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5-bed · 3,880 sqftLila Villas, Arabian Ranches 2 · completed 2017

V098, Lila Villas

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V098 · DLD and Ejari recordsUpdated 10 May 2023
Last soldAED 4.6M10 May 2023
Current rentAED 200K /yr20 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V098, Lila Villas

What is V098 worth today?

Last sold for AED 4,600,000 in 2023

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10 May 2023SoldReady
AED 4,600,000AED 1,185 per sqft
20 Aug 2022RentedRenewal
AED 200,200/yr13 months · AED 52 per sqft
20 Aug 2021RentedRenewal
AED 178,500/yr12 months · AED 46 per sqft
20 Aug 2019RentedNew contract
AED 185,000/yr12 months · AED 48 per sqft
6 Mar 2019RentedRenewal
AED 170,000/yr12 months · AED 44 per sqft
23 Apr 2014Sold by developerOff-plan
AED 4,439,888AED 1,144 per sqft

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

Key facts

Type
5-bed villa
Size
3,880 sqft
Developer
Emaar
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 4.6M · May 2023
Community
Lila Villas

About V098, Lila Villas

V098 is a five-bedroom villa of 3,880 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 10 May 2023 for AED 4,600,000, or AED 1,185 per sqft, in line with the AED 1,192 five-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 20 August 2022, is AED 200,200 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 9,500 a year.

Sales and rents for V098 over time

Sales
Villa V098, each saleTypical five-bed in Lila Villas
4M5M6M2014201720202023Typical 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 4,439,888 (AED 1,144 per sqft)Sold, May 2023: AED 4,600,000 (AED 1,185 per sqft)

V098 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V098, 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 355,000Renewal, March 2019: AED 170,000 a yearNew contract, August 2019: AED 185,000 a yearRenewal, August 2021: AED 178,500 a yearRenewal, August 2022: AED 200,200 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 V098 sits

All 61 5-beds →

V098 last sold in May 2023 at AED 1,185 per sqft, in line with what five-beds in Lila Villas were fetching at the time (AED 1,192). 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. V098's AED 200,200 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 →

V098, Lila Villas in numbers

  • Sold twice: first on 23 April 2014 for AED 4,439,888, last on 10 May 2023 for AED 4,600,000 (AED 1,185 per sqft).
  • Rented since March 2019 on 4 Ejari contracts, from AED 170,000 to AED 200,200 a year.
  • At AED 200,200 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 9,500 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 May 2023.

Questions about V098, Lila Villas

What did villa V098 last sell for?

AED 4,600,000 on 10 May 2023: AED 1,185 per sqft for 3,880 sqft. The villa has 2 registered sales; the first was AED 4,439,888 in April 2014.

What is the rent for villa V098?

AED 200,200 a year on the contract renewed on 20 August 2022. The previous contract, from August 2021, was AED 178,500; the villa has been rented since March 2019.

How big is villa V098?

3,880 sqft (360.5 sqm): a five-bedroom villa in Lila Villas, completed in 2017.

What is villa V098 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 V098, Lila Villas

Starts from the last sale price (AED 4.6M, 10 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

Plus AED 198,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →