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Studio · 325 sqftAl Arta 2, The Greens · 3rd floor

312B, Al Arta 2

Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312B · DLD and Ejari recordsUpdated 6 July 2024
Last soldAED 197K5 December 2012
Current rentAED 45K /yr6 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 312B, Al Arta 2

What is 312B worth today?

Last sold for AED 196,800 in 2012

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6 Jul 2024RentedNew contract
AED 44,600/yr12 months · AED 96 per sqft
6 Jul 2023RentedRenewal
AED 40,500/yr12 months · AED 88 per sqft
6 Jul 2022RentedRenewal
AED 36,800/yr12 months · AED 80 per sqft
6 Jul 2021RentedRenewal
AED 32,000/yr12 months · AED 69 per sqft
6 Jul 2020RentedRenewal
AED 35,000/yr12 months · AED 76 per sqft
6 Jul 2018RentedRenewal
AED 55,660/yr12 months · AED 120 per sqft
6 Jul 2017RentedRenewal
AED 55,660/yr12 months · AED 120 per sqft
6 Jul 2016RentedRenewal
AED 55,660/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 6 July 2024.

Key facts

Type
Studio apartment
Size
325 sqft
Floor
3rd of 7
Parking
370
Service charge
AED 5,000 /yr
Last sold
AED 197K · December 2012
Building
Al Arta 2

About 312B, Al Arta 2

312B is a studio of 325 sqft on the 3rd floor of Al Arta 2, a 7-storey tower in The Greens. The developer sold it on 5 December 2012 for AED 196,800, or AED 423 per sqft, 55% below the AED 936 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 6 July 2024, is AED 44,600 a year: a gross yield of 22.7% on the 2012 price, before the service charge of about AED 5,000 a year.

Sales and rents for 312B over time

Sales
Unit 312B, each saleTypical studio in Al Arta 2
250K500K750K2007201220172022Typical sale price by year: 2007 AED 190,800; 2008 AED 481,900; 2009 AED 500,000; 2010 AED 199,800; 2012 AED 315,900; 2024 AED 690,000Sold by developer, December 2012: AED 196,800 (AED 423 per sqft)

312B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 312B, each contractTypical studio in Al Arta 2
40K60K2012201620202024Typical rent by year: 2012 AED 40,000; 2013 AED 47,000; 2014 AED 51,997; 2015 AED 61,000; 2016 AED 58,000; 2017 AED 55,000; 2018 AED 53,000; 2019 AED 40,000; 2020 AED 35,000; 2021 AED 33,000; 2022 AED 37,950; 2023 AED 45,025; 2024 AED 47,500; 2025 AED 55,000New contract, July 2015: AED 50,600 a yearRenewal, July 2016: AED 55,660 a yearRenewal, July 2017: AED 55,660 a yearRenewal, July 2018: AED 55,660 a yearRenewal, July 2020: AED 35,000 a yearRenewal, July 2021: AED 32,000 a yearRenewal, July 2022: AED 36,800 a yearRenewal, July 2023: AED 40,500 a yearNew contract, July 2024: AED 44,600 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Al Arta 2, and where 312B sits

All 20 studios →

312B last sold in December 2012 at AED 423 per sqft, 55% below what studios in Al Arta 2 were fetching at the time (AED 936). 312B's AED 44,600 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Oct 2024770,000
23 Oct 2024770,000
22 Oct 2024765,000
1 Aug 2024680,000
0 studio 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 3rd floor

All 118 units in Al Arta 2
Value
3011-bedAED 1.23M · Oct 2024
3021-bedAED 1.36M · May 2025
3031-bedAED 730K · Jun 2012
3041-bedAED 1.18M · Sep 2015
3052-bedAED 1.6M · Mar 2018
3061-bedAED 900K · Jul 2023
3071-bedAED 614K · Apr 2022
1–7 of 20

312B, Al Arta 2 in numbers

  • Sold once: by the developer on 5 December 2012 for AED 196,800, or AED 423 per sqft.
  • Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 50,600 to AED 32,000 in 2021 and recovered to AED 44,600 by July 2024.
  • At AED 44,600 a year the gross yield on the 2012 price is 22.7%, before a service charge of about AED 5,000 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 6 July 2024.

Questions about 312B, Al Arta 2

What did unit 312B last sell for?

AED 196,800 on 5 December 2012, sold by the developer: AED 423 per sqft for 325 sqft. It is the only registered sale of the unit.

What is the rent for unit 312B?

AED 44,600 a year on the contract signed on 6 July 2024. The previous contract, from July 2023, was AED 40,500; the unit has been rented since July 2015.

How big is unit 312B?

325 sqft (30.2 sqm): a studio on the 3rd floor of a 7-storey tower.

What is unit 312B 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 312B, Al Arta 2

Starts from the last sale price (AED 197K, 5 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 196,800
Deposit, UAE resident (20%)
AED 39,360
Deposit, non-resident (40%)
AED 78,720
Monthly over 25 years at 3.7%
AED 805

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