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

V046, Palma Villa

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V046 · DLD and Ejari recordsUpdated 7 March 2023
Last soldAED 3.5M7 March 2023
Current rentAED 140K /yr20 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V046, Palma Villa

What is V046 worth today?

Last sold for AED 3,500,000 in 2023

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7 Mar 2023SoldReady
AED 3,500,000AED 1,094 per sqft
20 Jun 2022RentedRenewal
AED 140,000/yr12 months · AED 44 per sqft
20 Jun 2021RentedRenewal
AED 132,000/yr12 months · AED 41 per sqft
20 Jun 2020RentedRenewal
AED 132,000/yr12 months · AED 41 per sqft
20 Jun 2019RentedNew contract
AED 132,000/yr12 months · AED 41 per sqft
21 Jun 2015Sold by developerOff-plan
AED 3,476,888AED 1,087 per sqft

Source: Dubai Land Department. Updated 7 March 2023.

Key facts

Type
3-bed villa
Size
3,197 sqft
Developer
Emaar
Completed
2016
Service charge
AED 7,800 /yr
Last sold
AED 3.5M · March 2023
Community
Palma Villa

About V046, Palma Villa

V046 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 7 March 2023 for AED 3,500,000, or AED 1,094 per sqft, in line with the AED 1,079 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 20 June 2022, is AED 140,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 7,800 a year.

Sales and rents for V046 over time

Sales
Villa V046, 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, June 2015: AED 3,476,888 (AED 1,087 per sqft)Sold, March 2023: AED 3,500,000 (AED 1,094 per sqft)

V046 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V046, 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, June 2019: AED 132,000 a yearRenewal, June 2020: AED 132,000 a yearRenewal, June 2021: AED 132,000 a yearRenewal, June 2022: AED 140,000 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 V046 sits

All 41 3-beds →

V046 last sold in March 2023 at AED 1,094 per sqft, in line with what three-beds in Palma Villa were fetching at the time (AED 1,079).

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 →

V046, Palma Villa in numbers

  • Sold twice: first on 21 June 2015 for AED 3,476,888, last on 7 March 2023 for AED 3,500,000 (AED 1,094 per sqft).
  • Rented since June 2019 on 4 Ejari contracts, from AED 132,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 7,800 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 7 March 2023.

Questions about V046, Palma Villa

What did villa V046 last sell for?

AED 3,500,000 on 7 March 2023: AED 1,094 per sqft for 3,197 sqft. The villa has 2 registered sales; the first was AED 3,476,888 in June 2015.

What is the rent for villa V046?

AED 140,000 a year on the contract renewed on 20 June 2022. The previous contract, from June 2021, was AED 132,000; the villa has been rented since June 2019.

How big is villa V046?

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

What is villa V046 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 V046, Palma Villa

Starts from the last sale price (AED 3.5M, 7 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

Plus AED 152,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →