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

V039, Palma Villa

Sold prices and rental history: sold twice, last in June 2016, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V039 · DLD and Ejari recordsUpdated 4 October 2021
Last soldAED 3.48M22 June 2016
Current rentAED 195K /yr4 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V039, Palma Villa

What is V039 worth today?

Last sold for AED 3,479,888 in 2016

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4 Oct 2021RentedNew contract
AED 195,000/yr12 months · AED 61 per sqft
24 Jul 2016RentedNew contract
AED 195,000/yr12 months · AED 61 per sqft
22 Jun 2016SoldReady
AED 3,479,888AED 1,088 per sqft
24 Feb 2016Sold by developerOff-plan
AED 3,476,888AED 1,087 per sqft

Source: Dubai Land Department. Updated 4 October 2021.

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 2016
Community
Palma Villa

About V039, Palma Villa

V039 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 22 June 2016 for AED 3,479,888, or AED 1,088 per sqft, 3% below the AED 1,127 three-beds in the community were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 4 October 2021, is AED 195,000 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 7,800 a year.

Sales and rents for V039 over time

Sales
Villa V039, 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, February 2016: AED 3,476,888 (AED 1,087 per sqft)Sold, June 2016: AED 3,479,888 (AED 1,088 per sqft)

V039 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V039, 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, July 2016: AED 195,000 a yearNew contract, October 2021: AED 195,000 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 V039 sits

All 41 3-beds →

V039 last sold in June 2016 at AED 1,088 per sqft, 3% 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 →

V039, Palma Villa in numbers

  • Sold twice: first on 24 February 2016 for AED 3,476,888, last on 22 June 2016 for AED 3,479,888 (AED 1,088 per sqft).
  • Rented since July 2016 on 2 Ejari contracts, at AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2016 price is 5.6%, before a service charge of about AED 7,800 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 4 October 2021.

Questions about V039, Palma Villa

What did villa V039 last sell for?

AED 3,479,888 on 22 June 2016: AED 1,088 per sqft for 3,197 sqft. The villa has 2 registered sales; the first was AED 3,476,888 in February 2016.

What is the rent for villa V039?

AED 195,000 a year on the contract signed on 4 October 2021. The previous contract, from July 2016, was AED 195,000.

How big is villa V039?

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

What is villa V039 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 V039, Palma Villa

Starts from the last sale price (AED 3.48M, 22 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,479,888
Deposit, UAE resident (20%)
AED 695,978
Deposit, non-resident (40%)
AED 1,391,955
Monthly over 25 years at 3.7%
AED 14,237

Plus AED 151,166 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →