1-bed · 800 sqftAl Arta 4, The Greens · 3rd floor

302, Al Arta 4

Sold prices and rental history: sold twice, last in April 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 380K25 April 2019
Current rentAED 65K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Al Arta 4

What is 302 worth today?

Last sold for AED 380,000 in 2019

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20 May 2024RentedRenewal
AED 65,200/yr12 months · AED 82 per sqft
20 May 2023RentedRenewal
AED 56,650/yr12 months · AED 71 per sqft
20 May 2021RentedRenewal
AED 45,000/yr12 months · AED 56 per sqft
20 May 2020RentedNew contract
AED 50,000/yr12 months · AED 63 per sqft
25 Apr 2019SoldReady
AED 380,000AED 474 per sqft
1 Feb 2019RentedNew contract
AED 67,500/yr12 months · AED 85 per sqft
20 Dec 2017RentedNew contract
AED 78,000/yr12 months · AED 98 per sqft
10 Dec 2016RentedNew contract
AED 82,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
1-bed apartment
Size
800 sqft
Floor
3rd of 7
Parking
157
Service charge
AED 12,400 /yr
Last sold
AED 380K · April 2019
Building
Al Arta 4

About 302, Al Arta 4

302 is a one-bedroom apartment of 800 sqft on the 3rd floor of Al Arta 4, a 7-storey tower in The Greens. It last sold on 25 April 2019 for AED 380,000, or AED 474 per sqft, 44% below the AED 851 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 20 May 2024, is AED 65,200 a year: a gross yield of 17.2% on the 2019 price, before the service charge of about AED 12,400 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in Al Arta 4
500K1M2007201220172022Typical 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 2013: AED 434,800 (AED 543 per sqft)Sold, April 2019: AED 380,000 (AED 474 per sqft)

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

Rents
Unit 302, each contractTypical one-bed in Al Arta 4
50K75K2012201620202024Typical 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, October 2014: AED 90,000 a yearNew contract, December 2016: AED 82,000 a yearNew contract, December 2017: AED 78,000 a yearNew contract, February 2019: AED 67,500 a yearNew contract, May 2020: AED 50,000 a yearRenewal, May 2021: AED 45,000 a yearRenewal, May 2023: AED 56,650 a yearRenewal, May 2024: AED 65,200 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 302 sits

All 73 1-beds →

302 last sold in April 2019 at AED 474 per sqft, 44% below what one-beds in Al Arta 4 were fetching at the time (AED 851). 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. 302's AED 65,200 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 3rd floor

All 107 units in Al Arta 4
Value
3011-bedAED 424K · Jun 2013
3031-bedAED 450K · May 2011
3041-bedAED 460K · Nov 2010
3061-bedAED 1.29M · May 2023
3071-bedAED 1.35M · Apr 2024
3081-bedAED 1.25M · Jul 2024
3091-bedAED 970K · Nov 2013
1–7 of 17

302, Al Arta 4 in numbers

  • Sold twice: first on 9 July 2013 for AED 434,800, last on 25 April 2019 for AED 380,000 (AED 474 per sqft).
  • Rented since October 2014 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 45,000 in 2021 and recovered to AED 65,200 by May 2024.
  • At AED 65,200 a year the gross yield on the 2019 price is 17.2%, before a service charge of about AED 12,400 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 20 May 2024.

Questions about 302, Al Arta 4

What did unit 302 last sell for?

AED 380,000 on 25 April 2019: AED 474 per sqft for 800 sqft. The unit has 2 registered sales; the first was AED 434,800 in July 2013.

What is the rent for unit 302?

AED 65,200 a year on the contract renewed on 20 May 2024. The previous contract, from May 2023, was AED 56,650; the unit has been rented since October 2014.

How big is unit 302?

800 sqft (74.3 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower.

What is unit 302 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 302, Al Arta 4

Starts from the last sale price (AED 380K, 25 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

Plus AED 18,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →