617, Al Arta 4
Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 617, Al Arta 4
What is 617 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,156 sqft
- Floor
- 6th of 7
- Parking
- 222
- Service charge
- AED 17,900 /yr
- Last sold
- AED 1.5M · June 2023
- Building
- Al Arta 4
About 617, Al Arta 4
617 is a two-bedroom apartment of 1,156 sqft on the 6th floor of Al Arta 4, a 7-storey tower in The Greens. It last sold on 20 June 2023 for AED 1,500,000, or AED 1,297 per sqft.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 August 2024, is AED 135,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 17,900 a year.
Sales and rents for 617 over time
617 has sold 3 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 4, and where 617 sits
All 30 2-beds →617's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20241 October 2024 | 1,331 sqft | 2,000,000 | 1,502 | ||
| 20 Sep 202320 September 2023 | 1,156 sqft | 1,235,000 | 1,067 | ||
| 21 Mar 202321 March 2023 | 1,305 sqft | 1,340,000 | 1,027 | ||
| 15 Jun 202215 June 2022 | 1,331 sqft | 1,265,000 | 950 |
Al Arta 4
Building107 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%
Other units on the 6th floor
All 107 units in Al Arta 4617, Al Arta 4 in numbers
- Sold 3 times: first on 9 October 2012 for AED 870,000, last on 20 June 2023 for AED 1,500,000 (AED 1,297 per sqft).
- Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 92,500 to AED 68,000 in 2020 and recovered to AED 135,000 by August 2024.
- At AED 135,000 a year the gross yield on the 2023 price is 9.0%, before a service charge of about AED 17,900 a year (AED 15.45 per sqft).
Source: Dubai Land Department. Updated 1 August 2024.
Questions about 617, Al Arta 4
What did unit 617 last sell for?
AED 1,500,000 on 20 June 2023: AED 1,297 per sqft for 1,156 sqft. The unit has 3 registered sales; the first was AED 870,000 in October 2012.
What is the rent for unit 617?
AED 135,000 a year on the contract signed on 1 August 2024. The previous contract, from July 2023, was AED 99,000; the unit has been rented since August 2013.
How big is unit 617?
1,156 sqft (107.4 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower.
What is unit 617 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 617? 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.
Mortgage on 617, Al Arta 4
Starts from the last sale price (AED 1.5M, 20 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →