5-bed · 3,586 sqftPalma Villa, Arabian Ranches 2 · completed 2016

V041, Palma Villa

Sold prices and rental history: sold twice, last in April 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V041 · DLD and Ejari recordsUpdated 6 April 2023
Last soldAED 4.55M6 April 2023
Current rentAED 230K /yr3 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V041, Palma Villa

What is V041 worth today?

Last sold for AED 4,550,000 in 2023

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6 Apr 2023SoldReady
AED 4,550,000AED 1,268 per sqft
3 Aug 2021RentedNew contract
AED 230,000/yr12 months · AED 64 per sqft
16 Aug 2019RentedRenewal
AED 165,000/yr18 months · AED 46 per sqft
16 Aug 2018RentedNew contract
AED 165,000/yr12 months · AED 46 per sqft
10 Aug 2017Sold by developerReady
AED 4,347,888AED 1,212 per sqft

Source: Dubai Land Department. Updated 6 April 2023.

Key facts

Type
5-bed villa
Size
3,586 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,700 /yr
Last sold
AED 4.55M · April 2023
Community
Palma Villa

About V041, Palma Villa

V041 is a five-bedroom villa of 3,586 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. It last sold on 6 April 2023 for AED 4,550,000, or AED 1,268 per sqft, in line with the AED 1,234 five-beds in the community were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 3 August 2021, is AED 230,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 8,700 a year.

Sales and rents for V041 over time

Sales
Villa V041, each saleTypical five-bed in Palma Villa
4.5M5M2014201720202023Typical sale price by year: 2014 AED 4,657,888; 2015 AED 4,505,888; 2016 AED 4,572,888; 2017 AED 4,411,444; 2022 AED 4,335,000; 2023 AED 4,700,000; 2024 AED 5,100,000Sold by developer, August 2017: AED 4,347,888 (AED 1,212 per sqft)Sold, April 2023: AED 4,550,000 (AED 1,268 per sqft)

V041 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V041, each contractTypical five-bed in Palma Villa
200K300K2016201920222025Typical rent by year: 2016 AED 220,000; 2017 AED 210,000; 2018 AED 179,517; 2019 AED 175,000; 2020 AED 161,000; 2021 AED 170,500; 2022 AED 237,500; 2023 AED 260,000; 2024 AED 315,000; 2025 AED 325,000New contract, August 2018: AED 165,000 a yearRenewal, August 2019: AED 165,000 a yearNew contract, August 2021: AED 230,000 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.

5-beds in Palma Villa, and where V041 sits

All 40 5-beds →

V041 last sold in April 2023 at AED 1,268 per sqft, in line with what five-beds in Palma Villa were fetching at the time (AED 1,234). V041's AED 230,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
24 Jul 20256,350,000
28 Apr 20256,225,000
22 Nov 20246,000,000
4 Jun 20244,990,000
0 5-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 →

V041, Palma Villa in numbers

  • Sold twice: first on 10 August 2017 for AED 4,347,888, last on 6 April 2023 for AED 4,550,000 (AED 1,268 per sqft).
  • Rented since August 2018 on 3 Ejari contracts, from AED 165,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 8,700 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 6 April 2023.

Questions about V041, Palma Villa

What did villa V041 last sell for?

AED 4,550,000 on 6 April 2023: AED 1,268 per sqft for 3,586 sqft. The villa has 2 registered sales; the first was AED 4,347,888 in August 2017.

What is the rent for villa V041?

AED 230,000 a year on the contract signed on 3 August 2021. The previous contract, from August 2019, was AED 165,000; the villa has been rented since August 2018.

How big is villa V041?

3,586 sqft (333.2 sqm): a five-bedroom villa in Palma Villa, completed in 2016.

What is villa V041 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 V041, Palma Villa

Starts from the last sale price (AED 4.55M, 6 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,550,000
Deposit, UAE resident (20%)
AED 910,000
Deposit, non-resident (40%)
AED 1,820,000
Monthly over 25 years at 3.7%
AED 18,615

Plus AED 196,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →