Studio · 465 sqftAl Arta 3, The Greens · Ground floor

G12B, Al Arta 3

Sold prices and rental history: sold twice, last in October 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G12B · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 530K21 October 2009
Current rentAED 59K /yr18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G12B, Al Arta 3

What is G12B worth today?

Last sold for AED 530,000 in 2009

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18 Oct 2024RentedRenewal
AED 59,000/yr12 months · AED 127 per sqft
18 Oct 2023RentedNew contract
AED 59,000/yr12 months · AED 127 per sqft
13 Oct 2022RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
5 Oct 2021RentedNew contract
AED 30,000/yr12 months · AED 65 per sqft
12 Aug 2020RentedNew contract
AED 32,000/yr12 months · AED 69 per sqft
1 May 2017RentedNew contract
AED 56,000/yr12 months · AED 121 per sqft
25 Mar 2014RentedNew contract
AED 65,000/yr12 months · AED 140 per sqft
21 Oct 2009SoldReady
AED 530,000AED 1,140 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
Studio apartment
Size
465 sqft
Floor
Ground of 7
Parking
261
Service charge
AED 7,200 /yr
Last sold
AED 530K · October 2009
Building
Al Arta 3

About G12B, Al Arta 3

G12B is a studio of 465 sqft on the ground floor of Al Arta 3, a 7-storey tower in The Greens. It last sold on 21 October 2009 for AED 530,000, or AED 1,140 per sqft, in line with the AED 1,140 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 18 October 2024, is AED 59,000 a year: a gross yield of 11.1% on the 2009 price, before the service charge of about AED 7,200 a year.

Sales and rents for G12B over time

Sales
Unit G12B, each saleTypical studio in Al Arta 3
250K500K750K20082012201620202024Typical sale price by year: 2008 AED 471,900; 2010 AED 358,400; 2011 AED 287,900; 2012 AED 400,000; 2013 AED 580,000; 2016 AED 700,000; 2023 AED 572,500Sold by developer, April 2008: AED 199,800 (AED 429 per sqft)Sold, October 2009: AED 530,000 (AED 1,140 per sqft)

G12B has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit G12B, each contractTypical studio in Al Arta 3
40K60K2013201720212025Typical rent by year: 2013 AED 50,000; 2014 AED 60,000; 2015 AED 58,000; 2016 AED 65,000; 2017 AED 58,000; 2018 AED 47,500; 2019 AED 43,000; 2020 AED 34,500; 2021 AED 33,000; 2022 AED 40,000; 2023 AED 50,000; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 52,750New contract, March 2014: AED 65,000 a yearNew contract, May 2017: AED 56,000 a yearNew contract, August 2020: AED 32,000 a yearNew contract, October 2021: AED 30,000 a yearNew contract, October 2022: AED 45,000 a yearNew contract, October 2023: AED 59,000 a yearRenewal, October 2024: AED 59,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Arta 3, and where G12B sits

All 20 studios →

G12B last sold in October 2009 at AED 1,140 per sqft, in line with what studios in Al Arta 3 were fetching at the time (AED 1,140). Over the last 12 months studios sold for AED 690,000 to 950,000, around AED 1,785 per sqft, and rent for AED 50,000 to 85,000 a year. G12B's AED 59,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Mar 2026690,000
24 Nov 2025950,000
28 Jan 2025920,000
4 Jul 2024685,000
2 studio 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

G12B, Al Arta 3 in numbers

  • Sold twice: first on 20 April 2008 for AED 199,800, last on 21 October 2009 for AED 530,000 (AED 1,140 per sqft).
  • Rented since March 2014 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2021 and recovered to AED 59,000 by October 2024.
  • At AED 59,000 a year the gross yield on the 2009 price is 11.1%, before a service charge of about AED 7,200 a year (AED 15.45 per sqft).
  • Studios in Al Arta 3 sold for AED 690,000–950,000 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 18 October 2024.

Questions about G12B, Al Arta 3

What did unit G12B last sell for?

AED 530,000 on 21 October 2009: AED 1,140 per sqft for 465 sqft. The unit has 2 registered sales; the first was AED 199,800 in April 2008.

What is the rent for unit G12B?

AED 59,000 a year on the contract renewed on 18 October 2024. The previous contract, from October 2023, was AED 59,000; the unit has been rented since March 2014.

How big is unit G12B?

465 sqft (43.2 sqm): a studio on the ground floor of a 7-storey tower.

What is unit G12B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Arta 3 sold for AED 690,000 to 950,000 in the last 12 months, around AED 1,785 per sqft.

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Mortgage on G12B, Al Arta 3

Starts from the last sale price (AED 530K, 21 October 2009). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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