1-bed · 752 sqftAl Arta 3, The Greens · 7th floor

715, Al Arta 3

Sold prices and rental history: sold twice, last in October 2020, and rented once, from September 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 715 · DLD and Ejari recordsUpdated 26 October 2020
Last soldAED 550K26 October 2020
Current rentAED 68K /yr15 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 715, Al Arta 3

What is 715 worth today?

Last sold for AED 550,000 in 2020

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26 Oct 2020SoldReady
AED 550,000AED 731 per sqft
15 Sep 2013RentedNew contract
AED 68,000/yr12 months · AED 90 per sqft
16 Jul 2008Sold by developerReady
AED 680,000AED 904 per sqft

Source: Dubai Land Department. Updated 26 October 2020.

Key facts

Type
1-bed apartment
Size
752 sqft
Floor
7th of 7
Parking
268
Service charge
AED 11,600 /yr
Last sold
AED 550K · October 2020
Building
Al Arta 3

About 715, Al Arta 3

715 is a one-bedroom apartment of 752 sqft on the 7th floor of Al Arta 3, a 7-storey tower in The Greens. It last sold on 26 October 2020 for AED 550,000, or AED 731 per sqft.

One Ejari contract is registered, from 15 September 2013. The current contract, signed on 15 September 2013, is AED 68,000 a year: a gross yield of 12.4% on the 2020 price, before the service charge of about AED 11,600 a year.

Sales and rents for 715 over time

Sales
Unit 715, 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, July 2008: AED 680,000 (AED 904 per sqft)Sold, October 2020: AED 550,000 (AED 731 per sqft)

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

Rents
Unit 715, 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, September 2013: AED 68,000 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 715 sits

All 65 1-beds →

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. 715's AED 68,000 is in the lower half 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 7th floor

All 118 units in Al Arta 3
Value
7161-bedAED 74K · Aug 2022
7172-bedAED 582K · Nov 2010
7182-bedAED 1.4M · Apr 2022
7192-bedAED 2.1M · Sep 2014

715, Al Arta 3 in numbers

  • Sold twice: first on 16 July 2008 for AED 680,000, last on 26 October 2020 for AED 550,000 (AED 731 per sqft).
  • Rented since September 2013 on one Ejari contract, at AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2020 price is 12.4%, 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 26 October 2020.

Questions about 715, Al Arta 3

What did unit 715 last sell for?

AED 550,000 on 26 October 2020: AED 731 per sqft for 752 sqft. The unit has 2 registered sales; the first was AED 680,000 in July 2008.

What is the rent for unit 715?

AED 68,000 a year on the contract signed on 15 September 2013.

How big is unit 715?

752 sqft (69.9 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower.

What is unit 715 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 715, Al Arta 3

Starts from the last sale price (AED 550K, 26 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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