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

409, Al Nakheel 4

Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 885K4 May 2016
Current rentAED 144K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Al Nakheel 4

What is 409 worth today?

Last sold for AED 885,000 in 2016

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1 Aug 2025RentedRenewal
AED 144,000/yr12 months · AED 69 per sqft
1 Aug 2024RentedRenewal
AED 132,000/yr12 months · AED 64 per sqft
1 Aug 2022RentedRenewal
AED 115,000/yr12 months · AED 55 per sqft
1 Aug 2021RentedRenewal
AED 110,250/yr12 months · AED 53 per sqft
1 Aug 2020RentedRenewal
AED 105,000/yr12 months · AED 51 per sqft
1 Aug 2019RentedNew contract
AED 125,000/yr12 months · AED 60 per sqft
1 Jul 2018RentedNew contract
AED 140,000/yr12 months · AED 67 per sqft
10 Sep 2017RentedRenewal
AED 155,000/yr9 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 August 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 885K · May 2016
Building
Al Nakheel 4

About 409, Al Nakheel 4

409 is a three-bedroom apartment of 2,076 sqft on the 4th floor of Al Nakheel 4, a 6-storey tower in The Greens. The developer sold it on 4 May 2016 for AED 885,000, or AED 426 per sqft.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 144,000 a year: a gross yield of 16.3% on the 2016 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 4
1M2M20072011201520192023Typical sale price by year: 2007 AED 533,986; 2008 AED 896,300; 2009 AED 933,800; 2011 AED 1,372,560; 2012 AED 1,440,000; 2013 AED 2,087,500; 2022 AED 1,650,000Sold by developer, May 2016: AED 885,000 (AED 426 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 4
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 163,000; 2014 AED 178,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 158,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 115,000; 2021 AED 116,500; 2022 AED 120,000; 2023 AED 126,000; 2024 AED 144,900; 2025 AED 170,000New contract, November 2014: AED 178,000 a yearNew contract, January 2016: AED 170,000 a yearNew contract, September 2016: AED 155,000 a yearRenewal, September 2017: AED 155,000 a yearNew contract, July 2018: AED 140,000 a yearNew contract, August 2019: AED 125,000 a yearRenewal, August 2020: AED 105,000 a yearRenewal, August 2021: AED 110,250 a yearRenewal, August 2022: AED 115,000 a yearRenewal, August 2024: AED 132,000 a yearRenewal, August 2025: AED 144,000 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 4, and where 409 sits

All 25 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
21 Feb 20231,800,000
5 Aug 20221,600,000
1 Feb 20221,650,000
31 Jan 20221,675,000
0 3-bed sales in the last 12 months

Al Nakheel 4

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 1,541
Typical sale
AED 2.5M
Typical rent
AED 120K /yr
Typical yield
7.5%
Al Nakheel 4, The Greens: prices, sales and rents →

Other units on the 4th floor

All 53 units in Al Nakheel 4
Value
4103-bedAED 884K · Nov 2008

409, Al Nakheel 4 in numbers

  • Sold once: by the developer on 4 May 2016 for AED 885,000, or AED 426 per sqft.
  • Rented since November 2014 on 11 Ejari contracts. The rent fell from AED 178,000 to AED 105,000 in 2020 and recovered to AED 144,000 by August 2025.
  • At AED 144,000 a year the gross yield on the 2016 price is 16.3%, before a service charge of about AED 36,700 a year (AED 17.68 per sqft).

Source: Dubai Land Department. Updated 1 August 2025.

Questions about 409, Al Nakheel 4

What did unit 409 last sell for?

AED 885,000 on 4 May 2016, sold by the developer: AED 426 per sqft for 2,076 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 144,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 132,000; the unit has been rented since November 2014.

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 4

Starts from the last sale price (AED 885K, 4 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 885,000
Deposit, UAE resident (20%)
AED 177,000
Deposit, non-resident (40%)
AED 354,000
Monthly over 25 years at 3.7%
AED 3,621

Plus AED 42,180 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →