518, Al Arta 1
Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 518, Al Arta 1
What is 518 worth today?
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Source: Dubai Land Department. Updated 9 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,305 sqft
- Floor
- 5th of 7
- Parking
- 29
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.25M · January 2023
- Building
- Al Arta 1
About 518, Al Arta 1
518 is a two-bedroom apartment of 1,305 sqft on the 5th floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 27 January 2023 for AED 1,250,000, or AED 958 per sqft, in line with the AED 958 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 9 November 2024, is AED 115,500 a year: a gross yield of 9.2% on the 2023 price, before the service charge of about AED 20,200 a year.
Sales and rents for 518 over time
518 has sold twice; the dashed line is the two-bed median of each year in the building.
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 518 sits
All 29 2-beds →518 last sold in January 2023 at AED 958 per sqft, in line with what two-beds in Al Arta 1 were fetching at the time (AED 958). 518's AED 115,500 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jun 202510 June 2025 | 1,059 sqft | 2,125,000 | 2,006 | ||
| 29 Jan 202529 January 2025 | 1,059 sqft | 1,620,000 | 1,529 | ||
| 8 Dec 20248 December 2024 | 1,156 sqft | 1,825,000 | 1,578 | ||
| 20 Aug 202420 August 2024 | 1,156 sqft | 1,850,000 | 1,599 |
Al Arta 1
Building108 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%
Other units on the 5th floor
All 108 units in Al Arta 1518, Al Arta 1 in numbers
- Sold twice: first on 6 September 2009 for AED 321,400, last on 27 January 2023 for AED 1,250,000 (AED 958 per sqft).
- Rented since January 2012 on 12 Ejari contracts. The rent fell from AED 85,000 to AED 75,000 in 2021 and recovered to AED 115,500 by November 2024.
- At AED 115,500 a year the gross yield on the 2023 price is 9.2%, before a service charge of about AED 20,200 a year (AED 15.45 per sqft).
Source: Dubai Land Department. Updated 9 November 2024.
Questions about 518, Al Arta 1
What did unit 518 last sell for?
AED 1,250,000 on 27 January 2023: AED 958 per sqft for 1,305 sqft. The unit has 2 registered sales; the first was AED 321,400 in September 2009.
What is the rent for unit 518?
AED 115,500 a year on the contract renewed on 9 November 2024. The previous contract, from November 2023, was AED 110,297; the unit has been rented since January 2012.
How big is unit 518?
1,305 sqft (121.2 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower.
What is unit 518 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 518, Al Arta 1
Starts from the last sale price (AED 1.25M, 27 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →