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3-bed · 2,076 sqftAl Nakheel 3, The Greens · 4th floor

409, Al Nakheel 3

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 21 October 2025
Last soldAED 884K7 March 2011
Current rentAED 128K /yr21 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Al Nakheel 3

What is 409 worth today?

Last sold for AED 883,800 in 2011

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21 Oct 2025RentedRenewal
AED 127,575/yr12 months · AED 61 per sqft
21 Oct 2024RentedRenewal
AED 121,500/yr12 months · AED 59 per sqft
21 Oct 2024RentedRenewal
AED 121,500/yr12 months · AED 58 per sqft
21 Oct 2023RentedRenewal
AED 113,500/yr12 months · AED 55 per sqft
21 Oct 2018RentedRenewal
AED 144,000/yr12 months · AED 69 per sqft
21 Oct 2016RentedRenewal
AED 148,500/yr12 months · AED 71 per sqft
21 Oct 2014RentedNew contract
AED 135,000/yr12 months · AED 65 per sqft
21 Oct 2012RentedNew contract
AED 113,400/yr12 months · AED 55 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 October 2025.

Key facts

Type
3-bed apartment
Size
2,076 sqft
Floor
4th of 6
Parking
nan
Service charge
AED 36,700 /yr
Last sold
AED 884K · March 2011
Building
Al Nakheel 3

About 409, Al Nakheel 3

409 is a three-bedroom apartment of 2,076 sqft on the 4th floor of Al Nakheel 3, a 6-storey tower in The Greens. The developer sold it on 7 March 2011 for AED 883,800, or AED 425 per sqft, 4% below the AED 444 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 21 October 2025, is AED 127,575 a year: a gross yield of 14.4% on the 2011 price, before the service charge of about AED 36,700 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, March 2011: AED 883,800 (AED 425 per sqft)

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

Rents
Unit 409, each contractTypical three-bed in Al Nakheel 3
100K150K2012201620202024Typical 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 2012: AED 113,400 a yearNew contract, October 2014: AED 135,000 a yearRenewal, October 2016: AED 148,500 a yearRenewal, October 2018: AED 144,000 a yearRenewal, October 2023: AED 113,500 a yearRenewal, October 2024: AED 121,500 a yearRenewal, October 2024: AED 121,500 a yearRenewal, October 2025: AED 127,575 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 409 sits

All 22 3-beds →

409 last sold in March 2011 at AED 425 per sqft, 4% below what three-beds in Al Nakheel 3 were fetching at the time (AED 444).

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 4th floor

All 52 units in Al Nakheel 3
Value
4103-bedAED 3.5M · May 2024

409, Al Nakheel 3 in numbers

  • Sold once: by the developer on 7 March 2011 for AED 883,800, or AED 425 per sqft.
  • Rented since October 2012 on 8 Ejari contracts, from AED 113,400 to AED 127,575 a year.
  • At AED 127,575 a year the gross yield on the 2011 price is 14.4%, before a service charge of about AED 36,700 a year (AED 17.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 21 October 2025.

Questions about 409, Al Nakheel 3

What did unit 409 last sell for?

AED 883,800 on 7 March 2011, sold by the developer: AED 425 per sqft for 2,076 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 127,575 a year on the contract renewed on 21 October 2025. The previous contract, from October 2024, was AED 121,500; the unit has been rented since October 2012.

How big is unit 409?

2,076 sqft (192.9 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower.

What is unit 409 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 409, Al Nakheel 3

Starts from the last sale price (AED 884K, 7 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 883,800
Deposit, UAE resident (20%)
AED 176,760
Deposit, non-resident (40%)
AED 353,520
Monthly over 25 years at 3.7%
AED 3,616

Plus AED 42,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →