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

V049, Palma Villa

Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V049 · DLD and Ejari recordsUpdated 25 October 2022
Last soldAED 4.3M21 December 2015
Current rentAED 260K /yr25 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V049, Palma Villa

What is V049 worth today?

Last sold for AED 4,302,888 in 2015

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25 Oct 2022RentedNew contract
AED 260,000/yr12 months · AED 73 per sqft
20 Aug 2021RentedRenewal
AED 160,000/yr12 months · AED 45 per sqft
20 Aug 2020RentedNew contract
AED 150,000/yr12 months · AED 42 per sqft
1 Jan 2018RentedRenewal
AED 190,000/yr12 months · AED 53 per sqft
1 Jan 2017RentedNew contract
AED 210,000/yr12 months · AED 59 per sqft
21 Dec 2015Sold by developerOff-plan
AED 4,302,888AED 1,200 per sqft

Source: Dubai Land Department. Updated 25 October 2022.

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 · December 2015
Community
Palma Villa

About V049, Palma Villa

V049 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 21 December 2015 for AED 4,302,888, or AED 1,200 per sqft, 5% below the AED 1,260 five-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 25 October 2022, is AED 260,000 a year: a gross yield of 6.0% on the 2015 price, before the service charge of about AED 8,700 a year.

Sales and rents for V049 over time

Sales
Villa V049, 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, December 2015: AED 4,302,888 (AED 1,200 per sqft)

V049 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa V049, 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, January 2017: AED 210,000 a yearRenewal, January 2018: AED 190,000 a yearNew contract, August 2020: AED 150,000 a yearRenewal, August 2021: AED 160,000 a yearNew contract, October 2022: AED 260,000 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 V049 sits

All 40 5-beds →

V049 last sold in December 2015 at AED 1,200 per sqft, 5% below what five-beds in Palma Villa were fetching at the time (AED 1,260). V049's AED 260,000 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 →

V049, Palma Villa in numbers

  • Sold once: by Emaar on 21 December 2015 for AED 4,302,888, or AED 1,200 per sqft.
  • Rented since January 2017 on 5 Ejari contracts. The rent fell from AED 210,000 to AED 150,000 in 2020 and recovered to AED 260,000 by October 2022.
  • At AED 260,000 a year the gross yield on the 2015 price is 6.0%, before a service charge of about AED 8,700 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 25 October 2022.

Questions about V049, Palma Villa

What did villa V049 last sell for?

AED 4,302,888 on 21 December 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 V049?

AED 260,000 a year on the contract signed on 25 October 2022. The previous contract, from August 2021, was AED 160,000; the villa has been rented since January 2017.

How big is villa V049?

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

What is villa V049 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 V049, Palma Villa

Starts from the last sale price (AED 4.3M, 21 December 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 →