3-bed · 3,197 sqftPalma Villa, Arabian Ranches 2 · completed 2016

V094, Palma Villa

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V094 · DLD and Ejari recordsUpdated 14 April 2023
Last soldAED 3.75M14 April 2023
Current rentAED 180K /yr31 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V094, Palma Villa

What is V094 worth today?

Last sold for AED 3,750,000 in 2023

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14 Apr 2023SoldReady
AED 3,750,000AED 1,173 per sqft
31 Aug 2022RentedRenewal
AED 180,000/yr12 months · AED 56 per sqft
31 Aug 2021RentedNew contract
AED 175,000/yr12 months · AED 55 per sqft
2 Jul 2020RentedRenewal
AED 130,000/yr12 months · AED 41 per sqft
2 Jul 2019RentedRenewal
AED 150,000/yr12 months · AED 47 per sqft
2 Jul 2018RentedRenewal
AED 160,000/yr12 months · AED 50 per sqft
2 Jul 2016RentedNew contract
AED 195,000/yr12 months · AED 61 per sqft
25 Jun 2015SoldOff-plan
AED 3,701,888AED 1,158 per sqft

Source: Dubai Land Department. Updated 14 April 2023.

Key facts

Type
3-bed villa
Size
3,197 sqft
Developer
Emaar
Completed
2016
Service charge
AED 7,800 /yr
Last sold
AED 3.75M · April 2023
Community
Palma Villa

About V094, Palma Villa

V094 is a three-bedroom villa of 3,197 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. It last sold on 14 April 2023 for AED 3,750,000, or AED 1,173 per sqft, 7% above the AED 1,094 three-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 31 August 2022, is AED 180,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 7,800 a year.

Sales and rents for V094 over time

Sales
Villa V094, each saleTypical three-bed in Palma Villa
2M4M6M20142017202020232026Typical sale price by year: 2014 AED 3,531,888; 2015 AED 3,604,888; 2016 AED 3,479,888; 2018 AED 1,851,116; 2022 AED 3,400,000; 2023 AED 3,687,500; 2024 AED 4,750,000; 2025 AED 5,550,000Sold, June 2015: AED 3,701,888 (AED 1,158 per sqft)Sold by developer, June 2015: AED 3,701,888 (AED 1,158 per sqft)Sold, April 2023: AED 3,750,000 (AED 1,173 per sqft)

V094 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa V094, each contractTypical three-bed in Palma Villa
200K2016201920222025Typical rent by year: 2016 AED 195,000; 2017 AED 188,000; 2018 AED 162,500; 2019 AED 150,000; 2020 AED 135,000; 2021 AED 152,500; 2022 AED 175,000; 2023 AED 200,576; 2024 AED 228,400; 2025 AED 270,000New contract, July 2016: AED 195,000 a yearRenewal, July 2018: AED 160,000 a yearRenewal, July 2019: AED 150,000 a yearRenewal, July 2020: AED 130,000 a yearNew contract, August 2021: AED 175,000 a yearRenewal, August 2022: AED 180,000 a year

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

3-beds in Palma Villa, and where V094 sits

All 41 3-beds →

V094 last sold in April 2023 at AED 1,173 per sqft, 7% above what three-beds in Palma Villa were fetching at the time (AED 1,094).

Recent 3-bed salesVilla no.Price (AED)Summary
4 Nov 20255,500,000
6 Oct 20255,600,000
12 May 20255,300,000
10 Feb 20255,850,000
0 3-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 →

V094, Palma Villa in numbers

  • Sold 3 times: first on 24 June 2015 for AED 3,701,888, last on 14 April 2023 for AED 3,750,000 (AED 1,173 per sqft).
  • Rented since July 2016 on 6 Ejari contracts. The rent fell from AED 195,000 to AED 130,000 in 2020 and recovered to AED 180,000 by August 2022.
  • At AED 180,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 7,800 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 14 April 2023.

Questions about V094, Palma Villa

What did villa V094 last sell for?

AED 3,750,000 on 14 April 2023: AED 1,173 per sqft for 3,197 sqft. The villa has 3 registered sales; the first was AED 3,701,888 in June 2015.

What is the rent for villa V094?

AED 180,000 a year on the contract renewed on 31 August 2022. The previous contract, from August 2021, was AED 175,000; the villa has been rented since July 2016.

How big is villa V094?

3,197 sqft (297.0 sqm): a three-bedroom villa in Palma Villa, completed in 2016.

What is villa V094 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 V094, Palma Villa

Starts from the last sale price (AED 3.75M, 14 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

Plus AED 162,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →