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1-bed · 741 sqftAl Arta 2, The Greens · 3rd floor

315, Al Arta 2

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 30 March 2024
Last soldAED 700K22 December 2022
Current rentAED 116K /yr30 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 315, Al Arta 2

What is 315 worth today?

Last sold for AED 700,000 in 2022

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30 Mar 2024RentedNew contract
AED 116,000/yr12 months · AED 156 per sqft
2 Jan 2023RentedRenewal
AED 48,000/yr12 months · AED 65 per sqft
22 Dec 2022SoldReady
AED 700,000AED 945 per sqft
2 Jan 2022RentedNew contract
AED 48,000/yr12 months · AED 65 per sqft
10 Nov 2016RentedNew contract
AED 79,000/yr12 months · AED 106 per sqft
1 Aug 2015RentedRenewal
AED 80,000/yr12 months · AED 108 per sqft
27 Jul 2009Sold by developerReady
AED 830,888AED 1,121 per sqft

Source: Dubai Land Department. Updated 30 March 2024.

Key facts

Type
1-bed apartment
Size
741 sqft
Floor
3rd of 7
Parking
366
Service charge
AED 11,400 /yr
Last sold
AED 700K · December 2022
Building
Al Arta 2

About 315, Al Arta 2

315 is a one-bedroom apartment of 741 sqft on the 3rd floor of Al Arta 2, a 7-storey tower in The Greens. It last sold on 22 December 2022 for AED 700,000, or AED 945 per sqft, in line with the AED 942 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 30 March 2024, is AED 116,000 a year: a gross yield of 16.6% on the 2022 price, before the service charge of about AED 11,400 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, July 2009: AED 830,888 (AED 1,121 per sqft)Sold, December 2022: AED 700,000 (AED 945 per sqft)

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

Rents
Unit 315, each contractTypical one-bed in Al Arta 2
50K100K2012201620202024Typical 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 90,000Renewal, August 2015: AED 80,000 a yearNew contract, November 2016: AED 79,000 a yearNew contract, January 2022: AED 48,000 a yearRenewal, January 2023: AED 48,000 a yearNew contract, March 2024: AED 116,000 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 315 sits

All 63 1-beds →

315 last sold in December 2022 at AED 945 per sqft, in line with what one-beds in Al Arta 2 were fetching at the time (AED 942). 315's AED 116,000 is at the top 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 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

315, Al Arta 2 in numbers

  • Sold twice: first on 27 July 2009 for AED 830,888, last on 22 December 2022 for AED 700,000 (AED 945 per sqft).
  • Rented since August 2015 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 48,000 in 2023 and recovered to AED 116,000 by March 2024.
  • At AED 116,000 a year the gross yield on the 2022 price is 16.6%, before a service charge of about AED 11,400 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 30 March 2024.

Questions about 315, Al Arta 2

What did unit 315 last sell for?

AED 700,000 on 22 December 2022: AED 945 per sqft for 741 sqft. The unit has 2 registered sales; the first was AED 830,888 in July 2009.

What is the rent for unit 315?

AED 116,000 a year on the contract signed on 30 March 2024. The previous contract, from January 2023, was AED 48,000; the unit has been rented since August 2015.

How big is unit 315?

741 sqft (68.8 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 315 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 315, Al Arta 2

Starts from the last sale price (AED 700K, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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