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2-bed · 1,156 sqftAl Arta 3, The Greens · 3rd floor

317, Al Arta 3

Sold prices and rental history: sold twice, last in March 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 317 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 1.02M8 March 2010
Current rentAED 84K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 317, Al Arta 3

What is 317 worth today?

Last sold for AED 1,020,000 in 2010

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1 Sep 2023RentedRenewal
AED 83,950/yr12 months · AED 73 per sqft
1 Sep 2022RentedRenewal
AED 73,000/yr12 months · AED 63 per sqft
1 Sep 2021RentedNew contract
AED 68,000/yr12 months · AED 59 per sqft
28 May 2020RentedRenewal
AED 76,000/yr12 months · AED 66 per sqft
28 May 2019RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft
10 Jun 2018RentedRenewal
AED 98,000/yr12 months · AED 85 per sqft
10 Jun 2017RentedRenewal
AED 115,000/yr12 months · AED 100 per sqft
10 Jun 2016RentedNew contract
AED 115,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
2-bed apartment
Size
1,156 sqft
Floor
3rd of 7
Parking
337
Service charge
AED 17,900 /yr
Last sold
AED 1.02M · March 2010
Building
Al Arta 3

About 317, Al Arta 3

317 is a two-bedroom apartment of 1,156 sqft on the 3rd floor of Al Arta 3, a 7-storey tower in The Greens. The developer sold it on 8 March 2010 for AED 1,020,000, or AED 882 per sqft, 87% above the AED 472 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 83,950 a year: a gross yield of 8.2% on the 2010 price, before the service charge of about AED 17,900 a year.

Sales and rents for 317 over time

Sales
Unit 317, 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 by developer, March 2010: AED 1,020,000 (AED 882 per sqft)Sold, March 2010: AED 525,800 (AED 454 per sqft)

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

Rents
Unit 317, each contractTypical two-bed in Al Arta 3
100K2012201620202024Typical 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, December 2012: AED 90,000 a yearNew contract, December 2013: AED 90,000 a yearRenewal, December 2014: AED 90,000 a yearNew contract, June 2016: AED 115,000 a yearRenewal, June 2017: AED 115,000 a yearRenewal, June 2018: AED 98,000 a yearNew contract, May 2019: AED 80,000 a yearRenewal, May 2020: AED 76,000 a yearNew contract, September 2021: AED 68,000 a yearRenewal, September 2022: AED 73,000 a yearRenewal, September 2023: AED 83,950 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 317 sits

All 32 2-beds →

317 last sold in March 2010 at AED 882 per sqft, 87% above what two-beds in Al Arta 3 were fetching at the time (AED 472). 317's AED 83,950 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 3rd floor

All 118 units in Al Arta 3
Value
3011-bedAED 1.07M · Dec 2023
3021-bedAED 950K · Mar 2012
3031-bedAED 1.3M · Mar 2025
3041-bedAED 900K · Jul 2023
3052-bedAED 725K · Jul 2008
3061-bedAED 387K · Jan 2009
3071-bedAED 673K · Jan 2020
1–7 of 20

317, Al Arta 3 in numbers

  • Sold twice: first on 8 March 2010 for AED 525,800, last on 8 March 2010 for AED 1,020,000 (AED 882 per sqft).
  • Rented since December 2012 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 68,000 in 2021 and recovered to AED 83,950 by September 2023.
  • At AED 83,950 a year the gross yield on the 2010 price is 8.2%, before a service charge of about AED 17,900 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 1 September 2023.

Questions about 317, Al Arta 3

What did unit 317 last sell for?

AED 1,020,000 on 8 March 2010, sold by the developer: AED 882 per sqft for 1,156 sqft. The unit has 2 registered sales; the first was AED 525,800 in March 2010.

What is the rent for unit 317?

AED 83,950 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 73,000; the unit has been rented since December 2012.

How big is unit 317?

1,156 sqft (107.4 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 317 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 317, Al Arta 3

Starts from the last sale price (AED 1.02M, 8 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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