1-bed · 805 sqftAl Arta 1, The Greens · 3rd floor

301, Al Arta 1

Sold prices and rental history: sold twice, last in October 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 25 November 2023
Last soldAED 1.09M28 October 2015
Current rentAED 115K /yr25 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Al Arta 1

What is 301 worth today?

Last sold for AED 1,085,000 in 2015

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25 Nov 2023RentedNew contract
AED 115,000/yr12 months · AED 142 per sqft
12 Sep 2017RentedNew contract
AED 95,000/yr12 months · AED 118 per sqft
28 Oct 2015SoldReady
AED 1,085,000AED 1,348 per sqft
19 Jul 2014RentedNew contract
AED 90,000/yr12 months · AED 111 per sqft
1 Aug 2013RentedRenewal
AED 70,000/yr12 months · AED 87 per sqft
1 Aug 2012RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
14 Nov 2007Sold by developerReady
AED 423,800AED 526 per sqft

Source: Dubai Land Department. Updated 25 November 2023.

Key facts

Type
1-bed apartment
Size
805 sqft
Floor
3rd of 7
Parking
83
Service charge
AED 12,400 /yr
Last sold
AED 1.09M · October 2015
Building
Al Arta 1

About 301, Al Arta 1

301 is a one-bedroom apartment of 805 sqft on the 3rd floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 28 October 2015 for AED 1,085,000, or AED 1,348 per sqft, 7% below the AED 1,450 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 25 November 2023, is AED 115,000 a year: a gross yield of 10.6% on the 2015 price, before the service charge of about AED 12,400 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, November 2007: AED 423,800 (AED 526 per sqft)Sold, October 2015: AED 1,085,000 (AED 1,348 per sqft)

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

Rents
Unit 301, 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, August 2012: AED 70,000 a yearRenewal, August 2013: AED 70,000 a yearNew contract, July 2014: AED 90,000 a yearNew contract, September 2017: AED 95,000 a yearNew contract, November 2023: AED 115,000 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 301 sits

All 75 1-beds →

301 last sold in October 2015 at AED 1,348 per sqft, 7% below what one-beds in Al Arta 1 were fetching at the time (AED 1,450). 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. 301's AED 115,000 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 3rd floor

All 108 units in Al Arta 1
Value
3021-bedAED 544K · Nov 2015
3031-bedAED 1.2M · Feb 2024
3041-bedAED 1.1M · Jul 2023
3052-bedAED 1.3M · Apr 2021
3061-bedAED 1.05M · May 2017
3071-bedAED 408K · Nov 2008
3081-bedAED 800K · Feb 2023
1–7 of 18

301, Al Arta 1 in numbers

  • Sold twice: first on 14 November 2007 for AED 423,800, last on 28 October 2015 for AED 1,085,000 (AED 1,348 per sqft).
  • Rented since August 2012 on 5 Ejari contracts, from AED 70,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2015 price is 10.6%, before a service charge of about AED 12,400 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 25 November 2023.

Questions about 301, Al Arta 1

What did unit 301 last sell for?

AED 1,085,000 on 28 October 2015: AED 1,348 per sqft for 805 sqft. The unit has 2 registered sales; the first was AED 423,800 in November 2007.

What is the rent for unit 301?

AED 115,000 a year on the contract signed on 25 November 2023. The previous contract, from September 2017, was AED 95,000; the unit has been rented since August 2012.

How big is unit 301?

805 sqft (74.8 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 301 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 301, Al Arta 1

Starts from the last sale price (AED 1.09M, 28 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,085,000
Deposit, UAE resident (20%)
AED 217,000
Deposit, non-resident (40%)
AED 434,000
Monthly over 25 years at 3.7%
AED 4,439

Plus AED 50,580 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →