V042, Palma Villa
Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V042, Palma Villa
What is V042 worth today?
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Source: Dubai Land Department. Updated 15 June 2024.
Key facts
- Type
- 3-bed villa
- Size
- 3,197 sqft
- Developer
- Emaar
- Completed
- 2016
- Service charge
- AED 7,800 /yr
- Last sold
- AED 3.63M · January 2023
- Community
- Palma Villa
About V042, Palma Villa
V042 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 24 January 2023 for AED 3,625,000, or AED 1,133 per sqft, 7% above the AED 1,063 three-beds in the community were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 15 June 2024, is AED 260,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 7,800 a year.
Sales and rents for V042 over time
V042 has sold twice; 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 V042 sits
All 41 3-beds →V042 last sold in January 2023 at AED 1,133 per sqft, 7% above what three-beds in Palma Villa were fetching at the time (AED 1,063).
| 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%
V042, Palma Villa in numbers
- Sold twice: first on 17 February 2016 for AED 3,476,888, last on 24 January 2023 for AED 3,625,000 (AED 1,133 per sqft).
- Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 190,000 to AED 140,000 in 2021 and recovered to AED 260,000 by June 2024.
- At AED 260,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 7,800 a year (AED 2.44 per sqft).
Source: Dubai Land Department. Updated 15 June 2024.
Questions about V042, Palma Villa
What did villa V042 last sell for?
AED 3,625,000 on 24 January 2023: AED 1,133 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 V042?
AED 260,000 a year on the contract signed on 15 June 2024. The previous contract, from April 2023, was AED 250,000; the villa has been rented since October 2016.
How big is villa V042?
3,197 sqft (297.0 sqm): a three-bedroom villa in Palma Villa, completed in 2016.
What is villa V042 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 V042, Palma Villa
Starts from the last sale price (AED 3.63M, 24 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,625,000
- Deposit, UAE resident (20%)
- AED 725,000
- Deposit, non-resident (40%)
- AED 1,450,000
- Monthly over 25 years at 3.7%
- AED 14,831
Plus AED 157,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →