Home
Dubai prices
About
Research
2-bed · 1,489 sqftAl Arta 4, The Greens · 1st floor

117, Al Arta 4

Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 117 · DLD and Ejari recordsUpdated 10 September 2019
Last soldAED 1.92M28 April 2014
Current rentAED 85K /yr10 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 117

Property timeline for 117, Al Arta 4

What is 117 worth today?

Last sold for AED 1,920,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Sep 2019RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
10 Sep 2018RentedNew contract
AED 90,000/yr12 months · AED 61 per sqft
8 Aug 2017RentedNew contract
AED 115,000/yr12 months · AED 77 per sqft
8 Nov 2016RentedRenewal
AED 135,000/yr6 months · AED 91 per sqft
8 Nov 2015RentedRenewal
AED 135,000/yr12 months · AED 91 per sqft
8 Nov 2014RentedNew contract
AED 135,000/yr12 months · AED 91 per sqft
28 Apr 2014SoldReady
AED 1,920,000AED 1,289 per sqft
25 Sep 2007Sold by developerReady
AED 625,000AED 419 per sqft

Source: Dubai Land Department. Updated 10 September 2019.

Key facts

Type
2-bed apartment
Size
1,489 sqft
Floor
1st of 7
Parking
151
Service charge
AED 23,000 /yr
Last sold
AED 1.92M · April 2014
Building
Al Arta 4

About 117, Al Arta 4

117 is a two-bedroom apartment of 1,489 sqft on the 1st floor of Al Arta 4, a 7-storey tower in The Greens. It last sold on 28 April 2014 for AED 1,920,000, or AED 1,289 per sqft, in line with the AED 1,264 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 10 September 2019, is AED 85,000 a year: a gross yield of 4.4% on the 2014 price, before the service charge of about AED 23,000 a year.

Sales and rents for 117 over time

Sales
Unit 117, each saleTypical two-bed in Al Arta 4
1M2M2007201220172022Typical sale price by year: 2007 AED 657,400; 2008 AED 1,121,525; 2009 AED 831,900; 2010 AED 680,800; 2011 AED 800,000; 2012 AED 1,125,000; 2013 AED 1,300,000; 2014 AED 1,700,000; 2015 AED 1,332,500; 2023 AED 1,340,000Sold by developer, September 2007: AED 625,000 (AED 419 per sqft)Sold, April 2014: AED 1,920,000 (AED 1,289 per sqft)

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

Rents
Unit 117, each contractTypical two-bed in Al Arta 4
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 93,750; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 128,050; 2017 AED 120,000; 2018 AED 102,500; 2019 AED 87,500; 2020 AED 75,000; 2021 AED 78,000; 2022 AED 86,125; 2023 AED 99,000; 2024 AED 123,500; 2025 AED 124,500; 2026 AED 155,000New contract, November 2014: AED 135,000 a yearRenewal, November 2015: AED 135,000 a yearRenewal, November 2016: AED 135,000 a yearNew contract, August 2017: AED 115,000 a yearNew contract, September 2018: AED 90,000 a yearNew contract, September 2019: AED 85,000 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 4, and where 117 sits

All 30 2-beds →

117 last sold in April 2014 at AED 1,289 per sqft, in line with what two-beds in Al Arta 4 were fetching at the time (AED 1,264). 117's AED 85,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Oct 20242,000,000
20 Sep 20231,235,000
20 Jun 20231,500,000
21 Mar 20231,340,000
0 2-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

117, Al Arta 4 in numbers

  • Sold twice: first on 25 September 2007 for AED 625,000, last on 28 April 2014 for AED 1,920,000 (AED 1,289 per sqft).
  • Rented since November 2014 on 6 Ejari contracts, from AED 135,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2014 price is 4.4%, before a service charge of about AED 23,000 a year (AED 15.45 per sqft).

Source: Dubai Land Department. Updated 10 September 2019.

Questions about 117, Al Arta 4

What did unit 117 last sell for?

AED 1,920,000 on 28 April 2014: AED 1,289 per sqft for 1,489 sqft. The unit has 2 registered sales; the first was AED 625,000 in September 2007.

What is the rent for unit 117?

AED 85,000 a year on the contract signed on 10 September 2019. The previous contract, from September 2018, was AED 90,000; the unit has been rented since November 2014.

How big is unit 117?

1,489 sqft (138.3 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower.

What is unit 117 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 117? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 117, Al Arta 4

Starts from the last sale price (AED 1.92M, 28 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,920,000
Deposit, UAE resident (20%)
AED 384,000
Deposit, non-resident (40%)
AED 768,000
Monthly over 25 years at 3.7%
AED 7,855

Plus AED 85,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →