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2-bed · 1,156 sqftAl Arta 1, The Greens · 2nd floor

217, Al Arta 1

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 25 January 2021
Last soldAED 890K25 January 2021
Current rentAED 65K /yr15 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 217, Al Arta 1

What is 217 worth today?

Last sold for AED 890,000 in 2021

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25 Jan 2021SoldReady
AED 890,000AED 769 per sqft
15 Jun 2020RentedNew contract
AED 65,000/yr12 months · AED 56 per sqft
5 Dec 2019RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft
8 Nov 2015RentedNew contract
AED 125,000/yr12 months · AED 109 per sqft
1 May 2014RentedNew contract
AED 120,000/yr12 months · AED 104 per sqft
6 Dec 2007Sold by developerReady
AED 845,000AED 730 per sqft

Source: Dubai Land Department. Updated 25 January 2021.

Key facts

Type
2-bed apartment
Size
1,156 sqft
Floor
2nd of 7
Parking
81
Service charge
AED 17,900 /yr
Last sold
AED 890K · January 2021
Building
Al Arta 1

About 217, Al Arta 1

217 is a two-bedroom apartment of 1,156 sqft on the 2nd floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 25 January 2021 for AED 890,000, or AED 769 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 15 June 2020, is AED 65,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 17,900 a year.

Sales and rents for 217 over time

Sales
Unit 217, 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, December 2007: AED 845,000 (AED 730 per sqft)Sold, January 2021: AED 890,000 (AED 769 per sqft)

217 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 217, each contractTypical two-bed in Al Arta 1
100K2012201620202024Typical 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, May 2014: AED 120,000 a yearNew contract, November 2015: AED 125,000 a yearNew contract, December 2019: AED 80,000 a yearNew contract, June 2020: AED 65,000 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 217 sits

All 33 2-beds →

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. 217's AED 65,000 is at the bottom 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
2052-bedAED 1.82M · Feb 2017
2061-bedAED 423K · Aug 2008
2071-bedAED 1.15M · Jul 2024
1–7 of 18

217, Al Arta 1 in numbers

  • Sold twice: first on 6 December 2007 for AED 845,000, last on 25 January 2021 for AED 890,000 (AED 769 per sqft).
  • Rented since May 2014 on 4 Ejari contracts, from AED 120,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 7.3%, before a service charge of about AED 17,900 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 25 January 2021.

Questions about 217, Al Arta 1

What did unit 217 last sell for?

AED 890,000 on 25 January 2021: AED 769 per sqft for 1,156 sqft. The unit has 2 registered sales; the first was AED 845,000 in December 2007.

What is the rent for unit 217?

AED 65,000 a year on the contract signed on 15 June 2020. The previous contract, from December 2019, was AED 80,000; the unit has been rented since May 2014.

How big is unit 217?

1,156 sqft (107.4 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower.

What is unit 217 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.

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Mortgage on 217, Al Arta 1

Starts from the last sale price (AED 890K, 25 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 890,000
Deposit, UAE resident (20%)
AED 178,000
Deposit, non-resident (40%)
AED 356,000
Monthly over 25 years at 3.7%
AED 3,641

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