V015, Palma Villa
Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V015, Palma Villa
What is V015 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
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 · June 2024
- Community
- Palma Villa
About V015, Palma Villa
V015 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 4 June 2024 for AED 4,990,000, or AED 1,391 per sqft, in line with the AED 1,393 five-beds in the community were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 15 July 2024, is AED 260,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 8,700 a year.
Sales and rents for V015 over time
V015 has sold 3 times; the dashed line is the five-bed median of each year in the community.
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 V015 sits
All 40 5-beds →V015 last sold in June 2024 at AED 1,391 per sqft, in line with what five-beds in Palma Villa were fetching at the time (AED 1,393). V015's AED 260,000 is at the bottom of that range.
| Recent 5-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202524 July 2025 | 3,586 sqft | 6,350,000 | 1,770 | ||
| 28 Apr 202528 April 2025 | 3,586 sqft | 6,225,000 | 1,736 | ||
| 22 Nov 202422 November 2024 | 3,586 sqft | 6,000,000 | 1,673 | ||
| 24 May 202424 May 2024 | 3,586 sqft | 5,000,000 | 1,394 |
Palma Villa
Community121 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%
V015, Palma Villa in numbers
- Sold 3 times: first on 26 July 2016 for AED 4,573,888, last on 4 June 2024 for AED 4,990,000 (AED 1,391 per sqft).
- Rented since January 2017 on 5 Ejari contracts. The rent fell from AED 220,000 to AED 180,000 in 2021 and recovered to AED 260,000 by July 2024.
- At AED 260,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 8,700 a year (AED 2.44 per sqft).
Source: Dubai Land Department. Updated 15 July 2024.
Questions about V015, Palma Villa
What did villa V015 last sell for?
AED 4,990,000 on 4 June 2024: AED 1,391 per sqft for 3,586 sqft. The villa has 3 registered sales; the first was AED 4,573,888 in July 2016.
What is the rent for villa V015?
AED 260,000 a year on the contract signed on 15 July 2024. The previous contract, from January 2023, was AED 260,000; the villa has been rented since January 2017.
How big is villa V015?
3,586 sqft (333.2 sqm): a five-bedroom villa in Palma Villa, completed in 2016.
What is villa V015 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 V015, Palma Villa
Starts from the last sale price (AED 4.99M, 4 June 2024). 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 →