2-bed · 1,059 sqftAl Arta 1, The Greens · 1st floor

111, Al Arta 1

Sold prices and rental history: sold twice, last in February 2011, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 22 September 2023
Last soldAED 790K10 February 2011
Current rentAED 115K /yr22 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Al Arta 1

What is 111 worth today?

Last sold for AED 790,000 in 2011

Unlock today's estimate, updated daily, with

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

22 Sep 2023RentedNew contract
AED 115,000/yr12 months · AED 109 per sqft
15 Oct 2022RentedNew contract
AED 105,000/yr12 months · AED 100 per sqft
10 Feb 2011SoldReady
AED 790,000AED 746 per sqft
25 Sep 2007Sold by developerReady
AED 264,900AED 250 per sqft

Source: Dubai Land Department. Updated 22 September 2023.

Key facts

Type
2-bed apartment
Size
1,059 sqft
Floor
1st of 7
Parking
9
Service charge
AED 16,400 /yr
Last sold
AED 790K · February 2011
Building
Al Arta 1

About 111, Al Arta 1

111 is a two-bedroom apartment of 1,059 sqft on the 1st floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 10 February 2011 for AED 790,000, or AED 746 per sqft, 19% above the AED 628 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 22 September 2023, is AED 115,000 a year: a gross yield of 14.6% on the 2011 price, before the service charge of about AED 16,400 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical two-bed in Al Arta 1
01M2M2007201220172022Typical sale price by year: 2007 AED 705,900; 2008 AED 1,297,500; 2010 AED 714,800; 2011 AED 1,340,000; 2012 AED 647,800; 2013 AED 1,195,500; 2017 AED 1,550,000; 2019 AED 980,000; 2021 AED 1,037,500; 2022 AED 1,182,500; 2023 AED 1,550,000; 2024 AED 1,837,500Sold by developer, September 2007: AED 264,900 (AED 250 per sqft)Sold, February 2011: AED 790,000 (AED 746 per sqft)

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

Rents
Unit 111, each contractTypical two-bed in Al Arta 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 100,000; 2014 AED 120,000; 2015 AED 131,000; 2016 AED 125,000; 2017 AED 115,000; 2018 AED 113,092; 2019 AED 91,000; 2020 AED 79,000; 2021 AED 79,500; 2022 AED 85,500; 2023 AED 98,826; 2024 AED 114,253; 2025 AED 120,000New contract, October 2022: AED 105,000 a yearNew contract, September 2023: AED 115,000 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 1, and where 111 sits

All 29 2-beds →

111 last sold in February 2011 at AED 746 per sqft, 19% above what two-beds in Al Arta 1 were fetching at the time (AED 628). 111's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jun 20252,125,000
29 Jan 20251,620,000
8 Dec 20241,825,000
20 Aug 20241,850,000
0 2-bed sales in the last 12 months

Al Arta 1

Building

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

Typical price per sqft
AED 1,596
Typical sale
AED 1.46M
Typical rent
AED 114K /yr
Typical yield
6.9%
Al Arta 1, The Greens: prices, sales and rents →

Other units on the 1st floor

All 108 units in Al Arta 1
Value
1011-bedAED 410K · Jun 2010
1021-bedAED 588K · Feb 2014
1031-bedAED 1M · Dec 2023
1041-bedAED 1.2M · Aug 2013
1052-bedAED 704K · Sep 2013
1061-bedAED 870K · May 2013
1071-bedAED 1.17M · Nov 2024
1–7 of 18

111, Al Arta 1 in numbers

  • Sold twice: first on 25 September 2007 for AED 264,900, last on 10 February 2011 for AED 790,000 (AED 746 per sqft).
  • Rented since October 2022 on 2 Ejari contracts, from AED 105,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2011 price is 14.6%, before a service charge of about AED 16,400 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 22 September 2023.

Questions about 111, Al Arta 1

What did unit 111 last sell for?

AED 790,000 on 10 February 2011: AED 746 per sqft for 1,059 sqft. The unit has 2 registered sales; the first was AED 264,900 in September 2007.

What is the rent for unit 111?

AED 115,000 a year on the contract signed on 22 September 2023. The previous contract, from October 2022, was AED 105,000.

How big is unit 111?

1,059 sqft (98.4 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 111? 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 111, Al Arta 1

Starts from the last sale price (AED 790K, 10 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

Plus AED 38,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →