4-bed · 1,139 sqftLila Villas, Arabian Ranches 2 · completed 2017

V103, Lila Villas

Sold prices and rental history: sold twice, last in October 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V103 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 3.15M23 October 2016
Current rentAED 300K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V103, Lila Villas

What is V103 worth today?

Last sold for AED 3,150,000 in 2016

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1 Feb 2024RentedNew contract
AED 300,000/yr12 months · AED 92 per sqft
14 Jul 2023RentedRenewal
AED 230,000/yr6 months · AED 71 per sqft
14 Nov 2021RentedNew contract
AED 195,000/yr12 months · AED 60 per sqft
10 Nov 2020RentedRenewal
AED 145,000/yr12 months · AED 45 per sqft
10 Nov 2017RentedNew contract
AED 180,000/yr12 months · AED 55 per sqft
23 Oct 2016SoldOff-plan
AED 3,150,000AED 968 per sqft
3 Apr 2014Sold by developerOff-plan
AED 3,794,888AED 1,166 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2024.

Key facts

Type
4-bed villa
Size
1,139 sqft
Developer
Emaar
Completed
2017
Service charge
AED 2,800 /yr
Last sold
AED 3.15M · October 2016
Community
Lila Villas

About V103, Lila Villas

V103 is a four-bedroom villa of 1,139 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 23 October 2016 for AED 3,150,000, or AED 968 per sqft, in line with the AED 968 four-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 February 2024, is AED 300,000 a year: a gross yield of 9.5% on the 2016 price, before the service charge of about AED 2,800 a year.

Sales and rents for V103 over time

Sales
Villa V103, 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)Sold, October 2016: AED 3,150,000 (AED 968 per sqft)

V103 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V103, 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 180,000 a yearRenewal, November 2020: AED 145,000 a yearNew contract, November 2021: AED 195,000 a yearRenewal, July 2023: AED 230,000 a yearNew contract, February 2024: AED 300,000 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 V103 sits

All 105 4-beds →

V103 last sold in October 2016 at AED 968 per sqft, in line with what four-beds in Lila Villas were fetching at the time (AED 968). 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. V103's AED 300,000 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 →

V103, Lila Villas in numbers

  • Sold twice: first on 3 April 2014 for AED 3,794,888, last on 23 October 2016 for AED 3,150,000 (AED 968 per sqft).
  • Rented since November 2017 on 5 Ejari contracts. The rent fell from AED 180,000 to AED 145,000 in 2020 and recovered to AED 300,000 by February 2024.
  • At AED 300,000 a year the gross yield on the 2016 price is 9.5%, before a service charge of about AED 2,800 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 1 February 2024.

Questions about V103, Lila Villas

What did villa V103 last sell for?

AED 3,150,000 on 23 October 2016: AED 968 per sqft for 1,139 sqft. The villa has 2 registered sales; the first was AED 3,794,888 in April 2014.

What is the rent for villa V103?

AED 300,000 a year on the contract signed on 1 February 2024. The previous contract, from July 2023, was AED 230,000; the villa has been rented since November 2017.

How big is villa V103?

1,139 sqft (105.8 sqm): a four-bedroom villa in Lila Villas, completed in 2017.

What is villa V103 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 V103, Lila Villas

Starts from the last sale price (AED 3.15M, 23 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

Plus AED 137,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →