1-bed · 741 sqftAl Arta 4, The Greens · 3rd floor

315, Al Arta 4

Sold prices and rental history: sold twice, last in May 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 14 October 2023
Last soldAED 630K31 May 2010
Current rentAED 72K /yr14 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Al Arta 4

What is 315 worth today?

Last sold for AED 630,000 in 2010

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14 Oct 2023RentedRenewal
AED 72,000/yr12 months · AED 97 per sqft
14 Oct 2022RentedNew contract
AED 66,000/yr12 months · AED 89 per sqft
1 Oct 2019RentedRenewal
AED 58,000/yr12 months · AED 78 per sqft
1 Oct 2018RentedNew contract
AED 68,000/yr12 months · AED 92 per sqft
10 Sep 2017RentedNew contract
AED 70,000/yr12 months · AED 94 per sqft
14 May 2016RentedRenewal
AED 84,000/yr12 months · AED 113 per sqft
14 May 2015RentedNew contract
AED 84,000/yr12 months · AED 113 per sqft
1 Feb 2015RentedNew contract
AED 84,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 14 October 2023.

Key facts

Type
1-bed apartment
Size
741 sqft
Floor
3rd of 7
Parking
184
Service charge
AED 11,400 /yr
Last sold
AED 630K · May 2010
Building
Al Arta 4

About 315, Al Arta 4

315 is a one-bedroom apartment of 741 sqft on the 3rd floor of Al Arta 4, a 7-storey tower in The Greens. It last sold on 31 May 2010 for AED 630,000, or AED 850 per sqft, 7% above the AED 798 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 14 October 2023, is AED 72,000 a year: a gross yield of 11.4% on the 2010 price, before the service charge of about AED 11,400 a year.

Sales and rents for 315 over time

Sales
Unit 315, each saleTypical one-bed in Al Arta 4
500K1M20072012201720222027Typical sale price by year: 2007 AED 387,800; 2008 AED 745,000; 2009 AED 452,800; 2010 AED 450,800; 2011 AED 520,000; 2012 AED 680,000; 2013 AED 950,000; 2014 AED 1,250,000; 2015 AED 1,000,000; 2016 AED 925,000; 2017 AED 1,000,000; 2019 AED 486,821; 2020 AED 610,000; 2021 AED 830,000; 2022 AED 680,000; 2023 AED 925,000; 2024 AED 1,102,500; 2025 AED 1,225,000; 2026 AED 1,310,000Sold by developer, April 2008: AED 376,888 (AED 508 per sqft)Sold, May 2010: AED 630,000 (AED 850 per sqft)

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

Rents
Unit 315, each contractTypical one-bed in Al Arta 4
40K60K80K2012201620202024Typical rent by year: 2012 AED 56,250; 2013 AED 66,000; 2014 AED 80,000; 2015 AED 81,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 62,500; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 52,000; 2023 AED 60,000; 2024 AED 72,750; 2025 AED 80,000; 2026 AED 80,000New contract, January 2013: AED 67,000 a yearNew contract, March 2014: AED 80,000 a yearNew contract, February 2015: AED 84,000 a yearNew contract, May 2015: AED 84,000 a yearRenewal, May 2016: AED 84,000 a yearNew contract, September 2017: AED 70,000 a yearNew contract, October 2018: AED 68,000 a yearRenewal, October 2019: AED 58,000 a yearNew contract, October 2022: AED 66,000 a yearRenewal, October 2023: AED 72,000 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 4, and where 315 sits

All 75 1-beds →

315 last sold in May 2010 at AED 850 per sqft, 7% above what one-beds in Al Arta 4 were fetching at the time (AED 798). Over the last 12 months one-beds sold for AED 1,150,000 to 1,640,000, around AED 1,756 per sqft, and rent for AED 66,792 to 135,000 a year. 315's AED 72,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Aug 20261,150,000
17 Aug 20261,450,000
4 Aug 20261,350,000
2 Jul 20261,285,000
8 1-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 3rd floor

All 108 units in Al Arta 4
Value
3011-bedAED 424K · Jun 2013
3021-bedAED 380K · Apr 2019
3031-bedAED 450K · May 2011
3041-bedAED 460K · Nov 2010
3052-bedAED 2.32M · Mar 2026
3061-bedAED 1.29M · May 2023
3071-bedAED 1.35M · Apr 2024
1–7 of 18

315, Al Arta 4 in numbers

  • Sold twice: first on 24 April 2008 for AED 376,888, last on 31 May 2010 for AED 630,000 (AED 850 per sqft).
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 67,000 to AED 58,000 in 2019 and recovered to AED 72,000 by October 2023.
  • At AED 72,000 a year the gross yield on the 2010 price is 11.4%, before a service charge of about AED 11,400 a year (AED 15.45 per sqft).
  • One-beds in Al Arta 4 sold for AED 1,150,000–1,640,000 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 14 October 2023.

Questions about 315, Al Arta 4

What did unit 315 last sell for?

AED 630,000 on 31 May 2010: AED 850 per sqft for 741 sqft. The unit has 2 registered sales; the first was AED 376,888 in April 2008.

What is the rent for unit 315?

AED 72,000 a year on the contract renewed on 14 October 2023. The previous contract, from October 2022, was AED 66,000; the unit has been rented since January 2013.

How big is unit 315?

741 sqft (68.8 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 315 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 4 sold for AED 1,150,000 to 1,640,000 in the last 12 months, around AED 1,756 per sqft.

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Mortgage on 315, Al Arta 4

Starts from the last sale price (AED 630K, 31 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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