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

V044, Palma Villa

Sold prices and rental history: sold twice, last in June 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V044 · DLD and Ejari recordsUpdated 28 June 2021
Last soldAED 2.9M28 June 2021
Current rentAED 160K /yr16 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V044, Palma Villa

What is V044 worth today?

Last sold for AED 2,900,000 in 2021

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28 Jun 2021SoldReady
AED 2,900,000AED 907 per sqft
16 Mar 2020RentedRenewal
AED 160,000/yr12 months · AED 50 per sqft
16 Mar 2019RentedRenewal
AED 175,000/yr12 months · AED 55 per sqft
27 Feb 2017RentedNew contract
AED 190,000/yr12 months · AED 59 per sqft
17 Aug 2014Sold by developerOff-plan
AED 3,476,888AED 1,087 per sqft

Source: Dubai Land Department. Updated 28 June 2021.

Key facts

Type
3-bed villa
Size
3,197 sqft
Developer
Emaar
Completed
2016
Service charge
AED 7,800 /yr
Last sold
AED 2.9M · June 2021
Community
Palma Villa

About V044, Palma Villa

V044 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 28 June 2021 for AED 2,900,000, or AED 907 per sqft.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 16 March 2020, is AED 160,000 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 7,800 a year.

Sales and rents for V044 over time

Sales
Villa V044, 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, August 2014: AED 3,476,888 (AED 1,087 per sqft)Sold, June 2021: AED 2,900,000 (AED 907 per sqft)

V044 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V044, 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, February 2017: AED 190,000 a yearRenewal, March 2019: AED 175,000 a yearRenewal, March 2020: AED 160,000 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 V044 sits

All 41 3-beds →
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 →

V044, Palma Villa in numbers

  • Sold twice: first on 17 August 2014 for AED 3,476,888, last on 28 June 2021 for AED 2,900,000 (AED 907 per sqft).
  • Rented since February 2017 on 3 Ejari contracts, from AED 190,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2021 price is 5.5%, before a service charge of about AED 7,800 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 28 June 2021.

Questions about V044, Palma Villa

What did villa V044 last sell for?

AED 2,900,000 on 28 June 2021: AED 907 per sqft for 3,197 sqft. The villa has 2 registered sales; the first was AED 3,476,888 in August 2014.

What is the rent for villa V044?

AED 160,000 a year on the contract renewed on 16 March 2020. The previous contract, from March 2019, was AED 175,000; the villa has been rented since February 2017.

How big is villa V044?

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

What is villa V044 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 V044, Palma Villa

Starts from the last sale price (AED 2.9M, 28 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

Plus AED 126,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →