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1-bed · 800 sqftAl Arta 3, The Greens · 3rd floor

302, Al Arta 3

Sold prices and rental history: sold once, by the developer in March 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 25 September 2018
Last soldAED 950K1 March 2012
Current rentAED 66K /yr25 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, Al Arta 3

What is 302 worth today?

Last sold for AED 950,000 in 2012

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25 Sep 2018RentedNew contract
AED 66,000/yr12 months · AED 83 per sqft
25 Feb 2018RentedRenewal
AED 77,000/yr12 months · AED 97 per sqft
25 Feb 2017RentedRenewal
AED 85,000/yr12 months · AED 107 per sqft
25 Feb 2016RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft
1 Mar 2012Sold by developerReady
AED 950,000AED 1,187 per sqft

Source: Dubai Land Department. Updated 25 September 2018.

Key facts

Type
1-bed apartment
Size
800 sqft
Floor
3rd of 7
Parking
322
Service charge
AED 12,400 /yr
Last sold
AED 950K · March 2012
Building
Al Arta 3

About 302, Al Arta 3

302 is a one-bedroom apartment of 800 sqft on the 3rd floor of Al Arta 3, a 7-storey tower in The Greens. The developer sold it on 1 March 2012 for AED 950,000, or AED 1,187 per sqft, 83% above the AED 647 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 25 September 2018, is AED 66,000 a year: a gross yield of 7.0% on the 2012 price, before the service charge of about AED 12,400 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, March 2012: AED 950,000 (AED 1,187 per sqft)

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

Rents
Unit 302, 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, February 2016: AED 85,000 a yearRenewal, February 2017: AED 85,000 a yearRenewal, February 2018: AED 77,000 a yearNew contract, September 2018: AED 66,000 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 302 sits

All 65 1-beds →

302 last sold in March 2012 at AED 1,187 per sqft, 83% above what one-beds in Al Arta 3 were fetching at the time (AED 647). 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. 302's AED 66,000 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 3rd floor

All 118 units in Al Arta 3
Value
3011-bedAED 1.07M · Dec 2023
3031-bedAED 1.3M · Mar 2025
3041-bedAED 900K · Jul 2023
3052-bedAED 725K · Jul 2008
3061-bedAED 387K · Jan 2009
3071-bedAED 673K · Jan 2020
3081-bedAED 250K · Jul 2019
1–7 of 20

302, Al Arta 3 in numbers

  • Sold once: by the developer on 1 March 2012 for AED 950,000, or AED 1,187 per sqft.
  • Rented since February 2016 on 4 Ejari contracts, from AED 85,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2012 price is 7.0%, before a service charge of about AED 12,400 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 25 September 2018.

Questions about 302, Al Arta 3

What did unit 302 last sell for?

AED 950,000 on 1 March 2012, sold by the developer: AED 1,187 per sqft for 800 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 66,000 a year on the contract signed on 25 September 2018. The previous contract, from February 2018, was AED 77,000; the unit has been rented since February 2016.

How big is unit 302?

800 sqft (74.3 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 302 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 302, Al Arta 3

Starts from the last sale price (AED 950K, 1 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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