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

V011, Palma Villa

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V011 · DLD and Ejari recordsUpdated 19 January 2022
Last soldAED 4.3M19 January 2022
Current rentAED 165K /yr7 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V011, Palma Villa

What is V011 worth today?

Last sold for AED 4,300,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Jan 2022SoldReady
AED 4,300,000AED 1,199 per sqft
7 Jul 2021RentedRenewal
AED 165,000/yr12 months · AED 46 per sqft
7 Jul 2020RentedNew contract
AED 165,000/yr12 months · AED 46 per sqft
12 Sep 2019RentedNew contract
AED 175,000/yr12 months · AED 49 per sqft
21 Aug 2018RentedNew contract
AED 210,000/yr12 months · AED 59 per sqft
22 Aug 2017RentedNew contract
AED 210,000/yr12 months · AED 59 per sqft
20 Oct 2016RentedNew contract
AED 225,000/yr12 months · AED 63 per sqft
22 Jun 2015Sold by developerOff-plan
AED 4,573,888AED 1,275 per sqft

Source: Dubai Land Department. Updated 19 January 2022.

Key facts

Type
5-bed villa
Size
3,586 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,700 /yr
Last sold
AED 4.3M · January 2022
Community
Palma Villa

About V011, Palma Villa

V011 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 19 January 2022 for AED 4,300,000, or AED 1,199 per sqft.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 7 July 2021, is AED 165,000 a year: a gross yield of 3.8% on the 2022 price, before the service charge of about AED 8,700 a year.

Sales and rents for V011 over time

Sales
Villa V011, 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, June 2015: AED 4,573,888 (AED 1,275 per sqft)Sold, January 2022: AED 4,300,000 (AED 1,199 per sqft)

V011 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V011, 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, October 2016: AED 225,000 a yearNew contract, August 2017: AED 210,000 a yearNew contract, August 2018: AED 210,000 a yearNew contract, September 2019: AED 175,000 a yearNew contract, July 2020: AED 165,000 a yearRenewal, July 2021: 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 V011 sits

All 40 5-beds →

V011'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 →

V011, Palma Villa in numbers

  • Sold twice: first on 22 June 2015 for AED 4,573,888, last on 19 January 2022 for AED 4,300,000 (AED 1,199 per sqft).
  • Rented since October 2016 on 6 Ejari contracts, from AED 225,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2022 price is 3.8%, before a service charge of about AED 8,700 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 19 January 2022.

Questions about V011, Palma Villa

What did villa V011 last sell for?

AED 4,300,000 on 19 January 2022: AED 1,199 per sqft for 3,586 sqft. The villa has 2 registered sales; the first was AED 4,573,888 in June 2015.

What is the rent for villa V011?

AED 165,000 a year on the contract renewed on 7 July 2021. The previous contract, from July 2020, was AED 165,000; the villa has been rented since October 2016.

How big is villa V011?

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

What is villa V011 worth today?

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

Selling V011? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on V011, Palma Villa

Starts from the last sale price (AED 4.3M, 19 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

Plus AED 185,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →