718, Al Arta 3
Sold prices and rental history: sold 5 times, last in April 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 718, Al Arta 3
What is 718 worth today?
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Source: Dubai Land Department. Updated 12 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,305 sqft
- Floor
- 7th of 7
- Parking
- 271
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.4M · April 2022
- Building
- Al Arta 3
About 718, Al Arta 3
718 is a two-bedroom apartment of 1,305 sqft on the 7th floor of Al Arta 3, a 7-storey tower in The Greens. It last sold on 12 April 2022 for AED 1,400,000, or AED 1,073 per sqft, 20% above the AED 896 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 23 April 2020, is AED 80,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 20,200 a year.
Sales and rents for 718 over time
718 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 718 sits
All 32 2-beds →718 last sold in April 2022 at AED 1,073 per sqft, 20% above what two-beds in Al Arta 3 were fetching at the time (AED 896). 718's AED 80,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jul 202518 July 2025 | 1,156 sqft | 1,717,000 | 1,484 | ||
| 20 Mar 202520 March 2025 | 1,156 sqft | 1,910,000 | 1,651 | ||
| 27 Dec 202427 December 2024 | 1,305 sqft | 2,150,000 | 1,647 | ||
| 9 Dec 20249 December 2024 | 1,305 sqft | 2,060,000 | 1,578 |
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 7th floor
All 118 units in Al Arta 3718, Al Arta 3 in numbers
- Sold 5 times: first on 14 April 2008 for AED 673,800, last on 12 April 2022 for AED 1,400,000 (AED 1,073 per sqft).
- Rented since December 2012 on 7 Ejari contracts, from AED 97,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 20,200 a year (AED 15.45 per sqft).
Source: Dubai Land Department. Updated 12 April 2022.
Questions about 718, Al Arta 3
What did unit 718 last sell for?
AED 1,400,000 on 12 April 2022: AED 1,073 per sqft for 1,305 sqft. The unit has 5 registered sales; the first was AED 673,800 in April 2008.
What is the rent for unit 718?
AED 80,000 a year on the contract signed on 23 April 2020. The previous contract, from February 2019, was AED 100,000; the unit has been rented since December 2012.
How big is unit 718?
1,305 sqft (121.2 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower.
What is unit 718 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 718, Al Arta 3
Starts from the last sale price (AED 1.4M, 12 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →