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Al Alka 1

A 1 bed in Al Alka 1 costs a median AED 1.32M and returns 12.9% short-term at the assumed 70% occupancy.

Satellite view of Al Alka 1, The Greens, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

1 bed · typical price

1.32MAED

AED 1,647/sqft · -1.7% on a year

vs The Greens
10% below the median
Cost to buy, all inAED 1.40M
Price
AED 1.32M
DLD fee 4%
AED 52,800
Agent 2% + VAT
AED 27,720
Trustee
AED 4,200

Against this building’s registered sales of the same type.

Ask about Al Alka 1 →

Is Al Alka 1 a good investment?Fair on every measure with a record; no record of the yield and the rent trend

  1. Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
  2. Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
  3. Are prices going up?1 bed: AED 1,676/sqft a year ago, 1,647 now-1.7%Fair
  4. How fast do fees pay back?AED 84,720 in fees to buy a 1 bed: DLD 4%, agent 2% plus VAT, trusteeAED 84,720
  5. Can I sell easily?19 sales in 12 months (20 the year before)19
  6. Did earlier buyers gain?Up 89% for buyers 5 years ago, before fees+88.9%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Al Alka 1 prices and rents by unit typeA one-bed costs about AED 1.32M

TypeMedian priceGross yieldNew rent12-month changeSales
StudioAED 855,0001,919/sqftnot yet letnot yet letunder 5 sales in a year2
1 bedAED 1.32M1,647/sqftnot yet letnot yet let-1.7%11
2 bedAED 2.14M1,692/sqftnot yet letnot yet letno prior year6
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · The Greens · area median AED 1,838/sqft

3 years
+31.7% · +9.6%/yr
vs area median
-10.4%
Rank by price per sqft
32nd of 33

Short-term income

1 bed · 70% occupancy · 7-night stays

Median nightly rate
AED 851
Net revenue
AED 170,284/yr
Listings seen
2+

Read with care

  • No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 1 bed: Aug 2012, AED 869,400; latest, Oct 2026, AED 1,187,500; peak, Mar 2026, AED 1,525,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,722 · before fees

5 years ago
911
+89%
3 years ago
1,200
+44%
Previous 12 months
1,641
+5%
Last 12 months
1,722
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

19 resales in the last 12 months, against 14 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
5 Oct 20261 bed729AED 1,175,0001,611
14 Sept 20262 bed1,389AED 2,550,0001,836
9 Sept 20261 bed788AED 1,200,0001,523
3 Aug 2026Studio448AED 825,0001,843
29 Jun 20261 bed726AED 1,250,0001,722
4 Jun 20262 bed1,249AED 1,940,0001,554
26 Mar 20261 bed729AED 1,450,0001,989
24 Mar 20262 bed1,015AED 2,050,0002,020
3 Mar 20262 bed1,276AED 2,225,0001,744
27 Feb 20261 bed791AED 1,600,0002,023

19 resales in the last 12 months.

Short-term rates around Al Alka 1

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed2+ listings seen8511.06/sqftAED 170,284——12.9%
2 bed500 m cluster · 8+ listings seen9050.72/sqftAED 174,199——8.1%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in The Greens

Every The Greens building with a page, ranked by price per sqft over the same 12 months, all unit types. Al Alka 1 places 36th of 54; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
32Aljaz 2AED 2.45M1,740+1.0%——3
33Al Arta 4AED 1.35M1,737+0.9%—+13.5%11
34Al Sidir 1AED 2.95M1,727+0.3%——7
35Alghaf 3AED 3.25M1,724+0.1%——3
36Al Alka 1 · this buildingAED 1.40M1,722—+4.9%19
37Samar 2AED 1.49M1,714-0.5%—+7.7%10
38Al Ghozlan 4AED 1.40M1,714-0.5%—+7.4%9
39ALJAZ3AED 2.58M1,708-0.8%——3
40Al Thayyal-2AED 1.15M1,705-1.0%—+14.3%9

Rank 1 is the dearest per square foot. Differences are against Al Alka 1 (AED 1,722/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Al Alka 1 has registered sale prices 10% below the The Greens median price per square foot of 1,838 AED, across 33 eligible buildings. It ranks 32nd of 33 by price per square foot in The Greens.

Market context in The Greens

Registered sales activity

473 ready apartment sales in the 12 months to 2026-10-12.

+8.1% in median AED/sqft versus the preceding year, supported by 473 current and 689 prior price observations.

Explore sales activity

Planned apartment projects

0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.

0 projects had already passed their planned date; 0 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

0 apartments are planned in The Greens from 2026 to 2028, equal to 0% of the 3,763 homes let there today.

Ready prices per sqft fell in 17% of 30 buildings (counted once per bedroom type) in The Greens with sales in both years; the typical one moved +8.8%.

How these are counted
Find service-charge budget evidence for Al Alka 1

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Al Alka 1

Al Alka 1 is an apartment building in The Greens. 141 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

Drive times · typical

Downtown
19 min · 17 km
DXB Airport
24 min · 32 km
DIFC
16 min · 20 km
Dubai Marina
11 min · 7.3 km
Palm Jumeirah
17 min · 12 km

Nearest, as registered

Metro
Dubai Internet City
Mall
Marina Mall
Landmark
Burj Al Arab

Al Alka 1: AED 1,722 per sq ft, 3% below the median The Greens building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Al Alka 1AED 1,722
  2. The Greens, readyAED 1,849
  3. The Greens, off-planAED 2,452
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.
Prices per sq ft around Al Alka 1, on the map
Pills show median sale price, AED. 42 buildings pinned from Google place records and Apple geocoding · Al Alka 1 is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Al Alka 1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
—
4.5% over 25 years
Monthly rent
—
Cash needed at purchase
—

Enter a price, a rent, a rate, a term and a horizon to model the comparison.

Ask about Al Alka 1

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Common questions

What is the rental yield in Al Alka 1?
No gross yield is published for Al Alka 1 as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 11 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The The Greens median is 6.0% gross.
How much does a 1 bedroom in Al Alka 1 cost?
The median registered sale price is AED 1.32M (1,647 AED/sqft), from 11 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Al Alka 1 selling for right now?
Registered sales of ready units in Al Alka 1 over the last 12 months have a median of 1,647 AED/sqft, across 11 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Al Alka 1 risen or fallen?
Median price per square foot moved -1.7% over the last 12 months against the 12 before it, on 11 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
Does Al Alka 1 earn more short-term than long-let?
A night asks a median of AED 851, which models to 12.9% net at an assumed 70% occupancy for a self-managed unit, after platform fees, cleaning and utilities. Nightly rates are asking rates sampled across the next 12 months, not registered income.

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Al Alka 1 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
11 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/sale/apartments/dubai/the-greens/al-alka-1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Al Alka 1 sale prices and yield.” The Greens, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/the-greens/al-alka-1

Stable dataJSON