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4-bed · 3,247 sqftCasa Villas, Arabian Ranches 2 · completed 2014

V023, Casa Villas

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V023 · DLD and Ejari recordsUpdated 9 August 2022
Last soldAED 3.97M9 August 2022
Current rentAED 162K /yr11 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V023, Casa Villas

What is V023 worth today?

Last sold for AED 3,970,000 in 2022

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9 Aug 2022SoldReady
AED 3,970,000AED 1,222 per sqft
11 May 2021RentedRenewal
AED 162,000/yr12 months · AED 50 per sqft
10 May 2019RentedRenewal
AED 174,531/yr12 months · AED 54 per sqft
10 May 2018RentedRenewal
AED 175,000/yr12 months · AED 54 per sqft
10 May 2016RentedRenewal
AED 225,000/yr12 months · AED 69 per sqft
29 Apr 2015Sold by developerReady
AED 3,718,888AED 1,145 per sqft

Source: Dubai Land Department. Updated 9 August 2022.

Key facts

Type
4-bed villa
Size
3,247 sqft
Developer
Emaar
Completed
2014
Service charge
AED 7,900 /yr
Last sold
AED 3.97M · August 2022
Community
Casa Villas

About V023, Casa Villas

V023 is a four-bedroom villa of 3,247 sqft in Casa Villas, a villa community in Arabian Ranches 2 completed in 2014 by Emaar. It last sold on 9 August 2022 for AED 3,970,000, or AED 1,222 per sqft, 8% above the AED 1,127 four-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 11 May 2021, is AED 162,000 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 7,900 a year.

Sales and rents for V023 over time

Sales
Villa V023, each saleTypical four-bed in Casa Villas
2M4M6M2013201720212025Typical sale price by year: 2013 AED 3,938,388; 2014 AED 3,787,888; 2015 AED 3,812,888; 2016 AED 3,924,888; 2017 AED 3,850,000; 2018 AED 3,000,000; 2019 AED 2,550,000; 2020 AED 2,700,000; 2021 AED 3,325,000; 2022 AED 3,960,000; 2023 AED 4,600,000; 2024 AED 4,950,000; 2025 AED 6,275,000Sold by developer, April 2015: AED 3,718,888 (AED 1,145 per sqft)Sold, August 2022: AED 3,970,000 (AED 1,222 per sqft)

V023 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V023, each contractTypical four-bed in Casa Villas
200K300K20152018202120242027Typical rent by year: 2015 AED 215,000; 2016 AED 220,000; 2017 AED 210,000; 2018 AED 180,000; 2019 AED 175,000; 2020 AED 155,000; 2021 AED 162,625; 2022 AED 182,626; 2023 AED 240,000; 2024 AED 280,000; 2025 AED 300,000; 2026 AED 310,000Renewal, May 2016: AED 225,000 a yearRenewal, May 2018: AED 175,000 a yearRenewal, May 2019: AED 174,531 a yearRenewal, May 2021: AED 162,000 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 Casa Villas, and where V023 sits

All 177 4-beds →

V023 last sold in August 2022 at AED 1,222 per sqft, 8% above what four-beds in Casa Villas were fetching at the time (AED 1,127). Over the last 12 months four-beds sold for AED 6,350,000 to 7,400,000, around AED 1,899 per sqft, and rent for AED 200,000 to 380,000 a year. V023's AED 162,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
30 Jan 20266,350,000
27 Dec 20256,925,000
27 Nov 20257,400,000
13 Nov 20256,350,000
4 4-bed sales in the last 12 months

Casa Villas

Community

253 villas, 3-bed to 6-bed in Arabian Ranches 2, completed in 2014 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 1,755
Typical sale
AED 5.93M
Typical rent
AED 300K /yr
Typical yield
5.2%
Casa Villas, Arabian Ranches 2: prices, sales and rents →

V023, Casa Villas in numbers

  • Sold twice: first on 29 April 2015 for AED 3,718,888, last on 9 August 2022 for AED 3,970,000 (AED 1,222 per sqft).
  • Rented since May 2016 on 4 Ejari contracts, from AED 225,000 to AED 162,000 a year.
  • At AED 162,000 a year the gross yield on the 2022 price is 4.1%, before a service charge of about AED 7,900 a year (AED 2.44 per sqft).
  • Four-beds in Casa Villas sold for AED 6,350,000–7,400,000 in the 12 months to November 2026; the community's median across all types is AED 1,755 per sqft.

Source: Dubai Land Department. Updated 9 August 2022.

Questions about V023, Casa Villas

What did villa V023 last sell for?

AED 3,970,000 on 9 August 2022: AED 1,222 per sqft for 3,247 sqft. The villa has 2 registered sales; the first was AED 3,718,888 in April 2015.

What is the rent for villa V023?

AED 162,000 a year on the contract renewed on 11 May 2021. The previous contract, from May 2019, was AED 174,531; the villa has been rented since May 2016.

How big is villa V023?

3,247 sqft (301.7 sqm): a four-bedroom villa in Casa Villas, completed in 2014.

What is villa V023 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Casa Villas sold for AED 6,350,000 to 7,400,000 in the last 12 months, around AED 1,899 per sqft.

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Mortgage on V023, Casa Villas

Starts from the last sale price (AED 3.97M, 9 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,970,000
Deposit, UAE resident (20%)
AED 794,000
Deposit, non-resident (40%)
AED 1,588,000
Monthly over 25 years at 3.7%
AED 16,243

Plus AED 171,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →