V037, Palma Villa
Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V037, Palma Villa
What is V037 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 August 2024.
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 · June 2014
- Community
- Palma Villa
About V037, Palma Villa
V037 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 24 June 2014 for AED 3,476,888, or AED 1,087 per sqft, in line with the AED 1,096 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 1 August 2024, is AED 220,000 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 7,800 a year.
Sales and rents for V037 over time
V037 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 V037 sits
All 41 3-beds →V037 last sold in June 2014 at AED 1,087 per sqft, in line with what three-beds in Palma Villa were fetching at the time (AED 1,096).
| 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%
V037, Palma Villa in numbers
- Sold once: by Emaar on 24 June 2014 for AED 3,476,888, or AED 1,087 per sqft.
- Rented since July 2017 on 6 Ejari contracts. The rent fell from AED 170,000 to AED 150,000 in 2021 and recovered to AED 220,000 by August 2024.
- At AED 220,000 a year the gross yield on the 2014 price is 6.3%, before a service charge of about AED 7,800 a year (AED 2.44 per sqft).
Source: Dubai Land Department. Updated 1 August 2024.
Questions about V037, Palma Villa
What did villa V037 last sell for?
AED 3,476,888 on 24 June 2014, 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 V037?
AED 220,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2022, was AED 170,000; the villa has been rented since July 2017.
How big is villa V037?
3,197 sqft (297.0 sqm): a three-bedroom villa in Palma Villa, completed in 2016.
What is villa V037 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling V037? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on V037, Palma Villa
Starts from the last sale price (AED 3.48M, 24 June 2014). 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 →