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3-bed · 3,248 sqftCasa Villas, Arabian Ranches 2 · completed 2014

V124, Casa Villas

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V124 · DLD and Ejari recordsUpdated 6 June 2023
Last soldAED 3.19M7 January 2014
Current rentAED 165K /yr6 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V124, Casa Villas

What is V124 worth today?

Last sold for AED 3,192,888 in 2014

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6 Jun 2023RentedRenewal
AED 165,000/yr12 months · AED 51 per sqft
6 Jun 2022RentedRenewal
AED 165,000/yr12 months · AED 51 per sqft
1 Jun 2020RentedRenewal
AED 145,000/yr12 months · AED 45 per sqft
1 Jun 2019RentedNew contract
AED 145,000/yr12 months · AED 45 per sqft
1 Aug 2018RentedNew contract
AED 155,000/yr12 months · AED 48 per sqft
1 Jun 2017RentedRenewal
AED 191,100/yr12 months · AED 59 per sqft
1 Jun 2016RentedRenewal
AED 191,100/yr12 months · AED 59 per sqft
1 Jun 2015RentedNew contract
AED 182,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 6 June 2023.

Key facts

Type
3-bed villa
Size
3,248 sqft
Developer
Emaar
Completed
2014
Service charge
AED 7,900 /yr
Last sold
AED 3.19M · January 2014
Community
Casa Villas

About V124, Casa Villas

V124 is a three-bedroom villa of 3,248 sqft in Casa Villas, a villa community in Arabian Ranches 2 completed in 2014 by Emaar. The developer sold it on 7 January 2014 for AED 3,192,888, or AED 982 per sqft, 7% below the AED 1,056 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 6 June 2023, is AED 165,000 a year: a gross yield of 5.2% on the 2014 price, before the service charge of about AED 7,900 a year.

Sales and rents for V124 over time

Sales
Villa V124, each saleTypical three-bed in Casa Villas
2M4M2013201720212025Typical sale price by year: 2013 AED 3,311,888; 2014 AED 3,278,888; 2015 AED 3,345,888; 2016 AED 3,250,000; 2017 AED 3,175,000; 2019 AED 2,525,000; 2020 AED 2,450,000; 2021 AED 3,000,000; 2022 AED 3,150,000; 2023 AED 3,920,000; 2024 AED 4,540,000; 2025 AED 5,450,000Sold by developer, January 2014: AED 3,192,888 (AED 982 per sqft)

V124 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V124, each contractTypical three-bed in Casa Villas
200K2015201820212024Typical rent by year: 2015 AED 195,000; 2016 AED 199,465; 2017 AED 185,000; 2018 AED 160,000; 2019 AED 152,500; 2020 AED 137,000; 2021 AED 145,000; 2022 AED 170,000; 2023 AED 187,500; 2024 AED 220,000; 2025 AED 267,500New contract, June 2015: AED 182,000 a yearRenewal, June 2016: AED 191,100 a yearRenewal, June 2017: AED 191,100 a yearNew contract, August 2018: AED 155,000 a yearNew contract, June 2019: AED 145,000 a yearRenewal, June 2020: AED 145,000 a yearRenewal, June 2022: AED 165,000 a yearRenewal, June 2023: AED 165,000 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 Casa Villas, and where V124 sits

All 75 3-beds →

V124 last sold in January 2014 at AED 982 per sqft, 7% below what three-beds in Casa Villas were fetching at the time (AED 1,056). Over the last 12 months three-beds sold for AED 5,300,000 to 5,500,000, around AED 1,731 per sqft, and rent for AED 220,000 to 280,000 a year. V124's AED 165,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
29 Dec 20255,500,000
15 Dec 20255,300,000
5 Dec 20255,400,000
18 Nov 20255,450,000
4 3-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 →

V124, Casa Villas in numbers

  • Sold once: by Emaar on 7 January 2014 for AED 3,192,888, or AED 982 per sqft.
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 182,000 to AED 145,000 in 2020 and recovered to AED 165,000 by June 2023.
  • At AED 165,000 a year the gross yield on the 2014 price is 5.2%, before a service charge of about AED 7,900 a year (AED 2.44 per sqft).
  • Three-beds in Casa Villas sold for AED 5,300,000–5,500,000 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 6 June 2023.

Questions about V124, Casa Villas

What did villa V124 last sell for?

AED 3,192,888 on 7 January 2014, sold by the developer: AED 982 per sqft for 3,248 sqft. It is the only registered sale of the villa.

What is the rent for villa V124?

AED 165,000 a year on the contract renewed on 6 June 2023. The previous contract, from June 2022, was AED 165,000; the villa has been rented since June 2015.

How big is villa V124?

3,248 sqft (301.7 sqm): a three-bedroom villa in Casa Villas, completed in 2014.

What is villa V124 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Casa Villas sold for AED 5,300,000 to 5,500,000 in the last 12 months, around AED 1,731 per sqft.

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Mortgage on V124, Casa Villas

Starts from the last sale price (AED 3.19M, 7 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,192,888
Deposit, UAE resident (20%)
AED 638,578
Deposit, non-resident (40%)
AED 1,277,155
Monthly over 25 years at 3.7%
AED 13,063

Plus AED 139,112 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →