4-bed · 3,589 sqftPalma Villa, Arabian Ranches 2 · completed 2016

V099, Palma Villa

Sold prices and rental history: sold 3 times, last in November 2018, and rented once, from July 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V099 · DLD and Ejari recordsUpdated 7 November 2018
Last soldAED 3M7 November 2018
Current rentAED 240K /yr25 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V099, Palma Villa

What is V099 worth today?

Last sold for AED 3,000,000 in 2018

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7 Nov 2018SoldReady
AED 3,000,000AED 835 per sqft
25 Jul 2017RentedNew contract
AED 240,000/yr12 months · AED 67 per sqft
8 Dec 2016SoldReady
AED 1,800,000AED 501 per sqft
8 Mar 2016Sold by developerOff-plan
AED 4,199,888AED 1,170 per sqft

Source: Dubai Land Department. Updated 7 November 2018.

Key facts

Type
4-bed villa
Size
3,589 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,800 /yr
Last sold
AED 3M · November 2018
Community
Palma Villa

About V099, Palma Villa

V099 is a four-bedroom villa of 3,589 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. It last sold on 7 November 2018 for AED 3,000,000, or AED 835 per sqft.

One Ejari contract is registered, from 25 July 2017. The current contract, signed on 25 July 2017, is AED 240,000 a year: a gross yield of 8.0% on the 2018 price, before the service charge of about AED 8,800 a year.

Sales and rents for V099 over time

Sales
Villa V099, each saleTypical four-bed in Palma Villa
2.5M5M7.5M20142017202020232026Typical 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, March 2016: AED 4,199,888 (AED 1,170 per sqft)Sold, December 2016: AED 1,800,000 (AED 501 per sqft)Sold, November 2018: AED 3,000,000 (AED 835 per sqft)

V099 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa V099, 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 240,000 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 V099 sits

All 40 4-beds →

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. V099's AED 240,000 is in the lower 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 →

V099, Palma Villa in numbers

  • Sold 3 times: first on 8 March 2016 for AED 4,199,888, last on 7 November 2018 for AED 3,000,000 (AED 835 per sqft).
  • Rented since July 2017 on one Ejari contract, at AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2018 price is 8.0%, before a service charge of about AED 8,800 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 7 November 2018.

Questions about V099, Palma Villa

What did villa V099 last sell for?

AED 3,000,000 on 7 November 2018: AED 835 per sqft for 3,589 sqft. The villa has 3 registered sales; the first was AED 4,199,888 in March 2016.

What is the rent for villa V099?

AED 240,000 a year on the contract signed on 25 July 2017.

How big is villa V099?

3,589 sqft (333.4 sqm): a four-bedroom villa in Palma Villa, completed in 2016.

What is villa V099 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 V099, Palma Villa

Starts from the last sale price (AED 3M, 7 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →