1-bed · 739 sqftAl Arta 1, The Greens · 4th floor

409, Al Arta 1

Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 3 May 2024
Last soldAED 785K20 March 2013
Current rentAED 80K /yr3 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Al Arta 1

What is 409 worth today?

Last sold for AED 785,000 in 2013

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3 May 2024RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
1 Jul 2023RentedRenewal
AED 60,720/yr12 months · AED 82 per sqft
1 Jul 2022RentedRenewal
AED 55,200/yr12 months · AED 75 per sqft
1 Jul 2020RentedNew contract
AED 48,000/yr12 months · AED 65 per sqft
14 Apr 2019RentedRenewal
AED 65,000/yr12 months · AED 88 per sqft
14 Apr 2018RentedNew contract
AED 70,000/yr12 months · AED 95 per sqft
1 Apr 2017RentedRenewal
AED 80,000/yr12 months · AED 108 per sqft
1 Apr 2016RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 3 May 2024.

Key facts

Type
1-bed apartment
Size
739 sqft
Floor
4th of 7
Parking
109
Service charge
AED 11,400 /yr
Last sold
AED 785K · March 2013
Building
Al Arta 1

About 409, Al Arta 1

409 is a one-bedroom apartment of 739 sqft on the 4th floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 20 March 2013 for AED 785,000, or AED 1,061 per sqft, 15% above the AED 926 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 3 May 2024, is AED 80,000 a year: a gross yield of 10.2% on the 2013 price, before the service charge of about AED 11,400 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, August 2010: AED 1,025,000 (AED 1,386 per sqft)Sold, March 2013: AED 785,000 (AED 1,061 per sqft)

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

Rents
Unit 409, 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, January 2014: AED 57,500 a yearNew contract, February 2015: AED 82,000 a yearNew contract, April 2016: AED 80,000 a yearRenewal, April 2017: AED 80,000 a yearNew contract, April 2018: AED 70,000 a yearRenewal, April 2019: AED 65,000 a yearNew contract, July 2020: AED 48,000 a yearRenewal, July 2022: AED 55,200 a yearRenewal, July 2023: AED 60,720 a yearNew contract, May 2024: AED 80,000 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 409 sits

All 75 1-beds →

409 last sold in March 2013 at AED 1,061 per sqft, 15% above what one-beds in Al Arta 1 were fetching at the time (AED 926). 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. 409's AED 80,000 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 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
4052-bedAED 1.43M · Jun 2022
4061-bedAED 845K · May 2013
4071-bedAED 1.14M · Aug 2024
1–7 of 18

409, Al Arta 1 in numbers

  • Sold twice: first on 15 August 2010 for AED 1,025,000, last on 20 March 2013 for AED 785,000 (AED 1,061 per sqft).
  • Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 57,500 to AED 48,000 in 2020 and recovered to AED 80,000 by May 2024.
  • At AED 80,000 a year the gross yield on the 2013 price is 10.2%, 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 3 May 2024.

Questions about 409, Al Arta 1

What did unit 409 last sell for?

AED 785,000 on 20 March 2013: AED 1,061 per sqft for 739 sqft. The unit has 2 registered sales; the first was AED 1,025,000 in August 2010.

What is the rent for unit 409?

AED 80,000 a year on the contract signed on 3 May 2024. The previous contract, from July 2023, was AED 60,720; the unit has been rented since January 2014.

How big is unit 409?

739 sqft (68.7 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 409 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 409, Al Arta 1

Starts from the last sale price (AED 785K, 20 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 785,000
Deposit, UAE resident (20%)
AED 157,000
Deposit, non-resident (40%)
AED 314,000
Monthly over 25 years at 3.7%
AED 3,212

Plus AED 37,980 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →