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3-bed · 1,653 sqftAl Nakheel 3, The Greens · 2nd floor

206, Al Nakheel 3

Sold prices and rental history: sold 3 times, last in February 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 20 July 2024
Last soldAED 1.35M4 February 2019
Current rentAED 10K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Al Nakheel 3

What is 206 worth today?

Last sold for AED 1,350,000 in 2019

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20 Jul 2024RentedNew contract · flagged as an outlier
AED 10,000/yr12 months · AED 6 per sqft
1 Mar 2023RentedRenewal
AED 130,375/yr12 months · AED 79 per sqft
1 Mar 2022RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
1 Mar 2021RentedRenewal
AED 100,000/yr12 months · AED 60 per sqft
1 Mar 2020RentedNew contract
AED 105,000/yr12 months · AED 63 per sqft
5 Feb 2019RentedNew contract
AED 120,000/yr12 months · AED 72 per sqft
4 Feb 2019SoldReady
AED 1,350,000AED 816 per sqft
30 Jan 2019RentedNew contract
AED 120,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 20 July 2024.

Key facts

Type
3-bed apartment
Size
1,653 sqft
Floor
2nd of 6
Parking
nan
Service charge
AED 29,200 /yr
Last sold
AED 1.35M · February 2019
Building
Al Nakheel 3

About 206, Al Nakheel 3

206 is a three-bedroom apartment of 1,653 sqft on the 2nd floor of Al Nakheel 3, a 6-storey tower in The Greens. It last sold on 4 February 2019 for AED 1,350,000, or AED 816 per sqft, in line with the AED 821 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 20 July 2024, is AED 10,000 a year: a gross yield of 0.7% on the 2019 price, before the service charge of about AED 29,200 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, July 2008: AED 640,800 (AED 387 per sqft)Sold, July 2008: AED 2,000,000 (AED 1,210 per sqft)Sold, February 2019: AED 1,350,000 (AED 816 per sqft)

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

Rents
Unit 206, 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 160,037New contract, October 2013: AED 160,000 a yearNew contract, November 2016: AED 150,000 a yearRenewal, November 2017: AED 150,000 a yearNew contract, January 2019: AED 120,000 a yearNew contract, February 2019: AED 120,000 a yearNew contract, March 2020: AED 105,000 a yearRenewal, March 2021: AED 100,000 a yearNew contract, March 2022: AED 110,000 a yearRenewal, March 2023: AED 130,375 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 206 sits

All 22 3-beds →

206 last sold in February 2019 at AED 816 per sqft, in line with what three-beds in Al Nakheel 3 were fetching at the time (AED 821).

Recent 3-bed salesUnit no.Price (AED)Summary
17 Dec 20242,480,000
5 Jul 20242,400,000
20 May 20243,500,000
15 Nov 20222,450,000
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
2033-bedAED 2.48M · Dec 2024
2042-bedAED 1.23M · Mar 2014
2051-bedAED 1.46M · Feb 2025
2071-bedAED 1.45M · Aug 2024
2081-bedAED 299K · Aug 2007
1–7 of 11

206, Al Nakheel 3 in numbers

  • Sold 3 times: first on 1 July 2008 for AED 2,000,000, last on 4 February 2019 for AED 1,350,000 (AED 816 per sqft).
  • Rented since October 2013 on 10 Ejari contracts, from AED 160,000 to AED 10,000 a year.
  • At AED 10,000 a year the gross yield on the 2019 price is 0.7%, before a service charge of about AED 29,200 a year (AED 17.68 per sqft).

Source: Dubai Land Department. Updated 20 July 2024.

Questions about 206, Al Nakheel 3

What did unit 206 last sell for?

AED 1,350,000 on 4 February 2019: AED 816 per sqft for 1,653 sqft. The unit has 3 registered sales; the first was AED 2,000,000 in July 2008.

What is the rent for unit 206?

AED 10,000 a year on the contract signed on 20 July 2024. The previous contract, from March 2023, was AED 130,375; the unit has been rented since October 2013.

How big is unit 206?

1,653 sqft (153.6 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 206 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 206, Al Nakheel 3

Starts from the last sale price (AED 1.35M, 4 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →