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3-bed · 3,181 sqftLila Villas, Arabian Ranches 2 · completed 2017

V053, Lila Villas

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V053 · DLD and Ejari recordsUpdated 4 July 2023
Last soldAED 4M4 July 2023
Current rentAED 191K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V053, Lila Villas

What is V053 worth today?

Last sold for AED 4,000,000 in 2023

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4 Jul 2023SoldReady
AED 4,000,000AED 1,257 per sqft
1 Mar 2023RentedRenewal
AED 190,548/yr12 months · AED 60 per sqft
1 Mar 2022RentedRenewal
AED 160,000/yr12 months · AED 50 per sqft
1 Mar 2021RentedNew contract
AED 155,000/yr12 months · AED 49 per sqft
29 Feb 2020RentedNew contract
AED 135,000/yr12 months · AED 42 per sqft
3 Apr 2014Sold by developerOff-plan
AED 3,490,888AED 1,097 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 July 2023.

Key facts

Type
3-bed villa
Size
3,181 sqft
Developer
Emaar
Completed
2017
Service charge
AED 7,800 /yr
Last sold
AED 4M · July 2023
Community
Lila Villas

About V053, Lila Villas

V053 is a three-bedroom villa of 3,181 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 4 July 2023 for AED 4,000,000, or AED 1,257 per sqft, 10% above the AED 1,143 three-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 190,548 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 7,800 a year.

Sales and rents for V053 over time

Sales
Villa V053, 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 3,490,888 (AED 1,097 per sqft)Sold, July 2023: AED 4,000,000 (AED 1,257 per sqft)

V053 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V053, 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, February 2020: AED 135,000 a yearNew contract, March 2021: AED 155,000 a yearRenewal, March 2022: AED 160,000 a yearRenewal, March 2023: AED 190,548 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 V053 sits

All 53 3-beds →

V053 last sold in July 2023 at AED 1,257 per sqft, 10% above what three-beds in Lila Villas were fetching at the time (AED 1,143). 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. V053's AED 190,548 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 →

V053, Lila Villas in numbers

  • Sold twice: first on 3 April 2014 for AED 3,490,888, last on 4 July 2023 for AED 4,000,000 (AED 1,257 per sqft).
  • Rented since February 2020 on 4 Ejari contracts, from AED 135,000 to AED 190,548 a year.
  • At AED 190,548 a year the gross yield on the 2023 price is 4.8%, 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: YallaValue analysis of Dubai Land Department records. Updated 4 July 2023.

Questions about V053, Lila Villas

What did villa V053 last sell for?

AED 4,000,000 on 4 July 2023: AED 1,257 per sqft for 3,181 sqft. The villa has 2 registered sales; the first was AED 3,490,888 in April 2014.

What is the rent for villa V053?

AED 190,548 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 160,000; the villa has been rented since February 2020.

How big is villa V053?

3,181 sqft (295.5 sqm): a three-bedroom villa in Lila Villas, completed in 2017.

What is villa V053 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 V053, Lila Villas

Starts from the last sale price (AED 4M, 4 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →