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1-bed · 753 sqftAl Arta 4, The Greens · 7th floor

716, Al Arta 4

Sold prices and rental history: sold 3 times, last in February 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 1 February 2021
Last soldAED 635K1 February 2021
Current rentAED 60K /yr28 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 716, Al Arta 4

What is 716 worth today?

Last sold for AED 635,000 in 2021

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1 Feb 2021SoldReady
AED 635,000AED 843 per sqft
28 Feb 2020RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
1 Sep 2019RentedRenewal
AED 75,000/yr12 months · AED 100 per sqft
1 Sep 2018RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
10 May 2011Sold by developerReady
AED 500,000AED 664 per sqft
10 May 2011SoldReady
AED 500,000AED 664 per sqft

Source: Dubai Land Department. Updated 1 February 2021.

Key facts

Type
1-bed apartment
Size
753 sqft
Floor
7th of 7
Parking
214
Service charge
AED 11,600 /yr
Last sold
AED 635K · February 2021
Building
Al Arta 4

About 716, Al Arta 4

716 is a one-bedroom apartment of 753 sqft on the 7th floor of Al Arta 4, a 7-storey tower in The Greens. It last sold on 1 February 2021 for AED 635,000, or AED 843 per sqft, 7% above the AED 791 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 28 February 2020, is AED 60,000 a year: a gross yield of 9.4% on the 2021 price, before the service charge of about AED 11,600 a year.

Sales and rents for 716 over time

Sales
Unit 716, 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, May 2011: AED 500,000 (AED 664 per sqft)Sold, May 2011: AED 500,000 (AED 664 per sqft)Sold, February 2021: AED 635,000 (AED 843 per sqft)

716 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 716, 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, September 2018: AED 75,000 a yearRenewal, September 2019: AED 75,000 a yearNew contract, February 2020: AED 60,000 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 716 sits

All 73 1-beds →

716 last sold in February 2021 at AED 843 per sqft, 7% above what one-beds in Al Arta 4 were fetching at the time (AED 791). 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. 716's AED 60,000 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 7th floor

All 107 units in Al Arta 4
Value
7151-bedAED 800K · Jan 2024
7172-bedAED 592K · May 2011
7182-bedAED 684K · May 2009
7192-bedAED 1.25M · Sep 2021

716, Al Arta 4 in numbers

  • Sold 3 times: first on 10 May 2011 for AED 500,000, last on 1 February 2021 for AED 635,000 (AED 843 per sqft).
  • Rented since September 2018 on 3 Ejari contracts, from AED 75,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 9.4%, 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 February 2021.

Questions about 716, Al Arta 4

What did unit 716 last sell for?

AED 635,000 on 1 February 2021: AED 843 per sqft for 753 sqft. The unit has 3 registered sales; the first was AED 500,000 in May 2011.

What is the rent for unit 716?

AED 60,000 a year on the contract signed on 28 February 2020. The previous contract, from September 2019, was AED 75,000; the unit has been rented since September 2018.

How big is unit 716?

753 sqft (70.0 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower.

What is unit 716 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 716, Al Arta 4

Starts from the last sale price (AED 635K, 1 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 635,000
Deposit, UAE resident (20%)
AED 127,000
Deposit, non-resident (40%)
AED 254,000
Monthly over 25 years at 3.7%
AED 2,598

Plus AED 31,680 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →