616, Al Arta 3
Sold prices and rental history: sold 3 times, last in January 2023, 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 616, Al Arta 3
What is 616 worth today?
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Source: Dubai Land Department. Updated 30 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 753 sqft
- Floor
- 6th of 7
- Parking
- 278
- Service charge
- AED 11,600 /yr
- Last sold
- AED 700K · January 2023
- Building
- Al Arta 3
About 616, Al Arta 3
616 is a one-bedroom apartment of 753 sqft on the 6th floor of Al Arta 3, a 7-storey tower in The Greens. It last sold on 30 January 2023 for AED 700,000, or AED 930 per sqft, in line with the AED 949 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 48,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 11,600 a year.
Sales and rents for 616 over time
616 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 616 sits
All 65 1-beds →616 last sold in January 2023 at AED 930 per sqft, in line with what one-beds in Al Arta 3 were fetching at the time (AED 949). 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. 616's AED 48,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jun 202619 June 2026 | 800 sqft | 1,175,000 | 1,468 | ||
| 5 Mar 20265 March 2026 | 739 sqft | 1,350,000 | 1,825 | ||
| 5 Feb 20265 February 2026 | 739 sqft | 1,640,000 | 2,217 | ||
| 14 Jan 202614 January 2026 | 800 sqft | 1,525,000 | 1,905 |
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 6th floor
All 118 units in Al Arta 3616, Al Arta 3 in numbers
- Sold 3 times: first on 8 October 2008 for AED 650,000, last on 30 January 2023 for AED 700,000 (AED 930 per sqft).
- Rented since February 2013 on 6 Ejari contracts. The rent fell from AED 53,500 to AED 40,000 in 2021 and recovered to AED 48,000 by July 2022.
- At AED 48,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 11,600 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 30 January 2023.
Questions about 616, Al Arta 3
What did unit 616 last sell for?
AED 700,000 on 30 January 2023: AED 930 per sqft for 753 sqft. The unit has 3 registered sales; the first was AED 650,000 in October 2008.
What is the rent for unit 616?
AED 48,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 40,000; the unit has been rented since February 2013.
How big is unit 616?
753 sqft (70.0 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower.
What is unit 616 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 616, Al Arta 3
Starts from the last sale price (AED 700K, 30 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →