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

V076, Palma Villa

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V076 · DLD and Ejari recordsUpdated 21 November 2022
Last soldAED 4.2M19 October 2022
Current rentAED 167K /yr21 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V076, Palma Villa

What is V076 worth today?

Last sold for AED 4,200,000 in 2022

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21 Nov 2022RentedNew contract
AED 166,550/yr12 months · AED 46 per sqft
19 Oct 2022SoldReady
AED 4,200,000AED 1,152 per sqft
22 Nov 2021RentedRenewal
AED 159,500/yr12 months · AED 44 per sqft
22 Nov 2020RentedNew contract
AED 145,000/yr12 months · AED 40 per sqft
22 Oct 2018RentedNew contract
AED 180,000/yr12 months · AED 49 per sqft
20 Oct 2017RentedNew contract
AED 170,000/yr12 months · AED 47 per sqft
23 Aug 2016RentedNew contract
AED 210,000/yr12 months · AED 58 per sqft
22 Dec 2015Sold by developerOff-plan
AED 4,229,888AED 1,160 per sqft

Source: Dubai Land Department. Updated 21 November 2022.

Key facts

Type
4-bed villa
Size
3,645 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,900 /yr
Last sold
AED 4.2M · October 2022
Community
Palma Villa

About V076, Palma Villa

V076 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 19 October 2022 for AED 4,200,000, or AED 1,152 per sqft, in line with the AED 1,159 four-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 21 November 2022, is AED 166,550 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 8,900 a year.

Sales and rents for V076 over time

Sales
Villa V076, 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, December 2015: AED 4,229,888 (AED 1,160 per sqft)Sold, October 2022: AED 4,200,000 (AED 1,152 per sqft)

V076 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V076, 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 295,000New contract, August 2016: AED 210,000 a yearNew contract, October 2017: AED 170,000 a yearNew contract, October 2018: AED 180,000 a yearNew contract, November 2020: AED 145,000 a yearRenewal, November 2021: AED 159,500 a yearNew contract, November 2022: AED 166,550 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 V076 sits

All 40 4-beds →

V076 last sold in October 2022 at AED 1,152 per sqft, in line with what four-beds in Palma Villa were fetching at the time (AED 1,159). 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. V076's AED 166,550 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 →

V076, Palma Villa in numbers

  • Sold twice: first on 22 December 2015 for AED 4,229,888, last on 19 October 2022 for AED 4,200,000 (AED 1,152 per sqft).
  • Rented since August 2016 on 6 Ejari contracts. The rent fell from AED 210,000 to AED 145,000 in 2020 and recovered to AED 166,550 by November 2022.
  • At AED 166,550 a year the gross yield on the 2022 price is 4.0%, 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 21 November 2022.

Questions about V076, Palma Villa

What did villa V076 last sell for?

AED 4,200,000 on 19 October 2022: AED 1,152 per sqft for 3,645 sqft. The villa has 2 registered sales; the first was AED 4,229,888 in December 2015.

What is the rent for villa V076?

AED 166,550 a year on the contract signed on 21 November 2022. The previous contract, from November 2021, was AED 159,500; the villa has been rented since August 2016.

How big is villa V076?

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

What is villa V076 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 V076, Palma Villa

Starts from the last sale price (AED 4.2M, 19 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

Plus AED 181,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →