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2-bed · 2,371 sqftAl Arta 3, The Greens · Ground floor

G05, Al Arta 3

Sold prices and rental history: sold twice, last in June 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G05 · DLD and Ejari recordsUpdated 29 June 2016
Last soldAED 2.1M29 June 2016
Current rentAED 150K /yr1 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G05, Al Arta 3

What is G05 worth today?

Last sold for AED 2,100,000 in 2016

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29 Jun 2016SoldReady
AED 2,100,000AED 885 per sqft
1 May 2015RentedNew contract
AED 150,000/yr12 months · AED 63 per sqft
1 Oct 2013RentedNew contract
AED 100,000/yr12 months · AED 42 per sqft
25 May 2010Sold by developerReady
AED 1,060,500AED 447 per sqft

Source: Dubai Land Department. Updated 29 June 2016.

Key facts

Type
2-bed apartment
Size
2,371 sqft
Floor
Ground of 7
Parking
243
Service charge
AED 36,600 /yr
Last sold
AED 2.1M · June 2016
Building
Al Arta 3

About G05, Al Arta 3

G05 is a two-bedroom apartment of 2,371 sqft on the ground floor of Al Arta 3, a 7-storey tower in The Greens. It last sold on 29 June 2016 for AED 2,100,000, or AED 885 per sqft, 26% below the AED 1,204 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 May 2015, is AED 150,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 36,600 a year.

Sales and rents for G05 over time

Sales
Unit G05, 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, May 2010: AED 1,060,500 (AED 447 per sqft)Sold, June 2016: AED 2,100,000 (AED 885 per sqft)

G05 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G05, each contractTypical two-bed in Al Arta 3
100K150K2012201620202024Typical 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, October 2013: AED 100,000 a yearNew contract, May 2015: AED 150,000 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 G05 sits

All 33 2-beds →

G05 last sold in June 2016 at AED 885 per sqft, 26% below what two-beds in Al Arta 3 were fetching at the time (AED 1,204). 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. G05's AED 150,000 is in the upper 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 ground floor

All 118 units in Al Arta 3
Value
G011-bedAED 850K · Mar 2022
G021-bedAED 1.1M · Feb 2017
G031-bedAED 1.2M · May 2024
G041-bedAED 700K · Feb 2012
G061-bedAED 700K · Jun 2012
G071-bedAED 178K · Nov 2008
G081-bedAED 178K · Oct 2007
1–7 of 18

G05, Al Arta 3 in numbers

  • Sold twice: first on 25 May 2010 for AED 1,060,500, last on 29 June 2016 for AED 2,100,000 (AED 885 per sqft).
  • Rented since October 2013 on 2 Ejari contracts, from AED 100,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 36,600 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 29 June 2016.

Questions about G05, Al Arta 3

What did unit G05 last sell for?

AED 2,100,000 on 29 June 2016: AED 885 per sqft for 2,371 sqft. The unit has 2 registered sales; the first was AED 1,060,500 in May 2010.

What is the rent for unit G05?

AED 150,000 a year on the contract signed on 1 May 2015. The previous contract, from October 2013, was AED 100,000.

How big is unit G05?

2,371 sqft (220.3 sqm): a two-bedroom apartment on the ground floor of a 7-storey tower.

What is unit G05 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 G05, Al Arta 3

Starts from the last sale price (AED 2.1M, 29 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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