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2-bed · 1,438 sqftAl Arta 3, The Greens · 4th floor

405, Al Arta 3

Sold prices and rental history: sold once, by the developer in September 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 2 July 2024
Last soldAED 367K24 September 2007
Current rentAED 130K /yr2 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Al Arta 3

What is 405 worth today?

Last sold for AED 367,400 in 2007

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2 Jul 2024RentedNew contract
AED 130,000/yr12 months · AED 90 per sqft
16 Jul 2023RentedRenewal
AED 94,500/yr12 months · AED 66 per sqft
16 Jul 2022RentedRenewal
AED 90,000/yr12 months · AED 62 per sqft
16 Jul 2021RentedRenewal
AED 80,000/yr12 months · AED 55 per sqft
16 Jul 2020RentedNew contract
AED 80,000/yr12 months · AED 55 per sqft
25 May 2019RentedRenewal
AED 100,000/yr12 months · AED 69 per sqft
25 May 2018RentedRenewal
AED 108,000/yr12 months · AED 75 per sqft
25 May 2017RentedRenewal
AED 108,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 2 July 2024.

Key facts

Type
2-bed apartment
Size
1,438 sqft
Floor
4th of 7
Parking
285
Service charge
AED 22,200 /yr
Last sold
AED 367K · September 2007
Building
Al Arta 3

About 405, Al Arta 3

405 is a two-bedroom apartment of 1,438 sqft on the 4th floor of Al Arta 3, a 7-storey tower in The Greens. The developer sold it on 24 September 2007 for AED 367,400, or AED 255 per sqft.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 2 July 2024, is AED 130,000 a year: a gross yield of 35.4% on the 2007 price, before the service charge of about AED 22,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Al Arta 3
1M2M2007201220172022Typical 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, September 2007: AED 367,400 (AED 255 per sqft)

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

Rents
Unit 405, 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, May 2013: AED 85,000 a yearNew contract, May 2014: AED 93,500 a yearNew contract, May 2015: AED 100,000 a yearRenewal, May 2017: AED 108,000 a yearRenewal, May 2018: AED 108,000 a yearRenewal, May 2019: AED 100,000 a yearNew contract, July 2020: AED 80,000 a yearRenewal, July 2021: AED 80,000 a yearRenewal, July 2022: AED 90,000 a yearRenewal, July 2023: AED 94,500 a yearNew contract, July 2024: AED 130,000 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 405 sits

All 32 2-beds →

405's AED 130,000 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
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 4th floor

All 118 units in Al Arta 3
Value
4011-bedAED 432K · Nov 2010
402AED 1.26M · Nov 2025
4031-bedAED 457K · Nov 2010
404AED 1.49M · Oct 2025
4061-bedAED 650K · Nov 2010
4071-bedAED 325K · Jun 2012
4081-bedAED 1M · Jan 2025
1–7 of 20

405, Al Arta 3 in numbers

  • Sold once: by the developer on 24 September 2007 for AED 367,400, or AED 255 per sqft.
  • Rented since May 2013 on 11 Ejari contracts, from AED 85,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2007 price is 35.4%, before a service charge of about AED 22,200 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 2 July 2024.

Questions about 405, Al Arta 3

What did unit 405 last sell for?

AED 367,400 on 24 September 2007, sold by the developer: AED 255 per sqft for 1,438 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 130,000 a year on the contract signed on 2 July 2024. The previous contract, from July 2023, was AED 94,500; the unit has been rented since May 2013.

How big is unit 405?

1,438 sqft (133.6 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower.

What is unit 405 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 405, Al Arta 3

Starts from the last sale price (AED 367K, 24 September 2007). Switch to today's estimate once you have unlocked it.
Price
AED 367,400
Deposit, UAE resident (20%)
AED 73,480
Deposit, non-resident (40%)
AED 146,960
Monthly over 25 years at 3.7%
AED 1,503

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