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1-bed · 743 sqftAl Arta 3, The Greens · 2nd floor

214, Al Arta 3

Sold prices and rental history: sold 4 times, last in July 2014, and rented once, from January 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 20 July 2014
Last soldAED 575K20 July 2014
Current rentAED 64K /yr28 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 214, Al Arta 3

What is 214 worth today?

Last sold for AED 575,000 in 2014

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20 Jul 2014SoldReady
AED 575,000AED 773 per sqft
28 Jan 2013RentedNew contract
AED 64,000/yr12 months · AED 86 per sqft
10 Nov 2008SoldReady
AED 1,400,000AED 1,884 per sqft
28 Apr 2008Sold by developerReady
AED 1,270,000AED 1,709 per sqft
28 Apr 2008SoldReady
AED 372,800AED 501 per sqft

Source: Dubai Land Department. Updated 20 July 2014.

Key facts

Type
1-bed apartment
Size
743 sqft
Floor
2nd of 7
Parking
317
Service charge
AED 11,500 /yr
Last sold
AED 575K · July 2014
Building
Al Arta 3

About 214, Al Arta 3

214 is a one-bedroom apartment of 743 sqft on the 2nd floor of Al Arta 3, a 7-storey tower in The Greens. It last sold on 20 July 2014 for AED 575,000, or AED 773 per sqft, 47% below the AED 1,471 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 January 2013. The current contract, signed on 28 January 2013, is AED 64,000 a year: a gross yield of 11.1% on the 2014 price, before the service charge of about AED 11,500 a year.

Sales and rents for 214 over time

Sales
Unit 214, 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, April 2008: AED 1,270,000 (AED 1,709 per sqft)Sold, April 2008: AED 372,800 (AED 501 per sqft)Sold, November 2008: AED 1,400,000 (AED 1,884 per sqft)Sold, July 2014: AED 575,000 (AED 773 per sqft)

214 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 214, 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, January 2013: AED 64,000 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 214 sits

All 65 1-beds →

214 last sold in July 2014 at AED 773 per sqft, 47% below what one-beds in Al Arta 3 were fetching at the time (AED 1,471). 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. 214's AED 64,000 is at the bottom 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
2071-bedAED 740K · Nov 2018
1–7 of 20

214, Al Arta 3 in numbers

  • Sold 4 times: first on 28 April 2008 for AED 372,800, last on 20 July 2014 for AED 575,000 (AED 773 per sqft).
  • Rented since January 2013 on one Ejari contract, at AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2014 price is 11.1%, before a service charge of about AED 11,500 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 20 July 2014.

Questions about 214, Al Arta 3

What did unit 214 last sell for?

AED 575,000 on 20 July 2014: AED 773 per sqft for 743 sqft. The unit has 4 registered sales; the first was AED 372,800 in April 2008.

What is the rent for unit 214?

AED 64,000 a year on the contract signed on 28 January 2013.

How big is unit 214?

743 sqft (69.0 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower.

What is unit 214 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 214, Al Arta 3

Starts from the last sale price (AED 575K, 20 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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