1-bed · 747 sqftAl Arta 2, The Greens · 4th floor

406, Al Arta 2

Sold prices and rental history: sold 3 times, last in January 2013, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 March 2021
Last soldAED 835K6 January 2013
Current rentAED 42K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Al Arta 2

What is 406 worth today?

Last sold for AED 835,000 in 2013

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1 Mar 2021RentedNew contract
AED 42,000/yr12 months · AED 57 per sqft
20 May 2015RentedNew contract
AED 84,000/yr12 months · AED 113 per sqft
6 Jan 2013SoldReady
AED 835,000AED 1,117 per sqft
26 Jun 2012SoldReady
AED 775,000AED 1,037 per sqft
13 Feb 2008Sold by developerReady
AED 385,800AED 516 per sqft

Source: Dubai Land Department. Updated 1 March 2021.

Key facts

Type
1-bed apartment
Size
747 sqft
Floor
4th of 7
Parking
359
Service charge
AED 11,500 /yr
Last sold
AED 835K · January 2013
Building
Al Arta 2

About 406, Al Arta 2

406 is a one-bedroom apartment of 747 sqft on the 4th floor of Al Arta 2, a 7-storey tower in The Greens. It last sold on 6 January 2013 for AED 835,000, or AED 1,117 per sqft, 22% above the AED 912 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 March 2021, is AED 42,000 a year: a gross yield of 5.0% on the 2013 price, before the service charge of about AED 11,500 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, February 2008: AED 385,800 (AED 516 per sqft)Sold, June 2012: AED 775,000 (AED 1,037 per sqft)Sold, January 2013: AED 835,000 (AED 1,117 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Al Arta 2
40K60K80K2012201620202024Typical 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, May 2015: AED 84,000 a yearNew contract, March 2021: AED 42,000 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 406 sits

All 65 1-beds →

406 last sold in January 2013 at AED 1,117 per sqft, 22% above what one-beds in Al Arta 2 were fetching at the time (AED 912). 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. 406's AED 42,000 is at the bottom 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
4031-bedAED 1.2M · Mar 2017
4041-bedAED 1.2M · Mar 2025
4052-bedAED 1.5M · May 2023
4071-bedAED 873K · Jun 2010
4081-bedAED 840K · Aug 2009
1–7 of 20

406, Al Arta 2 in numbers

  • Sold 3 times: first on 13 February 2008 for AED 385,800, last on 6 January 2013 for AED 835,000 (AED 1,117 per sqft).
  • Rented since May 2015 on 2 Ejari contracts, from AED 84,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2013 price is 5.0%, before a service charge of about AED 11,500 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 1 March 2021.

Questions about 406, Al Arta 2

What did unit 406 last sell for?

AED 835,000 on 6 January 2013: AED 1,117 per sqft for 747 sqft. The unit has 3 registered sales; the first was AED 385,800 in February 2008.

What is the rent for unit 406?

AED 42,000 a year on the contract signed on 1 March 2021. The previous contract, from May 2015, was AED 84,000.

How big is unit 406?

747 sqft (69.4 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 406 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 406, Al Arta 2

Starts from the last sale price (AED 835K, 6 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

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