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3-bed · 3,191 sqftLila Villas, Arabian Ranches 2 · completed 2017

V115, Lila Villas

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V115 · DLD and Ejari recordsUpdated 7 December 2022
Last soldAED 3.65M28 November 2022
Current rentAED 143K /yr7 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V115, Lila Villas

What is V115 worth today?

Last sold for AED 3,650,000 in 2022

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7 Dec 2022RentedNew contract
AED 143,012/yr4 months · AED 45 per sqft
28 Nov 2022SoldReady
AED 3,650,000AED 1,143 per sqft
7 Dec 2020RentedNew contract
AED 145,000/yr12 months · AED 45 per sqft
7 Dec 2019RentedNew contract
AED 145,000/yr12 months · AED 45 per sqft
1 Dec 2018RentedRenewal
AED 157,500/yr12 months · AED 49 per sqft
1 Dec 2017RentedNew contract
AED 150,000/yr12 months · AED 47 per sqft
3 Apr 2014Sold by developerOff-plan
AED 3,525,888AED 1,104 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 December 2022.

Key facts

Type
3-bed villa
Size
3,191 sqft
Developer
Emaar
Completed
2017
Service charge
AED 7,800 /yr
Last sold
AED 3.65M · November 2022
Community
Lila Villas

About V115, Lila Villas

V115 is a three-bedroom villa of 3,191 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 28 November 2022 for AED 3,650,000, or AED 1,143 per sqft, 10% above the AED 1,042 three-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 7 December 2022, is AED 143,012 a year: a gross yield of 3.9% on the 2022 price, before the service charge of about AED 7,800 a year.

Sales and rents for V115 over time

Sales
Villa V115, 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 3,525,888 (AED 1,104 per sqft)Sold, November 2022: AED 3,650,000 (AED 1,143 per sqft)

V115 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V115, 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, December 2017: AED 150,000 a yearRenewal, December 2018: AED 157,500 a yearNew contract, December 2019: AED 145,000 a yearNew contract, December 2020: AED 145,000 a yearNew contract, December 2022: AED 143,012 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 V115 sits

All 53 3-beds →

V115 last sold in November 2022 at AED 1,143 per sqft, 10% above what three-beds in Lila Villas were fetching at the time (AED 1,042). 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. V115's AED 143,012 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 →

V115, Lila Villas in numbers

  • Sold twice: first on 3 April 2014 for AED 3,525,888, last on 28 November 2022 for AED 3,650,000 (AED 1,143 per sqft).
  • Rented since December 2017 on 5 Ejari contracts, from AED 150,000 to AED 143,012 a year.
  • At AED 143,012 a year the gross yield on the 2022 price is 3.9%, 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 7 December 2022.

Questions about V115, Lila Villas

What did villa V115 last sell for?

AED 3,650,000 on 28 November 2022: AED 1,143 per sqft for 3,191 sqft. The villa has 2 registered sales; the first was AED 3,525,888 in April 2014.

What is the rent for villa V115?

AED 143,012 a year on the contract signed on 7 December 2022. The previous contract, from December 2020, was AED 145,000; the villa has been rented since December 2017.

How big is villa V115?

3,191 sqft (296.5 sqm): a three-bedroom villa in Lila Villas, completed in 2017.

What is villa V115 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 V115, Lila Villas

Starts from the last sale price (AED 3.65M, 28 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

Plus AED 158,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →