1-bed · 889 sqftAl Arta 2, The Greens · Ground floor

G15, Al Arta 2

Sold prices and rental history: sold twice, last in July 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G15 · DLD and Ejari recordsUpdated 8 September 2022
Last soldAED 610K15 July 2012
Current rentAED 48K /yr8 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G15, Al Arta 2

What is G15 worth today?

Last sold for AED 610,000 in 2012

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8 Sep 2022RentedRenewal
AED 48,000/yr12 months · AED 54 per sqft
8 Sep 2021RentedRenewal
AED 40,000/yr12 months · AED 45 per sqft
8 Sep 2020RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
7 Aug 2019RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft
16 Mar 2016RentedNew contract
AED 80,000/yr12 months · AED 90 per sqft
25 Feb 2015RentedNew contract
AED 80,000/yr12 months · AED 90 per sqft
15 Jul 2012SoldReady
AED 610,000AED 686 per sqft
9 Jan 2008Sold by developerReady · flagged as an outlier
AED 174,400AED 196 per sqft

Source: Dubai Land Department. Updated 8 September 2022.

Key facts

Type
1-bed apartment
Size
889 sqft
Floor
Ground of 7
Parking
417
Service charge
AED 13,700 /yr
Last sold
AED 610K · July 2012
Building
Al Arta 2

About G15, Al Arta 2

G15 is a one-bedroom apartment of 889 sqft on the ground floor of Al Arta 2, a 7-storey tower in The Greens. It last sold on 15 July 2012 for AED 610,000, or AED 686 per sqft, 20% below the AED 855 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 8 September 2022, is AED 48,000 a year: a gross yield of 7.9% on the 2012 price, before the service charge of about AED 13,700 a year.

Sales and rents for G15 over time

Sales
Unit G15, 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, July 2012: AED 610,000 (AED 686 per sqft)

G15 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit G15, each contractTypical one-bed in Al Arta 2
50K75K2012201620202024Typical 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, February 2015: AED 80,000 a yearNew contract, March 2016: AED 80,000 a yearNew contract, August 2019: AED 55,000 a yearNew contract, September 2020: AED 40,000 a yearRenewal, September 2021: AED 40,000 a yearRenewal, September 2022: AED 48,000 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 G15 sits

All 65 1-beds →

G15 last sold in July 2012 at AED 686 per sqft, 20% below what one-beds in Al Arta 2 were fetching at the time (AED 855). 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. G15's AED 48,000 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 ground floor

All 118 units in Al Arta 2
Value
G011-bedAED 1.2M · Jul 2024
G021-bedAED 432K · Nov 2007
G031-bedAED 11K · Apr 2013
G041-bedAED 1.56M · Jul 2025
G052-bedAED 1.85M · Dec 2022
G061-bedAED 1.42M · Jul 2024
G071-bedAED 700K · Jun 2019
1–7 of 18

G15, Al Arta 2 in numbers

  • Sold twice: first on 9 January 2008 for AED 174,400, last on 15 July 2012 for AED 610,000 (AED 686 per sqft).
  • Rented since February 2015 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 40,000 in 2021 and recovered to AED 48,000 by September 2022.
  • At AED 48,000 a year the gross yield on the 2012 price is 7.9%, before a service charge of about AED 13,700 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 8 September 2022.

Questions about G15, Al Arta 2

What did unit G15 last sell for?

AED 610,000 on 15 July 2012: AED 686 per sqft for 889 sqft. The unit has 2 registered sales; the first was AED 174,400 in January 2008.

What is the rent for unit G15?

AED 48,000 a year on the contract renewed on 8 September 2022. The previous contract, from September 2021, was AED 40,000; the unit has been rented since February 2015.

How big is unit G15?

889 sqft (82.6 sqm): a one-bedroom apartment on the ground floor of a 7-storey tower.

What is unit G15 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 G15, Al Arta 2

Starts from the last sale price (AED 610K, 15 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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