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

V021, Palma Villa

Sold prices and rental history: sold 3 times, last in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V021 · DLD and Ejari recordsUpdated 8 August 2017
Last soldAED 3.9M8 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V021, Palma Villa

What is V021 worth today?

Last sold for AED 3,900,000 in 2017

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8 Aug 2017SoldReady
AED 3,900,000AED 1,087 per sqft
30 Oct 2016SoldReady
AED 4,000,000AED 1,115 per sqft
3 Apr 2014Sold by developerOff-plan
AED 4,657,888AED 1,299 per sqft

Source: Dubai Land Department. Updated 8 August 2017.

Key facts

Type
5-bed villa
Size
3,586 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,700 /yr
Last sold
AED 3.9M · August 2017
Community
Palma Villa

About V021, Palma Villa

V021 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 8 August 2017 for AED 3,900,000, or AED 1,087 per sqft, 14% below the AED 1,260 five-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V021 over time

Sales
Villa V021, each saleTypical five-bed in Palma Villa
4M5M2014201720202023Typical 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, April 2014: AED 4,657,888 (AED 1,299 per sqft)Sold, October 2016: AED 4,000,000 (AED 1,115 per sqft)Sold, August 2017: AED 3,900,000 (AED 1,087 per sqft)

V021 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa V021, 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 325,000

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 V021 sits

All 40 5-beds →

V021 last sold in August 2017 at AED 1,087 per sqft, 14% below what five-beds in Palma Villa were fetching at the time (AED 1,260).

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 →

V021, Palma Villa in numbers

  • Sold 3 times: first on 3 April 2014 for AED 4,657,888, last on 8 August 2017 for AED 3,900,000 (AED 1,087 per sqft).

Source: Dubai Land Department. Updated 8 August 2017.

Questions about V021, Palma Villa

What did villa V021 last sell for?

AED 3,900,000 on 8 August 2017: AED 1,087 per sqft for 3,586 sqft. The villa has 3 registered sales; the first was AED 4,657,888 in April 2014.

How big is villa V021?

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

What is villa V021 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 V021, Palma Villa

Starts from the last sale price (AED 3.9M, 8 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

Plus AED 168,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →