1-bed · 1,087 sqftAl Arta 3, The Greens · Ground floor

G02, Al Arta 3

Sold prices and rental history: sold twice, last in February 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 1.1M2 February 2017
Current rentAED 90K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Al Arta 3

What is G02 worth today?

Last sold for AED 1,100,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Aug 2024RentedRenewal
AED 90,000/yr12 months · AED 83 per sqft
10 Aug 2023RentedNew contract
AED 90,000/yr12 months · AED 83 per sqft
2 Aug 2022RentedNew contract
AED 65,000/yr12 months · AED 60 per sqft
1 Aug 2021RentedRenewal
AED 52,000/yr12 months · AED 48 per sqft
1 Aug 2019RentedNew contract
AED 65,000/yr12 months · AED 60 per sqft
25 Mar 2019RentedNew contract
AED 75,000/yr12 months · AED 69 per sqft
20 Feb 2018RentedNew contract
AED 80,000/yr12 months · AED 74 per sqft
2 Feb 2017SoldReady
AED 1,100,000AED 1,011 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
1-bed apartment
Size
1,087 sqft
Floor
Ground of 7
Parking
275
Service charge
AED 16,800 /yr
Last sold
AED 1.1M · February 2017
Building
Al Arta 3

About G02, Al Arta 3

G02 is a one-bedroom apartment of 1,087 sqft on the ground floor of Al Arta 3, a 7-storey tower in The Greens. It last sold on 2 February 2017 for AED 1,100,000, or AED 1,011 per sqft, in line with the AED 1,011 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 90,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 16,800 a year.

Sales and rents for G02 over time

Sales
Unit G02, 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, November 2010: AED 1,150,000 (AED 1,057 per sqft)Sold, February 2017: AED 1,100,000 (AED 1,011 per sqft)

G02 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G02, each contractTypical one-bed in Al Arta 3
50K75K2012201620202024Typical 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, February 2018: AED 80,000 a yearNew contract, March 2019: AED 75,000 a yearNew contract, August 2019: AED 65,000 a yearRenewal, August 2021: AED 52,000 a yearNew contract, August 2022: AED 65,000 a yearNew contract, August 2023: AED 90,000 a yearRenewal, August 2024: AED 90,000 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 G02 sits

All 65 1-beds →

G02 last sold in February 2017 at AED 1,011 per sqft, in line with what one-beds in Al Arta 3 were fetching at the time (AED 1,011). 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. G02's AED 90,000 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 ground floor

All 118 units in Al Arta 3
Value
G011-bedAED 850K · Mar 2022
G031-bedAED 1.2M · May 2024
G041-bedAED 700K · Feb 2012
G052-bedAED 2.1M · Jun 2016
G061-bedAED 700K · Jun 2012
G071-bedAED 178K · Nov 2008
G081-bedAED 178K · Oct 2007
1–7 of 18

G02, Al Arta 3 in numbers

  • Sold twice: first on 10 November 2010 for AED 1,150,000, last on 2 February 2017 for AED 1,100,000 (AED 1,011 per sqft).
  • Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 52,000 in 2021 and recovered to AED 90,000 by August 2024.
  • At AED 90,000 a year the gross yield on the 2017 price is 8.2%, before a service charge of about AED 16,800 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 10 August 2024.

Questions about G02, Al Arta 3

What did unit G02 last sell for?

AED 1,100,000 on 2 February 2017: AED 1,011 per sqft for 1,087 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in November 2010.

What is the rent for unit G02?

AED 90,000 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 90,000; the unit has been rented since February 2018.

How big is unit G02?

1,087 sqft (101.0 sqm): a one-bedroom apartment on the ground floor of a 7-storey tower.

What is unit G02 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.

Selling G02? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on G02, Al Arta 3

Starts from the last sale price (AED 1.1M, 2 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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