1-bed · 738 sqftAl Arta 1, The Greens · 1st floor

114, 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 114 · DLD and Ejari recordsUpdated 13 November 2023
Last soldAED 819K13 November 2023
Current rentAED 60K /yr5 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, Al Arta 1

What is 114 worth today?

Last sold for AED 819,147 in 2023

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13 Nov 2023SoldReady
AED 819,147AED 1,109 per sqft
5 Oct 2023RentedRenewal
AED 60,000/yr12 months · AED 81 per sqft
5 Oct 2022RentedRenewal
AED 50,000/yr12 months · AED 67 per sqft
5 Oct 2021RentedRenewal
AED 44,000/yr12 months · AED 59 per sqft
5 Oct 2020RentedNew contract
AED 44,000/yr12 months · AED 59 per sqft
16 Sep 2019SoldReady
AED 664,200AED 899 per sqft
5 Oct 2018RentedNew contract
AED 58,000/yr12 months · AED 78 per sqft
15 Aug 2015RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 13 November 2023.

Key facts

Type
1-bed apartment
Size
738 sqft
Floor
1st of 7
Parking
63
Service charge
AED 11,400 /yr
Last sold
AED 819K · November 2023
Building
Al Arta 1

About 114, Al Arta 1

114 is a one-bedroom apartment of 738 sqft on the 1st floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 13 November 2023 for AED 819,147, or AED 1,109 per sqft, in line with the AED 1,136 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 5 October 2023, is AED 60,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 11,400 a year.

Sales and rents for 114 over time

Sales
Unit 114, 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 498 per sqft)Sold, September 2019: AED 664,200 (AED 899 per sqft)Sold, November 2023: AED 819,147 (AED 1,109 per sqft)

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

Rents
Unit 114, 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, October 2018: AED 58,000 a yearNew contract, October 2020: AED 44,000 a yearRenewal, October 2021: AED 44,000 a yearRenewal, October 2022: AED 50,000 a yearRenewal, October 2023: AED 60,000 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 114 sits

All 75 1-beds →

114 last sold in November 2023 at AED 1,109 per sqft, in line with what one-beds in Al Arta 1 were fetching at the time (AED 1,136). 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. 114's AED 60,000 is at the bottom 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

114, Al Arta 1 in numbers

  • Sold 3 times: first on 12 March 2013 for AED 367,800, last on 13 November 2023 for AED 819,147 (AED 1,109 per sqft).
  • Rented since July 2013 on 8 Ejari contracts. The rent fell from AED 69,626 to AED 44,000 in 2021 and recovered to AED 60,000 by October 2023.
  • At AED 60,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 11,400 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 13 November 2023.

Questions about 114, Al Arta 1

What did unit 114 last sell for?

AED 819,147 on 13 November 2023: AED 1,109 per sqft for 738 sqft. The unit has 3 registered sales; the first was AED 367,800 in March 2013.

What is the rent for unit 114?

AED 60,000 a year on the contract renewed on 5 October 2023. The previous contract, from October 2022, was AED 50,000; the unit has been rented since July 2013.

How big is unit 114?

738 sqft (68.6 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 114 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 114, Al Arta 1

Starts from the last sale price (AED 819K, 13 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 819,147
Deposit, UAE resident (20%)
AED 163,829
Deposit, non-resident (40%)
AED 327,659
Monthly over 25 years at 3.7%
AED 3,351

Plus AED 39,414 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →