Home
Dubai prices
About
Research
4-bed · 3,258 sqftLila Villas, Arabian Ranches 2 · completed 2017

V040, Lila Villas

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

Villa V040 · DLD and Ejari recordsUpdated 25 April 2022
Last soldAED 3M1 February 2021
Current rentAED 230K /yr25 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow V040

Property timeline for V040, Lila Villas

What is V040 worth today?

Last sold for AED 3,000,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Apr 2022RentedNew contract
AED 230,000/yr12 months · AED 71 per sqft
21 Mar 2021RentedNew contract
AED 145,000/yr12 months · AED 45 per sqft
1 Feb 2021SoldReady
AED 3,000,000AED 920 per sqft
22 Mar 2020RentedNew contract
AED 145,000/yr12 months · AED 45 per sqft
15 Jun 2019RentedRenewal
AED 160,000/yr12 months · AED 49 per sqft
15 Jun 2018RentedNew contract
AED 160,000/yr12 months · AED 49 per sqft
12 Nov 2017RentedNew contract
AED 175,000/yr12 months · AED 54 per sqft
1 Apr 2014Sold by developerOff-plan
AED 3,638,888AED 1,116 per sqft

Source: Dubai Land Department. Updated 25 April 2022.

Key facts

Type
4-bed villa
Size
3,258 sqft
Developer
Emaar
Completed
2017
Service charge
AED 7,900 /yr
Last sold
AED 3M · February 2021
Community
Lila Villas

About V040, Lila Villas

V040 is a four-bedroom villa of 3,258 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 1 February 2021 for AED 3,000,000, or AED 920 per sqft, 5% above the AED 875 four-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 25 April 2022, is AED 230,000 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 7,900 a year.

Sales and rents for V040 over time

Sales
Villa V040, 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 1,116 per sqft)Sold, February 2021: AED 3,000,000 (AED 920 per sqft)

V040 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V040, 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 175,000 a yearNew contract, June 2018: AED 160,000 a yearRenewal, June 2019: AED 160,000 a yearNew contract, March 2020: AED 145,000 a yearNew contract, March 2021: AED 145,000 a yearNew contract, April 2022: AED 230,000 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 V040 sits

All 105 4-beds →

V040 last sold in February 2021 at AED 920 per sqft, 5% above what four-beds in Lila Villas were fetching at the time (AED 875). 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. V040's AED 230,000 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 →

V040, Lila Villas in numbers

  • Sold twice: first on 1 April 2014 for AED 3,638,888, last on 1 February 2021 for AED 3,000,000 (AED 920 per sqft).
  • Rented since November 2017 on 6 Ejari contracts. The rent fell from AED 175,000 to AED 145,000 in 2021 and recovered to AED 230,000 by April 2022.
  • At AED 230,000 a year the gross yield on the 2021 price is 7.7%, 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: Dubai Land Department. Updated 25 April 2022.

Questions about V040, Lila Villas

What did villa V040 last sell for?

AED 3,000,000 on 1 February 2021: AED 920 per sqft for 3,258 sqft. The villa has 2 registered sales; the first was AED 3,638,888 in April 2014.

What is the rent for villa V040?

AED 230,000 a year on the contract signed on 25 April 2022. The previous contract, from March 2021, was AED 145,000; the villa has been rented since November 2017.

How big is villa V040?

3,258 sqft (302.7 sqm): a four-bedroom villa in Lila Villas, completed in 2017.

What is villa V040 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.

Selling V040? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V040, Lila Villas

Starts from the last sale price (AED 3M, 1 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →