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4-bed · 3,253 sqftLila Villas, Arabian Ranches 2 · completed 2017

V029, Lila Villas

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V029 · DLD and Ejari recordsUpdated 20 January 2024
Last soldAED 3.55M9 September 2021
Current rentAED 176K /yr20 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V029, Lila Villas

What is V029 worth today?

Last sold for AED 3,550,000 in 2021

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20 Jan 2024RentedRenewal
AED 176,400/yr12 months · AED 54 per sqft
20 Jan 2023RentedRenewal
AED 168,000/yr12 months · AED 52 per sqft
20 Jan 2022RentedNew contract
AED 160,000/yr12 months · AED 49 per sqft
9 Sep 2021SoldReady
AED 3,550,000AED 1,091 per sqft
20 Jan 2021RentedNew contract
AED 160,000/yr12 months · AED 49 per sqft
20 Nov 2018RentedRenewal
AED 160,000/yr12 months · AED 49 per sqft
20 Nov 2017RentedNew contract
AED 160,000/yr12 months · AED 49 per sqft
1 Apr 2014Sold by developerOff-plan
AED 3,638,888AED 1,118 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2024.

Key facts

Type
4-bed villa
Size
3,253 sqft
Developer
Emaar
Completed
2017
Service charge
AED 7,900 /yr
Last sold
AED 3.55M · September 2021
Community
Lila Villas

About V029, Lila Villas

V029 is a four-bedroom villa of 3,253 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 9 September 2021 for AED 3,550,000, or AED 1,091 per sqft, 32% above the AED 829 four-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 20 January 2024, is AED 176,400 a year: a gross yield of 5.0% on the 2021 price, before the service charge of about AED 7,900 a year.

Sales and rents for V029 over time

Sales
Villa V029, 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, April 2014: AED 3,638,888 (AED 1,118 per sqft)Sold, September 2021: AED 3,550,000 (AED 1,091 per sqft)

V029 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V029, 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, November 2017: AED 160,000 a yearRenewal, November 2018: AED 160,000 a yearNew contract, January 2021: AED 160,000 a yearNew contract, January 2022: AED 160,000 a yearRenewal, January 2023: AED 168,000 a yearRenewal, January 2024: AED 176,400 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 V029 sits

All 105 4-beds →

V029 last sold in September 2021 at AED 1,091 per sqft, 32% above what four-beds in Lila Villas were fetching at the time (AED 829). 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. V029's AED 176,400 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 →

V029, Lila Villas in numbers

  • Sold twice: first on 1 April 2014 for AED 3,638,888, last on 9 September 2021 for AED 3,550,000 (AED 1,091 per sqft).
  • Rented since November 2017 on 6 Ejari contracts, from AED 160,000 to AED 176,400 a year.
  • At AED 176,400 a year the gross yield on the 2021 price is 5.0%, before a service charge of about AED 7,900 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 20 January 2024.

Questions about V029, Lila Villas

What did villa V029 last sell for?

AED 3,550,000 on 9 September 2021: AED 1,091 per sqft for 3,253 sqft. The villa has 2 registered sales; the first was AED 3,638,888 in April 2014.

What is the rent for villa V029?

AED 176,400 a year on the contract renewed on 20 January 2024. The previous contract, from January 2023, was AED 168,000; the villa has been rented since November 2017.

How big is villa V029?

3,253 sqft (302.2 sqm): a four-bedroom villa in Lila Villas, completed in 2017.

What is villa V029 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 V029, Lila Villas

Starts from the last sale price (AED 3.55M, 9 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

Plus AED 154,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →