V059, Palma Villa
Sold prices and rental history: sold twice, last in November 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for V059, Palma Villa
What is V059 worth today?
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Source: Dubai Land Department. Updated 2 November 2023.
Key facts
- Type
- 5-bed villa
- Size
- 3,586 sqft
- Developer
- Emaar
- Completed
- 2016
- Service charge
- AED 8,700 /yr
- Last sold
- AED 4.93M · November 2023
- Community
- Palma Villa
About V059, Palma Villa
V059 is a five-bedroom villa of 3,586 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. It last sold on 2 November 2023 for AED 4,930,000, or AED 1,374 per sqft, 9% above the AED 1,262 five-beds in the community were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 31 October 2022, is AED 163,937 a year: a gross yield of 3.3% on the 2023 price, before the service charge of about AED 8,700 a year.
Sales and rents for V059 over time
V059 has sold twice; the dashed line is the five-bed median of each year in the community.
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 V059 sits
All 40 5-beds →V059 last sold in November 2023 at AED 1,374 per sqft, 9% above what five-beds in Palma Villa were fetching at the time (AED 1,262). V059's AED 163,937 is at the bottom of that range.
| Recent 5-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202524 July 2025 | 3,586 sqft | 6,350,000 | 1,770 | ||
| 28 Apr 202528 April 2025 | 3,586 sqft | 6,225,000 | 1,736 | ||
| 22 Nov 202422 November 2024 | 3,586 sqft | 6,000,000 | 1,673 | ||
| 4 Jun 20244 June 2024 | 3,586 sqft | 4,990,000 | 1,391 |
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%
V059, Palma Villa in numbers
- Sold twice: first on 20 December 2015 for AED 4,732,888, last on 2 November 2023 for AED 4,930,000 (AED 1,374 per sqft).
- Rented since June 2018 on 3 Ejari contracts, from AED 170,000 to AED 163,937 a year.
- At AED 163,937 a year the gross yield on the 2023 price is 3.3%, before a service charge of about AED 8,700 a year (AED 2.44 per sqft).
Source: Dubai Land Department. Updated 2 November 2023.
Questions about V059, Palma Villa
What did villa V059 last sell for?
AED 4,930,000 on 2 November 2023: AED 1,374 per sqft for 3,586 sqft. The villa has 2 registered sales; the first was AED 4,732,888 in December 2015.
What is the rent for villa V059?
AED 163,937 a year on the contract renewed on 31 October 2022. The previous contract, from October 2021, was AED 152,500; the villa has been rented since June 2018.
How big is villa V059?
3,586 sqft (333.2 sqm): a five-bedroom villa in Palma Villa, completed in 2016.
What is villa V059 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 V059, Palma Villa
Starts from the last sale price (AED 4.93M, 2 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,930,000
- Deposit, UAE resident (20%)
- AED 986,000
- Deposit, non-resident (40%)
- AED 1,972,000
- Monthly over 25 years at 3.7%
- AED 20,170
Plus AED 212,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →