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

V024, Azalea Villas

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V024 · DLD and Ejari recordsUpdated 11 May 2023
Last soldAED 3.78M11 May 2023
Current rentAED 150K /yr10 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V024, Azalea Villas

What is V024 worth today?

Last sold for AED 3,775,000 in 2023

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11 May 2023SoldReady
AED 3,775,000AED 1,242 per sqft
10 Oct 2022RentedRenewal
AED 150,000/yr12 months · AED 49 per sqft
10 Oct 2021RentedRenewal
AED 150,000/yr12 months · AED 49 per sqft
10 Oct 2020RentedRenewal
AED 137,500/yr12 months · AED 45 per sqft
10 Oct 2019RentedNew contract
AED 150,000/yr12 months · AED 49 per sqft
18 Oct 2018Sold by developerOff-plan
AED 3,476,888AED 1,144 per sqft

Source: Dubai Land Department. Updated 11 May 2023.

Key facts

Type
3-bed villa
Size
3,038 sqft
Developer
Emaar
Completed
2019
Service charge
AED 7,400 /yr
Last sold
AED 3.78M · May 2023
Community
Azalea Villas

About V024, Azalea Villas

V024 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 11 May 2023 for AED 3,775,000, or AED 1,242 per sqft, in line with the AED 1,244 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 10 October 2022, is AED 150,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 7,400 a year.

Sales and rents for V024 over time

Sales
Villa V024, each saleTypical three-bed in Azalea Villas
4M5M2015201820212024Typical 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, October 2018: AED 3,476,888 (AED 1,144 per sqft)Sold, May 2023: AED 3,775,000 (AED 1,242 per sqft)

V024 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V024, 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, October 2019: AED 150,000 a yearRenewal, October 2020: AED 137,500 a yearRenewal, October 2021: AED 150,000 a yearRenewal, October 2022: AED 150,000 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 V024 sits

All 39 3-beds →

V024 last sold in May 2023 at AED 1,242 per sqft, in line with what three-beds in Azalea Villas were fetching at the time (AED 1,244). V024's AED 150,000 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 →

V024, Azalea Villas in numbers

  • Sold twice: first on 18 October 2018 for AED 3,476,888, last on 11 May 2023 for AED 3,775,000 (AED 1,242 per sqft).
  • Rented since October 2019 on 4 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 7,400 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 11 May 2023.

Questions about V024, Azalea Villas

What did villa V024 last sell for?

AED 3,775,000 on 11 May 2023: AED 1,242 per sqft for 3,038 sqft. The villa has 2 registered sales; the first was AED 3,476,888 in October 2018.

What is the rent for villa V024?

AED 150,000 a year on the contract renewed on 10 October 2022. The previous contract, from October 2021, was AED 150,000; the villa has been rented since October 2019.

How big is villa V024?

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

What is villa V024 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 V024, Azalea Villas

Starts from the last sale price (AED 3.78M, 11 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,775,000
Deposit, UAE resident (20%)
AED 755,000
Deposit, non-resident (40%)
AED 1,510,000
Monthly over 25 years at 3.7%
AED 15,445

Plus AED 163,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →