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

V045, Palma Villa

Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V045 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 4.3M2 November 2015
Current rentAED 340K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V045, Palma Villa

What is V045 worth today?

Last sold for AED 4,302,888 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2024RentedRenewal
AED 340,000/yr6 months · AED 95 per sqft
1 Oct 2023RentedRenewal
AED 320,000/yr12 months · AED 89 per sqft
1 Oct 2022RentedNew contract
AED 300,000/yr12 months · AED 84 per sqft
25 Aug 2021RentedNew contract
AED 209,437/yr12 months · AED 58 per sqft
16 Sep 2020RentedRenewal
AED 172,500/yr12 months · AED 48 per sqft
16 Sep 2019RentedRenewal
AED 180,000/yr12 months · AED 50 per sqft
16 Sep 2018RentedNew contract
AED 187,500/yr12 months · AED 52 per sqft
7 Sep 2016RentedNew contract
AED 200,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
5-bed villa
Size
3,586 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,700 /yr
Last sold
AED 4.3M · November 2015
Community
Palma Villa

About V045, Palma Villa

V045 is a five-bedroom villa of 3,586 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. The developer sold it on 2 November 2015 for AED 4,302,888, or AED 1,200 per sqft, 5% below the AED 1,269 five-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 340,000 a year: a gross yield of 7.9% on the 2015 price, before the service charge of about AED 8,700 a year.

Sales and rents for V045 over time

Sales
Villa V045, 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, November 2015: AED 4,302,888 (AED 1,200 per sqft)

V045 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa V045, 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, September 2016: AED 200,000 a yearNew contract, September 2018: AED 187,500 a yearRenewal, September 2019: AED 180,000 a yearRenewal, September 2020: AED 172,500 a yearNew contract, August 2021: AED 209,437 a yearNew contract, October 2022: AED 300,000 a yearRenewal, October 2023: AED 320,000 a yearRenewal, October 2024: AED 340,000 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 V045 sits

All 40 5-beds →

V045 last sold in November 2015 at AED 1,200 per sqft, 5% below what five-beds in Palma Villa were fetching at the time (AED 1,269). V045's AED 340,000 is at the top 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 →

V045, Palma Villa in numbers

  • Sold once: by Emaar on 2 November 2015 for AED 4,302,888, or AED 1,200 per sqft.
  • Rented since September 2016 on 8 Ejari contracts. The rent fell from AED 200,000 to AED 172,500 in 2020 and recovered to AED 340,000 by October 2024.
  • At AED 340,000 a year the gross yield on the 2015 price is 7.9%, before a service charge of about AED 8,700 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 1 October 2024.

Questions about V045, Palma Villa

What did villa V045 last sell for?

AED 4,302,888 on 2 November 2015, sold by the developer: AED 1,200 per sqft for 3,586 sqft. It is the only registered sale of the villa.

What is the rent for villa V045?

AED 340,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 320,000; the villa has been rented since September 2016.

How big is villa V045?

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

What is villa V045 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling V045? 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.

How OpenOffers works

Mortgage on V045, Palma Villa

Starts from the last sale price (AED 4.3M, 2 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,302,888
Deposit, UAE resident (20%)
AED 860,578
Deposit, non-resident (40%)
AED 1,721,155
Monthly over 25 years at 3.7%
AED 17,604

Plus AED 185,732 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →