3-bed · 3,191 sqftLila Villas, Arabian Ranches 2 · completed 2017

V005, Lila Villas

Sold prices and rental history: sold 3 times, last in November 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V005 · DLD and Ejari recordsUpdated 14 November 2019
Last soldAED 2.5M14 November 2019
Current rentAED 160K /yr23 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V005, Lila Villas

What is V005 worth today?

Last sold for AED 2,500,000 in 2019

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14 Nov 2019SoldReady
AED 2,500,000AED 783 per sqft
23 Oct 2017RentedNew contract
AED 160,000/yr12 months · AED 50 per sqft
20 Sep 2017RentedNew contract
AED 180,000/yr12 months · AED 56 per sqft
12 Apr 2016SoldOff-plan
AED 3,636,888AED 1,139 per sqft
3 Apr 2014Sold by developerOff-plan
AED 3,636,888AED 1,139 per sqft

Source: Dubai Land Department. Updated 14 November 2019.

Key facts

Type
3-bed villa
Size
3,191 sqft
Developer
Emaar
Completed
2017
Service charge
AED 7,800 /yr
Last sold
AED 2.5M · November 2019
Community
Lila Villas

About V005, Lila Villas

V005 is a three-bedroom villa of 3,191 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 14 November 2019 for AED 2,500,000, or AED 783 per sqft, 11% below the AED 882 three-beds in the community were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 23 October 2017, is AED 160,000 a year: a gross yield of 6.4% on the 2019 price, before the service charge of about AED 7,800 a year.

Sales and rents for V005 over time

Sales
Villa V005, each saleTypical three-bed in Lila Villas
2M4M6M20142017202020232026Typical sale price by year: 2014 AED 3,460,888; 2015 AED 3,438,888; 2017 AED 3,075,000; 2019 AED 2,500,000; 2020 AED 2,300,000; 2021 AED 2,990,000; 2022 AED 3,350,000; 2023 AED 3,900,000; 2024 AED 4,762,500; 2025 AED 5,750,000Sold by developer, April 2014: AED 3,636,888 (AED 1,139 per sqft)Sold, April 2016: AED 3,636,888 (AED 1,139 per sqft)Sold, November 2019: AED 2,500,000 (AED 783 per sqft)

V005 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V005, each contractTypical three-bed in Lila Villas
200K2017202020232026Typical rent by year: 2017 AED 157,500; 2018 AED 155,000; 2019 AED 154,556; 2020 AED 140,000; 2021 AED 140,000; 2022 AED 150,000; 2023 AED 195,274; 2024 AED 250,000; 2025 AED 245,000; 2026 AED 260,000New contract, September 2017: AED 180,000 a yearNew contract, October 2017: AED 160,000 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 Lila Villas, and where V005 sits

All 53 3-beds →

V005 last sold in November 2019 at AED 783 per sqft, 11% below what three-beds in Lila Villas were fetching at the time (AED 882). Over the last 12 months three-beds sold for AED 5,670,000 to 5,800,000, around AED 1,797 per sqft, and rent for AED 221,650 to 285,000 a year. V005's AED 160,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
12 Dec 20255,800,000
24 Nov 20255,670,000
23 Oct 20255,830,000
9 May 20255,600,000
2 3-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 →

V005, Lila Villas in numbers

  • Sold 3 times: first on 3 April 2014 for AED 3,636,888, last on 14 November 2019 for AED 2,500,000 (AED 783 per sqft).
  • Rented since September 2017 on 2 Ejari contracts, from AED 180,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2019 price is 6.4%, before a service charge of about AED 7,800 a year (AED 2.44 per sqft).
  • Three-beds in Lila Villas sold for AED 5,670,000–5,800,000 in the 12 months to November 2026; the community's median across all types is AED 1,851 per sqft.

Source: Dubai Land Department. Updated 14 November 2019.

Questions about V005, Lila Villas

What did villa V005 last sell for?

AED 2,500,000 on 14 November 2019: AED 783 per sqft for 3,191 sqft. The villa has 3 registered sales; the first was AED 3,636,888 in April 2014.

What is the rent for villa V005?

AED 160,000 a year on the contract signed on 23 October 2017. The previous contract, from September 2017, was AED 180,000.

How big is villa V005?

3,191 sqft (296.5 sqm): a three-bedroom villa in Lila Villas, completed in 2017.

What is villa V005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Lila Villas sold for AED 5,670,000 to 5,800,000 in the last 12 months, around AED 1,797 per sqft.

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Mortgage on V005, Lila Villas

Starts from the last sale price (AED 2.5M, 14 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →