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

V121, Lila Villas

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V121 · DLD and Ejari recordsUpdated 16 August 2024
Last soldAED 5M16 August 2024
Current rentAED 137K /yr19 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V121, Lila Villas

What is V121 worth today?

Last sold for AED 4,999,999 in 2024

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16 Aug 2024SoldReady
AED 4,999,999AED 1,566 per sqft
19 Oct 2020RentedNew contract
AED 137,000/yr12 months · AED 43 per sqft
26 Oct 2019RentedRenewal
AED 135,000/yr12 months · AED 42 per sqft
26 Oct 2018RentedRenewal
AED 170,000/yr12 months · AED 53 per sqft
27 Oct 2017RentedNew contract
AED 170,000/yr12 months · AED 53 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 16 August 2024.

Key facts

Type
3-bed villa
Size
3,191 sqft
Developer
Emaar
Completed
2017
Service charge
AED 7,800 /yr
Last sold
AED 5M · August 2024
Community
Lila Villas

About V121, Lila Villas

V121 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 16 August 2024 for AED 4,999,999, or AED 1,566 per sqft, 11% above the AED 1,413 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 19 October 2020, is AED 137,000 a year: a gross yield of 2.7% on the 2024 price, before the service charge of about AED 7,800 a year.

Sales and rents for V121 over time

Sales
Villa V121, 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, August 2024: AED 4,999,999 (AED 1,566 per sqft)

V121 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V121, 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, October 2017: AED 170,000 a yearRenewal, October 2018: AED 170,000 a yearRenewal, October 2019: AED 135,000 a yearNew contract, October 2020: AED 137,000 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 V121 sits

All 53 3-beds →

V121 last sold in August 2024 at AED 1,566 per sqft, 11% above what three-beds in Lila Villas were fetching at the time (AED 1,413). 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. V121's AED 137,000 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 →

V121, Lila Villas in numbers

  • Sold twice: first on 3 April 2014 for AED 3,525,888, last on 16 August 2024 for AED 4,999,999 (AED 1,566 per sqft).
  • Rented since October 2017 on 4 Ejari contracts, from AED 170,000 to AED 137,000 a year.
  • At AED 137,000 a year the gross yield on the 2024 price is 2.7%, 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 16 August 2024.

Questions about V121, Lila Villas

What did villa V121 last sell for?

AED 4,999,999 on 16 August 2024: AED 1,566 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 V121?

AED 137,000 a year on the contract signed on 19 October 2020. The previous contract, from October 2019, was AED 135,000; the villa has been rented since October 2017.

How big is villa V121?

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

What is villa V121 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 V121, Lila Villas

Starts from the last sale price (AED 5M, 16 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,999,999
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

Plus AED 215,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →