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

V035, Palma Villa

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V035 · DLD and Ejari recordsUpdated 17 July 2023
Last soldAED 3.48M25 July 2016
Current rentAED 231K /yr17 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V035, Palma Villa

What is V035 worth today?

Last sold for AED 3,476,888 in 2016

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17 Jul 2023RentedRenewal
AED 231,000/yr12 months · AED 72 per sqft
17 Jul 2022RentedNew contract
AED 200,000/yr12 months · AED 63 per sqft
17 Nov 2021RentedRenewal
AED 136,500/yr12 months · AED 43 per sqft
17 Nov 2020RentedNew contract
AED 130,000/yr12 months · AED 41 per sqft
14 Oct 2018RentedRenewal
AED 170,000/yr12 months · AED 53 per sqft
14 Oct 2017RentedNew contract
AED 188,000/yr12 months · AED 59 per sqft
25 Jul 2016Sold by developerReady
AED 3,476,888AED 1,087 per sqft

Source: Dubai Land Department. Updated 17 July 2023.

Key facts

Type
3-bed villa
Size
3,197 sqft
Developer
Emaar
Completed
2016
Service charge
AED 7,800 /yr
Last sold
AED 3.48M · July 2016
Community
Palma Villa

About V035, Palma Villa

V035 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 25 July 2016 for AED 3,476,888, or AED 1,087 per sqft, in line with the AED 1,118 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 17 July 2023, is AED 231,000 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 7,800 a year.

Sales and rents for V035 over time

Sales
Villa V035, 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, July 2016: AED 3,476,888 (AED 1,087 per sqft)

V035 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa V035, 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 270,000New contract, October 2017: AED 188,000 a yearRenewal, October 2018: AED 170,000 a yearNew contract, November 2020: AED 130,000 a yearRenewal, November 2021: AED 136,500 a yearNew contract, July 2022: AED 200,000 a yearRenewal, July 2023: AED 231,000 a year

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 V035 sits

All 41 3-beds →

V035 last sold in July 2016 at AED 1,087 per sqft, in line with what three-beds in Palma Villa were fetching at the time (AED 1,118).

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 →

V035, Palma Villa in numbers

  • Sold once: by Emaar on 25 July 2016 for AED 3,476,888, or AED 1,087 per sqft.
  • Rented since October 2017 on 6 Ejari contracts. The rent fell from AED 188,000 to AED 130,000 in 2020 and recovered to AED 231,000 by July 2023.
  • At AED 231,000 a year the gross yield on the 2016 price is 6.6%, before a service charge of about AED 7,800 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 17 July 2023.

Questions about V035, Palma Villa

What did villa V035 last sell for?

AED 3,476,888 on 25 July 2016, sold by the developer: AED 1,087 per sqft for 3,197 sqft. It is the only registered sale of the villa.

What is the rent for villa V035?

AED 231,000 a year on the contract renewed on 17 July 2023. The previous contract, from July 2022, was AED 200,000; the villa has been rented since October 2017.

How big is villa V035?

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

What is villa V035 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 V035, Palma Villa

Starts from the last sale price (AED 3.48M, 25 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,476,888
Deposit, UAE resident (20%)
AED 695,378
Deposit, non-resident (40%)
AED 1,390,755
Monthly over 25 years at 3.7%
AED 14,225

Plus AED 151,040 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →