516, Al Arta 2
Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Al Arta 2
What is 516 worth today?
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Source: Dubai Land Department. Updated 17 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 753 sqft
- Floor
- 5th of 7
- Parking
- 460
- Service charge
- AED 11,600 /yr
- Last sold
- AED 490K · October 2011
- Building
- Al Arta 2
About 516, Al Arta 2
516 is a one-bedroom apartment of 753 sqft on the 5th floor of Al Arta 2, a 7-storey tower in The Greens. It last sold on 30 October 2011 for AED 490,000, or AED 651 per sqft, 26% below the AED 874 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 17 May 2026, is AED 73,500 a year: a gross yield of 15.0% on the 2011 price, before the service charge of about AED 11,600 a year.
Sales and rents for 516 over time
516 has sold twice; the dashed line is the one-bed median of each year in the building.
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 516 sits
All 65 1-beds →516 last sold in October 2011 at AED 651 per sqft, 26% below what one-beds in Al Arta 2 were fetching at the time (AED 874). 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. 516's AED 73,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jun 20263 June 2026 | 752 sqft | 1,300,000 | 1,729 | ||
| 10 Apr 202610 April 2026 | 748 sqft | 1,260,000 | 1,683 | ||
| 11 Mar 202611 March 2026 | 800 sqft | 1,300,000 | 1,624 | ||
| 15 Oct 202515 October 2025 | 748 sqft | 1,250,000 | 1,670 |
Al Arta 2
Building118 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%
Other units on the 5th floor
All 118 units in Al Arta 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 515 | 1-bed | 752 sqft | AED 700KAED 700,000 · May 2022May 2022 | 94,000 /yr | |
| 517 | 2-bed | 1,156 sqft | AED 1.08MAED 1,075,000 · Jan 2023January 2023 | 115,000 /yr | |
| 518 | 2-bed | 1,305 sqft | AED 1.18MAED 1,180,000 · Mar 2019March 2019 | 110,000 /yr | |
| 519 | 2-bed | 1,331 sqft | AED 1.77MAED 1,765,179 · Oct 2024October 2024 | 110,000 /yr |
516, Al Arta 2 in numbers
- Sold twice: first on 26 October 2011 for AED 374,800, last on 30 October 2011 for AED 490,000 (AED 651 per sqft).
- Rented since September 2012 on 11 Ejari contracts. The rent fell from AED 55,650 to AED 50,000 in 2021 and recovered to AED 73,500 by May 2026.
- At AED 73,500 a year the gross yield on the 2011 price is 15.0%, before a service charge of about AED 11,600 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 17 May 2026.
Questions about 516, Al Arta 2
What did unit 516 last sell for?
AED 490,000 on 30 October 2011: AED 651 per sqft for 753 sqft. The unit has 2 registered sales; the first was AED 374,800 in October 2011.
What is the rent for unit 516?
AED 73,500 a year on the contract renewed on 17 May 2026. The previous contract, from May 2025, was AED 70,000; the unit has been rented since September 2012.
How big is unit 516?
753 sqft (70.0 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower.
What is unit 516 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 516, Al Arta 2
Starts from the last sale price (AED 490K, 30 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 490,000
- Deposit, UAE resident (20%)
- AED 98,000
- Deposit, non-resident (40%)
- AED 196,000
- Monthly over 25 years at 3.7%
- AED 2,005
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →