518, Al Arta 3
Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 518, Al Arta 3
What is 518 worth today?
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Source: Dubai Land Department. Updated 27 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,305 sqft
- Floor
- 5th of 7
- Parking
- 241
- Service charge
- AED 20,200 /yr
- Last sold
- AED 2.15M · December 2024
- Building
- Al Arta 3
About 518, Al Arta 3
518 is a two-bedroom apartment of 1,305 sqft on the 5th floor of Al Arta 3, a 7-storey tower in The Greens. It last sold on 27 December 2024 for AED 2,150,000, or AED 1,647 per sqft, 6% above the AED 1,559 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 October 2019, is AED 103,500 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 20,200 a year.
Sales and rents for 518 over time
518 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Arta 3, and where 518 sits
All 33 2-beds →518 last sold in December 2024 at AED 1,647 per sqft, 6% above what two-beds in Al Arta 3 were fetching at the time (AED 1,559). Over the last 12 months two-beds sold for AED 2,000,000, around AED 1,502 per sqft, and rent for AED 93,000 to 170,000 a year. 518's AED 103,500 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Jul 202631 July 2026 | 1,331 sqft | 2,000,000 | 1,502 | ||
| 3 Sep 20253 September 2025 | 1,331 sqft | 2,655,000 | 1,994 | ||
| 18 Jul 202518 July 2025 | 1,156 sqft | 1,717,000 | 1,484 | ||
| 20 Mar 202520 March 2025 | 1,156 sqft | 1,910,000 | 1,651 |
Al Arta 3
Building118 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%
Other units on the 5th floor
All 118 units in Al Arta 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 515 | 1-bed | 752 sqft | AED 1.47MAED 1,470,000 · Jan 2025January 2025 | 110,000 /yr | |
| 516 | 1-bed | 753 sqft | AED 1.2MAED 1,200,000 · Jan 2025January 2025 | 105,000 /yr | |
| 517 | 2-bed | 1,156 sqft | AED 1.21MAED 1,210,000 · Nov 2022November 2022 | ||
| 519 | 2-bed | 1,331 sqft | AED 1.18MAED 1,175,000 · Feb 2012February 2012 | 115,500 /yr |
518, Al Arta 3 in numbers
- Sold 4 times: first on 21 February 2010 for AED 1,250,000, last on 27 December 2024 for AED 2,150,000 (AED 1,647 per sqft).
- Rented since June 2013 on 5 Ejari contracts, from AED 95,000 to AED 103,500 a year.
- At AED 103,500 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 20,200 a year (AED 15.45 per sqft).
- Two-beds in Al Arta 3 sold for AED 2,000,000–2,000,000 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 27 December 2024.
Questions about 518, Al Arta 3
What did unit 518 last sell for?
AED 2,150,000 on 27 December 2024: AED 1,647 per sqft for 1,305 sqft. The unit has 4 registered sales; the first was AED 1,250,000 in February 2010.
What is the rent for unit 518?
AED 103,500 a year on the contract renewed on 1 October 2019. The previous contract, from October 2018, was AED 105,000; the unit has been rented since June 2013.
How big is unit 518?
1,305 sqft (121.2 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower.
What is unit 518 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Arta 3 sold for AED 2,000,000 to 2,000,000 in the last 12 months, around AED 1,502 per sqft.
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Mortgage on 518, Al Arta 3
Starts from the last sale price (AED 2.15M, 27 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →