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4-bed · 3,258 sqftLila Villas, Arabian Ranches 2 · completed 2017

V124, Lila Villas

Sold prices and rental history: sold 3 times, last in December 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V124 · DLD and Ejari recordsUpdated 19 December 2022
Last soldAED 4.2M19 December 2022
Current rentAED 173K /yr17 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V124, Lila Villas

What is V124 worth today?

Last sold for AED 4,200,000 in 2022

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19 Dec 2022SoldReady
AED 4,200,000AED 1,289 per sqft
17 Feb 2022RentedRenewal
AED 173,250/yr12 months · AED 53 per sqft
17 Feb 2019RentedRenewal
AED 165,000/yr36 months · AED 51 per sqft
17 Feb 2018RentedNew contract
AED 165,000/yr12 months · AED 51 per sqft
16 Oct 2016SoldOff-plan
AED 3,100,000AED 951 per sqft
23 Apr 2014Sold by developerOff-plan
AED 3,925,888AED 1,205 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 December 2022.

Key facts

Type
4-bed villa
Size
3,258 sqft
Developer
Emaar
Completed
2017
Service charge
AED 7,900 /yr
Last sold
AED 4.2M · December 2022
Community
Lila Villas

About V124, Lila Villas

V124 is a four-bedroom villa of 3,258 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 19 December 2022 for AED 4,200,000, or AED 1,289 per sqft, 8% above the AED 1,197 four-beds in the community were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 17 February 2022, is AED 173,250 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 7,900 a year.

Sales and rents for V124 over time

Sales
Villa V124, 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 3,925,888 (AED 1,205 per sqft)Sold, October 2016: AED 3,100,000 (AED 951 per sqft)Sold, December 2022: AED 4,200,000 (AED 1,289 per sqft)

V124 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V124, 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, February 2018: AED 165,000 a yearRenewal, February 2019: AED 165,000 a yearRenewal, February 2022: AED 173,250 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 V124 sits

All 105 4-beds →

V124 last sold in December 2022 at AED 1,289 per sqft, 8% above what four-beds in Lila Villas were fetching at the time (AED 1,197). 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. V124's AED 173,250 is at the bottom 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 →

V124, Lila Villas in numbers

  • Sold 3 times: first on 23 April 2014 for AED 3,925,888, last on 19 December 2022 for AED 4,200,000 (AED 1,289 per sqft).
  • Rented since February 2018 on 3 Ejari contracts, from AED 165,000 to AED 173,250 a year.
  • At AED 173,250 a year the gross yield on the 2022 price is 4.1%, before a service charge of about AED 7,900 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 19 December 2022.

Questions about V124, Lila Villas

What did villa V124 last sell for?

AED 4,200,000 on 19 December 2022: AED 1,289 per sqft for 3,258 sqft. The villa has 3 registered sales; the first was AED 3,925,888 in April 2014.

What is the rent for villa V124?

AED 173,250 a year on the contract renewed on 17 February 2022. The previous contract, from February 2019, was AED 165,000; the villa has been rented since February 2018.

How big is villa V124?

3,258 sqft (302.7 sqm): a four-bedroom villa in Lila Villas, completed in 2017.

What is villa V124 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 V124, Lila Villas

Starts from the last sale price (AED 4.2M, 19 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

Plus AED 181,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →