2-bed · 1,518 sqftAl Nakheel 2, The Greens · 1st floor

104, Al Nakheel 2

Sold prices and rental history: sold 5 times, last in June 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 1.9M3 June 2024
Current rentAED 40K /yr15 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Al Nakheel 2

What is 104 worth today?

Last sold for AED 1,900,000 in 2024

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3 Jun 2024SoldReady
AED 1,900,000AED 1,251 per sqft
15 Sep 2020RentedRenewal
AED 40,000/yr13 months · AED 26 per sqft
15 Sep 2019RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
12 Apr 2017SoldReady
AED 1,500,000AED 988 per sqft
28 Apr 2015SoldReady
AED 1,825,000AED 1,202 per sqft
1 Jun 2013RentedNew contract
AED 105,000/yr12 months · AED 69 per sqft
1 Jun 2012RentedNew contract
AED 105,000/yr12 months · AED 69 per sqft
18 Jan 2009Sold by developerReady
AED 695,800AED 458 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 June 2024.

Key facts

Type
2-bed apartment
Size
1,518 sqft
Floor
1st of 6
Parking
nan
Service charge
AED 26,800 /yr
Last sold
AED 1.9M · June 2024
Building
Al Nakheel 2

About 104, Al Nakheel 2

104 is a two-bedroom apartment of 1,518 sqft on the 1st floor of Al Nakheel 2, a 6-storey tower in The Greens. It last sold on 3 June 2024 for AED 1,900,000, or AED 1,251 per sqft, 13% above the AED 1,109 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 15 September 2020, is AED 40,000 a year: a gross yield of 2.1% on the 2024 price, before the service charge of about AED 26,800 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical two-bed in Al Nakheel 2
1M2M2007201220172022Typical sale price by year: 2007 AED 715,800; 2008 AED 705,800; 2012 AED 1,100,000; 2016 AED 1,815,000; 2023 AED 1,627,500Sold by developer, January 2009: AED 695,800 (AED 458 per sqft)Sold, January 2009: AED 2,350,000 (AED 1,548 per sqft)Sold, April 2015: AED 1,825,000 (AED 1,202 per sqft)Sold, April 2017: AED 1,500,000 (AED 988 per sqft)Sold, June 2024: AED 1,900,000 (AED 1,251 per sqft)

104 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 104, each contractTypical two-bed in Al Nakheel 2
100K2012201620202024Typical rent by year: 2013 AED 110,000; 2014 AED 115,000; 2015 AED 120,000; 2016 AED 138,804; 2017 AED 130,000; 2018 AED 125,000; 2019 AED 110,000; 2020 AED 99,000; 2021 AED 91,500; 2022 AED 93,500; 2023 AED 125,000; 2024 AED 153,000; 2025 AED 166,000New contract, June 2012: AED 105,000 a yearNew contract, June 2013: AED 105,000 a yearNew contract, September 2019: AED 60,000 a yearRenewal, September 2020: AED 40,000 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 2, and where 104 sits

All 12 2-beds →

104 last sold in June 2024 at AED 1,251 per sqft, 13% above what two-beds in Al Nakheel 2 were fetching at the time (AED 1,109).

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jul 20252,150,000
20 May 20252,300,000
6 May 20241,900,000
17 Nov 20231,800,000
0 2-bed sales in the last 12 months

Al Nakheel 2

Building

53 apartments, 1-bed to 3-bed over 6 floors in The Greens. 1 sold in the last 12 months.

Typical price per sqft
AED 1,488
Typical sale
AED 2.46M
Typical rent
AED 178K /yr
Typical yield
7.3%
Al Nakheel 2, The Greens: prices, sales and rents →

Other units on the 1st floor

All 53 units in Al Nakheel 2
Value
1012-bedAED 1.82M · Jun 2016
102AED 2.65M · Sep 2025
103AED 3.15M · Aug 2025
1051-bedAED 820K · Aug 2021
1063-bedAED 700K · Mar 2008
1071-bedAED 1.02M · Apr 2013
1081-bedAED 1.18M · Jun 2025
1–7 of 11

104, Al Nakheel 2 in numbers

  • Sold 5 times: first on 18 January 2009 for AED 2,350,000, last on 3 June 2024 for AED 1,900,000 (AED 1,251 per sqft).
  • Rented since June 2012 on 4 Ejari contracts, from AED 105,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 2.1%, before a service charge of about AED 26,800 a year (AED 17.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 3 June 2024.

Questions about 104, Al Nakheel 2

What did unit 104 last sell for?

AED 1,900,000 on 3 June 2024: AED 1,251 per sqft for 1,518 sqft. The unit has 5 registered sales; the first was AED 2,350,000 in January 2009.

What is the rent for unit 104?

AED 40,000 a year on the contract renewed on 15 September 2020. The previous contract, from September 2019, was AED 60,000; the unit has been rented since June 2012.

How big is unit 104?

1,518 sqft (141.0 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 104 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 104, Al Nakheel 2

Starts from the last sale price (AED 1.9M, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →