1-bed · 961 sqftAl Arta 2, The Greens · Ground floor

G16, Al Arta 2

Sold prices and rental history: sold 4 times, last in June 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G16 · DLD and Ejari recordsUpdated 22 November 2024
Last soldAED 800K25 June 2012
Current rentAED 75K /yr22 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G16, Al Arta 2

What is G16 worth today?

Last sold for AED 800,000 in 2012

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22 Nov 2024RentedRenewal
AED 75,000/yr12 months · AED 78 per sqft
22 Nov 2023RentedRenewal
AED 75,000/yr12 months · AED 78 per sqft
22 Nov 2022RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
10 Nov 2021RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
15 Jul 2020RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
10 Jun 2018RentedNew contract
AED 65,000/yr12 months · AED 68 per sqft
28 Sep 2017RentedRenewal
AED 83,000/yr12 months · AED 87 per sqft
28 Sep 2016RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 22 November 2024.

Key facts

Type
1-bed apartment
Size
961 sqft
Floor
Ground of 7
Parking
416
Service charge
AED 14,800 /yr
Last sold
AED 800K · June 2012
Building
Al Arta 2

About G16, Al Arta 2

G16 is a one-bedroom apartment of 961 sqft on the ground floor of Al Arta 2, a 7-storey tower in The Greens. It last sold on 25 June 2012 for AED 800,000, or AED 832 per sqft, in line with the AED 832 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 22 November 2024, is AED 75,000 a year: a gross yield of 9.4% on the 2012 price, before the service charge of about AED 14,800 a year.

Sales and rents for G16 over time

Sales
Unit G16, 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 2008: AED 659,200 (AED 685 per sqft)Sold, May 2012: AED 590,000 (AED 613 per sqft)Sold, June 2012: AED 800,000 (AED 832 per sqft)

G16 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G16, 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, September 2016: AED 85,000 a yearRenewal, September 2017: AED 83,000 a yearNew contract, June 2018: AED 65,000 a yearNew contract, July 2020: AED 50,000 a yearNew contract, November 2021: AED 50,000 a yearNew contract, November 2022: AED 75,000 a yearRenewal, November 2023: AED 75,000 a yearRenewal, November 2024: AED 75,000 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 G16 sits

All 65 1-beds →

G16 last sold in June 2012 at AED 832 per sqft, in line with what one-beds in Al Arta 2 were fetching at the time (AED 832). 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. G16's AED 75,000 is in the lower 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 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

G16, Al Arta 2 in numbers

  • Sold 4 times: first on 30 October 2007 for AED 174,400, last on 25 June 2012 for AED 800,000 (AED 832 per sqft).
  • Rented since September 2016 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 50,000 in 2021 and recovered to AED 75,000 by November 2024.
  • At AED 75,000 a year the gross yield on the 2012 price is 9.4%, before a service charge of about AED 14,800 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 22 November 2024.

Questions about G16, Al Arta 2

What did unit G16 last sell for?

AED 800,000 on 25 June 2012: AED 832 per sqft for 961 sqft. The unit has 4 registered sales; the first was AED 174,400 in October 2007.

What is the rent for unit G16?

AED 75,000 a year on the contract renewed on 22 November 2024. The previous contract, from November 2023, was AED 75,000; the unit has been rented since September 2016.

How big is unit G16?

961 sqft (89.3 sqm): a one-bedroom apartment on the ground floor of a 7-storey tower.

What is unit G16 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 G16, Al Arta 2

Starts from the last sale price (AED 800K, 25 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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