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4-bed · 3,675 sqftLila Villas, Arabian Ranches 2 · completed 2017

V002, Lila Villas

Sold prices and rental history: sold twice, last in November 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V002 · DLD and Ejari recordsUpdated 4 November 2021
Last soldAED 3.65M4 November 2021
Current rentAED 170K /yr1 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V002, Lila Villas

What is V002 worth today?

Last sold for AED 3,650,000 in 2021

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4 Nov 2021SoldReady
AED 3,650,000AED 993 per sqft
1 May 2019RentedRenewal
AED 170,000/yr12 months · AED 46 per sqft
1 May 2018RentedNew contract
AED 185,000/yr12 months · AED 50 per sqft
2 Jul 2017Sold by developerOff-plan
AED 4,405,888AED 1,198 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 November 2021.

Key facts

Type
4-bed villa
Size
3,675 sqft
Developer
Emaar
Completed
2017
Service charge
AED 9,000 /yr
Last sold
AED 3.65M · November 2021
Community
Lila Villas

About V002, Lila Villas

V002 is a four-bedroom villa of 3,675 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 4 November 2021 for AED 3,650,000, or AED 993 per sqft, 3% below the AED 1,027 four-beds in the community were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 1 May 2019, is AED 170,000 a year: a gross yield of 4.7% on the 2021 price, before the service charge of about AED 9,000 a year.

Sales and rents for V002 over time

Sales
Villa V002, each saleTypical four-bed in Lila Villas
4M6M20142017202020232026Typical sale price by year: 2014 AED 3,830,888; 2015 AED 3,849,888; 2016 AED 3,150,000; 2017 AED 3,830,888; 2018 AED 3,970,888; 2019 AED 2,900,000; 2020 AED 2,775,000; 2021 AED 3,550,000; 2022 AED 3,975,000; 2023 AED 4,200,000; 2024 AED 5,325,000; 2025 AED 6,200,000Sold by developer, July 2017: AED 4,405,888 (AED 1,198 per sqft)Sold, November 2021: AED 3,650,000 (AED 993 per sqft)

V002 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V002, each contractTypical four-bed in Lila Villas
200K300K2017202020232026Typical rent by year: 2017 AED 171,250; 2018 AED 162,000; 2019 AED 160,000; 2020 AED 152,000; 2021 AED 159,500; 2022 AED 186,000; 2023 AED 225,000; 2024 AED 280,000; 2025 AED 310,000; 2026 AED 320,000New contract, May 2018: AED 185,000 a yearRenewal, May 2019: AED 170,000 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 Lila Villas, and where V002 sits

All 105 4-beds →

V002 last sold in November 2021 at AED 993 per sqft, 3% below what four-beds in Lila Villas were fetching at the time (AED 1,027). Over the last 12 months four-beds sold for AED 6,600,000 to 6,650,000, around AED 2,035 per sqft, and rent for AED 231,000 to 355,000 a year. V002's AED 170,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
15 Jan 20266,650,000
21 Nov 20256,600,000
28 Oct 20256,682,500
18 Aug 20257,650,000
2 4-bed sales in the last 12 months

Lila Villas

Community

219 villas, 3-bed to 5-bed in Arabian Ranches 2, completed in 2017 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 1,851
Typical sale
AED 6.63M
Typical rent
AED 315K /yr
Typical yield
4.9%
Lila Villas, Arabian Ranches 2: prices, sales and rents →

V002, Lila Villas in numbers

  • Sold twice: first on 2 July 2017 for AED 4,405,888, last on 4 November 2021 for AED 3,650,000 (AED 993 per sqft).
  • Rented since May 2018 on 2 Ejari contracts, from AED 185,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2021 price is 4.7%, before a service charge of about AED 9,000 a year (AED 2.44 per sqft).
  • Four-beds in Lila Villas sold for AED 6,600,000–6,650,000 in the 12 months to November 2026; the community's median across all types is AED 1,851 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 November 2021.

Questions about V002, Lila Villas

What did villa V002 last sell for?

AED 3,650,000 on 4 November 2021: AED 993 per sqft for 3,675 sqft. The villa has 2 registered sales; the first was AED 4,405,888 in July 2017.

What is the rent for villa V002?

AED 170,000 a year on the contract renewed on 1 May 2019. The previous contract, from May 2018, was AED 185,000.

How big is villa V002?

3,675 sqft (341.4 sqm): a four-bedroom villa in Lila Villas, completed in 2017.

What is villa V002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Lila Villas sold for AED 6,600,000 to 6,650,000 in the last 12 months, around AED 2,035 per sqft.

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Mortgage on V002, Lila Villas

Starts from the last sale price (AED 3.65M, 4 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

Plus AED 158,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →