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5-bed · 3,880 sqftLila Villas, Arabian Ranches 2 · completed 2017

V203, Lila Villas

Sold prices and rental history: sold twice, last in January 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V203 · DLD and Ejari recordsUpdated 20 January 2023
Last soldAED 4.2M20 January 2023
Current rentAED 145K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V203, Lila Villas

What is V203 worth today?

Last sold for AED 4,200,000 in 2023

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20 Jan 2023SoldReady
AED 4,200,000AED 1,082 per sqft
1 Aug 2020RentedNew contract
AED 145,000/yr12 months · AED 37 per sqft
28 May 2019RentedRenewal
AED 160,000/yr12 months · AED 41 per sqft
1 Apr 2014Sold by developerOff-plan
AED 4,439,888AED 1,144 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2023.

Key facts

Type
5-bed villa
Size
3,880 sqft
Developer
Emaar
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 4.2M · January 2023
Community
Lila Villas

About V203, Lila Villas

V203 is a five-bedroom villa of 3,880 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 20 January 2023 for AED 4,200,000, or AED 1,082 per sqft, 11% below the AED 1,220 five-beds in the community were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 August 2020, is AED 145,000 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 9,500 a year.

Sales and rents for V203 over time

Sales
Villa V203, each saleTypical five-bed in Lila Villas
4M5M6M2014201720202023Typical sale price by year: 2014 AED 4,497,388; 2018 AED 3,525,000; 2019 AED 4,631,388; 2020 AED 4,439,888; 2022 AED 4,737,500; 2023 AED 4,650,000; 2024 AED 5,662,500Sold by developer, April 2014: AED 4,439,888 (AED 1,144 per sqft)Sold, January 2023: AED 4,200,000 (AED 1,082 per sqft)

V203 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V203, each contractTypical five-bed in Lila Villas
200K300K2017202020232026Typical rent by year: 2017 AED 180,000; 2018 AED 175,000; 2019 AED 175,000; 2020 AED 165,000; 2021 AED 170,000; 2022 AED 190,000; 2023 AED 270,000; 2024 AED 320,000; 2025 AED 340,000; 2026 AED 355,000Renewal, May 2019: AED 160,000 a yearNew contract, August 2020: AED 145,000 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.

5-beds in Lila Villas, and where V203 sits

All 61 5-beds →

V203 last sold in January 2023 at AED 1,082 per sqft, 11% below what five-beds in Lila Villas were fetching at the time (AED 1,220). Over the last 12 months five-beds sold for AED 7,166,898 to 7,200,000, around AED 1,851 per sqft, and rent for AED 299,169 to 390,000 a year. V203's AED 145,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
20 Jan 20267,200,000
7 Jan 20267,166,898
30 May 20257,050,000
18 Nov 20246,900,000
2 5-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 →

V203, Lila Villas in numbers

  • Sold twice: first on 1 April 2014 for AED 4,439,888, last on 20 January 2023 for AED 4,200,000 (AED 1,082 per sqft).
  • Rented since May 2019 on 2 Ejari contracts, from AED 160,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2023 price is 3.5%, before a service charge of about AED 9,500 a year (AED 2.44 per sqft).
  • Five-beds in Lila Villas sold for AED 7,166,898–7,200,000 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 20 January 2023.

Questions about V203, Lila Villas

What did villa V203 last sell for?

AED 4,200,000 on 20 January 2023: AED 1,082 per sqft for 3,880 sqft. The villa has 2 registered sales; the first was AED 4,439,888 in April 2014.

What is the rent for villa V203?

AED 145,000 a year on the contract signed on 1 August 2020. The previous contract, from May 2019, was AED 160,000.

How big is villa V203?

3,880 sqft (360.5 sqm): a five-bedroom villa in Lila Villas, completed in 2017.

What is villa V203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in Lila Villas sold for AED 7,166,898 to 7,200,000 in the last 12 months, around AED 1,851 per sqft.

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Mortgage on V203, Lila Villas

Starts from the last sale price (AED 4.2M, 20 January 2023). 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 →