4-bed · 1,823 sqftPalma Villa, Arabian Ranches 2 · completed 2016

V022, Palma Villa

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

Villa V022 · DLD and Ejari recordsUpdated 19 January 2017
Last soldAED 2.1M19 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V022, Palma Villa

What is V022 worth today?

Last sold for AED 2,104,000 in 2017

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19 Jan 2017SoldReady
AED 2,104,000AED 1,154 per sqft
26 Oct 2014SoldOff-plan
AED 4,208,000AED 1,154 per sqft
14 Oct 2014Sold by developerOff-plan
AED 4,166,888AED 1,143 per sqft

Source: Dubai Land Department. Updated 19 January 2017.

Key facts

Type
4-bed villa
Size
1,823 sqft
Developer
Emaar
Completed
2016
Service charge
AED 4,400 /yr
Last sold
AED 2.1M · January 2017
Community
Palma Villa

About V022, Palma Villa

V022 is a four-bedroom villa of 1,823 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. It last sold on 19 January 2017 for AED 2,104,000, or AED 1,154 per sqft, in line with the AED 1,158 four-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V022 over time

Sales
Villa V022, each saleTypical four-bed in Palma Villa
2.5M5M7.5M20142017202020232026Typical 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, October 2014: AED 4,208,000 (AED 1,154 per sqft)Sold by developer, October 2014: AED 4,166,888 (AED 1,143 per sqft)Sold, January 2017: AED 2,104,000 (AED 1,154 per sqft)

V022 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V022, 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 295,000

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 V022 sits

All 40 4-beds →

V022 last sold in January 2017 at AED 1,154 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.

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 →

V022, Palma Villa in numbers

  • Sold 3 times: first on 14 October 2014 for AED 4,166,888, last on 19 January 2017 for AED 2,104,000 (AED 1,154 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 19 January 2017.

Questions about V022, Palma Villa

What did villa V022 last sell for?

AED 2,104,000 on 19 January 2017: AED 1,154 per sqft for 1,823 sqft. The villa has 3 registered sales; the first was AED 4,166,888 in October 2014.

How big is villa V022?

1,823 sqft (169.4 sqm): a four-bedroom villa in Palma Villa, completed in 2016.

What is villa V022 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 V022, Palma Villa

Starts from the last sale price (AED 2.1M, 19 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,104,000
Deposit, UAE resident (20%)
AED 420,800
Deposit, non-resident (40%)
AED 841,600
Monthly over 25 years at 3.7%
AED 8,608

Plus AED 93,378 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →