PropertyIndex

Al Alka 1

In Progress · Date not reported|236 units · 2 buildings

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Al Alka 1 is an in-progress apartment development in The Greens, Al Thanyah Third, comprising 236 registered units. 297 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,729 per sqft. At AED 1,729 per sqft, Al Alka 1 prices 9% below the The Greens average of AED 1,910 per sqft on registered sales.

PIX© price · 0.6% YoY
1.39MAED
Typical
1,729AED
PSF
Gross yield
6.5%
PIX© rent ÷ PIX© price
Sale records
297
DLD · all time
Rent contracts
768
Ejari · all time
Al Alka 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
438 – 2,414 sqft
2361.39M1,7290.6%90K6.5%
Studio · Apartment
438 – 460 sqft
40
1 Bed · Apartment
720 – 1,077 sqft
130
2 Bed · Apartment
1,003 – 2,414 sqft
66
Sales — Project-Wide297 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
31 Jul 2026StudioFloor 1448825,0001,843+19.6%StandardStandard Sale
26 Jun 20261 BedFloor 27261,250,0001,722+2.0%Entry LevelStandard Sale
4 Jun 20262 BedFloor 21,2491,940,0001,554+35.1%StandardStandard Sale
Rentals — Project-Wide768 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20261 BedFloor 572870,000960.0%Entry Levelnew
15 Aug 20261 BedFloor 572870,00096-2.8%Entry Levelnew
14 Aug 2026StudioFloor 143845,000103-25.0%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in The Greens

The closest-priced registered projects in The Greens.

Common questions about Al Alka 1

Answered from Dubai Land Department registered transactions.

How much does a property in Al Alka 1 cost?

Property in Al Alka 1 sells at a current PIX© price of AED 1,729 per sqft, or about AED 1,393,460 for a typical unit, based on 297 sales registered with the Dubai Land Department.

When is Al Alka 1 handing over?

Al Alka 1 is under construction.

What is the rental yield in Al Alka 1?

Al Alka 1 yields 6.5% gross, calculated from current PIX© rent against current PIX© sale price, across 768 registered Ejari contracts.

How many units are in Al Alka 1?

Al Alka 1 holds 236 registered units, per the Dubai Land Department unit register.

Have prices in Al Alka 1 gone up or down?

Price per sqft has risen +0.6% over the last 12 months, to AED 1,729, across 297 registered sales.