2-bed · 1,305 sqftAl Arta 2, The Greens · 3rd floor

318, Al Arta 2

Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 1.47M15 March 2023
Current rentAED 96K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Al Arta 2

What is 318 worth today?

Last sold for AED 1,470,000 in 2023

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1 Jun 2023RentedRenewal
AED 96,000/yr12 months · AED 74 per sqft
15 Mar 2023SoldReady
AED 1,470,000AED 1,126 per sqft
1 Jun 2022RentedNew contract
AED 92,000/yr12 months · AED 71 per sqft
1 Apr 2021RentedNew contract
AED 83,000/yr12 months · AED 64 per sqft
1 Apr 2020RentedRenewal
AED 96,000/yr12 months · AED 74 per sqft
7 May 2019SoldReady
AED 1,015,000AED 777 per sqft
1 Apr 2019RentedNew contract
AED 96,000/yr12 months · AED 74 per sqft
1 Feb 2018RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
3rd of 7
Parking
430
Service charge
AED 20,200 /yr
Last sold
AED 1.47M · March 2023
Building
Al Arta 2

About 318, Al Arta 2

318 is a two-bedroom apartment of 1,305 sqft on the 3rd floor of Al Arta 2, a 7-storey tower in The Greens. It last sold on 15 March 2023 for AED 1,470,000, or AED 1,126 per sqft, 12% above the AED 1,006 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 96,000 a year: a gross yield of 6.5% on the 2023 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 2
1M2M2007201220172022Typical sale price by year: 2007 AED 579,800; 2008 AED 1,512,195; 2009 AED 595,800; 2010 AED 800,000; 2012 AED 950,000; 2017 AED 1,550,000; 2019 AED 1,104,500; 2020 AED 918,284; 2021 AED 1,149,095; 2022 AED 1,232,500; 2023 AED 1,470,000; 2024 AED 1,732,590; 2025 AED 2,225,000Sold by developer, March 2010: AED 585,800 (AED 448 per sqft)Sold, March 2010: AED 550,000 (AED 421 per sqft)Sold, May 2019: AED 1,015,000 (AED 777 per sqft)Sold, March 2023: AED 1,470,000 (AED 1,126 per sqft)

318 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 318, each contractTypical two-bed in Al Arta 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 97,500; 2013 AED 105,000; 2014 AED 125,000; 2015 AED 125,000; 2016 AED 120,000; 2017 AED 125,000; 2018 AED 110,000; 2019 AED 96,000; 2020 AED 84,000; 2021 AED 78,000; 2022 AED 84,000; 2023 AED 101,100; 2024 AED 115,940; 2025 AED 120,000; 2026 AED 120,750New contract, July 2012: AED 95,000 a yearNew contract, February 2014: AED 124,000 a yearNew contract, February 2015: AED 124,000 a yearRenewal, February 2016: AED 124,000 a yearNew contract, February 2018: AED 115,000 a yearNew contract, April 2019: AED 96,000 a yearRenewal, April 2020: AED 96,000 a yearNew contract, April 2021: AED 83,000 a yearNew contract, June 2022: AED 92,000 a yearRenewal, June 2023: AED 96,000 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 2, and where 318 sits

All 33 2-beds →

318 last sold in March 2023 at AED 1,126 per sqft, 12% above what two-beds in Al Arta 2 were fetching at the time (AED 1,006). Over the last 12 months two-beds sold for AED 2,000,000 to 2,225,000, around AED 1,558 per sqft, and rent for AED 110,000 to 190,000 a year. 318's AED 96,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Oct 20262,075,000
8 Jun 20262,000,000
29 Dec 20252,225,000
6 May 20252,155,000
3 2-bed sales in the last 12 months

Al Arta 2

Building

118 apartments, studios to 2-bed over 7 floors in The Greens. 6 sold in the last 12 months.

Typical price per sqft
AED 1,654
Typical sale
AED 1.65M
Typical rent
AED 82K /yr
Typical yield
6.7%
Al Arta 2, The Greens: prices, sales and rents →

Other units on the 3rd floor

All 118 units in Al Arta 2
Value
3011-bedAED 1.23M · Oct 2024
3021-bedAED 1.36M · May 2025
3031-bedAED 730K · Jun 2012
3041-bedAED 1.18M · Sep 2015
3052-bedAED 1.6M · Mar 2018
3061-bedAED 900K · Jul 2023
3071-bedAED 614K · Apr 2022
1–7 of 20

318, Al Arta 2 in numbers

  • Sold 4 times: first on 21 March 2010 for AED 550,000, last on 15 March 2023 for AED 1,470,000 (AED 1,126 per sqft).
  • Rented since July 2012 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 83,000 in 2021 and recovered to AED 96,000 by June 2023.
  • At AED 96,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 20,200 a year (AED 15.45 per sqft).
  • Two-beds in Al Arta 2 sold for AED 2,000,000–2,225,000 in the 12 months to November 2026; the building's median across all types is AED 1,654 per sqft.

Source: Dubai Land Department. Updated 1 June 2023.

Questions about 318, Al Arta 2

What did unit 318 last sell for?

AED 1,470,000 on 15 March 2023: AED 1,126 per sqft for 1,305 sqft. The unit has 4 registered sales; the first was AED 550,000 in March 2010.

What is the rent for unit 318?

AED 96,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 92,000; the unit has been rented since July 2012.

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 2 sold for AED 2,000,000 to 2,225,000 in the last 12 months, around AED 1,558 per sqft.

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Mortgage on 318, Al Arta 2

Starts from the last sale price (AED 1.47M, 15 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

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