1-bed · 798 sqftAl Arta 1, The Greens · 1st floor

112, Al Arta 1

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

Unit 112 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 802K10 November 2023
Current rentAED 125K /yr22 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Al Arta 1

What is 112 worth today?

Last sold for AED 802,083 in 2023

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22 Jul 2024RentedNew contract
AED 125,000/yr12 months · AED 157 per sqft
10 Nov 2023SoldReady
AED 802,083AED 1,004 per sqft
1 Aug 2023RentedNew contract
AED 70,000/yr12 months · AED 88 per sqft
6 May 2023RentedRenewal
AED 57,500/yr12 months · AED 72 per sqft
6 May 2022RentedNew contract
AED 50,000/yr12 months · AED 63 per sqft
22 Nov 2021RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
25 Oct 2020RentedRenewal
AED 45,000/yr12 months · AED 56 per sqft
16 Sep 2019SoldReady
AED 718,515AED 899 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
1-bed apartment
Size
798 sqft
Floor
1st of 7
Parking
61
Service charge
AED 12,300 /yr
Last sold
AED 802K · November 2023
Building
Al Arta 1

About 112, Al Arta 1

112 is a one-bedroom apartment of 798 sqft on the 1st floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 10 November 2023 for AED 802,083, or AED 1,004 per sqft, 14% below the AED 1,171 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 22 July 2024, is AED 125,000 a year: a gross yield of 15.6% on the 2023 price, before the service charge of about AED 12,300 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical one-bed in Al Arta 1
500K1M2007201220172022Typical sale price by year: 2007 AED 423,800; 2008 AED 615,000; 2009 AED 741,600; 2010 AED 434,800; 2011 AED 500,000; 2012 AED 747,500; 2013 AED 800,000; 2014 AED 1,230,000; 2015 AED 1,060,000; 2016 AED 1,020,000; 2017 AED 1,035,000; 2019 AED 664,200; 2021 AED 580,000; 2022 AED 780,000; 2023 AED 850,000; 2024 AED 1,144,500; 2025 AED 1,250,000Sold by developer, March 2013: AED 367,800 (AED 460 per sqft)Sold, September 2019: AED 718,515 (AED 899 per sqft)Sold, November 2023: AED 802,083 (AED 1,004 per sqft)

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

Rents
Unit 112, each contractTypical one-bed in Al Arta 1
50K100K2012201620202024Typical rent by year: 2012 AED 61,000; 2013 AED 66,423; 2014 AED 73,500; 2015 AED 82,000; 2016 AED 83,500; 2017 AED 80,000; 2018 AED 68,500; 2019 AED 60,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 54,000; 2023 AED 63,000; 2024 AED 80,000; 2025 AED 82,250; 2026 AED 105,000New contract, July 2013: AED 69,626 a yearRenewal, August 2014: AED 73,500 a yearNew contract, August 2015: AED 80,000 a yearNew contract, September 2017: AED 69,964 a yearRenewal, October 2020: AED 45,000 a yearNew contract, November 2021: AED 45,000 a yearNew contract, May 2022: AED 50,000 a yearRenewal, May 2023: AED 57,500 a yearNew contract, August 2023: AED 70,000 a yearNew contract, July 2024: AED 125,000 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 1, and where 112 sits

All 75 1-beds →

112 last sold in November 2023 at AED 1,004 per sqft, 14% below what one-beds in Al Arta 1 were fetching at the time (AED 1,171). Over the last 12 months one-beds sold for AED 1,400,000 to 1,525,000, around AED 1,596 per sqft, and rent for AED 80,000 to 130,000 a year. 112's AED 125,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jan 20261,525,000
18 Dec 20251,400,000
29 Apr 20251,199,000
13 Jan 20251,250,000
2 1-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

112, Al Arta 1 in numbers

  • Sold 3 times: first on 13 March 2013 for AED 367,800, last on 10 November 2023 for AED 802,083 (AED 1,004 per sqft).
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 69,626 to AED 45,000 in 2021 and recovered to AED 125,000 by July 2024.
  • At AED 125,000 a year the gross yield on the 2023 price is 15.6%, before a service charge of about AED 12,300 a year (AED 15.45 per sqft).
  • One-beds in Al Arta 1 sold for AED 1,400,000–1,525,000 in the 12 months to November 2026; the building's median across all types is AED 1,596 per sqft.

Source: Dubai Land Department. Updated 22 July 2024.

Questions about 112, Al Arta 1

What did unit 112 last sell for?

AED 802,083 on 10 November 2023: AED 1,004 per sqft for 798 sqft. The unit has 3 registered sales; the first was AED 367,800 in March 2013.

What is the rent for unit 112?

AED 125,000 a year on the contract signed on 22 July 2024. The previous contract, from August 2023, was AED 70,000; the unit has been rented since July 2013.

How big is unit 112?

798 sqft (74.1 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 112 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 1 sold for AED 1,400,000 to 1,525,000 in the last 12 months, around AED 1,596 per sqft.

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Mortgage on 112, Al Arta 1

Starts from the last sale price (AED 802K, 10 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 802,083
Deposit, UAE resident (20%)
AED 160,417
Deposit, non-resident (40%)
AED 320,833
Monthly over 25 years at 3.7%
AED 3,282

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