408, Al Arta 1
Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Al Arta 1
What is 408 worth today?
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Source: Dubai Land Department. Updated 24 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 739 sqft
- Floor
- 4th of 7
- Parking
- 108
- Service charge
- AED 11,400 /yr
- Last sold
- AED 850K · May 2023
- Building
- Al Arta 1
About 408, Al Arta 1
408 is a one-bedroom apartment of 739 sqft on the 4th floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 9 May 2023 for AED 850,000, or AED 1,149 per sqft, 6% above the AED 1,081 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 24 June 2023, is AED 63,800 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 11,400 a year.
Sales and rents for 408 over time
408 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 408 sits
All 75 1-beds →408 last sold in May 2023 at AED 1,149 per sqft, 6% above what one-beds in Al Arta 1 were fetching at the time (AED 1,081). 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. 408's AED 63,800 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jun 202619 June 2026 | 805 sqft | 1,200,000 | 1,491 | ||
| 16 Jan 202616 January 2026 | 800 sqft | 1,525,000 | 1,905 | ||
| 18 Dec 202518 December 2025 | 1,087 sqft | 1,400,000 | 1,287 | ||
| 29 Apr 202529 April 2025 | 738 sqft | 1,199,000 | 1,624 |
Al Arta 1
Building108 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%
Other units on the 4th floor
All 108 units in Al Arta 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 805 sqft | AED 1.15MAED 1,145,000 · Jan 2008January 2008 | 86,000 /yr | |
| 402 | 1-bed | 800 sqft | AED 1.53MAED 1,525,000 · Jan 2026January 2026 | 120,000 /yr | |
| 403 | 1-bed | 800 sqft | AED 1.13MAED 1,130,000 · Oct 2013October 2013 | 84,000 /yr | |
| 404 | 1-bed | 800 sqft | AED 1.2MAED 1,200,000 · Jan 2017January 2017 | 85,000 /yr | |
| 405 | 2-bed | 1,438 sqft | AED 1.43MAED 1,430,000 · Jun 2022June 2022 | 145,000 /yr | |
| 406 | 1-bed | 747 sqft | AED 845KAED 845,000 · May 2013May 2013 | 84,000 /yr | |
| 407 | 1-bed | 739 sqft | AED 1.14MAED 1,140,000 · Aug 2024August 2024 | 97,000 /yr | |
| 409 | 1-bed | 739 sqft | AED 785KAED 785,000 · Mar 2013March 2013 | 82,000 /yr | |
| 410 | 1-bed | 739 sqft | AED 882KAED 881,705 · Feb 2023February 2023 | 57,000 /yr | |
| 411 | 2-bed | 1,059 sqft | AED 1.3MAED 1,300,000 · Jul 2016July 2016 | 115,500 /yr | |
| 412 | 1-bed | 798 sqft | AED 670KAED 670,000 · Nov 2008November 2008 | 75,000 /yr | |
| 413 | 1-bed | 738 sqft | AED 700KAED 700,000 · Jun 2010June 2010 | 72,765 /yr | |
| 414 | 1-bed | 738 sqft | AED 921KAED 921,060 · Dec 2007December 2007 | 82,435 /yr | |
| 415 | 1-bed | 741 sqft | AED 650KAED 650,000 · Aug 2019August 2019 | 100,000 /yr | |
| 416 | 1-bed | 748 sqft | AED 930KAED 930,000 · Sep 2023September 2023 | 105,000 /yr | |
| 417 | 2-bed | 1,156 sqft | AED 1.83MAED 1,825,000 · Dec 2024December 2024 | 117,000 /yr | |
| 418 | 2-bed | 1,305 sqft | AED 627KAED 626,800 · Sep 2012September 2012 | 113,000 /yr | |
| 419 | 2-bed | 1,331 sqft | AED 648KAED 647,800 · Sep 2012September 2012 | 117,500 /yr |
408, Al Arta 1 in numbers
- Sold 4 times: first on 18 June 2008 for AED 441,800, last on 9 May 2023 for AED 850,000 (AED 1,149 per sqft).
- Rented since September 2014 on 8 Ejari contracts. The rent fell from AED 76,000 to AED 52,000 in 2021 and recovered to AED 63,800 by June 2023.
- At AED 63,800 a year the gross yield on the 2023 price is 7.5%, 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 24 June 2023.
Questions about 408, Al Arta 1
What did unit 408 last sell for?
AED 850,000 on 9 May 2023: AED 1,149 per sqft for 739 sqft. The unit has 4 registered sales; the first was AED 441,800 in June 2008.
What is the rent for unit 408?
AED 63,800 a year on the contract signed on 24 June 2023. The previous contract, from June 2022, was AED 58,000; the unit has been rented since September 2014.
How big is unit 408?
739 sqft (68.7 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.
What is unit 408 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 408, Al Arta 1
Starts from the last sale price (AED 850K, 9 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →