Home
Dubai prices
About
Research
2-bed · 1,305 sqftAl Arta 1, The Greens · 3rd floor

318, Al Arta 1

Sold prices and rental history: sold once, by the developer in June 2010, and rented once, from August 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 1 August 2016
Last soldAED 1.52M24 June 2010
Current rentAED 140K /yr1 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 318

Property timeline for 318, Al Arta 1

What is 318 worth today?

Last sold for AED 1,522,000 in 2010

Unlock today's estimate, updated daily, with

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

1 Aug 2016RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
24 Jun 2010Sold by developerReady
AED 1,522,000AED 1,166 per sqft

Source: Dubai Land Department. Updated 1 August 2016.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
3rd of 7
Parking
55
Service charge
AED 20,200 /yr
Last sold
AED 1.52M · June 2010
Building
Al Arta 1

About 318, Al Arta 1

318 is a two-bedroom apartment of 1,305 sqft on the 3rd floor of Al Arta 1, a 7-storey tower in The Greens. The developer sold it on 24 June 2010 for AED 1,522,000, or AED 1,166 per sqft, 126% above the AED 516 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2016. The current contract, signed on 1 August 2016, is AED 140,000 a year: a gross yield of 9.2% on the 2010 price, before the service charge of about AED 20,200 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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, June 2010: AED 1,522,000 (AED 1,166 per sqft)

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

Rents
Unit 318, 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, August 2016: AED 140,000 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 318 sits

All 33 2-beds →

318 last sold in June 2010 at AED 1,166 per sqft, 126% above what two-beds in Al Arta 1 were fetching at the time (AED 516). 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. 318's AED 140,000 is at the top 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 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

318, Al Arta 1 in numbers

  • Sold once: by the developer on 24 June 2010 for AED 1,522,000, or AED 1,166 per sqft.
  • Rented since August 2016 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2010 price is 9.2%, before a service charge of about AED 20,200 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 1 August 2016.

Questions about 318, Al Arta 1

What did unit 318 last sell for?

AED 1,522,000 on 24 June 2010, sold by the developer: AED 1,166 per sqft for 1,305 sqft. It is the only registered sale of the unit.

What is the rent for unit 318?

AED 140,000 a year on the contract signed on 1 August 2016.

How big is unit 318?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 318 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 318? 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 318, Al Arta 1

Starts from the last sale price (AED 1.52M, 24 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,522,000
Deposit, UAE resident (20%)
AED 304,400
Deposit, non-resident (40%)
AED 608,800
Monthly over 25 years at 3.7%
AED 6,227

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