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4-bed · 3,253 sqftLila Villas, Arabian Ranches 2 · completed 2017

V218, Lila Villas

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V218 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 4.5M25 July 2024
Current rentAED 193K /yr10 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V218, Lila Villas

What is V218 worth today?

Last sold for AED 4,500,000 in 2024

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25 Jul 2024SoldReady
AED 4,500,000AED 1,383 per sqft
10 Jan 2023RentedRenewal
AED 193,471/yr10 months · AED 59 per sqft
10 Jan 2022RentedNew contract
AED 200,000/yr12 months · AED 61 per sqft
20 Jul 2021RentedNew contract
AED 167,100/yr12 months · AED 51 per sqft
31 May 2021RentedRenewal
AED 160,000/yr12 months · AED 49 per sqft
31 May 2020RentedRenewal
AED 160,000/yr12 months · AED 49 per sqft
31 May 2019RentedRenewal
AED 160,000/yr12 months · AED 49 per sqft
31 May 2018RentedNew contract
AED 160,000/yr12 months · AED 49 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 July 2024.

Key facts

Type
4-bed villa
Size
3,253 sqft
Developer
Emaar
Completed
2017
Service charge
AED 7,900 /yr
Last sold
AED 4.5M · July 2024
Community
Lila Villas

About V218, Lila Villas

V218 is a four-bedroom villa of 3,253 sqft in Lila Villas, a villa community in Arabian Ranches 2 completed in 2017 by Emaar. It last sold on 25 July 2024 for AED 4,500,000, or AED 1,383 per sqft, in line with the AED 1,381 four-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 10 January 2023, is AED 193,471 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 7,900 a year.

Sales and rents for V218 over time

Sales
Villa V218, 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 3,772,888 (AED 1,159 per sqft)Sold, July 2024: AED 4,500,000 (AED 1,383 per sqft)

V218 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V218, 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, May 2018: AED 160,000 a yearRenewal, May 2019: AED 160,000 a yearRenewal, May 2020: AED 160,000 a yearRenewal, May 2021: AED 160,000 a yearNew contract, July 2021: AED 167,100 a yearNew contract, January 2022: AED 200,000 a yearRenewal, January 2023: AED 193,471 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 V218 sits

All 105 4-beds →

V218 last sold in July 2024 at AED 1,383 per sqft, in line with what four-beds in Lila Villas were fetching at the time (AED 1,381). 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. V218's AED 193,471 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 →

V218, Lila Villas in numbers

  • Sold twice: first on 23 April 2014 for AED 3,772,888, last on 25 July 2024 for AED 4,500,000 (AED 1,383 per sqft).
  • Rented since May 2018 on 7 Ejari contracts, from AED 160,000 to AED 193,471 a year.
  • At AED 193,471 a year the gross yield on the 2024 price is 4.3%, 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 25 July 2024.

Questions about V218, Lila Villas

What did villa V218 last sell for?

AED 4,500,000 on 25 July 2024: AED 1,383 per sqft for 3,253 sqft. The villa has 2 registered sales; the first was AED 3,772,888 in April 2014.

What is the rent for villa V218?

AED 193,471 a year on the contract renewed on 10 January 2023. The previous contract, from January 2022, was AED 200,000; the villa has been rented since May 2018.

How big is villa V218?

3,253 sqft (302.2 sqm): a four-bedroom villa in Lila Villas, completed in 2017.

What is villa V218 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 V218, Lila Villas

Starts from the last sale price (AED 4.5M, 25 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus AED 194,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →