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4-bed · 3,589 sqftPalma Villa, Arabian Ranches 2 · completed 2016

V008, Palma Villa

Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V008 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 4.16M4 September 2016
Current rentAED 290K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V008, Palma Villa

What is V008 worth today?

Last sold for AED 4,159,888 in 2016

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1 May 2025RentedRenewal
AED 290,000/yr12 months · AED 81 per sqft
1 Dec 2022RentedRenewal
AED 210,000/yr12 months · AED 59 per sqft
1 Dec 2021RentedNew contract
AED 210,000/yr12 months · AED 59 per sqft
15 Oct 2020RentedNew contract
AED 150,000/yr12 months · AED 42 per sqft
15 Sep 2019RentedNew contract
AED 165,000/yr12 months · AED 46 per sqft
10 Aug 2017RentedRenewal
AED 200,000/yr12 months · AED 56 per sqft
4 Sep 2016Sold by developerReady
AED 4,159,888AED 1,158 per sqft
10 Aug 2016RentedNew contract
AED 200,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
4-bed villa
Size
3,589 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,800 /yr
Last sold
AED 4.16M · September 2016
Community
Palma Villa

About V008, Palma Villa

V008 is a four-bedroom villa of 3,589 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. The developer sold it on 4 September 2016 for AED 4,159,888, or AED 1,158 per sqft, in line with the AED 1,158 four-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 290,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 8,800 a year.

Sales and rents for V008 over time

Sales
Villa V008, each saleTypical four-bed in Palma Villa
4M6M20142017202020232026Typical sale price by year: 2014 AED 4,139,888; 2015 AED 4,136,388; 2016 AED 4,199,888; 2017 AED 4,393,888; 2021 AED 3,600,250; 2022 AED 4,270,000; 2023 AED 4,425,000; 2025 AED 6,850,000Sold by developer, September 2016: AED 4,159,888 (AED 1,158 per sqft)

V008 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V008, each contractTypical four-bed in Palma Villa
200K300K2016201920222025Typical rent by year: 2016 AED 216,500; 2017 AED 205,000; 2018 AED 175,500; 2019 AED 167,500; 2020 AED 154,213; 2021 AED 162,750; 2022 AED 210,000; 2023 AED 290,000; 2024 AED 300,000; 2025 AED 295,000New contract, August 2016: AED 200,000 a yearRenewal, August 2017: AED 200,000 a yearNew contract, September 2019: AED 165,000 a yearNew contract, October 2020: AED 150,000 a yearNew contract, December 2021: AED 210,000 a yearRenewal, December 2022: AED 210,000 a yearRenewal, May 2025: AED 290,000 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 Palma Villa, and where V008 sits

All 40 4-beds →

V008 last sold in September 2016 at AED 1,158 per sqft, in line with what four-beds in Palma Villa were fetching at the time (AED 1,158). Over the last 12 months four-beds sold for AED 6,700,000 to 7,000,000, around AED 1,879 per sqft, and rent for AED 230,120 to 345,000 a year. V008's AED 290,000 is in the upper half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
9 Dec 20257,000,000
28 Nov 20256,700,000
23 Jun 20257,700,000
6 Jan 20255,700,000
2 4-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 →

V008, Palma Villa in numbers

  • Sold once: by Emaar on 4 September 2016 for AED 4,159,888, or AED 1,158 per sqft.
  • Rented since August 2016 on 7 Ejari contracts. The rent fell from AED 200,000 to AED 150,000 in 2020 and recovered to AED 290,000 by May 2025.
  • At AED 290,000 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 8,800 a year (AED 2.44 per sqft).
  • Four-beds in Palma Villa sold for AED 6,700,000–7,000,000 in the 12 months to November 2026; the community's median across all types is AED 1,879 per sqft.

Source: Dubai Land Department. Updated 1 May 2025.

Questions about V008, Palma Villa

What did villa V008 last sell for?

AED 4,159,888 on 4 September 2016, sold by the developer: AED 1,158 per sqft for 3,589 sqft. It is the only registered sale of the villa.

What is the rent for villa V008?

AED 290,000 a year on the contract renewed on 1 May 2025. The previous contract, from December 2022, was AED 210,000; the villa has been rented since August 2016.

How big is villa V008?

3,589 sqft (333.4 sqm): a four-bedroom villa in Palma Villa, completed in 2016.

What is villa V008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Palma Villa sold for AED 6,700,000 to 7,000,000 in the last 12 months, around AED 1,879 per sqft.

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Mortgage on V008, Palma Villa

Starts from the last sale price (AED 4.16M, 4 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,159,888
Deposit, UAE resident (20%)
AED 831,978
Deposit, non-resident (40%)
AED 1,663,955
Monthly over 25 years at 3.7%
AED 17,019

Plus AED 179,726 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →