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4-bed · 3,230 sqftAzalea Villas, Arabian Ranches 2 · completed 2019

V017, Azalea Villas

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V017 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 3.88M15 June 2023
Current rentAED 225K /yr21 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V017, Azalea Villas

What is V017 worth today?

Last sold for AED 3,875,000 in 2023

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21 Oct 2024RentedRenewal
AED 225,000/yr12 months · AED 70 per sqft
21 Jun 2023RentedNew contract
AED 170,250/yr4 months · AED 53 per sqft
15 Jun 2023SoldReady
AED 3,875,000AED 1,199 per sqft
21 Jun 2022RentedRenewal
AED 161,700/yr12 months · AED 50 per sqft
21 Jun 2021RentedRenewal
AED 154,000/yr12 months · AED 48 per sqft
21 Jun 2020RentedNew contract
AED 140,000/yr12 months · AED 43 per sqft
7 Feb 2019Sold by developerOff-plan
AED 3,803,888AED 1,177 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
4-bed villa
Size
3,230 sqft
Developer
Emaar
Completed
2019
Service charge
AED 7,900 /yr
Last sold
AED 3.88M · June 2023
Community
Azalea Villas

About V017, Azalea Villas

V017 is a four-bedroom villa of 3,230 sqft in Azalea Villas, a villa community in Arabian Ranches 2 completed in 2019 by Emaar. It last sold on 15 June 2023 for AED 3,875,000, or AED 1,199 per sqft, 8% below the AED 1,300 four-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 21 October 2024, is AED 225,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 7,900 a year.

Sales and rents for V017 over time

Sales
Villa V017, each saleTypical four-bed in Azalea Villas
4M5M2015201820212024Typical sale price by year: 2015 AED 3,835,888; 2016 AED 3,873,388; 2017 AED 4,027,888; 2018 AED 3,941,388; 2019 AED 3,841,888; 2020 AED 4,058,888; 2021 AED 3,750,000; 2022 AED 4,063,944; 2023 AED 4,300,000; 2024 AED 4,999,500; 2025 AED 5,575,000Sold by developer, February 2019: AED 3,803,888 (AED 1,177 per sqft)Sold, June 2023: AED 3,875,000 (AED 1,199 per sqft)

V017 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V017, each contractTypical four-bed in Azalea Villas
200K300K2019202120232025Typical rent by year: 2019 AED 150,000; 2020 AED 140,000; 2021 AED 160,000; 2022 AED 174,000; 2023 AED 210,000; 2024 AED 285,000; 2025 AED 300,000New contract, June 2020: AED 140,000 a yearRenewal, June 2021: AED 154,000 a yearRenewal, June 2022: AED 161,700 a yearNew contract, June 2023: AED 170,250 a yearRenewal, October 2024: AED 225,000 a year

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

4-beds in Azalea Villas, and where V017 sits

All 62 4-beds →

V017 last sold in June 2023 at AED 1,199 per sqft, 8% below what four-beds in Azalea Villas were fetching at the time (AED 1,300). Over the last 12 months four-beds sold for AED 6,400,000 to 6,450,000, around AED 1,956 per sqft, and rent for AED 226,985 to 320,000 a year. V017's AED 225,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
12 Feb 20266,400,000
16 Jan 20266,450,000
1 Sep 20255,400,000
12 Aug 20256,000,000
2 4-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 →

V017, Azalea Villas in numbers

  • Sold twice: first on 7 February 2019 for AED 3,803,888, last on 15 June 2023 for AED 3,875,000 (AED 1,199 per sqft).
  • Rented since June 2020 on 5 Ejari contracts, from AED 140,000 to AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 7,900 a year (AED 2.44 per sqft).
  • Four-beds in Azalea Villas sold for AED 6,400,000–6,450,000 in the 12 months to November 2026; the community's median across all types is AED 1,956 per sqft.

Source: Dubai Land Department. Updated 21 October 2024.

Questions about V017, Azalea Villas

What did villa V017 last sell for?

AED 3,875,000 on 15 June 2023: AED 1,199 per sqft for 3,230 sqft. The villa has 2 registered sales; the first was AED 3,803,888 in February 2019.

What is the rent for villa V017?

AED 225,000 a year on the contract renewed on 21 October 2024. The previous contract, from June 2023, was AED 170,250; the villa has been rented since June 2020.

How big is villa V017?

3,230 sqft (300.1 sqm): a four-bedroom villa in Azalea Villas, completed in 2019.

What is villa V017 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Azalea Villas sold for AED 6,400,000 to 6,450,000 in the last 12 months, around AED 1,956 per sqft.

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Mortgage on V017, Azalea Villas

Starts from the last sale price (AED 3.88M, 15 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,875,000
Deposit, UAE resident (20%)
AED 775,000
Deposit, non-resident (40%)
AED 1,550,000
Monthly over 25 years at 3.7%
AED 15,854

Plus AED 167,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →