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4-bed · 3,258 sqftLila Villas, Arabian Ranches 2 · completed 2017

V055, Lila Villas

Sold prices and rental history: sold twice, last in October 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V055 · DLD and Ejari recordsUpdated 12 June 2021
Last soldAED 2.46M26 October 2020
Current rentAED 128K /yr12 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V055, Lila Villas

What is V055 worth today?

Last sold for AED 2,460,000 in 2020

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12 Jun 2021RentedNew contract
AED 127,651/yr5 months · AED 39 per sqft
26 Oct 2020SoldReady
AED 2,460,000AED 755 per sqft
12 Jun 2020RentedNew contract
AED 127,000/yr12 months · AED 39 per sqft
15 Feb 2019RentedRenewal
AED 160,000/yr12 months · AED 49 per sqft
15 Feb 2018RentedNew contract
AED 160,000/yr12 months · AED 49 per sqft
3 Apr 2014Sold by developerOff-plan
AED 3,830,888AED 1,175 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 June 2021.

Key facts

Type
4-bed villa
Size
3,258 sqft
Developer
Emaar
Completed
2017
Service charge
AED 7,900 /yr
Last sold
AED 2.46M · October 2020
Community
Lila Villas

About V055, Lila Villas

V055 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 26 October 2020 for AED 2,460,000, or AED 755 per sqft, 12% below the AED 855 four-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 12 June 2021, is AED 127,651 a year: a gross yield of 5.2% on the 2020 price, before the service charge of about AED 7,900 a year.

Sales and rents for V055 over time

Sales
Villa V055, each saleTypical four-bed in Lila Villas
2M4M6M20142017202020232026Typical 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 3,830,888 (AED 1,175 per sqft)Sold, October 2020: AED 2,460,000 (AED 755 per sqft)

V055 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V055, each contractTypical four-bed in Lila Villas
100K200K300K2017202020232026Typical 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, February 2018: AED 160,000 a yearRenewal, February 2019: AED 160,000 a yearNew contract, June 2020: AED 127,000 a yearNew contract, June 2021: AED 127,651 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 V055 sits

All 105 4-beds →

V055 last sold in October 2020 at AED 755 per sqft, 12% below what four-beds in Lila Villas were fetching at the time (AED 855). 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. V055's AED 127,651 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 →

V055, Lila Villas in numbers

  • Sold twice: first on 3 April 2014 for AED 3,830,888, last on 26 October 2020 for AED 2,460,000 (AED 755 per sqft).
  • Rented since February 2018 on 4 Ejari contracts, from AED 160,000 to AED 127,651 a year.
  • At AED 127,651 a year the gross yield on the 2020 price is 5.2%, 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 12 June 2021.

Questions about V055, Lila Villas

What did villa V055 last sell for?

AED 2,460,000 on 26 October 2020: AED 755 per sqft for 3,258 sqft. The villa has 2 registered sales; the first was AED 3,830,888 in April 2014.

What is the rent for villa V055?

AED 127,651 a year on the contract signed on 12 June 2021. The previous contract, from June 2020, was AED 127,000; the villa has been rented since February 2018.

How big is villa V055?

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

What is villa V055 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 V055, Lila Villas

Starts from the last sale price (AED 2.46M, 26 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,460,000
Deposit, UAE resident (20%)
AED 492,000
Deposit, non-resident (40%)
AED 984,000
Monthly over 25 years at 3.7%
AED 10,065

Plus AED 108,330 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →