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2-bed · 1,622 sqftAl Nakheel 2, The Greens · 1st floor

111, Al Nakheel 2

Sold prices and rental history: sold 4 times, last in November 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 29 November 2018
Last soldAED 1.48M29 November 2018
Current rentAED 80K /yr1 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 111, Al Nakheel 2

What is 111 worth today?

Last sold for AED 1,475,000 in 2018

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29 Nov 2018SoldReady
AED 1,475,000AED 909 per sqft
1 Dec 2016RentedNew contract
AED 80,000/yr24 months · AED 49 per sqft
9 Dec 2015SoldReady
AED 1,750,000AED 1,079 per sqft
13 Feb 2014RentedNew contract
AED 79,763/yr12 months · AED 49 per sqft
4 Oct 2007SoldReady
AED 1,600,000AED 986 per sqft
16 Jul 2007Sold by developerReady
AED 637,800AED 393 per sqft

Source: Dubai Land Department. Updated 29 November 2018.

Key facts

Type
2-bed apartment
Size
1,622 sqft
Floor
1st of 6
Parking
nan
Service charge
AED 28,700 /yr
Last sold
AED 1.48M · November 2018
Building
Al Nakheel 2

About 111, Al Nakheel 2

111 is a two-bedroom apartment of 1,622 sqft on the 1st floor of Al Nakheel 2, a 6-storey tower in The Greens. It last sold on 29 November 2018 for AED 1,475,000, or AED 909 per sqft.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 1 December 2016, is AED 80,000 a year: a gross yield of 5.4% on the 2018 price, before the service charge of about AED 28,700 a year.

Sales and rents for 111 over time

Sales
Unit 111, 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, July 2007: AED 637,800 (AED 393 per sqft)Sold, October 2007: AED 1,600,000 (AED 986 per sqft)Sold, December 2015: AED 1,750,000 (AED 1,079 per sqft)Sold, November 2018: AED 1,475,000 (AED 909 per sqft)

111 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 111, each contractTypical two-bed in Al Nakheel 2
100K150K2013201720212025Typical 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, February 2014: AED 79,763 a yearNew contract, December 2016: AED 80,000 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 111 sits

All 12 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
21 Jul 20252,150,000
20 May 20252,300,000
3 Jun 20241,900,000
6 May 20241,900,000
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
1042-bedAED 1.9M · Jun 2024
1051-bedAED 820K · Aug 2021
1063-bedAED 700K · Mar 2008
1071-bedAED 1.02M · Apr 2013
1–7 of 11

111, Al Nakheel 2 in numbers

  • Sold 4 times: first on 16 July 2007 for AED 637,800, last on 29 November 2018 for AED 1,475,000 (AED 909 per sqft).
  • Rented since February 2014 on 2 Ejari contracts, from AED 79,763 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2018 price is 5.4%, before a service charge of about AED 28,700 a year (AED 17.68 per sqft).

Source: Dubai Land Department. Updated 29 November 2018.

Questions about 111, Al Nakheel 2

What did unit 111 last sell for?

AED 1,475,000 on 29 November 2018: AED 909 per sqft for 1,622 sqft. The unit has 4 registered sales; the first was AED 637,800 in July 2007.

What is the rent for unit 111?

AED 80,000 a year on the contract signed on 1 December 2016. The previous contract, from February 2014, was AED 79,763.

How big is unit 111?

1,622 sqft (150.7 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower.

What is unit 111 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 111, Al Nakheel 2

Starts from the last sale price (AED 1.48M, 29 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,000
Deposit, UAE resident (20%)
AED 295,000
Deposit, non-resident (40%)
AED 590,000
Monthly over 25 years at 3.7%
AED 6,035

Plus AED 66,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →