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

V078, Palma Villa

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

Villa V078 · DLD and Ejari recordsUpdated 21 July 2022
Last soldAED 4.5M21 July 2022
Current rentAED 170K /yr20 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V078, Palma Villa

What is V078 worth today?

Last sold for AED 4,500,000 in 2022

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21 Jul 2022SoldReady
AED 4,500,000AED 1,255 per sqft
20 Aug 2021RentedRenewal
AED 170,000/yr12 months · AED 47 per sqft
20 Aug 2020RentedRenewal
AED 155,000/yr12 months · AED 43 per sqft
20 Aug 2019RentedRenewal
AED 170,000/yr12 months · AED 47 per sqft
20 Aug 2018RentedRenewal
AED 175,000/yr12 months · AED 49 per sqft
20 Aug 2017RentedRenewal
AED 200,000/yr12 months · AED 56 per sqft
20 Sep 2016Sold by developerReady
AED 4,460,888AED 1,244 per sqft
20 Aug 2016RentedNew contract
AED 200,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 21 July 2022.

Key facts

Type
5-bed villa
Size
3,586 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,700 /yr
Last sold
AED 4.5M · July 2022
Community
Palma Villa

About V078, Palma Villa

V078 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 21 July 2022 for AED 4,500,000, or AED 1,255 per sqft, in line with the AED 1,227 five-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 20 August 2021, is AED 170,000 a year: a gross yield of 3.8% on the 2022 price, before the service charge of about AED 8,700 a year.

Sales and rents for V078 over time

Sales
Villa V078, 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, September 2016: AED 4,460,888 (AED 1,244 per sqft)Sold, July 2022: AED 4,500,000 (AED 1,255 per sqft)

V078 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V078, 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, August 2016: AED 200,000 a yearRenewal, August 2017: AED 200,000 a yearRenewal, August 2018: AED 175,000 a yearRenewal, August 2019: AED 170,000 a yearRenewal, August 2020: AED 155,000 a yearRenewal, August 2021: AED 170,000 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 V078 sits

All 40 5-beds →

V078 last sold in July 2022 at AED 1,255 per sqft, in line with what five-beds in Palma Villa were fetching at the time (AED 1,227). V078's AED 170,000 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 →

V078, Palma Villa in numbers

  • Sold twice: first on 20 September 2016 for AED 4,460,888, last on 21 July 2022 for AED 4,500,000 (AED 1,255 per sqft).
  • Rented since August 2016 on 6 Ejari contracts, from AED 200,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2022 price is 3.8%, before a service charge of about AED 8,700 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 21 July 2022.

Questions about V078, Palma Villa

What did villa V078 last sell for?

AED 4,500,000 on 21 July 2022: AED 1,255 per sqft for 3,586 sqft. The villa has 2 registered sales; the first was AED 4,460,888 in September 2016.

What is the rent for villa V078?

AED 170,000 a year on the contract renewed on 20 August 2021. The previous contract, from August 2020, was AED 155,000; the villa has been rented since August 2016.

How big is villa V078?

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

What is villa V078 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 V078, Palma Villa

Starts from the last sale price (AED 4.5M, 21 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus AED 194,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →