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2-bed · 1,331 sqftAl Arta 1, The Greens · 7th floor

719, Al Arta 1

Sold prices and rental history: sold 3 times, last in March 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 719 · DLD and Ejari recordsUpdated 4 March 2021
Last soldAED 1.13M4 March 2021
Current rentAED 85K /yr5 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 719, Al Arta 1

What is 719 worth today?

Last sold for AED 1,125,000 in 2021

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4 Mar 2021SoldReady
AED 1,125,000AED 844 per sqft
5 Nov 2019RentedNew contract
AED 85,000/yr12 months · AED 64 per sqft
20 May 2019SoldReady
AED 1,000,000AED 751 per sqft
5 Nov 2018RentedRenewal
AED 90,000/yr12 months · AED 67 per sqft
5 Nov 2014RentedRenewal
AED 99,000/yr12 months · AED 74 per sqft
5 Nov 2013RentedNew contract
AED 90,000/yr12 months · AED 67 per sqft
5 Nov 2012RentedNew contract
AED 90,000/yr12 months · AED 67 per sqft
20 Jun 2010Sold by developerReady
AED 694,800AED 521 per sqft

Source: Dubai Land Department. Updated 4 March 2021.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
7th of 7
Parking
34
Service charge
AED 20,600 /yr
Last sold
AED 1.13M · March 2021
Building
Al Arta 1

About 719, Al Arta 1

719 is a two-bedroom apartment of 1,331 sqft on the 7th floor of Al Arta 1, a 7-storey tower in The Greens. It last sold on 4 March 2021 for AED 1,125,000, or AED 844 per sqft, 11% above the AED 760 two-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 5 November 2019, is AED 85,000 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 20,600 a year.

Sales and rents for 719 over time

Sales
Unit 719, 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 694,800 (AED 521 per sqft)Sold, May 2019: AED 1,000,000 (AED 751 per sqft)Sold, March 2021: AED 1,125,000 (AED 844 per sqft)

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

Rents
Unit 719, each contractTypical two-bed in Al Arta 1
75K100K125K2012201620202024Typical 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, November 2012: AED 90,000 a yearNew contract, November 2013: AED 90,000 a yearRenewal, November 2014: AED 99,000 a yearRenewal, November 2018: AED 90,000 a yearNew contract, November 2019: AED 85,000 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 719 sits

All 29 2-beds →

719 last sold in March 2021 at AED 844 per sqft, 11% above what two-beds in Al Arta 1 were fetching at the time (AED 760). 719's AED 85,000 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 7th floor

All 108 units in Al Arta 1
Value
7151-bedAED 420K · Jan 2021
7161-bedAED 700K · Sep 2021
7172-bedAED 1.84M · Apr 2014
7182-bedAED 1.27M · Oct 2022

719, Al Arta 1 in numbers

  • Sold 3 times: first on 20 June 2010 for AED 694,800, last on 4 March 2021 for AED 1,125,000 (AED 844 per sqft).
  • Rented since November 2012 on 5 Ejari contracts, from AED 90,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 7.6%, before a service charge of about AED 20,600 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 4 March 2021.

Questions about 719, Al Arta 1

What did unit 719 last sell for?

AED 1,125,000 on 4 March 2021: AED 844 per sqft for 1,331 sqft. The unit has 3 registered sales; the first was AED 694,800 in June 2010.

What is the rent for unit 719?

AED 85,000 a year on the contract signed on 5 November 2019. The previous contract, from November 2018, was AED 90,000; the unit has been rented since November 2012.

How big is unit 719?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower.

What is unit 719 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 719, Al Arta 1

Starts from the last sale price (AED 1.13M, 4 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

Plus AED 52,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →