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4-bed · 3,671 sqftLila Villas, Arabian Ranches 2 · completed 2017

V003, Lila Villas

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V003 · DLD and Ejari recordsUpdated 29 April 2024
Last soldAED 5.35M29 April 2024
Current rentAED 160K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V003, Lila Villas

What is V003 worth today?

Last sold for AED 5,350,000 in 2024

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29 Apr 2024SoldReady
AED 5,350,000AED 1,457 per sqft
1 Jul 2023RentedNew contract
AED 160,471/yr11 months · AED 44 per sqft
15 Mar 2023SoldReady
AED 4,600,000AED 1,252 per sqft
1 Jul 2022RentedRenewal
AED 160,000/yr12 months · AED 44 per sqft
1 Jul 2021RentedNew contract
AED 160,000/yr12 months · AED 44 per sqft
1 Jun 2020RentedRenewal
AED 150,000/yr13 months · AED 41 per sqft
1 Jun 2019RentedNew contract
AED 150,000/yr12 months · AED 41 per sqft
3 Mar 2019Sold by developerReady
AED 4,405,888AED 1,200 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 April 2024.

Key facts

Type
4-bed villa
Size
3,671 sqft
Developer
Emaar
Completed
2017
Service charge
AED 9,000 /yr
Last sold
AED 5.35M · April 2024
Community
Lila Villas

About V003, Lila Villas

V003 is a four-bedroom villa of 3,671 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 29 April 2024 for AED 5,350,000, or AED 1,457 per sqft, 14% above the AED 1,282 four-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 July 2023, is AED 160,471 a year: a gross yield of 3.0% on the 2024 price, before the service charge of about AED 9,000 a year.

Sales and rents for V003 over time

Sales
Villa V003, 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, March 2019: AED 4,405,888 (AED 1,200 per sqft)Sold, March 2023: AED 4,600,000 (AED 1,252 per sqft)Sold, April 2024: AED 5,350,000 (AED 1,457 per sqft)

V003 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V003, 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, June 2019: AED 150,000 a yearRenewal, June 2020: AED 150,000 a yearNew contract, July 2021: AED 160,000 a yearRenewal, July 2022: AED 160,000 a yearNew contract, July 2023: AED 160,471 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 V003 sits

All 105 4-beds →

V003 last sold in April 2024 at AED 1,457 per sqft, 14% above what four-beds in Lila Villas were fetching at the time (AED 1,282). 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. V003's AED 160,471 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 →

V003, Lila Villas in numbers

  • Sold 3 times: first on 3 March 2019 for AED 4,405,888, last on 29 April 2024 for AED 5,350,000 (AED 1,457 per sqft).
  • Rented since June 2019 on 5 Ejari contracts, from AED 150,000 to AED 160,471 a year.
  • At AED 160,471 a year the gross yield on the 2024 price is 3.0%, 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 29 April 2024.

Questions about V003, Lila Villas

What did villa V003 last sell for?

AED 5,350,000 on 29 April 2024: AED 1,457 per sqft for 3,671 sqft. The villa has 3 registered sales; the first was AED 4,405,888 in March 2019.

What is the rent for villa V003?

AED 160,471 a year on the contract signed on 1 July 2023. The previous contract, from July 2022, was AED 160,000; the villa has been rented since June 2019.

How big is villa V003?

3,671 sqft (341.0 sqm): a four-bedroom villa in Lila Villas, completed in 2017.

What is villa V003 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 V003, Lila Villas

Starts from the last sale price (AED 5.35M, 29 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,350,000
Deposit, UAE resident (20%)
AED 1,070,000
Deposit, non-resident (40%)
AED 2,140,000
Monthly over 25 years at 3.7%
AED 21,889

Plus AED 229,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →