1-bed · 740 sqftAl Arta 3, The Greens · Ground floor

G08, Al Arta 3

Sold prices and rental history: sold once, by the developer in October 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G08 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 178K31 October 2007
Current rentAED 75K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G08, Al Arta 3

What is G08 worth today?

Last sold for AED 177,900 in 2007

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20 Sep 2024RentedNew contract
AED 75,000/yr12 months · AED 101 per sqft
10 Feb 2024RentedNew contract
AED 70,000/yr12 months · AED 95 per sqft
18 Dec 2022RentedRenewal
AED 55,000/yr12 months · AED 74 per sqft
18 Dec 2021RentedNew contract
AED 50,000/yr12 months · AED 68 per sqft
25 Nov 2020RentedNew contract
AED 41,500/yr7 months · AED 56 per sqft
25 Nov 2019RentedNew contract
AED 50,000/yr12 months · AED 68 per sqft
3 Nov 2017RentedNew contract
AED 70,000/yr12 months · AED 95 per sqft
1 Nov 2016RentedNew contract
AED 75,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
1-bed apartment
Size
740 sqft
Floor
Ground of 7
Parking
257
Service charge
AED 11,400 /yr
Last sold
AED 178K · October 2007
Building
Al Arta 3

About G08, Al Arta 3

G08 is a one-bedroom apartment of 740 sqft on the ground floor of Al Arta 3, a 7-storey tower in The Greens. The developer sold it on 31 October 2007 for AED 177,900, or AED 240 per sqft, 59% below the AED 591 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 20 September 2024, is AED 75,000 a year: a gross yield of 42.2% on the 2007 price, before the service charge of about AED 11,400 a year.

Sales and rents for G08 over time

Sales
Unit G08, each saleTypical one-bed in Al Arta 3
01M20072012201720222027Typical 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, October 2007: AED 177,900 (AED 240 per sqft)

G08 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit G08, 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, May 2014: AED 59,779 a yearNew contract, November 2016: AED 75,000 a yearNew contract, November 2017: AED 70,000 a yearNew contract, November 2019: AED 50,000 a yearNew contract, November 2020: AED 41,500 a yearNew contract, December 2021: AED 50,000 a yearRenewal, December 2022: AED 55,000 a yearNew contract, February 2024: AED 70,000 a yearNew contract, September 2024: AED 75,000 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 G08 sits

All 65 1-beds →

G08 last sold in October 2007 at AED 240 per sqft, 59% below what one-beds in Al Arta 3 were fetching at the time (AED 591). 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. G08's AED 75,000 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
G021-bedAED 1.1M · Feb 2017
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
1–7 of 18

G08, Al Arta 3 in numbers

  • Sold once: by the developer on 31 October 2007 for AED 177,900, or AED 240 per sqft.
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 59,779 to AED 41,500 in 2020 and recovered to AED 75,000 by September 2024.
  • At AED 75,000 a year the gross yield on the 2007 price is 42.2%, before a service charge of about AED 11,400 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 20 September 2024.

Questions about G08, Al Arta 3

What did unit G08 last sell for?

AED 177,900 on 31 October 2007, sold by the developer: AED 240 per sqft for 740 sqft. It is the only registered sale of the unit.

What is the rent for unit G08?

AED 75,000 a year on the contract signed on 20 September 2024. The previous contract, from February 2024, was AED 70,000; the unit has been rented since May 2014.

How big is unit G08?

740 sqft (68.7 sqm): a one-bedroom apartment on the ground floor of a 7-storey tower.

What is unit G08 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 G08, Al Arta 3

Starts from the last sale price (AED 178K, 31 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 177,900
Deposit, UAE resident (20%)
AED 35,580
Deposit, non-resident (40%)
AED 71,160
Monthly over 25 years at 3.7%
AED 728

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