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

V031, Azalea Villas

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V031 · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 4.58M5 July 2024
Current rentAED 154K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V031, Azalea Villas

What is V031 worth today?

Last sold for AED 4,575,000 in 2024

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5 Jul 2024SoldReady
AED 4,575,000AED 1,416 per sqft
15 Nov 2023RentedRenewal
AED 154,000/yr12 months · AED 48 per sqft
15 Nov 2022RentedRenewal
AED 154,000/yr12 months · AED 48 per sqft
15 Nov 2020RentedRenewal
AED 140,000/yr12 months · AED 43 per sqft
15 Nov 2019RentedNew contract
AED 140,000/yr12 months · AED 43 per sqft
5 Nov 2018Sold by developerOff-plan
AED 3,803,888AED 1,177 per sqft

Source: Dubai Land Department. Updated 5 July 2024.

Key facts

Type
4-bed villa
Size
3,230 sqft
Developer
Emaar
Completed
2019
Service charge
AED 7,900 /yr
Last sold
AED 4.58M · July 2024
Community
Azalea Villas

About V031, Azalea Villas

V031 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 5 July 2024 for AED 4,575,000, or AED 1,416 per sqft, 8% below the AED 1,547 four-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 15 November 2023, is AED 154,000 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 7,900 a year.

Sales and rents for V031 over time

Sales
Villa V031, 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, November 2018: AED 3,803,888 (AED 1,177 per sqft)Sold, July 2024: AED 4,575,000 (AED 1,416 per sqft)

V031 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V031, 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, November 2019: AED 140,000 a yearRenewal, November 2020: AED 140,000 a yearRenewal, November 2022: AED 154,000 a yearRenewal, November 2023: AED 154,000 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 V031 sits

All 62 4-beds →

V031 last sold in July 2024 at AED 1,416 per sqft, 8% below what four-beds in Azalea Villas were fetching at the time (AED 1,547). 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. V031's AED 154,000 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 →

V031, Azalea Villas in numbers

  • Sold twice: first on 5 November 2018 for AED 3,803,888, last on 5 July 2024 for AED 4,575,000 (AED 1,416 per sqft).
  • Rented since November 2019 on 4 Ejari contracts, from AED 140,000 to AED 154,000 a year.
  • At AED 154,000 a year the gross yield on the 2024 price is 3.4%, 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 5 July 2024.

Questions about V031, Azalea Villas

What did villa V031 last sell for?

AED 4,575,000 on 5 July 2024: AED 1,416 per sqft for 3,230 sqft. The villa has 2 registered sales; the first was AED 3,803,888 in November 2018.

What is the rent for villa V031?

AED 154,000 a year on the contract renewed on 15 November 2023. The previous contract, from November 2022, was AED 154,000; the villa has been rented since November 2019.

How big is villa V031?

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

What is villa V031 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 V031, Azalea Villas

Starts from the last sale price (AED 4.58M, 5 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,575,000
Deposit, UAE resident (20%)
AED 915,000
Deposit, non-resident (40%)
AED 1,830,000
Monthly over 25 years at 3.7%
AED 18,718

Plus AED 197,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →