Skip to content
Dubai Wealth Index
Search
Search areas, projects and buildings by name.

AL Alka-3

A 1 bed in AL Alka-3 costs a median AED 1.41M and returns 8.3% short-term at the assumed 70% occupancy.

Satellite view of AL Alka-3, The Greens, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

1 bed · typical price

1.41MAED

AED 1,839/sqft · +20.7% on a year

vs The Greens
0% above the median
Cost to buy, all inAED 1.50M
Price
AED 1.41M
DLD fee 4%
AED 56,562
Agent 2% + VAT
AED 29,695
Trustee
AED 4,200

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

Ask about AL Alka-3 →

Is AL Alka-3 a good investment?Prices rising, with nothing to watch; 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 1,524/sqft a year ago, 1,839 now+20.7%Strength
  4. How fast do fees pay back?AED 90,457 in fees to buy a 1 bed: DLD 4%, agent 2% plus VAT, trusteeAED 90,457
  5. Can I sell easily?10 sales in 12 months (24 the year before)10
  6. Did earlier buyers gain?Up 99% for buyers 5 years ago, before fees+99.0%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-3 prices and rents by unit typeA one-bed costs about AED 1.41M

TypeMedian priceGross yieldNew rent12-month changeSales
StudioAED 900,0002,081/sqftnot yet letnot yet letunder 5 sales in a year1
1 bedAED 1.41M1,839/sqftnot yet letnot yet let+20.7%6
2 bedAED 2.60M1,664/sqftnot yet letnot yet letunder 5 sales in a year3
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
+64.0% · +17.9%/yr
5 years
+116.9% · +16.8%/yr
vs area median
0.0%
Rank by price per sqft
16th of 33

Short-term income

1 bed · 70% occupancy · 7-night stays · within 500 m

Median nightly rate
AED 604
Net revenue
AED 117,504/yr
Listings seen
18+

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: Mar 2008, AED 1,000,474; latest, Aug 2026, AED 1,272,000; peak, Feb 2026, AED 1,617,500.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,781 · before fees

5 years ago
895
+99%
3 years ago
1,156
+54%
Previous 12 months
1,570
+13%
Last 12 months
1,781
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.

10 resales in the last 12 months, against 18 a year on average over 2023–2025.

Middle 80% of sales: 1,512 – 2,039 AED per sq ft, 10th to 90th percentile of 10

DateTypeSqftPriceAED/sqft
10 Aug 20261 bed724AED 1,272,0001,758
19 Jun 20262 bed1,286AED 2,140,0001,664
3 Jun 20261 bed765AED 1,278,1111,671
21 Apr 20262 bed2,320AED 3,100,0001,336
26 Feb 2026Studio432AED 900,0002,081
26 Feb 20261 bed816AED 1,660,0002,035
4 Feb 20261 bed820AED 1,575,0001,920
4 Feb 20262 bed1,441AED 2,600,0001,804
26 Dec 20251 bed777AED 1,550,0001,996
21 Nov 20251 bed816AED 1,250,0001,532

10 resales in the last 12 months.

Short-term rates around AL Alka-3

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 bed500 m cluster · 18+ listings seen6040.79/sqftAED 117,504——8.3%
2 bed500 m cluster · 7+ listings seen8790.56/sqftAED 163,461——6.3%

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-3 places 28th of 54; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
24Al Ghozlan 3AED 1.45M1,811+1.7%—+16.8%11
25Al Nakheel 3AED 2.80M1,799+1.0%——3
26Al Arta 3AED 1.32M1,792+0.6%—+11.3%10
27AL Dhafrah-3AED 1.57M1,783+0.1%—+10.2%14
28AL Alka-3 · this buildingAED 1.56M1,781—+13.4%10
29G R Travo BAED 1.48M1,777-0.2%—+3.8%5
30Al Nakheel 1AED 1.70M1,764-0.9%——5
31Al Ghozlan 1AED 1.32M1,757-1.4%—+10.0%9
32Aljaz 2AED 2.45M1,740-2.3%——3

Rank 1 is the dearest per square foot. Differences are against AL Alka-3 (AED 1,781/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, AL Alka-3 has registered sale prices 0% above the The Greens median price per square foot of 1,838 AED, across 33 eligible buildings. It ranks 16th 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-3

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-3

AL Alka-3 is an apartment building in The Greens. 132 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
21 min · 18 km
DXB Airport
27 min · 32 km
DIFC
17 min · 21 km
Dubai Marina
13 min · 6.8 km
Palm Jumeirah
19 min · 11 km

Nearest, as registered

Metro
Dubai Internet City
Mall
Marina Mall
Landmark
Burj Al Arab

AL Alka-3: AED 1,781 per sq ft, level with 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-3AED 1,781
  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-3, on the map
Pills show median sale price, AED. 42 buildings pinned from Google place records and Apple geocoding · AL Alka-3 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-3’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-3

Looking to buy or rent here? Tell us what you need: unit type, budget, timing.

We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.

A phone or an email is enough.

By pressing Request info, you agree that DWI and the licensed real-estate agents it works with may contact you about this enquiry.

Common questions

What is the rental yield in AL Alka-3?
No gross yield is published for AL Alka-3 as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 6 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-3 cost?
The median registered sale price is AED 1.41M (1,839 AED/sqft), from 6 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in AL Alka-3 selling for right now?
Registered sales of ready units in AL Alka-3 over the last 12 months have a median of 1,839 AED/sqft, across 6 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-3 risen or fallen?
Median price per square foot moved +20.7% over the last 12 months against the 12 before it, on 6 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
Does AL Alka-3 earn more short-term than long-let?
A night asks a median of AED 604, which models to 8.3% 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.

For agents

Send this page to a client as a branded report

Create client report

AL Alka-3 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
6 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-3
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “AL Alka-3 sale prices and yield.” The Greens, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/the-greens/al-alka-3

Stable dataJSON