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1-bed · 748 sqftAl Arta 2, The Greens · 1st floor

116, Al Arta 2

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 7 May 2025
Last soldAED 840K16 February 2011
Current rentAED 75K /yr7 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 116, Al Arta 2

What is 116 worth today?

Last sold for AED 840,000 in 2011

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7 May 2025RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
5 Jan 2024RentedRenewal
AED 62,920/yr12 months · AED 84 per sqft
5 Jan 2023RentedRenewal
AED 57,200/yr12 months · AED 76 per sqft
5 Jan 2022RentedNew contract
AED 52,000/yr12 months · AED 69 per sqft
27 Jul 2021RentedNew contract
AED 50,000/yr12 months · AED 67 per sqft
27 Jul 2019RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
25 Mar 2017RentedNew contract
AED 80,000/yr12 months · AED 106 per sqft
15 Feb 2016RentedNew contract
AED 82,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 7 May 2025.

Key facts

Type
1-bed apartment
Size
748 sqft
Floor
1st of 7
Parking
399
Service charge
AED 11,600 /yr
Last sold
AED 840K · February 2011
Building
Al Arta 2

About 116, Al Arta 2

116 is a one-bedroom apartment of 748 sqft on the 1st floor of Al Arta 2, a 7-storey tower in The Greens. The developer sold it on 16 February 2011 for AED 840,000, or AED 1,122 per sqft, 34% above the AED 836 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 7 May 2025, is AED 75,000 a year: a gross yield of 8.9% on the 2011 price, before the service charge of about AED 11,600 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical one-bed in Al Arta 2
500K1M2007201220172022Typical sale price by year: 2007 AED 384,800; 2008 AED 659,200; 2009 AED 830,000; 2010 AED 624,000; 2011 AED 610,000; 2012 AED 705,000; 2013 AED 411,300; 2014 AED 1,150,000; 2015 AED 1,070,000; 2016 AED 1,060,000; 2017 AED 1,000,000; 2020 AED 565,000; 2022 AED 700,000; 2023 AED 900,000; 2024 AED 1,200,000; 2025 AED 1,300,000Sold by developer, February 2011: AED 840,000 (AED 1,122 per sqft)

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

Rents
Unit 116, each contractTypical one-bed in Al Arta 2
50K75K2012201620202024Typical rent by year: 2012 AED 55,650; 2013 AED 70,000; 2014 AED 75,000; 2015 AED 84,000; 2016 AED 84,000; 2017 AED 78,750; 2018 AED 70,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 54,000; 2023 AED 66,275; 2024 AED 77,385; 2025 AED 85,000; 2026 AED 90,000New contract, January 2013: AED 65,000 a yearNew contract, January 2015: AED 73,500 a yearNew contract, February 2016: AED 82,000 a yearNew contract, March 2017: AED 80,000 a yearNew contract, July 2019: AED 55,000 a yearNew contract, July 2021: AED 50,000 a yearNew contract, January 2022: AED 52,000 a yearRenewal, January 2023: AED 57,200 a yearRenewal, January 2024: AED 62,920 a yearNew contract, May 2025: AED 75,000 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 2, and where 116 sits

All 63 1-beds →

116 last sold in February 2011 at AED 1,122 per sqft, 34% above what one-beds in Al Arta 2 were fetching at the time (AED 836). 116's AED 75,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jul 20251,560,000
15 Jul 20251,300,000
14 Jul 20251,150,000
26 May 20251,360,000
0 1-bed sales in the last 12 months

Al Arta 2

Building

118 apartments, studios to 2-bed over 7 floors in The Greens. 1 sold in the last 12 months.

Typical price per sqft
AED 1,705
Typical sale
AED 2.23M
Typical rent
AED 83K /yr
Typical yield
7.0%
Al Arta 2, The Greens: prices, sales and rents →

Other units on the 1st floor

All 118 units in Al Arta 2
Value
1011-bedAED 900K · Jul 2023
1021-bedAED 1.09M · Oct 2015
1031-bedAED 775K · Jul 2022
1041-bedAED 1.15M · Sep 2016
1052-bedAED 875K · Aug 2010
1061-bedAED 780K · Sep 2022
1071-bedAED 780K · Oct 2012
1–7 of 20

116, Al Arta 2 in numbers

  • Sold once: by the developer on 16 February 2011 for AED 840,000, or AED 1,122 per sqft.
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2021 and recovered to AED 75,000 by May 2025.
  • At AED 75,000 a year the gross yield on the 2011 price is 8.9%, before a service charge of about AED 11,600 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 7 May 2025.

Questions about 116, Al Arta 2

What did unit 116 last sell for?

AED 840,000 on 16 February 2011, sold by the developer: AED 1,122 per sqft for 748 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 75,000 a year on the contract signed on 7 May 2025. The previous contract, from January 2024, was AED 62,920; the unit has been rented since January 2013.

How big is unit 116?

748 sqft (69.5 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 116 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 116, Al Arta 2

Starts from the last sale price (AED 840K, 16 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →