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5-bed · 3,586 sqftPalma Villa, Arabian Ranches 2 · completed 2016

V001, Palma Villa

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

Villa V001 · DLD and Ejari recordsUpdated 10 March 2022
Last soldAED 4.99M10 March 2022
Current rentAED 165K /yr15 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V001, Palma Villa

What is V001 worth today?

Last sold for AED 4,990,000 in 2022

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10 Mar 2022SoldReady
AED 4,990,000AED 1,391 per sqft
15 Aug 2020RentedNew contract
AED 165,000/yr14 months · AED 46 per sqft
16 Jul 2019RentedRenewal
AED 152,308/yr13 months · AED 42 per sqft
16 Jun 2018RentedNew contract
AED 175,000/yr13 months · AED 49 per sqft
17 Jul 2014Sold by developerOff-plan
AED 4,888,888AED 1,363 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2022.

Key facts

Type
5-bed villa
Size
3,586 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,700 /yr
Last sold
AED 4.99M · March 2022
Community
Palma Villa

About V001, Palma Villa

V001 is a five-bedroom villa of 3,586 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. It last sold on 10 March 2022 for AED 4,990,000, or AED 1,391 per sqft, 16% above the AED 1,199 five-beds in the community were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 15 August 2020, is AED 165,000 a year: a gross yield of 3.3% on the 2022 price, before the service charge of about AED 8,700 a year.

Sales and rents for V001 over time

Sales
Villa V001, each saleTypical five-bed in Palma Villa
4.5M5M2014201720202023Typical sale price by year: 2014 AED 4,657,888; 2015 AED 4,505,888; 2016 AED 4,572,888; 2017 AED 4,411,444; 2022 AED 4,335,000; 2023 AED 4,700,000; 2024 AED 5,100,000Sold by developer, July 2014: AED 4,888,888 (AED 1,363 per sqft)Sold, March 2022: AED 4,990,000 (AED 1,391 per sqft)

V001 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V001, each contractTypical five-bed in Palma Villa
200K300K2016201920222025Typical rent by year: 2016 AED 220,000; 2017 AED 210,000; 2018 AED 179,517; 2019 AED 175,000; 2020 AED 161,000; 2021 AED 170,500; 2022 AED 237,500; 2023 AED 260,000; 2024 AED 315,000; 2025 AED 325,000New contract, June 2018: AED 175,000 a yearRenewal, July 2019: AED 152,308 a yearNew contract, August 2020: AED 165,000 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 Palma Villa, and where V001 sits

All 40 5-beds →

V001 last sold in March 2022 at AED 1,391 per sqft, 16% above what five-beds in Palma Villa were fetching at the time (AED 1,199). V001's AED 165,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
24 Jul 20256,350,000
28 Apr 20256,225,000
22 Nov 20246,000,000
4 Jun 20244,990,000
0 5-bed sales in the last 12 months

Palma Villa

Community

121 villas, 3-bed to 5-bed in Arabian Ranches 2, completed in 2016 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 1,879
Typical sale
AED 6.85M
Typical rent
AED 310K /yr
Typical yield
4.7%
Palma Villa, Arabian Ranches 2: prices, sales and rents →

V001, Palma Villa in numbers

  • Sold twice: first on 17 July 2014 for AED 4,888,888, last on 10 March 2022 for AED 4,990,000 (AED 1,391 per sqft).
  • Rented since June 2018 on 3 Ejari contracts, from AED 175,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2022 price is 3.3%, before a service charge of about AED 8,700 a year (AED 2.44 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2022.

Questions about V001, Palma Villa

What did villa V001 last sell for?

AED 4,990,000 on 10 March 2022: AED 1,391 per sqft for 3,586 sqft. The villa has 2 registered sales; the first was AED 4,888,888 in July 2014.

What is the rent for villa V001?

AED 165,000 a year on the contract signed on 15 August 2020. The previous contract, from July 2019, was AED 152,308; the villa has been rented since June 2018.

How big is villa V001?

3,586 sqft (333.2 sqm): a five-bedroom villa in Palma Villa, completed in 2016.

What is villa V001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on V001, Palma Villa

Starts from the last sale price (AED 4.99M, 10 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,990,000
Deposit, UAE resident (20%)
AED 998,000
Deposit, non-resident (40%)
AED 1,996,000
Monthly over 25 years at 3.7%
AED 20,416

Plus AED 214,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →