1-bed · 800 sqftAl Arta 2, The Greens · 4th floor

403, Al Arta 2

Sold prices and rental history: sold 5 times, last in March 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 28 February 2024
Last soldAED 1.2M19 March 2017
Current rentAED 98K /yr28 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Al Arta 2

What is 403 worth today?

Last sold for AED 1,200,000 in 2017

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28 Feb 2024RentedNew contract
AED 98,000/yr12 months · AED 123 per sqft
25 Aug 2023RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
1 Oct 2022RentedNew contract
AED 57,000/yr12 months · AED 71 per sqft
1 Oct 2021RentedNew contract
AED 51,000/yr12 months · AED 64 per sqft
5 Sep 2020RentedRenewal
AED 64,000/yr12 months · AED 80 per sqft
5 Sep 2019RentedRenewal
AED 74,000/yr12 months · AED 93 per sqft
5 Sep 2018RentedRenewal
AED 80,000/yr12 months · AED 100 per sqft
5 Sep 2017RentedNew contract
AED 86,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 28 February 2024.

Key facts

Type
1-bed apartment
Size
800 sqft
Floor
4th of 7
Parking
361
Service charge
AED 12,400 /yr
Last sold
AED 1.2M · March 2017
Building
Al Arta 2

About 403, Al Arta 2

403 is a one-bedroom apartment of 800 sqft on the 4th floor of Al Arta 2, a 7-storey tower in The Greens. It last sold on 19 March 2017 for AED 1,200,000, or AED 1,499 per sqft, 4% above the AED 1,437 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 28 February 2024, is AED 98,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 12,400 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Al Arta 2
500K1M20072012201720222027Typical sale price by year: 2007 AED 372,800; 2008 AED 659,200; 2009 AED 830,000; 2010 AED 623,000; 2011 AED 610,000; 2012 AED 705,000; 2013 AED 411,300; 2014 AED 1,157,500; 2015 AED 1,070,000; 2016 AED 1,060,000; 2017 AED 1,000,000; 2020 AED 565,000; 2022 AED 700,000; 2023 AED 900,000; 2024 AED 1,175,000; 2025 AED 1,275,000; 2026 AED 1,300,000Sold by developer, August 2007: AED 600,000 (AED 749 per sqft)Sold, May 2008: AED 1,300,000 (AED 1,624 per sqft)Sold, November 2011: AED 610,000 (AED 762 per sqft)Sold, May 2015: AED 1,100,000 (AED 1,374 per sqft)Sold, March 2017: AED 1,200,000 (AED 1,499 per sqft)

403 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 403, each contractTypical one-bed in Al Arta 2
50K75K100K2012201620202024Typical rent by year: 2012 AED 55,650; 2013 AED 70,000; 2014 AED 75,000; 2015 AED 83,000; 2016 AED 83,000; 2017 AED 78,375; 2018 AED 69,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 54,500; 2023 AED 65,000; 2024 AED 75,000; 2025 AED 85,000; 2026 AED 85,000New contract, January 2014: AED 70,000 a yearNew contract, September 2016: AED 88,000 a yearNew contract, September 2017: AED 86,000 a yearRenewal, September 2018: AED 80,000 a yearRenewal, September 2019: AED 74,000 a yearRenewal, September 2020: AED 64,000 a yearNew contract, October 2021: AED 51,000 a yearNew contract, October 2022: AED 57,000 a yearNew contract, August 2023: AED 75,000 a yearNew contract, February 2024: AED 98,000 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 2, and where 403 sits

All 65 1-beds →

403 last sold in March 2017 at AED 1,499 per sqft, 4% above what one-beds in Al Arta 2 were fetching at the time (AED 1,437). Over the last 12 months one-beds sold for AED 1,260,000 to 1,300,000, around AED 1,683 per sqft, and rent for AED 68,250 to 125,000 a year. 403's AED 98,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Jun 20261,300,000
10 Apr 20261,260,000
11 Mar 20261,300,000
15 Oct 20251,250,000
3 1-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 4th floor

All 118 units in Al Arta 2
Value
4011-bedAED 410K · Feb 2013
4021-bedAED 1.21M · Nov 2024
4041-bedAED 1.2M · Mar 2025
4052-bedAED 1.5M · May 2023
4061-bedAED 835K · Jan 2013
4071-bedAED 873K · Jun 2010
4081-bedAED 840K · Aug 2009
1–7 of 20

403, Al Arta 2 in numbers

  • Sold 5 times: first on 15 August 2007 for AED 600,000, last on 19 March 2017 for AED 1,200,000 (AED 1,499 per sqft).
  • Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 70,000 to AED 51,000 in 2021 and recovered to AED 98,000 by February 2024.
  • At AED 98,000 a year the gross yield on the 2017 price is 8.2%, before a service charge of about AED 12,400 a year (AED 15.45 per sqft).
  • One-beds in Al Arta 2 sold for AED 1,260,000–1,300,000 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 28 February 2024.

Questions about 403, Al Arta 2

What did unit 403 last sell for?

AED 1,200,000 on 19 March 2017: AED 1,499 per sqft for 800 sqft. The unit has 5 registered sales; the first was AED 600,000 in August 2007.

What is the rent for unit 403?

AED 98,000 a year on the contract signed on 28 February 2024. The previous contract, from August 2023, was AED 75,000; the unit has been rented since January 2014.

How big is unit 403?

800 sqft (74.3 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 403 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 2 sold for AED 1,260,000 to 1,300,000 in the last 12 months, around AED 1,683 per sqft.

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Mortgage on 403, Al Arta 2

Starts from the last sale price (AED 1.2M, 19 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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