3-bed · 1,650 sqftAl Nakheel 3, The Greens · 2nd floor

203, Al Nakheel 3

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 17 December 2024
Last soldAED 2.48M17 December 2024
Current rentAED 160K /yr8 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Al Nakheel 3

What is 203 worth today?

Last sold for AED 2,480,000 in 2024

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17 Dec 2024SoldReady
AED 2,480,000AED 1,503 per sqft
8 Dec 2024RentedRenewal
AED 160,000/yr12 months · AED 97 per sqft
8 Dec 2023RentedRenewal
AED 150,000/yr12 months · AED 91 per sqft
7 Dec 2021RentedNew contract
AED 105,000/yr12 months · AED 64 per sqft
1 Nov 2020RentedNew contract
AED 84,000/yr12 months · AED 51 per sqft
16 Dec 2018RentedNew contract
AED 135,000/yr8 months · AED 82 per sqft
16 Jul 2017RentedNew contract
AED 135,000/yr12 months · AED 82 per sqft
25 Jan 2017RentedRenewal
AED 160,000/yr12 months · AED 97 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 December 2024.

Key facts

Type
3-bed apartment
Size
1,650 sqft
Floor
2nd of 6
Parking
B-19
Service charge
AED 29,200 /yr
Last sold
AED 2.48M · December 2024
Building
Al Nakheel 3

About 203, Al Nakheel 3

203 is a three-bedroom apartment of 1,650 sqft on the 2nd floor of Al Nakheel 3, a 6-storey tower in The Greens. It last sold on 17 December 2024 for AED 2,480,000, or AED 1,503 per sqft, in line with the AED 1,503 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 8 December 2024, is AED 160,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 29,200 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical three-bed in Al Nakheel 3
1M2M2007201220172022Typical sale price by year: 2007 AED 863,800; 2008 AED 1,522,500; 2009 AED 674,300; 2010 AED 962,500; 2012 AED 1,450,000; 2013 AED 1,667,500; 2014 AED 1,750,000; 2019 AED 1,710,000; 2022 AED 2,200,000; 2024 AED 2,480,000Sold by developer, August 2008: AED 689,800 (AED 418 per sqft)Sold, September 2013: AED 2,100,000 (AED 1,273 per sqft)Sold, December 2024: AED 2,480,000 (AED 1,503 per sqft)

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

Rents
Unit 203, each contractTypical three-bed in Al Nakheel 3
100K150K2013201720212025Typical rent by year: 2013 AED 142,500; 2014 AED 156,500; 2015 AED 177,500; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 149,799; 2019 AED 120,000; 2020 AED 107,500; 2021 AED 112,500; 2022 AED 124,869; 2023 AED 127,688; 2024 AED 147,500; 2025 AED 160,037Renewal, January 2016: AED 160,000 a yearRenewal, January 2017: AED 160,000 a yearNew contract, July 2017: AED 135,000 a yearNew contract, December 2018: AED 135,000 a yearNew contract, November 2020: AED 84,000 a yearNew contract, December 2021: AED 105,000 a yearRenewal, December 2023: AED 150,000 a yearRenewal, December 2024: AED 160,000 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 3, and where 203 sits

All 22 3-beds →

203 last sold in December 2024 at AED 1,503 per sqft, in line with what three-beds in Al Nakheel 3 were fetching at the time (AED 1,503).

Recent 3-bed salesUnit no.Price (AED)Summary
5 Jul 20242,400,000
20 May 20243,500,000
15 Nov 20222,450,000
5 Sep 20222,200,000
0 3-bed sales in the last 12 months

Al Nakheel 3

Building

52 apartments, 1-bed to 3-bed over 6 floors in The Greens. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 135K /yr
Typical yield
Al Nakheel 3, The Greens: prices, sales and rents →

Other units on the 2nd floor

All 52 units in Al Nakheel 3
Value
2012-bedAED 2.49M · Jul 2025
2023-bedAED 2.4M · Jul 2024
2042-bedAED 1.23M · Mar 2014
2051-bedAED 1.46M · Feb 2025
2063-bedAED 1.35M · Feb 2019
2071-bedAED 1.45M · Aug 2024
2081-bedAED 299K · Aug 2007
1–7 of 11

203, Al Nakheel 3 in numbers

  • Sold 3 times: first on 12 August 2008 for AED 689,800, last on 17 December 2024 for AED 2,480,000 (AED 1,503 per sqft).
  • Rented since January 2016 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 84,000 in 2020 and recovered to AED 160,000 by December 2024.
  • At AED 160,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 29,200 a year (AED 17.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 17 December 2024.

Questions about 203, Al Nakheel 3

What did unit 203 last sell for?

AED 2,480,000 on 17 December 2024: AED 1,503 per sqft for 1,650 sqft. The unit has 3 registered sales; the first was AED 689,800 in August 2008.

What is the rent for unit 203?

AED 160,000 a year on the contract renewed on 8 December 2024. The previous contract, from December 2023, was AED 150,000; the unit has been rented since January 2016.

How big is unit 203?

1,650 sqft (153.3 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 203 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 203, Al Nakheel 3

Starts from the last sale price (AED 2.48M, 17 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,480,000
Deposit, UAE resident (20%)
AED 496,000
Deposit, non-resident (40%)
AED 992,000
Monthly over 25 years at 3.7%
AED 10,146

Plus AED 109,170 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →