three-bed in Al Nakheel 1
100K200K2012201620202024Typical 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, March 2013: AED 130,000 a yearRenewal, February 2024: AED 240,000 a yearRenewal, February 2025: AED 240,000 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 309 sits

All 22 3-beds →

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
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

309, Al Nakheel 1 in numbers

  • Sold 3 times: first on 29 April 2008 for AED 2,500,000, last on 13 March 2014 for AED 2,750,000 (AED 1,331 per sqft).
  • Rented since March 2013 on 3 Ejari contracts, from AED 130,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2014 price is 8.7%, before a service charge of about AED 36,500 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 7 February 2025.

Questions about 309, Al Nakheel 1

What did unit 309 last sell for?

AED 2,750,000 on 13 March 2014: AED 1,331 per sqft for 2,065 sqft. The unit has 3 registered sales; the first was AED 2,500,000 in April 2008.

What is the rent for unit 309?

AED 240,000 a year on the contract renewed on 7 February 2025. The previous contract, from February 2024, was AED 240,000; the unit has been rented since March 2013.

How big is unit 309?

2,065 sqft (191.8 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 309 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 309, Al Nakheel 1

Starts from the last sale price (AED 2.75M, 13 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

Plus AED 120,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →