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2-bed · 1,331 sqftAl Arta 1, The Greens · 2nd floor

219, Al Arta 1

Sold prices and rental history: sold 4 times, last in September 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 219 · DLD and Ejari recordsUpdated 18 September 2023
Last soldAED 1.6M18 September 2023
Current rentAED 104K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 219, Al Arta 1

What is 219 worth today?

Last sold for AED 1,600,000 in 2023

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18 Sep 2023SoldReady
AED 1,600,000AED 1,201 per sqft
1 Apr 2023RentedRenewal
AED 103,950/yr12 months · AED 79 per sqft
18 Feb 2022SoldReady
AED 1,100,000AED 826 per sqft
29 Jul 2020SoldReady
AED 1,000,000AED 751 per sqft
14 Jan 2020RentedNew contract
AED 85,000/yr12 months · AED 64 per sqft
15 Aug 2017RentedNew contract
AED 110,000/yr12 months · AED 83 per sqft
24 May 2016RentedRenewal
AED 135,000/yr12 months · AED 101 per sqft
24 May 2015RentedNew contract
AED 135,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 18 September 2023.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
2nd of 7
Parking
12
Service charge
AED 20,600 /yr
Last sold
AED 1.6M · September 2023
Building
Al Arta 1

About 219, Al Arta 1

219 is a two-bedroom apartment of 1,331 sqft on the 2nd floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 18 September 2023 for AED 1,600,000, or AED 1,201 per sqft, 24% above the AED 969 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 103,950 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 20,600 a year.

Sales and rents for 219 over time

Sales
Unit 219, each saleTypical two-bed in Al Arta 1
1M2M2007201220172022Typical 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, October 2007: AED 1,100,000 (AED 826 per sqft)Sold, July 2020: AED 1,000,000 (AED 751 per sqft)Sold, February 2022: AED 1,100,000 (AED 826 per sqft)Sold, September 2023: AED 1,600,000 (AED 1,201 per sqft)

219 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 219, each contractTypical two-bed in Al Arta 1
100K2012201620202024Typical 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, September 2012: AED 90,000 a yearNew contract, May 2014: AED 126,000 a yearNew contract, May 2015: AED 135,000 a yearRenewal, May 2016: AED 135,000 a yearNew contract, August 2017: AED 110,000 a yearNew contract, January 2020: AED 85,000 a yearRenewal, April 2023: AED 103,950 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 219 sits

All 29 2-beds →

219 last sold in September 2023 at AED 1,201 per sqft, 24% above what two-beds in Al Arta 1 were fetching at the time (AED 969). 219's AED 103,950 is at the bottom 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 2nd floor

All 108 units in Al Arta 1
Value
2011-bedAED 500K · Sep 2009
2021-bedAED 995K · Oct 2023
2031-bedAED 583K · Nov 2016
2041-bedAED 650K · Aug 2019
2052-bedAED 1.82M · Feb 2017
2061-bedAED 423K · Aug 2008
2071-bedAED 1.15M · Jul 2024
1–7 of 18

219, Al Arta 1 in numbers

  • Sold 4 times: first on 4 October 2007 for AED 1,100,000, last on 18 September 2023 for AED 1,600,000 (AED 1,201 per sqft).
  • Rented since September 2012 on 7 Ejari contracts, from AED 90,000 to AED 103,950 a year.
  • At AED 103,950 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 20,600 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 18 September 2023.

Questions about 219, Al Arta 1

What did unit 219 last sell for?

AED 1,600,000 on 18 September 2023: AED 1,201 per sqft for 1,331 sqft. The unit has 4 registered sales; the first was AED 1,100,000 in October 2007.

What is the rent for unit 219?

AED 103,950 a year on the contract renewed on 1 April 2023. The previous contract, from January 2020, was AED 85,000; the unit has been rented since September 2012.

How big is unit 219?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower.

What is unit 219 worth today?

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

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Mortgage on 219, Al Arta 1

Starts from the last sale price (AED 1.6M, 18 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus AED 72,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →