1-bed · 752 sqftAl Arta 2, The Greens · 7th floor

715, Al Arta 2

Sold prices and rental history: sold once, by the developer in April 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 715 · DLD and Ejari recordsUpdated 24 December 2019
Last soldAED 585K14 April 2008
Current rentAED 58K /yr24 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 715, Al Arta 2

What is 715 worth today?

Last sold for AED 585,000 in 2008

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24 Dec 2019RentedNew contract
AED 58,000/yr12 months · AED 77 per sqft
11 Nov 2018RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
15 Jan 2014RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
23 Dec 2013RentedNew contract
AED 89,503/yr6 months · AED 119 per sqft
14 Apr 2008Sold by developerReady
AED 585,000AED 778 per sqft

Source: Dubai Land Department. Updated 24 December 2019.

Key facts

Type
1-bed apartment
Size
752 sqft
Floor
7th of 7
Parking
446
Service charge
AED 11,600 /yr
Last sold
AED 585K · April 2008
Building
Al Arta 2

About 715, Al Arta 2

715 is a one-bedroom apartment of 752 sqft on the 7th floor of Al Arta 2, a 7-storey tower in The Greens. The developer sold it on 14 April 2008 for AED 585,000, or AED 778 per sqft, 56% above the AED 500 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 24 December 2019, is AED 58,000 a year: a gross yield of 9.9% on the 2008 price, before the service charge of about AED 11,600 a year.

Sales and rents for 715 over time

Sales
Unit 715, 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, April 2008: AED 585,000 (AED 778 per sqft)

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

Rents
Unit 715, 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, December 2013: AED 89,503 a yearNew contract, January 2014: AED 55,000 a yearNew contract, November 2018: AED 60,000 a yearNew contract, December 2019: AED 58,000 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 715 sits

All 63 1-beds →

715 last sold in April 2008 at AED 778 per sqft, 56% above what one-beds in Al Arta 2 were fetching at the time (AED 500). 715's AED 58,000 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 7th floor

All 118 units in Al Arta 2
Value
7161-bedAED 1.22M · Nov 2023
7172-bedAED 564K · Aug 2007
7182-bedAED 812K · Jul 2010
7192-bedAED 2.3M · Mar 2025

715, Al Arta 2 in numbers

  • Sold once: by the developer on 14 April 2008 for AED 585,000, or AED 778 per sqft.
  • Rented since December 2013 on 4 Ejari contracts, from AED 89,503 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2008 price is 9.9%, before a service charge of about AED 11,600 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 24 December 2019.

Questions about 715, Al Arta 2

What did unit 715 last sell for?

AED 585,000 on 14 April 2008, sold by the developer: AED 778 per sqft for 752 sqft. It is the only registered sale of the unit.

What is the rent for unit 715?

AED 58,000 a year on the contract signed on 24 December 2019. The previous contract, from November 2018, was AED 60,000; the unit has been rented since December 2013.

How big is unit 715?

752 sqft (69.9 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower.

What is unit 715 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 715, Al Arta 2

Starts from the last sale price (AED 585K, 14 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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