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4-bed · 3,645 sqftPalma Villa, Arabian Ranches 2 · completed 2016

V064, Palma Villa

Sold prices and rental history: sold twice, last in May 2019, and rented once, from July 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V064 · DLD and Ejari recordsUpdated 2 May 2019
Last soldAED 2.75M2 May 2019
Current rentAED 180K /yr25 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V064, Palma Villa

What is V064 worth today?

Last sold for AED 2,750,000 in 2019

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2 May 2019SoldReady
AED 2,750,000AED 754 per sqft
25 Jul 2018RentedRenewal
AED 180,000/yr12 months · AED 49 per sqft
17 Aug 2014Sold by developerOff-plan
AED 4,411,888AED 1,210 per sqft

Source: Dubai Land Department. Updated 2 May 2019.

Key facts

Type
4-bed villa
Size
3,645 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,900 /yr
Last sold
AED 2.75M · May 2019
Community
Palma Villa

About V064, Palma Villa

V064 is a four-bedroom villa of 3,645 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. It last sold on 2 May 2019 for AED 2,750,000, or AED 754 per sqft, in line with the AED 754 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 25 July 2018. The current contract, renewed on 25 July 2018, is AED 180,000 a year: a gross yield of 6.6% on the 2019 price, before the service charge of about AED 8,900 a year.

Sales and rents for V064 over time

Sales
Villa V064, each saleTypical four-bed in Palma Villa
4M6M20142017202020232026Typical sale price by year: 2014 AED 4,139,888; 2015 AED 4,136,388; 2016 AED 4,199,888; 2017 AED 4,393,888; 2021 AED 3,600,250; 2022 AED 4,270,000; 2023 AED 4,425,000; 2025 AED 6,850,000Sold by developer, August 2014: AED 4,411,888 (AED 1,210 per sqft)Sold, May 2019: AED 2,750,000 (AED 754 per sqft)

V064 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V064, each contractTypical four-bed in Palma Villa
200K300K2016201920222025Typical rent by year: 2016 AED 216,500; 2017 AED 205,000; 2018 AED 175,500; 2019 AED 167,500; 2020 AED 154,213; 2021 AED 162,750; 2022 AED 210,000; 2023 AED 290,000; 2024 AED 300,000; 2025 AED 295,000Renewal, July 2018: AED 180,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Palma Villa, and where V064 sits

All 40 4-beds →

V064 last sold in May 2019 at AED 754 per sqft, in line with what four-beds in Palma Villa were fetching at the time (AED 754). Over the last 12 months four-beds sold for AED 6,700,000 to 7,000,000, around AED 1,879 per sqft, and rent for AED 230,120 to 345,000 a year. V064's AED 180,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
9 Dec 20257,000,000
28 Nov 20256,700,000
23 Jun 20257,700,000
6 Jan 20255,700,000
2 4-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 →

V064, Palma Villa in numbers

  • Sold twice: first on 17 August 2014 for AED 4,411,888, last on 2 May 2019 for AED 2,750,000 (AED 754 per sqft).
  • Rented since July 2018 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2019 price is 6.6%, before a service charge of about AED 8,900 a year (AED 2.44 per sqft).
  • Four-beds in Palma Villa sold for AED 6,700,000–7,000,000 in the 12 months to November 2026; the community's median across all types is AED 1,879 per sqft.

Source: Dubai Land Department. Updated 2 May 2019.

Questions about V064, Palma Villa

What did villa V064 last sell for?

AED 2,750,000 on 2 May 2019: AED 754 per sqft for 3,645 sqft. The villa has 2 registered sales; the first was AED 4,411,888 in August 2014.

What is the rent for villa V064?

AED 180,000 a year on the contract renewed on 25 July 2018.

How big is villa V064?

3,645 sqft (338.6 sqm): a four-bedroom villa in Palma Villa, completed in 2016.

What is villa V064 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Palma Villa sold for AED 6,700,000 to 7,000,000 in the last 12 months, around AED 1,879 per sqft.

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Mortgage on V064, Palma Villa

Starts from the last sale price (AED 2.75M, 2 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

Plus AED 120,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →