Home
Dubai prices
About
Research
3-bed · 3,181 sqftLila Villas, Arabian Ranches 2 · completed 2017

V118, Lila Villas

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V118 · DLD and Ejari recordsUpdated 21 February 2024
Last soldAED 4.39M21 February 2024
Current rentAED 255K /yr15 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V118, Lila Villas

What is V118 worth today?

Last sold for AED 4,390,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Feb 2024SoldReady
AED 4,390,000AED 1,380 per sqft
15 Jun 2023RentedNew contract
AED 255,000/yr12 months · AED 80 per sqft
19 Jul 2022SoldReady
AED 3,400,000AED 1,068 per sqft
16 Jan 2022RentedRenewal
AED 150,000/yr12 months · AED 47 per sqft
12 May 2020RentedRenewal
AED 140,000/yr8 months · AED 44 per sqft
12 May 2019RentedNew contract
AED 145,000/yr12 months · AED 46 per sqft
31 Jan 2019Sold by developerReady
AED 3,508,888AED 1,103 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 February 2024.

Key facts

Type
3-bed villa
Size
3,181 sqft
Developer
Emaar
Completed
2017
Service charge
AED 7,800 /yr
Last sold
AED 4.39M · February 2024
Community
Lila Villas

About V118, Lila Villas

V118 is a three-bedroom villa of 3,181 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 21 February 2024 for AED 4,390,000, or AED 1,380 per sqft, 12% above the AED 1,232 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 June 2023, is AED 255,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 7,800 a year.

Sales and rents for V118 over time

Sales
Villa V118, 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, January 2019: AED 3,508,888 (AED 1,103 per sqft)Sold, July 2022: AED 3,400,000 (AED 1,068 per sqft)Sold, February 2024: AED 4,390,000 (AED 1,380 per sqft)

V118 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V118, 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, May 2019: AED 145,000 a yearRenewal, May 2020: AED 140,000 a yearRenewal, January 2022: AED 150,000 a yearNew contract, June 2023: AED 255,000 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 V118 sits

All 53 3-beds →

V118 last sold in February 2024 at AED 1,380 per sqft, 12% above what three-beds in Lila Villas were fetching at the time (AED 1,232). 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. V118's AED 255,000 is in the upper half 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 →

V118, Lila Villas in numbers

  • Sold 3 times: first on 31 January 2019 for AED 3,508,888, last on 21 February 2024 for AED 4,390,000 (AED 1,380 per sqft).
  • Rented since May 2019 on 4 Ejari contracts, from AED 145,000 to AED 255,000 a year.
  • At AED 255,000 a year the gross yield on the 2024 price is 5.8%, 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 21 February 2024.

Questions about V118, Lila Villas

What did villa V118 last sell for?

AED 4,390,000 on 21 February 2024: AED 1,380 per sqft for 3,181 sqft. The villa has 3 registered sales; the first was AED 3,508,888 in January 2019.

What is the rent for villa V118?

AED 255,000 a year on the contract signed on 15 June 2023. The previous contract, from January 2022, was AED 150,000; the villa has been rented since May 2019.

How big is villa V118?

3,181 sqft (295.5 sqm): a three-bedroom villa in Lila Villas, completed in 2017.

What is villa V118 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.

Selling V118? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V118, Lila Villas

Starts from the last sale price (AED 4.39M, 21 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,390,000
Deposit, UAE resident (20%)
AED 878,000
Deposit, non-resident (40%)
AED 1,756,000
Monthly over 25 years at 3.7%
AED 17,961

Plus AED 189,390 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →