116, Al Arta 3
Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Al Arta 3
What is 116 worth today?
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Source: Dubai Land Department. Updated 30 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 748 sqft
- Floor
- 1st of 7
- Parking
- 304
- Service charge
- AED 11,600 /yr
- Last sold
- AED 368K · May 2008
- Building
- Al Arta 3
About 116, Al Arta 3
116 is a one-bedroom apartment of 748 sqft on the 1st floor of Al Arta 3, a 7-storey tower in The Greens. The developer sold it on 8 May 2008 for AED 367,800, or AED 491 per sqft, 17% below the AED 592 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 30 August 2024, is AED 87,000 a year: a gross yield of 23.6% on the 2008 price, before the service charge of about AED 11,600 a year.
Sales and rents for 116 over time
116 has sold once; the dashed line is the one-bed median of each year in the building.
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 3, and where 116 sits
All 62 1-beds →116 last sold in May 2008 at AED 491 per sqft, 17% below what one-beds in Al Arta 3 were fetching at the time (AED 592). Over the last 12 months one-beds sold for AED 1,260,000 to 1,640,000, around AED 1,831 per sqft, and rent for AED 70,693 to 100,000 a year. 116's AED 87,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 739 sqft | 1,640,000 | 2,217 | ||
| 14 Jan 202614 January 2026 | 800 sqft | 1,525,000 | 1,905 | ||
| 17 Dec 202517 December 2025 | 739 sqft | 1,300,000 | 1,757 | ||
| 11 Jun 202511 June 2025 | 889 sqft | 1,500,000 | 1,687 |
Al Arta 3
Building118 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%
Other units on the 1st floor
All 118 units in Al Arta 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 805 sqft | AED 410KAED 409,800 · Jan 2013January 2013 | 75,000 /yr | |
| 102 | 1-bed | 800 sqft | AED 1.28MAED 1,275,000 · Jan 2024January 2024 | 100,000 /yr | |
| 103 | 1-bed | 800 sqft | AED 945KAED 945,000 · Jun 2010June 2010 | 85,000 /yr | |
| 104 | 1-bed | 800 sqft | AED 1.53MAED 1,525,000 · Jan 2026January 2026 | 45,600 /yr | |
| 105 | 2-bed | 1,438 sqft | AED 1.9MAED 1,900,000 · Feb 2016February 2016 | 143,500 /yr | |
| 106 | 1-bed | 747 sqft | AED 1.08MAED 1,080,000 · Apr 2024April 2024 | 120,000 /yr | |
| 107 | 1-bed | 739 sqft | AED 1.18MAED 1,175,000 · Nov 2024November 2024 | 93,000 /yr | |
| 108 | 1-bed | 739 sqft | AED 630KAED 630,000 · Sep 2007September 2007 | 78,000 /yr | |
| 109 | 1-bed | 739 sqft | AED 815KAED 815,000 · Nov 2012November 2012 | 69,575 /yr | |
| 110 | 1-bed | 739 sqft | AED 1.64MAED 1,640,000 · Feb 2026February 2026 | ||
| 111 | 2-bed | 1,059 sqft | AED 925KAED 925,000 · Oct 2021October 2021 | 101,200 /yr | |
| 114 | 1-bed | 743 sqft | AED 815KAED 815,000 · Mar 2023March 2023 | 100,000 /yr | |
| 115 | 1-bed | 741 sqft | AED 368KAED 367,800 · Nov 2010November 2010 | 90,000 /yr | |
| 117 | 2-bed | 1,489 sqft | AED 860KAED 860,000 · Nov 2019November 2019 | 136,000 /yr | |
| 118 | 2-bed | 1,305 sqft | AED 1.13MAED 1,125,000 · Dec 2019December 2019 | 180,000 /yr | |
| 119 | 2-bed | 1,331 sqft | AED 1.55MAED 1,550,000 · Sep 2024September 2024 | 135,000 /yr | |
| 112A | Studio | 458 sqft | AED 500KAED 500,000 · Jul 2010July 2010 | 52,500 /yr | |
| 112B | Studio | 465 sqft | AED 775KAED 775,200 · Oct 2010October 2010 | 50,000 /yr | |
| 113A | Studio | 455 sqft | AED 500KAED 500,000 · Jun 2019June 2019 | 41,000 /yr | |
| 113B | Studio | 453 sqft | AED 700KAED 700,000 · Mar 2016March 2016 | 62,000 /yr |
116, Al Arta 3 in numbers
- Sold once: by the developer on 8 May 2008 for AED 367,800, or AED 491 per sqft.
- Rented since November 2016 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 51,000 in 2022 and recovered to AED 87,000 by August 2024.
- At AED 87,000 a year the gross yield on the 2008 price is 23.6%, before a service charge of about AED 11,600 a year (AED 15.45 per sqft).
- One-beds in Al Arta 3 sold for AED 1,260,000–1,640,000 in the 12 months to November 2026; the building's median across all types is AED 1,905 per sqft.
Source: Dubai Land Department. Updated 30 August 2024.
Questions about 116, Al Arta 3
What did unit 116 last sell for?
AED 367,800 on 8 May 2008, sold by the developer: AED 491 per sqft for 748 sqft. It is the only registered sale of the unit.
What is the rent for unit 116?
AED 87,000 a year on the contract signed on 30 August 2024. The previous contract, from May 2023, was AED 55,000; the unit has been rented since November 2016.
How big is unit 116?
748 sqft (69.5 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower.
What is unit 116 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Arta 3 sold for AED 1,260,000 to 1,640,000 in the last 12 months, around AED 1,831 per sqft.
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Mortgage on 116, Al Arta 3
Starts from the last sale price (AED 368K, 8 May 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 367,800
- Deposit, UAE resident (20%)
- AED 73,560
- Deposit, non-resident (40%)
- AED 147,120
- Monthly over 25 years at 3.7%
- AED 1,505
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →