3-bed · 3,038 sqftAzalea Villas, Arabian Ranches 2 · completed 2019

V016, Azalea Villas

Sold prices and rental history: sold twice, last in July 2021, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V016 · DLD and Ejari recordsUpdated 28 July 2021
Last soldAED 3.2M28 July 2021
Current rentAED 138K /yr15 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V016, Azalea Villas

What is V016 worth today?

Last sold for AED 3,200,000 in 2021

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28 Jul 2021SoldReady
AED 3,200,000AED 1,053 per sqft
15 Jul 2021RentedRenewal
AED 137,500/yr12 months · AED 45 per sqft
15 Jul 2020RentedNew contract
AED 125,000/yr12 months · AED 41 per sqft
20 Sep 2015Sold by developerOff-plan
AED 3,476,888AED 1,144 per sqft

Source: Dubai Land Department. Updated 28 July 2021.

Key facts

Type
3-bed villa
Size
3,038 sqft
Developer
Emaar
Completed
2019
Service charge
AED 7,400 /yr
Last sold
AED 3.2M · July 2021
Community
Azalea Villas

About V016, Azalea Villas

V016 is a three-bedroom villa of 3,038 sqft in Azalea Villas, a villa community in Arabian Ranches 2 completed in 2019 by Emaar. It last sold on 28 July 2021 for AED 3,200,000, or AED 1,053 per sqft, in line with the AED 1,053 three-beds in the community were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 15 July 2021, is AED 137,500 a year: a gross yield of 4.3% on the 2021 price, before the service charge of about AED 7,400 a year.

Sales and rents for V016 over time

Sales
Villa V016, each saleTypical three-bed in Azalea Villas
3M4M5M2015201820212024Typical sale price by year: 2015 AED 3,497,388; 2016 AED 3,476,888; 2017 AED 3,547,888; 2018 AED 3,476,888; 2019 AED 3,476,888; 2021 AED 3,832,888; 2022 AED 3,741,000; 2023 AED 3,898,000; 2024 AED 4,524,703; 2025 AED 4,990,000Sold by developer, September 2015: AED 3,476,888 (AED 1,144 per sqft)Sold, July 2021: AED 3,200,000 (AED 1,053 per sqft)

V016 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V016, each contractTypical three-bed in Azalea Villas
200K2019202120232025Typical rent by year: 2019 AED 145,000; 2020 AED 135,000; 2021 AED 141,750; 2022 AED 150,000; 2023 AED 178,605; 2024 AED 255,000; 2025 AED 260,000New contract, July 2020: AED 125,000 a yearRenewal, July 2021: AED 137,500 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Azalea Villas, and where V016 sits

All 39 3-beds →

V016 last sold in July 2021 at AED 1,053 per sqft, in line with what three-beds in Azalea Villas were fetching at the time (AED 1,053). V016's AED 137,500 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
4 Sep 20254,870,000
26 May 20254,990,000
20 May 20255,500,000
22 Apr 20254,999,000
0 3-bed sales in the last 12 months

Azalea Villas

Community

106 villas, 3-bed to 5-bed in Arabian Ranches 2, completed in 2019 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 1,956
Typical sale
AED 6.43M
Typical rent
AED 293K /yr
Typical yield
4.6%
Azalea Villas, Arabian Ranches 2: prices, sales and rents →

V016, Azalea Villas in numbers

  • Sold twice: first on 20 September 2015 for AED 3,476,888, last on 28 July 2021 for AED 3,200,000 (AED 1,053 per sqft).
  • Rented since July 2020 on 2 Ejari contracts, from AED 125,000 to AED 137,500 a year.
  • At AED 137,500 a year the gross yield on the 2021 price is 4.3%, before a service charge of about AED 7,400 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 28 July 2021.

Questions about V016, Azalea Villas

What did villa V016 last sell for?

AED 3,200,000 on 28 July 2021: AED 1,053 per sqft for 3,038 sqft. The villa has 2 registered sales; the first was AED 3,476,888 in September 2015.

What is the rent for villa V016?

AED 137,500 a year on the contract renewed on 15 July 2021. The previous contract, from July 2020, was AED 125,000.

How big is villa V016?

3,038 sqft (282.2 sqm): a three-bedroom villa in Azalea Villas, completed in 2019.

What is villa V016 worth today?

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

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Mortgage on V016, Azalea Villas

Starts from the last sale price (AED 3.2M, 28 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →