Home
Dubai prices
About
Research
2-bed · 1,438 sqftAl Arta 1, The Greens · 3rd floor

305, Al Arta 1

Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 22 April 2021
Last soldAED 1.3M22 April 2021
Current rentAED 92K /yr10 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 305

Property timeline for 305, Al Arta 1

What is 305 worth today?

Last sold for AED 1,300,000 in 2021

Unlock today's estimate, updated daily, with

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

22 Apr 2021SoldReady
AED 1,300,000AED 903 per sqft
10 Aug 2020RentedRenewal
AED 92,308/yr13 months · AED 64 per sqft
10 Aug 2019RentedRenewal
AED 105,000/yr12 months · AED 73 per sqft
10 Aug 2018RentedRenewal
AED 124,000/yr12 months · AED 86 per sqft
10 Aug 2017RentedNew contract
AED 127,000/yr12 months · AED 88 per sqft
12 Jan 2017SoldReady
AED 1,745,000AED 1,213 per sqft
1 Aug 2016RentedRenewal
AED 145,000/yr12 months · AED 101 per sqft
20 Jul 2014RentedNew contract
AED 115,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 22 April 2021.

Key facts

Type
2-bed apartment
Size
1,438 sqft
Floor
3rd of 7
Parking
51
Service charge
AED 22,200 /yr
Last sold
AED 1.3M · April 2021
Building
Al Arta 1

About 305, Al Arta 1

305 is a two-bedroom apartment of 1,438 sqft on the 3rd floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 22 April 2021 for AED 1,300,000, or AED 903 per sqft, 17% above the AED 769 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 10 August 2020, is AED 92,308 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 22,200 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, August 2012: AED 724,800 (AED 503 per sqft)Sold, January 2017: AED 1,745,000 (AED 1,213 per sqft)Sold, April 2021: AED 1,300,000 (AED 903 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in Al Arta 1
100K150K2012201620202024Typical 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, July 2013: AED 105,000 a yearNew contract, July 2014: AED 115,000 a yearRenewal, August 2016: AED 145,000 a yearNew contract, August 2017: AED 127,000 a yearRenewal, August 2018: AED 124,000 a yearRenewal, August 2019: AED 105,000 a yearRenewal, August 2020: AED 92,308 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 305 sits

All 29 2-beds →

305 last sold in April 2021 at AED 903 per sqft, 17% above what two-beds in Al Arta 1 were fetching at the time (AED 769). 305's AED 92,308 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 3rd floor

All 108 units in Al Arta 1
Value
3011-bedAED 1.09M · Oct 2015
3021-bedAED 544K · Nov 2015
3031-bedAED 1.2M · Feb 2024
3041-bedAED 1.1M · Jul 2023
3061-bedAED 1.05M · May 2017
3071-bedAED 408K · Nov 2008
3081-bedAED 800K · Feb 2023
1–7 of 18

305, Al Arta 1 in numbers

  • Sold 3 times: first on 16 August 2012 for AED 724,800, last on 22 April 2021 for AED 1,300,000 (AED 903 per sqft).
  • Rented since July 2013 on 7 Ejari contracts, from AED 105,000 to AED 92,308 a year.
  • At AED 92,308 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 22,200 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 22 April 2021.

Questions about 305, Al Arta 1

What did unit 305 last sell for?

AED 1,300,000 on 22 April 2021: AED 903 per sqft for 1,438 sqft. The unit has 3 registered sales; the first was AED 724,800 in August 2012.

What is the rent for unit 305?

AED 92,308 a year on the contract renewed on 10 August 2020. The previous contract, from August 2019, was AED 105,000; the unit has been rented since July 2013.

How big is unit 305?

1,438 sqft (133.6 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 305 worth today?

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

Selling 305? 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 305, Al Arta 1

Starts from the last sale price (AED 1.3M, 22 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →