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

204, Al Nakheel 2

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

Unit 204 · DLD and Ejari recordsUpdated 3 May 2025
Last soldAED 706K22 May 2008
Current rentAED 170K /yr3 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Al Nakheel 2

What is 204 worth today?

Last sold for AED 705,800 in 2008

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3 May 2025RentedRenewal
AED 170,000/yr12 months · AED 112 per sqft
3 May 2024RentedNew contract
AED 170,000/yr12 months · AED 112 per sqft
1 Apr 2023RentedRenewal
AED 99,000/yr12 months · AED 65 per sqft
1 Apr 2022RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
1 Apr 2021RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft
6 Aug 2020RentedRenewal
AED 105,000/yr12 months · AED 69 per sqft
6 Aug 2019RentedRenewal
AED 115,000/yr12 months · AED 76 per sqft
6 Aug 2018RentedRenewal
AED 125,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 3 May 2025.

Key facts

Type
2-bed apartment
Size
1,518 sqft
Floor
2nd of 6
Parking
nan
Service charge
AED 26,800 /yr
Last sold
AED 706K · May 2008
Building
Al Nakheel 2

About 204, Al Nakheel 2

204 is a two-bedroom apartment of 1,518 sqft on the 2nd floor of Al Nakheel 2, a 6-storey tower in The Greens. The developer sold it on 22 May 2008 for AED 705,800, or AED 465 per sqft, in line with the AED 471 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 3 May 2025, is AED 170,000 a year: a gross yield of 24.1% on the 2008 price, before the service charge of about AED 26,800 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, May 2008: AED 705,800 (AED 465 per sqft)

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

Rents
Unit 204, 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, July 2013: AED 130,000 a yearRenewal, July 2014: AED 143,000 a yearRenewal, July 2015: AED 150,150 a yearNew contract, August 2016: AED 155,000 a yearNew contract, August 2017: AED 130,000 a yearRenewal, August 2018: AED 125,000 a yearRenewal, August 2019: AED 115,000 a yearRenewal, August 2020: AED 105,000 a yearNew contract, April 2021: AED 80,000 a yearRenewal, April 2022: AED 90,000 a yearRenewal, April 2023: AED 99,000 a yearNew contract, May 2024: AED 170,000 a yearRenewal, May 2025: AED 170,000 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 204 sits

All 12 2-beds →

204 last sold in May 2008 at AED 465 per sqft, in line with what two-beds in Al Nakheel 2 were fetching at the time (AED 471).

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 2nd floor

All 53 units in Al Nakheel 2
Value
201AED 2.38M · Sep 2025
2023-bedAED 2.35M · Jul 2024
2033-bedAED 1.28M · Dec 2019
2051-bedAED 794K · Jul 2008
2063-bedAED 2.46M · Feb 2026
2071-bedAED 600K · Oct 2011
2081-bedAED 299K · Jul 2010
1–7 of 11

204, Al Nakheel 2 in numbers

  • Sold once: by the developer on 22 May 2008 for AED 705,800, or AED 465 per sqft.
  • Rented since July 2013 on 13 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2021 and recovered to AED 170,000 by May 2025.
  • At AED 170,000 a year the gross yield on the 2008 price is 24.1%, before a service charge of about AED 26,800 a year (AED 17.68 per sqft).

Source: Dubai Land Department. Updated 3 May 2025.

Questions about 204, Al Nakheel 2

What did unit 204 last sell for?

AED 705,800 on 22 May 2008, sold by the developer: AED 465 per sqft for 1,518 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 170,000 a year on the contract renewed on 3 May 2025. The previous contract, from May 2024, was AED 170,000; the unit has been rented since July 2013.

How big is unit 204?

1,518 sqft (141.0 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 204 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 204, Al Nakheel 2

Starts from the last sale price (AED 706K, 22 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 705,800
Deposit, UAE resident (20%)
AED 141,160
Deposit, non-resident (40%)
AED 282,320
Monthly over 25 years at 3.7%
AED 2,888

Plus AED 34,654 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →