2-bed · 1,156 sqftAl Arta 4, The Greens · 2nd floor

217, Al Arta 4

Sold prices and rental history: sold once, by the developer in November 2010, and rented once, from February 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 7 February 2015
Last soldAED 525K28 November 2010
Current rentAED 120K /yr7 February 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Al Arta 4

What is 217 worth today?

Last sold for AED 524,800 in 2010

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7 Feb 2015RentedNew contract
AED 120,000/yr12 months · AED 104 per sqft
28 Nov 2010Sold by developerReady
AED 524,800AED 453 per sqft

Source: Dubai Land Department. Updated 7 February 2015.

Key facts

Type
2-bed apartment
Size
1,156 sqft
Floor
2nd of 7
Parking
161
Service charge
AED 17,900 /yr
Last sold
AED 525K · November 2010
Building
Al Arta 4

About 217, Al Arta 4

217 is a two-bedroom apartment of 1,156 sqft on the 2nd floor of Al Arta 4, a 7-storey tower in The Greens. The developer sold it on 28 November 2010 for AED 524,800, or AED 453 per sqft, 7% below the AED 486 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 February 2015. The current contract, signed on 7 February 2015, is AED 120,000 a year: a gross yield of 22.9% on the 2010 price, before the service charge of about AED 17,900 a year.

Sales and rents for 217 over time

Sales
Unit 217, each saleTypical two-bed in Al Arta 4
1M2M2007201220172022Typical sale price by year: 2007 AED 657,400; 2008 AED 1,342,500; 2009 AED 831,900; 2010 AED 713,800; 2011 AED 800,000; 2012 AED 1,125,000; 2013 AED 1,300,000; 2014 AED 1,800,000; 2015 AED 1,465,000; 2023 AED 1,340,000Sold by developer, November 2010: AED 524,800 (AED 453 per sqft)

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

Rents
Unit 217, each contractTypical two-bed in Al Arta 4
75K100K125K2012201620202024Typical rent by year: 2012 AED 94,500; 2013 AED 95,000; 2014 AED 119,000; 2015 AED 125,000; 2016 AED 128,050; 2017 AED 120,500; 2018 AED 105,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 80,000; 2022 AED 86,125; 2023 AED 99,000; 2024 AED 125,000; 2025 AED 125,000; 2026 AED 128,000New contract, February 2015: AED 120,000 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 4, and where 217 sits

All 33 2-beds →

217 last sold in November 2010 at AED 453 per sqft, 7% below what two-beds in Al Arta 4 were fetching at the time (AED 486). Over the last 12 months two-beds sold for AED 1,810,000 to 2,315,000, around AED 1,587 per sqft, and rent for AED 114,400 to 175,000 a year. 217's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20261,810,000
26 Mar 20262,315,000
31 Oct 20252,200,000
1 Oct 20242,000,000
2 2-bed sales in the last 12 months

Al Arta 4

Building

108 apartments, 1-bed to 2-bed over 7 floors in The Greens. 10 sold in the last 12 months.

Typical price per sqft
AED 1,739
Typical sale
AED 1.4M
Typical rent
AED 90K /yr
Typical yield
5.8%
Al Arta 4, The Greens: prices, sales and rents →

Other units on the 2nd floor

All 108 units in Al Arta 4
Value
2011-bedAED 1.05M · Sep 2017
2021-bedAED 1.64M · Dec 2025
2031-bedAED 1.3M · Jun 2014
2041-bedAED 1.35M · Aug 2026
2052-bedAED 1.24M · Apr 2022
2061-bedAED 1M · Dec 2015
2071-bedAED 1.03M · Oct 2008
1–7 of 18

217, Al Arta 4 in numbers

  • Sold once: by the developer on 28 November 2010 for AED 524,800, or AED 453 per sqft.
  • Rented since February 2015 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2010 price is 22.9%, before a service charge of about AED 17,900 a year (AED 15.45 per sqft).
  • Two-beds in Al Arta 4 sold for AED 1,810,000–2,315,000 in the 12 months to November 2026; the building's median across all types is AED 1,739 per sqft.

Source: Dubai Land Department. Updated 7 February 2015.

Questions about 217, Al Arta 4

What did unit 217 last sell for?

AED 524,800 on 28 November 2010, sold by the developer: AED 453 per sqft for 1,156 sqft. It is the only registered sale of the unit.

What is the rent for unit 217?

AED 120,000 a year on the contract signed on 7 February 2015.

How big is unit 217?

1,156 sqft (107.4 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower.

What is unit 217 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 4 sold for AED 1,810,000 to 2,315,000 in the last 12 months, around AED 1,587 per sqft.

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Mortgage on 217, Al Arta 4

Starts from the last sale price (AED 525K, 28 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 524,800
Deposit, UAE resident (20%)
AED 104,960
Deposit, non-resident (40%)
AED 209,920
Monthly over 25 years at 3.7%
AED 2,147

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