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5-bed · 4,575 sqftLila Villas, Arabian Ranches 2 · completed 2017

V047, Lila Villas

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V047 · DLD and Ejari recordsUpdated 10 November 2023
Last soldAED 6.35M10 November 2023
Current rentAED 195K /yr5 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V047, Lila Villas

What is V047 worth today?

Last sold for AED 6,350,000 in 2023

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10 Nov 2023SoldReady
AED 6,350,000AED 1,388 per sqft
5 May 2023RentedRenewal
AED 195,000/yr12 months · AED 43 per sqft
5 May 2022RentedRenewal
AED 195,000/yr12 months · AED 43 per sqft
5 May 2021RentedNew contract
AED 195,000/yr12 months · AED 43 per sqft
1 May 2020RentedRenewal
AED 170,000/yr12 months · AED 37 per sqft
1 Mar 2018RentedNew contract
AED 150,000/yr12 months · AED 33 per sqft
3 Apr 2014Sold by developerOff-plan
AED 4,509,888AED 985 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2023.

Key facts

Type
5-bed villa
Size
4,575 sqft
Developer
Emaar
Completed
2017
Service charge
AED 11,200 /yr
Last sold
AED 6.35M · November 2023
Community
Lila Villas

About V047, Lila Villas

V047 is a five-bedroom villa of 4,575 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 10 November 2023 for AED 6,350,000, or AED 1,388 per sqft, 16% above the AED 1,198 five-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 5 May 2023, is AED 195,000 a year: a gross yield of 3.1% on the 2023 price, before the service charge of about AED 11,200 a year.

Sales and rents for V047 over time

Sales
Villa V047, 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 4,509,888 (AED 985 per sqft)Sold, November 2023: AED 6,350,000 (AED 1,388 per sqft)

V047 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V047, 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, March 2018: AED 150,000 a yearRenewal, May 2020: AED 170,000 a yearNew contract, May 2021: AED 195,000 a yearRenewal, May 2022: AED 195,000 a yearRenewal, May 2023: AED 195,000 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 V047 sits

All 61 5-beds →

V047 last sold in November 2023 at AED 1,388 per sqft, 16% above what five-beds in Lila Villas were fetching at the time (AED 1,198). 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. V047's AED 195,000 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 →

V047, Lila Villas in numbers

  • Sold twice: first on 3 April 2014 for AED 4,509,888, last on 10 November 2023 for AED 6,350,000 (AED 1,388 per sqft).
  • Rented since March 2018 on 5 Ejari contracts, from AED 150,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2023 price is 3.1%, before a service charge of about AED 11,200 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 10 November 2023.

Questions about V047, Lila Villas

What did villa V047 last sell for?

AED 6,350,000 on 10 November 2023: AED 1,388 per sqft for 4,575 sqft. The villa has 2 registered sales; the first was AED 4,509,888 in April 2014.

What is the rent for villa V047?

AED 195,000 a year on the contract renewed on 5 May 2023. The previous contract, from May 2022, was AED 195,000; the villa has been rented since March 2018.

How big is villa V047?

4,575 sqft (425.0 sqm): a five-bedroom villa in Lila Villas, completed in 2017.

What is villa V047 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 V047, Lila Villas

Starts from the last sale price (AED 6.35M, 10 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,350,000
Deposit, UAE resident (20%)
AED 1,270,000
Deposit, non-resident (40%)
AED 2,540,000
Monthly over 25 years at 3.7%
AED 25,980

Plus AED 271,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →