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

G03, Al Arta 3

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 6 May 2024
Last soldAED 1.2M6 May 2024
Current rentAED 60K /yr12 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Al Arta 3

What is G03 worth today?

Last sold for AED 1,200,000 in 2024

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6 May 2024SoldReady
AED 1,200,000AED 1,103 per sqft
12 Mar 2022RentedRenewal
AED 60,000/yr12 months · AED 55 per sqft
12 Mar 2021RentedNew contract
AED 55,000/yr12 months · AED 51 per sqft
1 Mar 2020RentedNew contract
AED 62,000/yr12 months · AED 57 per sqft
1 Sep 2019RentedNew contract
AED 61,000/yr12 months · AED 56 per sqft
8 Aug 2016RentedNew contract
AED 95,000/yr12 months · AED 87 per sqft
29 Jun 2016SoldReady
AED 1,090,000AED 1,002 per sqft
25 Oct 2014RentedNew contract
AED 73,500/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 6 May 2024.

Key facts

Type
1-bed apartment
Size
1,087 sqft
Floor
Ground of 7
Parking
302
Service charge
AED 16,800 /yr
Last sold
AED 1.2M · May 2024
Building
Al Arta 3

About G03, Al Arta 3

G03 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 6 May 2024 for AED 1,200,000, or AED 1,103 per sqft, 17% below the AED 1,329 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 12 March 2022, is AED 60,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 16,800 a year.

Sales and rents for G03 over time

Sales
Unit G03, 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 920,000 (AED 846 per sqft)Sold, June 2016: AED 1,090,000 (AED 1,002 per sqft)Sold, May 2024: AED 1,200,000 (AED 1,103 per sqft)

G03 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit G03, each contractTypical one-bed in Al Arta 3
50K75K100K2012201620202024Typical 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, October 2014: AED 73,500 a yearNew contract, August 2016: AED 95,000 a yearNew contract, September 2019: AED 61,000 a yearNew contract, March 2020: AED 62,000 a yearNew contract, March 2021: AED 55,000 a yearRenewal, March 2022: AED 60,000 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 G03 sits

All 65 1-beds →

G03 last sold in May 2024 at AED 1,103 per sqft, 17% below what one-beds in Al Arta 3 were fetching at the time (AED 1,329). 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. G03's AED 60,000 is at the bottom 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
G021-bedAED 1.1M · Feb 2017
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

G03, Al Arta 3 in numbers

  • Sold 3 times: first on 10 November 2010 for AED 920,000, last on 6 May 2024 for AED 1,200,000 (AED 1,103 per sqft).
  • Rented since October 2014 on 6 Ejari contracts, from AED 73,500 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.0%, 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 6 May 2024.

Questions about G03, Al Arta 3

What did unit G03 last sell for?

AED 1,200,000 on 6 May 2024: AED 1,103 per sqft for 1,087 sqft. The unit has 3 registered sales; the first was AED 920,000 in November 2010.

What is the rent for unit G03?

AED 60,000 a year on the contract renewed on 12 March 2022. The previous contract, from March 2021, was AED 55,000; the unit has been rented since October 2014.

How big is unit G03?

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

What is unit G03 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 G03, Al Arta 3

Starts from the last sale price (AED 1.2M, 6 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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