2-bed · 1,438 sqftAl Arta 1, The Greens · 2nd floor

205, Al Arta 1

Sold prices and rental history: sold 3 times, last in February 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 23 February 2017
Last soldAED 1.82M23 February 2017
Current rentAED 133K /yr10 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Al Arta 1

What is 205 worth today?

Last sold for AED 1,815,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 Feb 2017SoldReady
AED 1,815,000AED 1,262 per sqft
10 Apr 2016RentedRenewal
AED 133,000/yr12 months · AED 92 per sqft
10 Apr 2015RentedNew contract
AED 140,000/yr12 months · AED 97 per sqft
6 Jun 2014RentedNew contract
AED 126,000/yr12 months · AED 87 per sqft
6 Jun 2013RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
21 Nov 2012SoldReady
AED 1,000,000AED 695 per sqft
23 Apr 2008Sold by developerReady
AED 1,515,000AED 1,053 per sqft

Source: Dubai Land Department. Updated 23 February 2017.

Key facts

Type
2-bed apartment
Size
1,438 sqft
Floor
2nd of 7
Parking
1
Service charge
AED 22,200 /yr
Last sold
AED 1.82M · February 2017
Building
Al Arta 1

About 205, Al Arta 1

205 is a two-bedroom apartment of 1,438 sqft on the 2nd floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 23 February 2017 for AED 1,815,000, or AED 1,262 per sqft, in line with the AED 1,227 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 10 April 2016, is AED 133,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 22,200 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical two-bed in Al Arta 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 705,900; 2008 AED 1,297,500; 2010 AED 679,300; 2011 AED 850,000; 2012 AED 647,800; 2013 AED 1,331,000; 2014 AED 1,950,000; 2017 AED 1,587,500; 2019 AED 980,000; 2021 AED 1,037,500; 2022 AED 1,182,500; 2023 AED 1,550,000; 2024 AED 1,837,500; 2025 AED 2,075,000; 2026 AED 2,250,000Sold by developer, April 2008: AED 1,515,000 (AED 1,053 per sqft)Sold, November 2012: AED 1,000,000 (AED 695 per sqft)Sold, February 2017: AED 1,815,000 (AED 1,262 per sqft)

205 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 205, each contractTypical two-bed in Al Arta 1
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 100,000; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 117,500; 2018 AED 107,500; 2019 AED 91,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 89,000; 2023 AED 99,000; 2024 AED 114,253; 2025 AED 122,500; 2026 AED 117,250New contract, June 2013: AED 120,000 a yearNew contract, June 2014: AED 126,000 a yearNew contract, April 2015: AED 140,000 a yearRenewal, April 2016: AED 133,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Al Arta 1, and where 205 sits

All 33 2-beds →

205 last sold in February 2017 at AED 1,262 per sqft, in line with what two-beds in Al Arta 1 were fetching at the time (AED 1,227). Over the last 12 months two-beds sold for AED 2,135,000 to 2,680,000, around AED 1,618 per sqft, and rent for AED 90,000 to 135,000 a year. 205's AED 133,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Sep 20262,250,000
14 Jul 20262,680,000
16 Apr 20262,500,000
18 Mar 20262,155,000
5 2-bed sales in the last 12 months

Al Arta 1

Building

108 apartments, 1-bed to 2-bed over 7 floors in The Greens. 8 sold in the last 12 months.

Typical price per sqft
AED 1,591
Typical sale
AED 2.15M
Typical rent
AED 87K /yr
Typical yield
6.5%
Al Arta 1, The Greens: prices, sales and rents →

Other units on the 2nd floor

All 108 units in Al Arta 1
Value
2011-bedAED 1.2M · Jun 2026
2021-bedAED 995K · Oct 2023
2031-bedAED 583K · Nov 2016
2041-bedAED 650K · Aug 2019
2061-bedAED 423K · Aug 2008
2071-bedAED 1.15M · Jul 2024
2081-bedAED 830K · Mar 2023
1–7 of 18

205, Al Arta 1 in numbers

  • Sold 3 times: first on 23 April 2008 for AED 1,515,000, last on 23 February 2017 for AED 1,815,000 (AED 1,262 per sqft).
  • Rented since June 2013 on 4 Ejari contracts, from AED 120,000 to AED 133,000 a year.
  • At AED 133,000 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 22,200 a year (AED 15.45 per sqft).
  • Two-beds in Al Arta 1 sold for AED 2,135,000–2,680,000 in the 12 months to November 2026; the building's median across all types is AED 1,591 per sqft.

Source: Dubai Land Department. Updated 23 February 2017.

Questions about 205, Al Arta 1

What did unit 205 last sell for?

AED 1,815,000 on 23 February 2017: AED 1,262 per sqft for 1,438 sqft. The unit has 3 registered sales; the first was AED 1,515,000 in April 2008.

What is the rent for unit 205?

AED 133,000 a year on the contract renewed on 10 April 2016. The previous contract, from April 2015, was AED 140,000; the unit has been rented since June 2013.

How big is unit 205?

1,438 sqft (133.6 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Arta 1 sold for AED 2,135,000 to 2,680,000 in the last 12 months, around AED 1,618 per sqft.

Selling 205? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 205, Al Arta 1

Starts from the last sale price (AED 1.82M, 23 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,815,000
Deposit, UAE resident (20%)
AED 363,000
Deposit, non-resident (40%)
AED 726,000
Monthly over 25 years at 3.7%
AED 7,426

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →