V023, Palma Villa
Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V023, Palma Villa
What is V023 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 October 2025.
Key facts
- Type
- 3-bed villa
- Size
- 3,197 sqft
- Developer
- Emaar
- Completed
- 2016
- Service charge
- AED 7,800 /yr
- Last sold
- AED 3.6M · August 2014
- Community
- Palma Villa
About V023, Palma Villa
V023 is a three-bedroom villa of 3,197 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. The developer sold it on 17 August 2014 for AED 3,604,888, or AED 1,127 per sqft, in line with the AED 1,104 three-beds in the community were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 27 October 2025, is AED 290,000 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 7,800 a year.
Sales and rents for V023 over time
V023 has sold once; the dashed line is the three-bed median of each year in the community.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.
3-beds in Palma Villa, and where V023 sits
All 41 3-beds →V023 last sold in August 2014 at AED 1,127 per sqft, in line with what three-beds in Palma Villa were fetching at the time (AED 1,104).
| Recent 3-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20254 November 2025 | 3,197 sqft | 5,500,000 | 1,720 | ||
| 6 Oct 20256 October 2025 | 3,197 sqft | 5,600,000 | 1,751 | ||
| 12 May 202512 May 2025 | 3,197 sqft | 5,300,000 | 1,657 | ||
| 10 Feb 202510 February 2025 | 3,197 sqft | 5,850,000 | 1,830 |
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%
V023, Palma Villa in numbers
- Sold once: by Emaar on 17 August 2014 for AED 3,604,888, or AED 1,127 per sqft.
- Rented since July 2016 on 10 Ejari contracts. The rent fell from AED 195,000 to AED 135,000 in 2020 and recovered to AED 290,000 by October 2025.
- At AED 290,000 a year the gross yield on the 2014 price is 8.0%, before a service charge of about AED 7,800 a year (AED 2.44 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 27 October 2025.
Questions about V023, Palma Villa
What did villa V023 last sell for?
AED 3,604,888 on 17 August 2014, sold by the developer: AED 1,127 per sqft for 3,197 sqft. It is the only registered sale of the villa.
What is the rent for villa V023?
AED 290,000 a year on the contract renewed on 27 October 2025. The previous contract, from August 2025, was AED 270,000; the villa has been rented since July 2016.
How big is villa V023?
3,197 sqft (297.0 sqm): a three-bedroom villa in Palma Villa, completed in 2016.
What is villa V023 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 V023, Palma Villa
Starts from the last sale price (AED 3.6M, 17 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,604,888
- Deposit, UAE resident (20%)
- AED 720,978
- Deposit, non-resident (40%)
- AED 1,441,955
- Monthly over 25 years at 3.7%
- AED 14,749
Plus AED 156,416 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →