Studio · 458 sqftAl Arta 3, The Greens · 3rd floor

312A, Al Arta 3

Sold prices and rental history: sold 4 times, last in April 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312A · DLD and Ejari recordsUpdated 7 December 2024
Last soldAED 575K25 April 2023
Current rentAED 55K /yr7 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312A, Al Arta 3

What is 312A worth today?

Last sold for AED 575,000 in 2023

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7 Dec 2024RentedRenewal
AED 55,000/yr12 months · AED 119 per sqft
25 Apr 2023SoldReady
AED 575,000AED 1,255 per sqft
7 Dec 2022RentedRenewal
AED 37,950/yr12 months · AED 83 per sqft
7 Dec 2021RentedRenewal
AED 33,000/yr12 months · AED 72 per sqft
7 Dec 2020RentedNew contract
AED 29,000/yr12 months · AED 63 per sqft
5 Aug 2019RentedRenewal
AED 44,000/yr12 months · AED 96 per sqft
5 Aug 2018RentedNew contract
AED 44,000/yr12 months · AED 96 per sqft
18 Mar 2017RentedRenewal
AED 65,000/yr12 months · AED 142 per sqft

Source: Dubai Land Department. Updated 7 December 2024.

Key facts

Type
Studio apartment
Size
458 sqft
Floor
3rd of 7
Parking
330
Service charge
AED 7,100 /yr
Last sold
AED 575K · April 2023
Building
Al Arta 3

About 312A, Al Arta 3

312A is a studio of 458 sqft on the 3rd floor of Al Arta 3, a 7-storey tower in The Greens. It last sold on 25 April 2023 for AED 575,000, or AED 1,255 per sqft.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 7 December 2024, is AED 55,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 7,100 a year.

Sales and rents for 312A over time

Sales
Unit 312A, each saleTypical studio in Al Arta 3
250K500K750K20082012201620202024Typical sale price by year: 2008 AED 471,900; 2010 AED 358,400; 2011 AED 287,900; 2012 AED 400,000; 2013 AED 580,000; 2016 AED 700,000; 2023 AED 572,500Sold by developer, April 2008: AED 730,000 (AED 1,593 per sqft)Sold, June 2008: AED 810,000 (AED 1,768 per sqft)Sold, November 2016: AED 705,000 (AED 1,538 per sqft)Sold, April 2023: AED 575,000 (AED 1,255 per sqft)

312A has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 312A, each contractTypical studio in Al Arta 3
40K60K2013201720212025Typical rent by year: 2013 AED 50,000; 2014 AED 60,000; 2015 AED 58,000; 2016 AED 65,000; 2017 AED 58,000; 2018 AED 47,500; 2019 AED 43,000; 2020 AED 34,500; 2021 AED 33,000; 2022 AED 40,000; 2023 AED 50,000; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 52,750New contract, March 2015: AED 65,000 a yearRenewal, March 2016: AED 65,000 a yearRenewal, March 2017: AED 65,000 a yearNew contract, August 2018: AED 44,000 a yearRenewal, August 2019: AED 44,000 a yearNew contract, December 2020: AED 29,000 a yearRenewal, December 2021: AED 33,000 a yearRenewal, December 2022: AED 37,950 a yearRenewal, December 2024: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Arta 3, and where 312A sits

All 20 studios →

Over the last 12 months studios sold for AED 690,000 to 950,000, around AED 1,785 per sqft, and rent for AED 50,000 to 85,000 a year. 312A's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Mar 2026690,000
24 Nov 2025950,000
28 Jan 2025920,000
4 Jul 2024685,000
2 studio 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
3021-bedAED 950K · Mar 2012
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
1–7 of 20

312A, Al Arta 3 in numbers

  • Sold 4 times: first on 8 April 2008 for AED 730,000, last on 25 April 2023 for AED 575,000 (AED 1,255 per sqft).
  • Rented since March 2015 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 29,000 in 2020 and recovered to AED 55,000 by December 2024.
  • At AED 55,000 a year the gross yield on the 2023 price is 9.6%, before a service charge of about AED 7,100 a year (AED 15.45 per sqft).
  • Studios in Al Arta 3 sold for AED 690,000–950,000 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 7 December 2024.

Questions about 312A, Al Arta 3

What did unit 312A last sell for?

AED 575,000 on 25 April 2023: AED 1,255 per sqft for 458 sqft. The unit has 4 registered sales; the first was AED 730,000 in April 2008.

What is the rent for unit 312A?

AED 55,000 a year on the contract renewed on 7 December 2024. The previous contract, from December 2022, was AED 37,950; the unit has been rented since March 2015.

How big is unit 312A?

458 sqft (42.5 sqm): a studio on the 3rd floor of a 7-storey tower.

What is unit 312A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Arta 3 sold for AED 690,000 to 950,000 in the last 12 months, around AED 1,785 per sqft.

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Mortgage on 312A, Al Arta 3

Starts from the last sale price (AED 575K, 25 April 2023). 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 →