2-bed · 1,438 sqftAl Arta 2, The Greens · 4th floor

405, Al Arta 2

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

Unit 405 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 1.5M5 May 2023
Current rentAED 101K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Al Arta 2

What is 405 worth today?

Last sold for AED 1,500,000 in 2023

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1 Jun 2023RentedNew contract
AED 101,000/yr12 months · AED 70 per sqft
5 May 2023SoldReady
AED 1,500,000AED 1,042 per sqft
1 Jun 2022RentedNew contract
AED 90,000/yr12 months · AED 62 per sqft
1 Apr 2021RentedRenewal
AED 95,000/yr13 months · AED 66 per sqft
1 Apr 2020RentedNew contract
AED 95,000/yr12 months · AED 66 per sqft
14 Jan 2019RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
1 Feb 2018RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
10 Jul 2017RentedRenewal
AED 150,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
2-bed apartment
Size
1,438 sqft
Floor
4th of 7
Parking
432
Service charge
AED 22,200 /yr
Last sold
AED 1.5M · May 2023
Building
Al Arta 2

About 405, Al Arta 2

405 is a two-bedroom apartment of 1,438 sqft on the 4th floor of Al Arta 2, a 7-storey tower in The Greens. It last sold on 5 May 2023 for AED 1,500,000, or AED 1,042 per sqft, in line with the AED 1,024 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 1 June 2023, is AED 101,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 22,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, June 2010: AED 349,400 (AED 242 per sqft)Sold, May 2023: AED 1,500,000 (AED 1,042 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Al Arta 2
100K150K2012201620202024Typical 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, December 2012: AED 100,000 a yearNew contract, July 2013: AED 146,000 a yearRenewal, July 2014: AED 146,000 a yearRenewal, July 2015: AED 146,000 a yearRenewal, July 2016: AED 144,000 a yearRenewal, July 2017: AED 150,000 a yearNew contract, February 2018: AED 120,000 a yearNew contract, January 2019: AED 110,000 a yearNew contract, April 2020: AED 95,000 a yearRenewal, April 2021: AED 95,000 a yearNew contract, June 2022: AED 90,000 a yearNew contract, June 2023: AED 101,000 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 405 sits

All 33 2-beds →

405 last sold in May 2023 at AED 1,042 per sqft, in line with what two-beds in Al Arta 2 were fetching at the time (AED 1,024). 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. 405's AED 101,000 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 4th floor

All 118 units in Al Arta 2
Value
4011-bedAED 410K · Feb 2013
4021-bedAED 1.21M · Nov 2024
4031-bedAED 1.2M · Mar 2017
4041-bedAED 1.2M · Mar 2025
4061-bedAED 835K · Jan 2013
4071-bedAED 873K · Jun 2010
4081-bedAED 840K · Aug 2009
1–7 of 20

405, Al Arta 2 in numbers

  • Sold twice: first on 16 June 2010 for AED 349,400, last on 5 May 2023 for AED 1,500,000 (AED 1,042 per sqft).
  • Rented since December 2012 on 12 Ejari contracts, from AED 100,000 to AED 101,000 a year.
  • At AED 101,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 22,200 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 405, Al Arta 2

What did unit 405 last sell for?

AED 1,500,000 on 5 May 2023: AED 1,042 per sqft for 1,438 sqft. The unit has 2 registered sales; the first was AED 349,400 in June 2010.

What is the rent for unit 405?

AED 101,000 a year on the contract signed on 1 June 2023. The previous contract, from June 2022, was AED 90,000; the unit has been rented since December 2012.

How big is unit 405?

1,438 sqft (133.6 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 405 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 405, Al Arta 2

Starts from the last sale price (AED 1.5M, 5 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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