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2-bed · 719 sqftAl Arta 1, The Greens · 4th floor

405, Al Arta 1

Sold prices and rental history: sold 5 times, last in June 2022, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 8 June 2022
Last soldAED 1.43M8 June 2022
Current rentAED 145K /yr27 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Al Arta 1

What is 405 worth today?

Last sold for AED 1,430,000 in 2022

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8 Jun 2022SoldReady
AED 1,430,000AED 994 per sqft
9 Jul 2017SoldReady
AED 912,500AED 634 per sqft
27 Nov 2015RentedNew contract
AED 145,000/yr12 months · AED 101 per sqft
22 Sep 2014RentedNew contract
AED 168,000/yr12 months · AED 116 per sqft
9 Dec 2013SoldReady
AED 2,100,000AED 1,460 per sqft
10 Apr 2013SoldReady
AED 1,402,000AED 974 per sqft
5 Aug 2012RentedNew contract
AED 79,000/yr12 months · AED 55 per sqft
23 Jun 2010Sold by developerReady
AED 734,800AED 510 per sqft

Source: Dubai Land Department. Updated 8 June 2022.

Key facts

Type
2-bed apartment
Size
719 sqft
Floor
4th of 7
Parking
13
Service charge
AED 11,100 /yr
Last sold
AED 1.43M · June 2022
Building
Al Arta 1

About 405, Al Arta 1

405 is a two-bedroom apartment of 719 sqft on the 4th floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 8 June 2022 for AED 1,430,000, or AED 994 per sqft, 7% above the AED 925 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 27 November 2015, is AED 145,000 a year: a gross yield of 10.1% on the 2022 price, before the service charge of about AED 11,100 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, June 2010: AED 734,800 (AED 510 per sqft)Sold, April 2013: AED 1,402,000 (AED 974 per sqft)Sold, December 2013: AED 2,100,000 (AED 1,460 per sqft)Sold, July 2017: AED 912,500 (AED 634 per sqft)Sold, June 2022: AED 1,430,000 (AED 994 per sqft)

405 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, 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, August 2012: AED 79,000 a yearNew contract, September 2014: AED 168,000 a yearNew contract, November 2015: AED 145,000 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 405 sits

All 29 2-beds →

405 last sold in June 2022 at AED 994 per sqft, 7% above what two-beds in Al Arta 1 were fetching at the time (AED 925). 405's AED 145,000 is at the top 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 4th floor

All 108 units in Al Arta 1
Value
4011-bedAED 1.15M · Jan 2008
4021-bedAED 1.53M · Jan 2026
4031-bedAED 1.13M · Oct 2013
4041-bedAED 1.2M · Jan 2017
4061-bedAED 845K · May 2013
4071-bedAED 1.14M · Aug 2024
4081-bedAED 850K · May 2023
1–7 of 18

405, Al Arta 1 in numbers

  • Sold 5 times: first on 23 June 2010 for AED 734,800, last on 8 June 2022 for AED 1,430,000 (AED 994 per sqft).
  • Rented since August 2012 on 3 Ejari contracts, from AED 79,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2022 price is 10.1%, before a service charge of about AED 11,100 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 8 June 2022.

Questions about 405, Al Arta 1

What did unit 405 last sell for?

AED 1,430,000 on 8 June 2022: AED 994 per sqft for 719 sqft. The unit has 5 registered sales; the first was AED 734,800 in June 2010.

What is the rent for unit 405?

AED 145,000 a year on the contract signed on 27 November 2015. The previous contract, from September 2014, was AED 168,000; the unit has been rented since August 2012.

How big is unit 405?

719 sqft (66.8 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 405 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 405, Al Arta 1

Starts from the last sale price (AED 1.43M, 8 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,430,000
Deposit, UAE resident (20%)
AED 286,000
Deposit, non-resident (40%)
AED 572,000
Monthly over 25 years at 3.7%
AED 5,851

Plus AED 65,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →