3-bed · 3,197 sqftPalma Villa, Arabian Ranches 2 · completed 2016

V024, Palma Villa

Sold prices and rental history: sold twice, last in August 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V024 · DLD and Ejari recordsUpdated 11 August 2016
Last soldAED 3.37M11 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V024, Palma Villa

What is V024 worth today?

Last sold for AED 3,370,000 in 2016

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11 Aug 2016SoldReady
AED 3,370,000AED 1,054 per sqft
17 Aug 2014Sold by developerOff-plan
AED 3,604,888AED 1,127 per sqft

Source: Dubai Land Department. Updated 11 August 2016.

Key facts

Type
3-bed villa
Size
3,197 sqft
Developer
Emaar
Completed
2016
Service charge
AED 7,800 /yr
Last sold
AED 3.37M · August 2016
Community
Palma Villa

About V024, Palma Villa

V024 is a three-bedroom villa of 3,197 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. It last sold on 11 August 2016 for AED 3,370,000, or AED 1,054 per sqft, 6% below the AED 1,127 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for V024 over time

Sales
Villa V024, each saleTypical three-bed in Palma Villa
2M4M6M20142017202020232026Typical sale price by year: 2014 AED 3,531,888; 2015 AED 3,604,888; 2016 AED 3,479,888; 2018 AED 1,851,116; 2022 AED 3,400,000; 2023 AED 3,687,500; 2024 AED 4,750,000; 2025 AED 5,550,000Sold by developer, August 2014: AED 3,604,888 (AED 1,127 per sqft)Sold, August 2016: AED 3,370,000 (AED 1,054 per sqft)

V024 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V024, each contractTypical three-bed in Palma Villa
200K2016201920222025Typical rent by year: 2016 AED 195,000; 2017 AED 188,000; 2018 AED 162,500; 2019 AED 150,000; 2020 AED 135,000; 2021 AED 152,500; 2022 AED 175,000; 2023 AED 200,576; 2024 AED 228,400; 2025 AED 270,000

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 V024 sits

All 41 3-beds →

V024 last sold in August 2016 at AED 1,054 per sqft, 6% below what three-beds in Palma Villa were fetching at the time (AED 1,127).

Recent 3-bed salesVilla no.Price (AED)Summary
4 Nov 20255,500,000
6 Oct 20255,600,000
12 May 20255,300,000
10 Feb 20255,850,000
0 3-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 →

V024, Palma Villa in numbers

  • Sold twice: first on 17 August 2014 for AED 3,604,888, last on 11 August 2016 for AED 3,370,000 (AED 1,054 per sqft).

Source: Dubai Land Department. Updated 11 August 2016.

Questions about V024, Palma Villa

What did villa V024 last sell for?

AED 3,370,000 on 11 August 2016: AED 1,054 per sqft for 3,197 sqft. The villa has 2 registered sales; the first was AED 3,604,888 in August 2014.

How big is villa V024?

3,197 sqft (297.0 sqm): a three-bedroom villa in Palma Villa, completed in 2016.

What is villa V024 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 V024, Palma Villa

Starts from the last sale price (AED 3.37M, 11 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,370,000
Deposit, UAE resident (20%)
AED 674,000
Deposit, non-resident (40%)
AED 1,348,000
Monthly over 25 years at 3.7%
AED 13,788

Plus AED 146,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →