Home
Dubai prices
About
Research
2-bed · 1,156 sqftAl Arta 4, The Greens · 6th floor

617, Al Arta 4

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.5M20 June 2023
Current rentAED 135K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 617

Property timeline for 617, Al Arta 4

What is 617 worth today?

Last sold for AED 1,500,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2024RentedNew contract
AED 135,000/yr12 months · AED 117 per sqft
28 Jul 2023RentedNew contract
AED 99,000/yr12 months · AED 86 per sqft
20 Jun 2023SoldReady
AED 1,500,000AED 1,297 per sqft
28 Jul 2022RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
25 Oct 2021RentedRenewal
AED 70,000/yr12 months · AED 61 per sqft
25 Oct 2020RentedRenewal
AED 68,000/yr12 months · AED 59 per sqft
25 Oct 2019RentedNew contract
AED 75,000/yr12 months · AED 65 per sqft
20 Sep 2018RentedNew contract
AED 92,500/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,156 sqft
Floor
6th of 7
Parking
222
Service charge
AED 17,900 /yr
Last sold
AED 1.5M · June 2023
Building
Al Arta 4

About 617, Al Arta 4

617 is a two-bedroom apartment of 1,156 sqft on the 6th floor of Al Arta 4, a 7-storey tower in The Greens. It last sold on 20 June 2023 for AED 1,500,000, or AED 1,297 per sqft.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 August 2024, is AED 135,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 17,900 a year.

Sales and rents for 617 over time

Sales
Unit 617, 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, October 2012: AED 870,000 (AED 752 per sqft)Sold, November 2014: AED 1,700,000 (AED 1,470 per sqft)Sold, June 2023: AED 1,500,000 (AED 1,297 per sqft)

617 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 617, each contractTypical two-bed in Al Arta 4
100K150K2012201620202024Typical 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, August 2013: AED 92,500 a yearNew contract, January 2015: AED 140,000 a yearRenewal, January 2016: AED 140,000 a yearNew contract, May 2017: AED 125,000 a yearNew contract, September 2018: AED 92,500 a yearNew contract, October 2019: AED 75,000 a yearRenewal, October 2020: AED 68,000 a yearRenewal, October 2021: AED 70,000 a yearNew contract, July 2022: AED 90,000 a yearNew contract, July 2023: AED 99,000 a yearNew contract, August 2024: AED 135,000 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 617 sits

All 33 2-beds →

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. 617's AED 135,000 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 6th floor

All 108 units in Al Arta 4
Value
6151-bedAED 402K · Oct 2009
6161-bedAED 402K · Oct 2009
6182-bedAED 1.34M · Mar 2023
6192-bedAED 2M · Oct 2024

617, Al Arta 4 in numbers

  • Sold 3 times: first on 9 October 2012 for AED 870,000, last on 20 June 2023 for AED 1,500,000 (AED 1,297 per sqft).
  • Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 92,500 to AED 68,000 in 2020 and recovered to AED 135,000 by August 2024.
  • At AED 135,000 a year the gross yield on the 2023 price is 9.0%, 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 1 August 2024.

Questions about 617, Al Arta 4

What did unit 617 last sell for?

AED 1,500,000 on 20 June 2023: AED 1,297 per sqft for 1,156 sqft. The unit has 3 registered sales; the first was AED 870,000 in October 2012.

What is the rent for unit 617?

AED 135,000 a year on the contract signed on 1 August 2024. The previous contract, from July 2023, was AED 99,000; the unit has been rented since August 2013.

How big is unit 617?

1,156 sqft (107.4 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower.

What is unit 617 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.

Selling 617? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 617, Al Arta 4

Starts from the last sale price (AED 1.5M, 20 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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