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

V102, Palma Villa

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V102 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 4.04M17 August 2014
Current rentAED 310K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V102, Palma Villa

What is V102 worth today?

Last sold for AED 4,037,888 in 2014

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15 Jul 2024RentedNew contract
AED 310,000/yr12 months · AED 86 per sqft
16 Jul 2023RentedNew contract
AED 180,000/yr12 months · AED 50 per sqft
16 Jul 2022RentedRenewal
AED 170,887/yr12 months · AED 48 per sqft
16 Jul 2021RentedRenewal
AED 162,750/yr12 months · AED 45 per sqft
16 Jul 2019RentedRenewal
AED 165,000/yr12 months · AED 46 per sqft
17 Aug 2017RentedRenewal
AED 213,374/yr11 months · AED 59 per sqft
17 Aug 2016RentedNew contract
AED 220,000/yr12 months · AED 61 per sqft
17 Aug 2014Sold by developerOff-plan
AED 4,037,888AED 1,124 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
4-bed villa
Size
3,589 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,800 /yr
Last sold
AED 4.04M · August 2014
Community
Palma Villa

About V102, Palma Villa

V102 is a four-bedroom villa of 3,589 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. The developer sold it on 17 August 2014 for AED 4,037,888, or AED 1,124 per sqft, in line with the AED 1,143 four-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 15 July 2024, is AED 310,000 a year: a gross yield of 7.7% on the 2014 price, before the service charge of about AED 8,800 a year.

Sales and rents for V102 over time

Sales
Villa V102, 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, August 2014: AED 4,037,888 (AED 1,124 per sqft)

V102 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa V102, 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 220,000 a yearRenewal, August 2017: AED 213,374 a yearRenewal, July 2019: AED 165,000 a yearRenewal, July 2021: AED 162,750 a yearRenewal, July 2022: AED 170,887 a yearNew contract, July 2023: AED 180,000 a yearNew contract, July 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 V102 sits

All 40 4-beds →

V102 last sold in August 2014 at AED 1,124 per sqft, in line with what four-beds in Palma Villa were fetching at the time (AED 1,143). 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. V102'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 →

V102, Palma Villa in numbers

  • Sold once: by Emaar on 17 August 2014 for AED 4,037,888, or AED 1,124 per sqft.
  • Rented since August 2016 on 7 Ejari contracts. The rent fell from AED 220,000 to AED 162,750 in 2021 and recovered to AED 310,000 by July 2024.
  • At AED 310,000 a year the gross yield on the 2014 price is 7.7%, 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 15 July 2024.

Questions about V102, Palma Villa

What did villa V102 last sell for?

AED 4,037,888 on 17 August 2014, sold by the developer: AED 1,124 per sqft for 3,589 sqft. It is the only registered sale of the villa.

What is the rent for villa V102?

AED 310,000 a year on the contract signed on 15 July 2024. The previous contract, from July 2023, was AED 180,000; the villa has been rented since August 2016.

How big is villa V102?

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

What is villa V102 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 V102, Palma Villa

Starts from the last sale price (AED 4.04M, 17 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,037,888
Deposit, UAE resident (20%)
AED 807,578
Deposit, non-resident (40%)
AED 1,615,155
Monthly over 25 years at 3.7%
AED 16,520

Plus AED 174,602 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →