2-bed · 1,305 sqftAl Arta 2, The Greens · 1st floor

118, Al Arta 2

Sold prices and rental history: sold twice, last in September 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 918K13 September 2020
Current rentAED 145K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Al Arta 2

What is 118 worth today?

Last sold for AED 918,284 in 2020

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1 Mar 2025RentedNew contract
AED 145,000/yr12 months · AED 111 per sqft
15 Jun 2023RentedNew contract
AED 99,000/yr12 months · AED 76 per sqft
15 Jun 2022RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
15 Jun 2021RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
13 Sep 2020SoldReady
AED 918,284AED 703 per sqft
25 Mar 2020RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
25 Mar 2019RentedRenewal
AED 100,000/yr12 months · AED 77 per sqft
2 Mar 2017RentedNew contract
AED 125,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
1st of 7
Parking
453
Service charge
AED 20,200 /yr
Last sold
AED 918K · September 2020
Building
Al Arta 2

About 118, Al Arta 2

118 is a two-bedroom apartment of 1,305 sqft on the 1st floor of Al Arta 2, a 7-storey tower in The Greens. It last sold on 13 September 2020 for AED 918,284, or AED 703 per sqft.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 March 2025, is AED 145,000 a year: a gross yield of 15.8% on the 2020 price, before the service charge of about AED 20,200 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical two-bed in Al Arta 2
1M2M2007201220172022Typical sale price by year: 2007 AED 579,800; 2008 AED 1,512,195; 2009 AED 595,800; 2010 AED 800,000; 2012 AED 950,000; 2017 AED 1,550,000; 2019 AED 1,104,500; 2020 AED 918,284; 2021 AED 1,149,095; 2022 AED 1,232,500; 2023 AED 1,470,000; 2024 AED 1,732,590; 2025 AED 2,225,000Sold by developer, March 2009: AED 565,800 (AED 433 per sqft)Sold, September 2020: AED 918,284 (AED 703 per sqft)

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

Rents
Unit 118, each contractTypical two-bed in Al Arta 2
100K150K2012201620202024Typical rent by year: 2012 AED 97,500; 2013 AED 105,000; 2014 AED 125,500; 2015 AED 125,000; 2016 AED 120,000; 2017 AED 125,500; 2018 AED 107,500; 2019 AED 97,000; 2020 AED 86,000; 2021 AED 78,000; 2022 AED 90,000; 2023 AED 101,100; 2024 AED 115,940; 2025 AED 120,750New contract, January 2014: AED 135,000 a yearNew contract, March 2017: AED 125,000 a yearRenewal, March 2019: AED 100,000 a yearNew contract, March 2020: AED 90,000 a yearNew contract, June 2021: AED 85,000 a yearRenewal, June 2022: AED 90,000 a yearNew contract, June 2023: AED 99,000 a yearNew contract, March 2025: 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 2, and where 118 sits

All 33 2-beds →

Over the last 12 months two-beds sold for AED 2,225,000, around AED 1,705 per sqft, and rent for AED 130,000 to 190,000 a year. 118's AED 145,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Dec 20252,225,000
6 May 20252,155,000
9 Mar 20252,300,000
16 Oct 20241,700,000
1 2-bed sale 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

118, Al Arta 2 in numbers

  • Sold twice: first on 23 March 2009 for AED 565,800, last on 13 September 2020 for AED 918,284 (AED 703 per sqft).
  • Rented since January 2014 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 85,000 in 2021 and recovered to AED 145,000 by March 2025.
  • At AED 145,000 a year the gross yield on the 2020 price is 15.8%, before a service charge of about AED 20,200 a year (AED 15.45 per sqft).
  • Two-beds in Al Arta 2 sold for AED 2,225,000–2,225,000 in the 12 months to November 2026; the building's median across all types is AED 1,705 per sqft.

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 118, Al Arta 2

What did unit 118 last sell for?

AED 918,284 on 13 September 2020: AED 703 per sqft for 1,305 sqft. The unit has 2 registered sales; the first was AED 565,800 in March 2009.

What is the rent for unit 118?

AED 145,000 a year on the contract signed on 1 March 2025. The previous contract, from June 2023, was AED 99,000; the unit has been rented since January 2014.

How big is unit 118?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Arta 2 sold for AED 2,225,000 to 2,225,000 in the last 12 months, around AED 1,705 per sqft.

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Mortgage on 118, Al Arta 2

Starts from the last sale price (AED 918K, 13 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 918,284
Deposit, UAE resident (20%)
AED 183,657
Deposit, non-resident (40%)
AED 367,314
Monthly over 25 years at 3.7%
AED 3,757

Plus AED 43,578 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →