1-bed · 961 sqftAl Arta 1, The Greens · Ground floor

G16, Al Arta 1

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

Unit G16 · DLD and Ejari recordsUpdated 26 December 2017
Last soldAED 1M26 December 2017
Current rentAED 85K /yr1 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G16, Al Arta 1

What is G16 worth today?

Last sold for AED 1,000,000 in 2017

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26 Dec 2017SoldReady
AED 1,000,000AED 1,040 per sqft
1 Oct 2017RentedRenewal
AED 85,000/yr12 months · AED 89 per sqft
1 Oct 2016RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
12 Aug 2015RentedRenewal
AED 85,000/yr12 months · AED 89 per sqft
12 Aug 2014RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
9 Mar 2014SoldReady
AED 1,125,000AED 1,170 per sqft
24 Jul 2013RentedNew contract
AED 63,000/yr12 months · AED 66 per sqft
12 Mar 2009Sold by developerReady
AED 965,000AED 1,004 per sqft

Source: Dubai Land Department. Updated 26 December 2017.

Key facts

Type
1-bed apartment
Size
961 sqft
Floor
Ground of 7
Parking
22
Service charge
AED 14,800 /yr
Last sold
AED 1M · December 2017
Building
Al Arta 1

About G16, Al Arta 1

G16 is a one-bedroom apartment of 961 sqft on the ground floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 26 December 2017 for AED 1,000,000, or AED 1,040 per sqft, 25% below the AED 1,392 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 October 2017, is AED 85,000 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 14,800 a year.

Sales and rents for G16 over time

Sales
Unit G16, 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, March 2009: AED 965,000 (AED 1,004 per sqft)Sold, March 2014: AED 1,125,000 (AED 1,170 per sqft)Sold, December 2017: AED 1,000,000 (AED 1,040 per sqft)

G16 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G16, 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 2013: AED 63,000 a yearNew contract, August 2014: AED 85,000 a yearRenewal, August 2015: AED 85,000 a yearNew contract, October 2016: AED 85,000 a yearRenewal, October 2017: AED 85,000 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 G16 sits

All 75 1-beds →

G16 last sold in December 2017 at AED 1,040 per sqft, 25% below what one-beds in Al Arta 1 were fetching at the time (AED 1,392). 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. G16's AED 85,000 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 ground floor

All 108 units in Al Arta 1
Value
G011-bedAED 1.25M · Jan 2025
G021-bedAED 925K · Sep 2022
G031-bedAED 1.4M · Dec 2025
G041-bedAED 1M · Nov 2010
G052-bedAED 1.82M · Mar 2023
G061-bedAED 1.05M · Aug 2024
G071-bedAED 386K · Jun 2010
1–7 of 16

G16, Al Arta 1 in numbers

  • Sold 3 times: first on 12 March 2009 for AED 965,000, last on 26 December 2017 for AED 1,000,000 (AED 1,040 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 63,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2017 price is 8.5%, before a service charge of about AED 14,800 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 26 December 2017.

Questions about G16, Al Arta 1

What did unit G16 last sell for?

AED 1,000,000 on 26 December 2017: AED 1,040 per sqft for 961 sqft. The unit has 3 registered sales; the first was AED 965,000 in March 2009.

What is the rent for unit G16?

AED 85,000 a year on the contract renewed on 1 October 2017. The previous contract, from October 2016, was AED 85,000; the unit has been rented since July 2013.

How big is unit G16?

961 sqft (89.3 sqm): a one-bedroom apartment on the ground floor of a 7-storey tower.

What is unit G16 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 G16, Al Arta 1

Starts from the last sale price (AED 1M, 26 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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