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1-bed · 748 sqftAl Arta 4, The Greens · 1st floor

116, Al Arta 4

Sold prices and rental history: sold once, by the developer in July 2007, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 184K30 July 2007
Current rentAED 59K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 116, Al Arta 4

What is 116 worth today?

Last sold for AED 183,900 in 2007

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1 Sep 2023RentedRenewal
AED 59,000/yr12 months · AED 78 per sqft
1 Sep 2022RentedRenewal
AED 50,000/yr12 months · AED 66 per sqft
1 Sep 2021RentedNew contract
AED 45,000/yr12 months · AED 60 per sqft
16 Apr 2020RentedNew contract
AED 52,000/yr12 months · AED 69 per sqft
30 Jul 2007Sold by developerReady
AED 183,900AED 245 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
1-bed apartment
Size
748 sqft
Floor
1st of 7
Parking
126
Service charge
AED 11,600 /yr
Last sold
AED 184K · July 2007
Building
Al Arta 4

About 116, Al Arta 4

116 is a one-bedroom apartment of 748 sqft on the 1st floor of Al Arta 4, a 7-storey tower in The Greens. The developer sold it on 30 July 2007 for AED 183,900, or AED 245 per sqft, 54% below the AED 527 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 59,000 a year: a gross yield of 32.1% on the 2007 price, before the service charge of about AED 11,600 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical one-bed in Al Arta 4
0500K1M2007201220172022Typical sale price by year: 2007 AED 387,800; 2008 AED 745,000; 2009 AED 452,800; 2010 AED 459,800; 2011 AED 520,000; 2012 AED 680,000; 2013 AED 950,000; 2014 AED 1,250,000; 2015 AED 1,000,000; 2016 AED 925,000; 2017 AED 1,000,000; 2019 AED 486,821; 2020 AED 610,000; 2021 AED 830,000; 2022 AED 680,000; 2023 AED 925,000; 2024 AED 1,102,500; 2025 AED 1,200,000Sold by developer, July 2007: AED 183,900 (AED 245 per sqft)

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

Rents
Unit 116, each contractTypical one-bed in Al Arta 4
40K60K80K2012201620202024Typical rent by year: 2012 AED 56,250; 2013 AED 66,000; 2014 AED 80,000; 2015 AED 81,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 62,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 52,000; 2023 AED 60,000; 2024 AED 72,250; 2025 AED 80,000; 2026 AED 82,500New contract, April 2020: AED 52,000 a yearNew contract, September 2021: AED 45,000 a yearRenewal, September 2022: AED 50,000 a yearRenewal, September 2023: AED 59,000 a year

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 4, and where 116 sits

All 73 1-beds →

116 last sold in July 2007 at AED 245 per sqft, 54% below what one-beds in Al Arta 4 were fetching at the time (AED 527). Over the last 12 months one-beds sold for AED 1,300,000 to 1,640,000, around AED 1,771 per sqft, and rent for AED 72,160 to 135,000 a year. 116's AED 59,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20261,300,000
5 Jan 20261,310,000
1 Jul 20251,486,000
19 May 20251,200,000
3 1-bed sales in the last 12 months

Al Arta 4

Building

107 apartments, 1-bed to 2-bed over 7 floors in The Greens. 3 sold in the last 12 months.

Typical price per sqft
AED 1,771
Typical sale
AED 1.31M
Typical rent
AED 107K /yr
Typical yield
5.9%
Al Arta 4, The Greens: prices, sales and rents →

Other units on the 1st floor

All 107 units in Al Arta 4
Value
1011-bedAED 905K · Apr 2008
1021-bedAED 635K · Jun 2010
1031-bedAED 550K · Jul 2018
1041-bedAED 1.2M · Nov 2024
1052-bedAED 704K · Sep 2009
1061-bedAED 1M · May 2015
1071-bedAED 750K · Mar 2011
1–7 of 18

116, Al Arta 4 in numbers

  • Sold once: by the developer on 30 July 2007 for AED 183,900, or AED 245 per sqft.
  • Rented since April 2020 on 4 Ejari contracts. The rent fell from AED 52,000 to AED 45,000 in 2021 and recovered to AED 59,000 by September 2023.
  • At AED 59,000 a year the gross yield on the 2007 price is 32.1%, before a service charge of about AED 11,600 a year (AED 15.45 per sqft).
  • One-beds in Al Arta 4 sold for AED 1,300,000–1,640,000 in the 12 months to November 2026; the building's median across all types is AED 1,771 per sqft.

Source: Dubai Land Department. Updated 1 September 2023.

Questions about 116, Al Arta 4

What did unit 116 last sell for?

AED 183,900 on 30 July 2007, sold by the developer: AED 245 per sqft for 748 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 59,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 50,000; the unit has been rented since April 2020.

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 4 sold for AED 1,300,000 to 1,640,000 in the last 12 months, around AED 1,771 per sqft.

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Mortgage on 116, Al Arta 4

Starts from the last sale price (AED 184K, 30 July 2007). Switch to today's estimate once you have unlocked it.
Price
AED 183,900
Deposit, UAE resident (20%)
AED 36,780
Deposit, non-resident (40%)
AED 73,560
Monthly over 25 years at 3.7%
AED 752

Plus AED 10,634 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →