5-bed · 3,706 sqftLila Villas, Arabian Ranches 2 · completed 2017

V046, Lila Villas

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V046 · DLD and Ejari recordsUpdated 6 June 2024
Last soldAED 5.8M6 June 2024
Current rentAED 290K /yr12 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V046, Lila Villas

What is V046 worth today?

Last sold for AED 5,800,000 in 2024

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6 Jun 2024SoldReady
AED 5,800,000AED 1,565 per sqft
12 Sep 2023RentedRenewal
AED 290,000/yr12 months · AED 78 per sqft
12 Sep 2022RentedNew contract
AED 290,000/yr12 months · AED 78 per sqft
11 Nov 2021RentedNew contract
AED 250,000/yr12 months · AED 67 per sqft
25 Aug 2020RentedNew contract
AED 160,000/yr13 months · AED 43 per sqft
12 Jul 2019RentedNew contract
AED 180,000/yr12 months · AED 49 per sqft
12 Jun 2018RentedNew contract
AED 170,000/yr12 months · AED 46 per sqft
1 Apr 2014Sold by developerOff-plan
AED 4,510,888AED 1,217 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 June 2024.

Key facts

Type
5-bed villa
Size
3,706 sqft
Developer
Emaar
Completed
2017
Service charge
AED 9,000 /yr
Last sold
AED 5.8M · June 2024
Community
Lila Villas

About V046, Lila Villas

V046 is a five-bedroom villa of 3,706 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 6 June 2024 for AED 5,800,000, or AED 1,565 per sqft, 24% above the AED 1,263 five-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 12 September 2023, is AED 290,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 9,000 a year.

Sales and rents for V046 over time

Sales
Villa V046, each saleTypical five-bed in Lila Villas
4M6M2014201720202023Typical sale price by year: 2014 AED 4,497,388; 2018 AED 3,525,000; 2019 AED 4,631,388; 2020 AED 4,439,888; 2022 AED 4,737,500; 2023 AED 4,650,000; 2024 AED 5,662,500Sold by developer, April 2014: AED 4,510,888 (AED 1,217 per sqft)Sold, June 2024: AED 5,800,000 (AED 1,565 per sqft)

V046 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V046, each contractTypical five-bed in Lila Villas
200K300K2017202020232026Typical rent by year: 2017 AED 180,000; 2018 AED 175,000; 2019 AED 175,000; 2020 AED 165,000; 2021 AED 170,000; 2022 AED 190,000; 2023 AED 270,000; 2024 AED 320,000; 2025 AED 340,000; 2026 AED 355,000New contract, June 2018: AED 170,000 a yearNew contract, July 2019: AED 180,000 a yearNew contract, August 2020: AED 160,000 a yearNew contract, November 2021: AED 250,000 a yearNew contract, September 2022: AED 290,000 a yearRenewal, September 2023: AED 290,000 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.

5-beds in Lila Villas, and where V046 sits

All 61 5-beds →

V046 last sold in June 2024 at AED 1,565 per sqft, 24% above what five-beds in Lila Villas were fetching at the time (AED 1,263). Over the last 12 months five-beds sold for AED 7,166,898 to 7,200,000, around AED 1,851 per sqft, and rent for AED 299,169 to 390,000 a year. V046's AED 290,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
20 Jan 20267,200,000
7 Jan 20267,166,898
30 May 20257,050,000
18 Nov 20246,900,000
2 5-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 →

V046, Lila Villas in numbers

  • Sold twice: first on 1 April 2014 for AED 4,510,888, last on 6 June 2024 for AED 5,800,000 (AED 1,565 per sqft).
  • Rented since June 2018 on 6 Ejari contracts, from AED 170,000 to AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 9,000 a year (AED 2.44 per sqft).
  • Five-beds in Lila Villas sold for AED 7,166,898–7,200,000 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 6 June 2024.

Questions about V046, Lila Villas

What did villa V046 last sell for?

AED 5,800,000 on 6 June 2024: AED 1,565 per sqft for 3,706 sqft. The villa has 2 registered sales; the first was AED 4,510,888 in April 2014.

What is the rent for villa V046?

AED 290,000 a year on the contract renewed on 12 September 2023. The previous contract, from September 2022, was AED 290,000; the villa has been rented since June 2018.

How big is villa V046?

3,706 sqft (344.3 sqm): a five-bedroom villa in Lila Villas, completed in 2017.

What is villa V046 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Lila Villas sold for AED 7,166,898 to 7,200,000 in the last 12 months, around AED 1,851 per sqft.

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Mortgage on V046, Lila Villas

Starts from the last sale price (AED 5.8M, 6 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,800,000
Deposit, UAE resident (20%)
AED 1,160,000
Deposit, non-resident (40%)
AED 2,320,000
Monthly over 25 years at 3.7%
AED 23,730

Plus AED 248,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →