1-bed · 738 sqftAl Arta 1, The Greens · 3rd floor

313, Al Arta 1

Sold prices and rental history: sold twice, last in November 2023, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 10 November 2023
Last soldAED 960K7 November 2023
Current rentAED 82K /yr10 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, Al Arta 1

What is 313 worth today?

Last sold for AED 960,000 in 2023

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10 Nov 2023RentedNew contract
AED 82,000/yr12 months · AED 111 per sqft
7 Nov 2023SoldReady
AED 960,000AED 1,300 per sqft
20 Jul 2012RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
11 Jun 2009Sold by developerReady
AED 376,800AED 510 per sqft

Source: Dubai Land Department. Updated 10 November 2023.

Key facts

Type
1-bed apartment
Size
738 sqft
Floor
3rd of 7
Parking
97
Service charge
AED 11,400 /yr
Last sold
AED 960K · November 2023
Building
Al Arta 1

About 313, Al Arta 1

313 is a one-bedroom apartment of 738 sqft on the 3rd floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 7 November 2023 for AED 960,000, or AED 1,300 per sqft, 7% above the AED 1,217 one-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 10 November 2023, is AED 82,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 11,400 a year.

Sales and rents for 313 over time

Sales
Unit 313, each saleTypical one-bed in Al Arta 1
500K1M2007201220172022Typical sale price by year: 2007 AED 423,800; 2008 AED 615,000; 2009 AED 741,600; 2010 AED 434,800; 2011 AED 500,000; 2012 AED 747,500; 2013 AED 800,000; 2014 AED 1,230,000; 2015 AED 1,060,000; 2016 AED 1,020,000; 2017 AED 1,035,000; 2019 AED 664,200; 2021 AED 580,000; 2022 AED 780,000; 2023 AED 850,000; 2024 AED 1,144,500; 2025 AED 1,250,000Sold by developer, June 2009: AED 376,800 (AED 510 per sqft)Sold, November 2023: AED 960,000 (AED 1,300 per sqft)

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

Rents
Unit 313, each contractTypical one-bed in Al Arta 1
40K60K80K2012201620202024Typical rent by year: 2012 AED 61,000; 2013 AED 66,423; 2014 AED 73,500; 2015 AED 81,000; 2016 AED 83,500; 2017 AED 80,000; 2018 AED 68,500; 2019 AED 60,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 54,000; 2023 AED 63,800; 2024 AED 79,500; 2025 AED 82,500; 2026 AED 82,000New contract, July 2012: AED 55,000 a yearNew contract, November 2023: AED 82,000 a year

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

1-beds in Al Arta 1, and where 313 sits

All 75 1-beds →

313 last sold in November 2023 at AED 1,300 per sqft, 7% above what one-beds in Al Arta 1 were fetching at the time (AED 1,217). Over the last 12 months one-beds sold for AED 1,200,000 to 1,525,000, around AED 1,491 per sqft, and rent for AED 56,100 to 144,000 a year. 313's AED 82,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Jun 20261,200,000
16 Jan 20261,525,000
18 Dec 20251,400,000
29 Apr 20251,199,000
3 1-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 3rd floor

All 108 units in Al Arta 1
Value
3011-bedAED 1.09M · Oct 2015
3021-bedAED 544K · Nov 2015
3031-bedAED 1.2M · Feb 2024
3041-bedAED 1.1M · Jul 2023
3052-bedAED 1.3M · Apr 2021
3061-bedAED 1.05M · May 2017
3071-bedAED 1.11M · Nov 2008
1–7 of 18

313, Al Arta 1 in numbers

  • Sold twice: first on 11 June 2009 for AED 376,800, last on 7 November 2023 for AED 960,000 (AED 1,300 per sqft).
  • Rented since July 2012 on 2 Ejari contracts, from AED 55,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 11,400 a year (AED 15.45 per sqft).
  • One-beds in Al Arta 1 sold for AED 1,200,000–1,525,000 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 10 November 2023.

Questions about 313, Al Arta 1

What did unit 313 last sell for?

AED 960,000 on 7 November 2023: AED 1,300 per sqft for 738 sqft. The unit has 2 registered sales; the first was AED 376,800 in June 2009.

What is the rent for unit 313?

AED 82,000 a year on the contract signed on 10 November 2023. The previous contract, from July 2012, was AED 55,000.

How big is unit 313?

738 sqft (68.6 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 313 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Arta 1 sold for AED 1,200,000 to 1,525,000 in the last 12 months, around AED 1,491 per sqft.

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Mortgage on 313, Al Arta 1

Starts from the last sale price (AED 960K, 7 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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