2-bed · 1,408 sqftAl Nakheel 3, The Greens · 3rd floor

312, Al Nakheel 3

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 12 March 2023
Last soldAED 556K1 July 2010
Current rentAED 85K /yr12 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Al Nakheel 3

What is 312 worth today?

Last sold for AED 555,800 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Mar 2023RentedRenewal
AED 85,000/yr12 months · AED 60 per sqft
12 Mar 2022RentedRenewal
AED 85,000/yr12 months · AED 60 per sqft
12 Mar 2019RentedNew contract
AED 105,000/yr12 months · AED 74 per sqft
12 Mar 2013RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
1 Jul 2010Sold by developerReady
AED 555,800AED 394 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 March 2023.

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
3rd of 6
Parking
nan
Service charge
AED 24,900 /yr
Last sold
AED 556K · July 2010
Building
Al Nakheel 3

About 312, Al Nakheel 3

312 is a two-bedroom apartment of 1,408 sqft on the 3rd floor of Al Nakheel 3, a 6-storey tower in The Greens. The developer sold it on 1 July 2010 for AED 555,800, or AED 394 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 12 March 2023, is AED 85,000 a year: a gross yield of 15.3% on the 2010 price, before the service charge of about AED 24,900 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical two-bed in Al Nakheel 3
500K1M1.5M20072011201520192023Typical sale price by year: 2007 AED 957,900; 2008 AED 637,800; 2010 AED 641,800; 2022 AED 1,412,500Sold by developer, July 2010: AED 555,800 (AED 394 per sqft)

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

Rents
Unit 312, each contractTypical two-bed in Al Nakheel 3
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 104,470; 2014 AED 145,000; 2015 AED 130,000; 2016 AED 141,000; 2017 AED 130,000; 2018 AED 112,000; 2019 AED 100,000; 2020 AED 88,000; 2021 AED 84,000; 2022 AED 96,000; 2023 AED 107,300; 2024 AED 125,000; 2025 AED 127,875New contract, March 2013: AED 90,000 a yearNew contract, March 2019: AED 105,000 a yearRenewal, March 2022: AED 85,000 a yearRenewal, March 2023: AED 85,000 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 3, and where 312 sits

All 12 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
21 Jul 20252,487,500
4 Nov 20221,600,000
23 Jun 20221,450,000
15 Apr 2022626,000
0 2-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 3rd floor

All 52 units in Al Nakheel 3
Value
3012-bedAED 646K · Jul 2007
3033-bedAED 348K · Jan 2008
3042-bedAED 1.45M · Jun 2022
3051-bedAED 935K · Feb 2009
3063-bedAED 1.79M · Mar 2013
3071-bedAED 880K · Sep 2021
3081-bedAED 1.17M · Jan 2015
1–7 of 10

312, Al Nakheel 3 in numbers

  • Sold once: by the developer on 1 July 2010 for AED 555,800, or AED 394 per sqft.
  • Rented since March 2013 on 4 Ejari contracts, from AED 90,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2010 price is 15.3%, before a service charge of about AED 24,900 a year (AED 17.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 12 March 2023.

Questions about 312, Al Nakheel 3

What did unit 312 last sell for?

AED 555,800 on 1 July 2010, sold by the developer: AED 394 per sqft for 1,408 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 85,000 a year on the contract renewed on 12 March 2023. The previous contract, from March 2022, was AED 85,000; the unit has been rented since March 2013.

How big is unit 312?

1,408 sqft (130.8 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 312 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 312? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 312, Al Nakheel 3

Starts from the last sale price (AED 556K, 1 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 555,800
Deposit, UAE resident (20%)
AED 111,160
Deposit, non-resident (40%)
AED 222,320
Monthly over 25 years at 3.7%
AED 2,274

Plus AED 28,354 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →