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2-bed · 1,305 sqftAl Arta 3, The Greens · 6th floor

618, Al Arta 3

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 618 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 1.78M8 July 2024
Current rentAED 99K /yr5 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 618, Al Arta 3

What is 618 worth today?

Last sold for AED 1,780,000 in 2024

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8 Jul 2024SoldReady
AED 1,780,000AED 1,364 per sqft
5 Mar 2024RentedRenewal
AED 98,806/yr7 months · AED 76 per sqft
5 Mar 2023RentedRenewal
AED 89,700/yr12 months · AED 69 per sqft
5 Mar 2022RentedRenewal
AED 78,000/yr12 months · AED 60 per sqft
5 Mar 2021RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
5 Mar 2020RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
6 Feb 2014RentedNew contract
AED 135,000/yr12 months · AED 104 per sqft
9 Nov 2010Sold by developerReady
AED 1,150,000AED 881 per sqft

Source: Dubai Land Department. Updated 8 July 2024.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
6th of 7
Parking
280
Service charge
AED 20,200 /yr
Last sold
AED 1.78M · July 2024
Building
Al Arta 3

About 618, Al Arta 3

618 is a two-bedroom apartment of 1,305 sqft on the 6th floor of Al Arta 3, a 7-storey tower in The Greens. It last sold on 8 July 2024 for AED 1,780,000, or AED 1,364 per sqft.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 5 March 2024, is AED 98,806 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 20,200 a year.

Sales and rents for 618 over time

Sales
Unit 618, each saleTypical two-bed in Al Arta 3
1M2M2008201320182023Typical sale price by year: 2008 AED 1,000,000; 2009 AED 514,800; 2010 AED 935,000; 2011 AED 647,800; 2012 AED 1,175,000; 2019 AED 930,000; 2020 AED 867,815; 2022 AED 1,250,000; 2024 AED 1,780,000; 2025 AED 1,930,000Sold by developer, November 2010: AED 1,150,000 (AED 881 per sqft)Sold, July 2024: AED 1,780,000 (AED 1,364 per sqft)

618 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 618, each contractTypical two-bed in Al Arta 3
100K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 95,000; 2014 AED 105,000; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 115,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 88,000; 2023 AED 94,875; 2024 AED 108,900; 2025 AED 130,000; 2026 AED 127,500New contract, February 2014: AED 135,000 a yearNew contract, March 2020: AED 80,000 a yearRenewal, March 2021: AED 70,000 a yearRenewal, March 2022: AED 78,000 a yearRenewal, March 2023: AED 89,700 a yearRenewal, March 2024: AED 98,806 a year

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 618 sits

All 33 2-beds →

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. 618's AED 98,806 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 Jul 20262,000,000
3 Sep 20252,655,000
18 Jul 20251,717,000
20 Mar 20251,910,000
1 2-bed sale 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 6th floor

All 118 units in Al Arta 3
Value
6151-bedAED 915K · Mar 2016
6161-bedAED 700K · Jan 2023
6172-bedAED 1.72M · Jul 2025
6192-bedAED 2M · Jul 2026

618, Al Arta 3 in numbers

  • Sold twice: first on 9 November 2010 for AED 1,150,000, last on 8 July 2024 for AED 1,780,000 (AED 1,364 per sqft).
  • Rented since February 2014 on 6 Ejari contracts. The rent fell from AED 135,000 to AED 70,000 in 2021 and recovered to AED 98,806 by March 2024.
  • At AED 98,806 a year the gross yield on the 2024 price is 5.5%, 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 8 July 2024.

Questions about 618, Al Arta 3

What did unit 618 last sell for?

AED 1,780,000 on 8 July 2024: AED 1,364 per sqft for 1,305 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in November 2010.

What is the rent for unit 618?

AED 98,806 a year on the contract renewed on 5 March 2024. The previous contract, from March 2023, was AED 89,700; the unit has been rented since February 2014.

How big is unit 618?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower.

What is unit 618 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 618, Al Arta 3

Starts from the last sale price (AED 1.78M, 8 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,000
Deposit, UAE resident (20%)
AED 356,000
Deposit, non-resident (40%)
AED 712,000
Monthly over 25 years at 3.7%
AED 7,283

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