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1-bed · 753 sqftAl Arta 2, The Greens · 5th floor

516, Al Arta 2

Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 17 May 2025
Last soldAED 490K30 October 2011
Current rentAED 70K /yr17 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 516, Al Arta 2

What is 516 worth today?

Last sold for AED 490,000 in 2011

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17 May 2025RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft
25 Mar 2024RentedRenewal
AED 75,000/yr12 months · AED 100 per sqft
25 Mar 2023RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
25 Mar 2022RentedRenewal
AED 57,500/yr12 months · AED 76 per sqft
25 Mar 2021RentedRenewal
AED 50,000/yr12 months · AED 66 per sqft
25 Mar 2020RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
14 Mar 2019RentedRenewal
AED 72,000/yr12 months · AED 96 per sqft
13 Sep 2013RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 17 May 2025.

Key facts

Type
1-bed apartment
Size
753 sqft
Floor
5th of 7
Parking
460
Service charge
AED 11,600 /yr
Last sold
AED 490K · October 2011
Building
Al Arta 2

About 516, Al Arta 2

516 is a one-bedroom apartment of 753 sqft on the 5th floor of Al Arta 2, a 7-storey tower in The Greens. It last sold on 30 October 2011 for AED 490,000, or AED 651 per sqft, 26% below the AED 874 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 17 May 2025, is AED 70,000 a year: a gross yield of 14.3% on the 2011 price, before the service charge of about AED 11,600 a year.

Sales and rents for 516 over time

Sales
Unit 516, 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, October 2011: AED 490,000 (AED 651 per sqft)Sold by developer, October 2011: AED 374,800 (AED 498 per sqft)

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

Rents
Unit 516, 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, September 2012: AED 55,650 a yearNew contract, September 2013: AED 75,000 a yearRenewal, March 2019: AED 72,000 a yearNew contract, March 2020: AED 55,000 a yearRenewal, March 2021: AED 50,000 a yearRenewal, March 2022: AED 57,500 a yearNew contract, March 2023: AED 75,000 a yearRenewal, March 2024: AED 75,000 a yearNew contract, May 2025: AED 70,000 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 516 sits

All 63 1-beds →

516 last sold in October 2011 at AED 651 per sqft, 26% below what one-beds in Al Arta 2 were fetching at the time (AED 874). 516's AED 70,000 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 5th floor

All 118 units in Al Arta 2
Value
5151-bedAED 700K · May 2022
5172-bedAED 1.08M · Jan 2023
5182-bedAED 1.18M · Mar 2019
5192-bedAED 1.77M · Oct 2024

516, Al Arta 2 in numbers

  • Sold twice: first on 26 October 2011 for AED 374,800, last on 30 October 2011 for AED 490,000 (AED 651 per sqft).
  • Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 55,650 to AED 50,000 in 2021 and recovered to AED 70,000 by May 2025.
  • At AED 70,000 a year the gross yield on the 2011 price is 14.3%, before a service charge of about AED 11,600 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 17 May 2025.

Questions about 516, Al Arta 2

What did unit 516 last sell for?

AED 490,000 on 30 October 2011: AED 651 per sqft for 753 sqft. The unit has 2 registered sales; the first was AED 374,800 in October 2011.

What is the rent for unit 516?

AED 70,000 a year on the contract signed on 17 May 2025. The previous contract, from March 2024, was AED 75,000; the unit has been rented since September 2012.

How big is unit 516?

753 sqft (70.0 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower.

What is unit 516 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 516, Al Arta 2

Starts from the last sale price (AED 490K, 30 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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