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1-bed · 739 sqftAl Arta 3, The Greens · 2nd floor

207, Al Arta 3

Sold prices and rental history: sold 3 times, last in November 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 19 November 2018
Last soldAED 740K19 November 2018
Current rentAED 72K /yr28 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 207, Al Arta 3

What is 207 worth today?

Last sold for AED 740,000 in 2018

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19 Nov 2018SoldReady
AED 740,000AED 1,000 per sqft
28 May 2018RentedRenewal
AED 72,000/yr12 months · AED 97 per sqft
28 May 2017RentedNew contract
AED 75,000/yr12 months · AED 101 per sqft
12 Nov 2016RentedNew contract
AED 85,000/yr12 months · AED 114 per sqft
13 May 2015SoldReady
AED 1,010,000AED 1,365 per sqft
1 Aug 2012RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
1 Aug 2012RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
22 Nov 2007Sold by developerReady
AED 645,000AED 872 per sqft

Source: Dubai Land Department. Updated 19 November 2018.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
2nd of 7
Parking
297
Service charge
AED 11,400 /yr
Last sold
AED 740K · November 2018
Building
Al Arta 3

About 207, Al Arta 3

207 is a one-bedroom apartment of 739 sqft on the 2nd floor of Al Arta 3, a 7-storey tower in The Greens. It last sold on 19 November 2018 for AED 740,000, or AED 1,000 per sqft, in line with the AED 1,000 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 28 May 2018, is AED 72,000 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 11,400 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical one-bed in Al Arta 3
500K1M1.5M20072012201720222027Typical sale price by year: 2007 AED 444,800; 2008 AED 620,000; 2009 AED 449,800; 2010 AED 650,000; 2011 AED 502,500; 2012 AED 700,000; 2013 AED 825,000; 2014 AED 1,090,000; 2015 AED 1,045,000; 2016 AED 875,000; 2017 AED 1,060,000; 2018 AED 500,000; 2022 AED 775,000; 2023 AED 880,000; 2024 AED 1,165,000; 2025 AED 1,300,000; 2026 AED 1,437,500Sold by developer, November 2007: AED 645,000 (AED 872 per sqft)Sold, May 2015: AED 1,010,000 (AED 1,365 per sqft)Sold, November 2018: AED 740,000 (AED 1,000 per sqft)

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

Rents
Unit 207, each contractTypical one-bed in Al Arta 3
40K60K80K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 66,000; 2014 AED 80,000; 2015 AED 82,000; 2016 AED 83,000; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 60,000; 2020 AED 49,000; 2021 AED 45,000; 2022 AED 54,000; 2023 AED 66,000; 2024 AED 79,429; 2025 AED 80,000; 2026 AED 80,000New contract, August 2012: AED 65,000 a yearNew contract, August 2012: AED 65,000 a yearNew contract, November 2016: AED 85,000 a yearNew contract, May 2017: AED 75,000 a yearRenewal, May 2018: AED 72,000 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 3, and where 207 sits

All 65 1-beds →

207 last sold in November 2018 at AED 1,000 per sqft, in line with what one-beds in Al Arta 3 were fetching at the time (AED 1,000). Over the last 12 months one-beds sold for AED 1,175,000 to 1,640,000, around AED 1,791 per sqft, and rent for AED 66,412 to 125,000 a year. 207's AED 72,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Jun 20261,175,000
5 Mar 20261,350,000
5 Feb 20261,640,000
14 Jan 20261,525,000
6 1-bed sales in the last 12 months

Al Arta 3

Building

118 apartments, studios to 2-bed over 7 floors in The Greens. 9 sold in the last 12 months.

Typical price per sqft
AED 1,757
Typical sale
AED 1.3M
Typical rent
AED 85K /yr
Typical yield
5.9%
Al Arta 3, The Greens: prices, sales and rents →

Other units on the 2nd floor

All 118 units in Al Arta 3
Value
2011-bedAED 208K · May 2010
2021-bedAED 1.5M · Mar 2025
2031-bedAED 1.17M · Jan 2015
2041-bedAED 375K · Aug 2016
2052-bedAED 714K · Jan 2009
2061-bedAED 680K · Jul 2007
2081-bedAED 975K · Nov 2014
1–7 of 20

207, Al Arta 3 in numbers

  • Sold 3 times: first on 22 November 2007 for AED 645,000, last on 19 November 2018 for AED 740,000 (AED 1,000 per sqft).
  • Rented since August 2012 on 5 Ejari contracts, from AED 65,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2018 price is 9.7%, before a service charge of about AED 11,400 a year (AED 15.45 per sqft).
  • One-beds in Al Arta 3 sold for AED 1,175,000–1,640,000 in the 12 months to November 2026; the building's median across all types is AED 1,757 per sqft.

Source: Dubai Land Department. Updated 19 November 2018.

Questions about 207, Al Arta 3

What did unit 207 last sell for?

AED 740,000 on 19 November 2018: AED 1,000 per sqft for 739 sqft. The unit has 3 registered sales; the first was AED 645,000 in November 2007.

What is the rent for unit 207?

AED 72,000 a year on the contract renewed on 28 May 2018. The previous contract, from May 2017, was AED 75,000; the unit has been rented since August 2012.

How big is unit 207?

739 sqft (68.7 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower.

What is unit 207 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 3 sold for AED 1,175,000 to 1,640,000 in the last 12 months, around AED 1,791 per sqft.

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Mortgage on 207, Al Arta 3

Starts from the last sale price (AED 740K, 19 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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