2-bed · 1,059 sqftAl Arta 3, The Greens · 1st floor

111, Al Arta 3

Sold prices and rental history: sold 4 times, last in October 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 925K7 October 2021
Current rentAED 101K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Al Arta 3

What is 111 worth today?

Last sold for AED 925,000 in 2021

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25 Sep 2024RentedRenewal
AED 101,200/yr12 months · AED 96 per sqft
25 Sep 2023RentedRenewal
AED 88,000/yr12 months · AED 83 per sqft
25 Sep 2022RentedNew contract
AED 80,000/yr12 months · AED 76 per sqft
7 Oct 2021SoldReady
AED 925,000AED 873 per sqft
25 Sep 2021RentedRenewal
AED 67,000/yr12 months · AED 64 per sqft
25 Sep 2020RentedNew contract
AED 60,000/yr12 months · AED 57 per sqft
6 Sep 2016RentedRenewal
AED 115,000/yr12 months · AED 109 per sqft
6 Sep 2015RentedNew contract
AED 115,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
2-bed apartment
Size
1,059 sqft
Floor
1st of 7
Parking
248
Service charge
AED 16,400 /yr
Last sold
AED 925K · October 2021
Building
Al Arta 3

About 111, Al Arta 3

111 is a two-bedroom apartment of 1,059 sqft on the 1st floor of Al Arta 3, a 7-storey tower in The Greens. It last sold on 7 October 2021 for AED 925,000, or AED 873 per sqft.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 25 September 2024, is AED 101,200 a year: a gross yield of 10.9% on the 2021 price, before the service charge of about AED 16,400 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical two-bed in Al Arta 3
1M2M2008201320182023Typical sale price by year: 2008 AED 1,107,500; 2009 AED 514,800; 2010 AED 935,000; 2011 AED 647,800; 2012 AED 1,175,000; 2019 AED 930,000; 2020 AED 867,815; 2022 AED 1,250,000; 2024 AED 1,780,000Sold, February 2012: AED 875,000 (AED 826 per sqft)Sold by developer, February 2012: AED 1,450,000 (AED 1,369 per sqft)Sold, June 2012: AED 495,000 (AED 467 per sqft)Sold, October 2021: AED 925,000 (AED 873 per sqft)

111 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 111, each contractTypical two-bed in Al Arta 3
50K100K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 97,500; 2014 AED 105,000; 2015 AED 125,000; 2016 AED 127,500; 2017 AED 115,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 81,000; 2021 AED 73,500; 2022 AED 88,000; 2023 AED 93,250; 2024 AED 105,845; 2025 AED 130,000; 2026 AED 135,500New contract, March 2014: AED 99,000 a yearRenewal, March 2015: AED 108,900 a yearNew contract, September 2015: AED 115,000 a yearRenewal, September 2016: AED 115,000 a yearNew contract, September 2020: AED 60,000 a yearRenewal, September 2021: AED 67,000 a yearNew contract, September 2022: AED 80,000 a yearRenewal, September 2023: AED 88,000 a yearRenewal, September 2024: AED 101,200 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 3, and where 111 sits

All 32 2-beds →

111's AED 101,200 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Jul 20251,717,000
20 Mar 20251,910,000
27 Dec 20242,150,000
9 Dec 20242,060,000
0 2-bed sales in the last 12 months

Al Arta 3

Building

118 apartments, studios to 2-bed over 7 floors in The Greens. 5 sold in the last 12 months.

Typical price per sqft
AED 1,905
Typical sale
AED 1.3M
Typical rent
AED 90K /yr
Typical yield
5.9%
Al Arta 3, The Greens: prices, sales and rents →

Other units on the 1st floor

All 118 units in Al Arta 3
Value
1011-bedAED 410K · Jan 2013
1021-bedAED 1.28M · Jan 2024
1031-bedAED 945K · Jun 2010
1041-bedAED 1.53M · Jan 2026
1052-bedAED 1.9M · Feb 2016
1061-bedAED 1.08M · Apr 2024
1071-bedAED 1.18M · Nov 2024
1–7 of 20

111, Al Arta 3 in numbers

  • Sold 4 times: first on 13 February 2012 for AED 1,450,000, last on 7 October 2021 for AED 925,000 (AED 873 per sqft).
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 99,000 to AED 60,000 in 2020 and recovered to AED 101,200 by September 2024.
  • At AED 101,200 a year the gross yield on the 2021 price is 10.9%, before a service charge of about AED 16,400 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 25 September 2024.

Questions about 111, Al Arta 3

What did unit 111 last sell for?

AED 925,000 on 7 October 2021: AED 873 per sqft for 1,059 sqft. The unit has 4 registered sales; the first was AED 1,450,000 in February 2012.

What is the rent for unit 111?

AED 101,200 a year on the contract renewed on 25 September 2024. The previous contract, from September 2023, was AED 88,000; the unit has been rented since March 2014.

How big is unit 111?

1,059 sqft (98.4 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 111 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 111, Al Arta 3

Starts from the last sale price (AED 925K, 7 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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