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4-bed · 3,253 sqftLila Villas, Arabian Ranches 2 · completed 2017

V088, Lila Villas

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V088 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 3.79M2 April 2014
Current rentAED 310K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V088, Lila Villas

What is V088 worth today?

Last sold for AED 3,794,888 in 2014

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20 May 2024RentedNew contract
AED 310,000/yr12 months · AED 95 per sqft
5 Sep 2023RentedNew contract
AED 270,000/yr12 months · AED 83 per sqft
12 Jun 2022RentedRenewal
AED 165,000/yr12 months · AED 51 per sqft
12 Jun 2021RentedRenewal
AED 154,000/yr12 months · AED 47 per sqft
12 Jun 2020RentedNew contract
AED 140,000/yr12 months · AED 43 per sqft
26 Jul 2019RentedRenewal
AED 153,729/yr4 months · AED 47 per sqft
26 Nov 2018RentedRenewal
AED 162,000/yr8 months · AED 50 per sqft
26 Nov 2017RentedNew contract
AED 162,000/yr12 months · AED 50 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2024.

Key facts

Type
4-bed villa
Size
3,253 sqft
Developer
Emaar
Completed
2017
Service charge
AED 7,900 /yr
Last sold
AED 3.79M · April 2014
Community
Lila Villas

About V088, Lila Villas

V088 is a four-bedroom villa of 3,253 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. The developer sold it on 2 April 2014 for AED 3,794,888, or AED 1,166 per sqft, 4% above the AED 1,118 four-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 20 May 2024, is AED 310,000 a year: a gross yield of 8.2% on the 2014 price, before the service charge of about AED 7,900 a year.

Sales and rents for V088 over time

Sales
Villa V088, 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 3,794,888 (AED 1,166 per sqft)

V088 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V088, 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 162,000 a yearRenewal, November 2018: AED 162,000 a yearRenewal, July 2019: AED 153,729 a yearNew contract, June 2020: AED 140,000 a yearRenewal, June 2021: AED 154,000 a yearRenewal, June 2022: AED 165,000 a yearNew contract, September 2023: AED 270,000 a yearNew contract, May 2024: AED 310,000 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 V088 sits

All 105 4-beds →

V088 last sold in April 2014 at AED 1,166 per sqft, 4% above what four-beds in Lila Villas were fetching at the time (AED 1,118). 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. V088's AED 310,000 is in the upper half 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 →

V088, Lila Villas in numbers

  • Sold once: by Emaar on 2 April 2014 for AED 3,794,888, or AED 1,166 per sqft.
  • Rented since November 2017 on 8 Ejari contracts. The rent fell from AED 162,000 to AED 140,000 in 2020 and recovered to AED 310,000 by May 2024.
  • At AED 310,000 a year the gross yield on the 2014 price is 8.2%, 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 20 May 2024.

Questions about V088, Lila Villas

What did villa V088 last sell for?

AED 3,794,888 on 2 April 2014, sold by the developer: AED 1,166 per sqft for 3,253 sqft. It is the only registered sale of the villa.

What is the rent for villa V088?

AED 310,000 a year on the contract signed on 20 May 2024. The previous contract, from September 2023, was AED 270,000; the villa has been rented since November 2017.

How big is villa V088?

3,253 sqft (302.2 sqm): a four-bedroom villa in Lila Villas, completed in 2017.

What is villa V088 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 V088, Lila Villas

Starts from the last sale price (AED 3.79M, 2 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,794,888
Deposit, UAE resident (20%)
AED 758,978
Deposit, non-resident (40%)
AED 1,517,955
Monthly over 25 years at 3.7%
AED 15,526

Plus AED 164,396 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →