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

V087, Palma Villa

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

Villa V087 · DLD and Ejari recordsUpdated 24 August 2024
Last soldAED 4.3M2 November 2015
Current rentAED 310K /yr24 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V087, Palma Villa

What is V087 worth today?

Last sold for AED 4,304,888 in 2015

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24 Aug 2024RentedNew contract
AED 310,000/yr24 months · AED 85 per sqft
20 Aug 2023RentedNew contract
AED 260,000/yr12 months · AED 71 per sqft
20 Aug 2022RentedNew contract
AED 260,000/yr12 months · AED 71 per sqft
25 Jul 2021RentedRenewal
AED 180,000/yr12 months · AED 49 per sqft
25 Jul 2020RentedRenewal
AED 166,000/yr12 months · AED 46 per sqft
25 Jul 2019RentedRenewal
AED 175,000/yr12 months · AED 48 per sqft
25 Jul 2018RentedRenewal
AED 175,000/yr12 months · AED 48 per sqft
25 Jul 2017RentedNew contract
AED 195,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 24 August 2024.

Key facts

Type
4-bed villa
Size
3,645 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,900 /yr
Last sold
AED 4.3M · November 2015
Community
Palma Villa

About V087, Palma Villa

V087 is a four-bedroom villa of 3,645 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. The developer sold it on 2 November 2015 for AED 4,304,888, or AED 1,181 per sqft, in line with the AED 1,151 four-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 24 August 2024, is AED 310,000 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 8,900 a year.

Sales and rents for V087 over time

Sales
Villa V087, 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, November 2015: AED 4,304,888 (AED 1,181 per sqft)

V087 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V087, 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, July 2017: AED 195,000 a yearRenewal, July 2018: AED 175,000 a yearRenewal, July 2019: AED 175,000 a yearRenewal, July 2020: AED 166,000 a yearRenewal, July 2021: AED 180,000 a yearNew contract, August 2022: AED 260,000 a yearNew contract, August 2023: AED 260,000 a yearNew contract, August 2024: AED 310,000 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 V087 sits

All 40 4-beds →

V087 last sold in November 2015 at AED 1,181 per sqft, in line with what four-beds in Palma Villa were fetching at the time (AED 1,151). 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. V087's AED 310,000 is in the upper half 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 →

V087, Palma Villa in numbers

  • Sold once: by Emaar on 2 November 2015 for AED 4,304,888, or AED 1,181 per sqft.
  • Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 195,000 to AED 166,000 in 2020 and recovered to AED 310,000 by August 2024.
  • At AED 310,000 a year the gross yield on the 2015 price is 7.2%, 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 24 August 2024.

Questions about V087, Palma Villa

What did villa V087 last sell for?

AED 4,304,888 on 2 November 2015, sold by the developer: AED 1,181 per sqft for 3,645 sqft. It is the only registered sale of the villa.

What is the rent for villa V087?

AED 310,000 a year on the contract signed on 24 August 2024. The previous contract, from August 2023, was AED 260,000; the villa has been rented since July 2017.

How big is villa V087?

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

What is villa V087 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 V087, Palma Villa

Starts from the last sale price (AED 4.3M, 2 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,304,888
Deposit, UAE resident (20%)
AED 860,978
Deposit, non-resident (40%)
AED 1,721,955
Monthly over 25 years at 3.7%
AED 17,613

Plus AED 185,816 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →