2-bed · 1,305 sqftAl Arta 3, The Greens · 3rd floor

318, Al Arta 3

Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 2.06M9 December 2024
Current rentAED 135K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Al Arta 3

What is 318 worth today?

Last sold for AED 2,060,000 in 2024

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9 Dec 2024SoldReady
AED 2,060,000AED 1,578 per sqft
1 Oct 2023RentedNew contract
AED 135,000/yr12 months · AED 104 per sqft
1 Mar 2023RentedRenewal
AED 90,000/yr3 months · AED 69 per sqft
1 Mar 2022RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
1 Mar 2021RentedNew contract
AED 82,000/yr12 months · AED 63 per sqft
1 Mar 2020RentedNew contract
AED 95,000/yr12 months · AED 73 per sqft
22 Jan 2020SoldReady
AED 867,815AED 665 per sqft
11 Nov 2019RentedRenewal
AED 95,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 9 December 2024.

Key facts

Type
2-bed apartment
Size
1,305 sqft
Floor
3rd of 7
Parking
287
Service charge
AED 20,200 /yr
Last sold
AED 2.06M · December 2024
Building
Al Arta 3

About 318, Al Arta 3

318 is a two-bedroom apartment of 1,305 sqft on the 3rd floor of Al Arta 3, a 7-storey tower in The Greens. It last sold on 9 December 2024 for AED 2,060,000, or AED 1,578 per sqft, 8% above the AED 1,462 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 October 2023, is AED 135,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 20,200 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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, May 2008: AED 2,300,000 (AED 1,762 per sqft)Sold, May 2008: AED 1,300,000 (AED 996 per sqft)Sold, January 2020: AED 867,815 (AED 665 per sqft)Sold, December 2024: AED 2,060,000 (AED 1,578 per sqft)

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

Rents
Unit 318, each contractTypical two-bed in Al Arta 3
100K150K2012201620202024Typical 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, May 2013: AED 105,000 a yearNew contract, November 2014: AED 145,000 a yearNew contract, November 2015: AED 135,000 a yearRenewal, November 2016: AED 136,098 a yearRenewal, November 2017: AED 135,364 a yearRenewal, November 2018: AED 110,000 a yearRenewal, November 2019: AED 95,000 a yearNew contract, March 2020: AED 95,000 a yearNew contract, March 2021: AED 82,000 a yearRenewal, March 2022: AED 90,000 a yearRenewal, March 2023: AED 90,000 a yearNew contract, October 2023: AED 135,000 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 318 sits

All 32 2-beds →

318 last sold in December 2024 at AED 1,578 per sqft, 8% above what two-beds in Al Arta 3 were fetching at the time (AED 1,462). 318's AED 135,000 is in the upper half 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
15 Oct 20241,650,000
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

318, Al Arta 3 in numbers

  • Sold 4 times: first on 5 May 2008 for AED 1,300,000, last on 9 December 2024 for AED 2,060,000 (AED 1,578 per sqft).
  • Rented since May 2013 on 12 Ejari contracts. The rent fell from AED 105,000 to AED 82,000 in 2021 and recovered to AED 135,000 by October 2023.
  • At AED 135,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 20,200 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 9 December 2024.

Questions about 318, Al Arta 3

What did unit 318 last sell for?

AED 2,060,000 on 9 December 2024: AED 1,578 per sqft for 1,305 sqft. The unit has 4 registered sales; the first was AED 1,300,000 in May 2008.

What is the rent for unit 318?

AED 135,000 a year on the contract signed on 1 October 2023. The previous contract, from March 2023, was AED 90,000; the unit has been rented since May 2013.

How big is unit 318?

1,305 sqft (121.2 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 318 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 318, Al Arta 3

Starts from the last sale price (AED 2.06M, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,060,000
Deposit, UAE resident (20%)
AED 412,000
Deposit, non-resident (40%)
AED 824,000
Monthly over 25 years at 3.7%
AED 8,428

Plus AED 91,530 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →