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

V104, Palma Villa

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V104 · DLD and Ejari recordsUpdated 9 June 2023
Last soldAED 4.45M9 June 2023
Current rentAED 154K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V104, Palma Villa

What is V104 worth today?

Last sold for AED 4,450,000 in 2023

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9 Jun 2023SoldReady
AED 4,450,000AED 1,220 per sqft
15 Aug 2022RentedRenewal
AED 154,000/yr13 months · AED 42 per sqft
15 Jul 2021RentedRenewal
AED 140,000/yr13 months · AED 38 per sqft
15 Jun 2020RentedRenewal
AED 140,000/yr13 months · AED 38 per sqft
15 Jun 2019RentedNew contract
AED 140,000/yr12 months · AED 38 per sqft
7 Sep 2017Sold by developerReady
AED 4,466,888AED 1,225 per sqft

Source: Dubai Land Department. Updated 9 June 2023.

Key facts

Type
4-bed villa
Size
3,645 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,900 /yr
Last sold
AED 4.45M · June 2023
Community
Palma Villa

About V104, Palma Villa

V104 is a four-bedroom villa of 3,645 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. It last sold on 9 June 2023 for AED 4,450,000, or AED 1,220 per sqft, in line with the AED 1,205 four-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 15 August 2022, is AED 154,000 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 8,900 a year.

Sales and rents for V104 over time

Sales
Villa V104, 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, September 2017: AED 4,466,888 (AED 1,225 per sqft)Sold, June 2023: AED 4,450,000 (AED 1,220 per sqft)

V104 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa V104, 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, June 2019: AED 140,000 a yearRenewal, June 2020: AED 140,000 a yearRenewal, July 2021: AED 140,000 a yearRenewal, August 2022: AED 154,000 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 V104 sits

All 40 4-beds →

V104 last sold in June 2023 at AED 1,220 per sqft, in line with what four-beds in Palma Villa were fetching at the time (AED 1,205). 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. V104's AED 154,000 is at the bottom 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 →

V104, Palma Villa in numbers

  • Sold twice: first on 7 September 2017 for AED 4,466,888, last on 9 June 2023 for AED 4,450,000 (AED 1,220 per sqft).
  • Rented since June 2019 on 4 Ejari contracts, from AED 140,000 to AED 154,000 a year.
  • At AED 154,000 a year the gross yield on the 2023 price is 3.5%, 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 9 June 2023.

Questions about V104, Palma Villa

What did villa V104 last sell for?

AED 4,450,000 on 9 June 2023: AED 1,220 per sqft for 3,645 sqft. The villa has 2 registered sales; the first was AED 4,466,888 in September 2017.

What is the rent for villa V104?

AED 154,000 a year on the contract renewed on 15 August 2022. The previous contract, from July 2021, was AED 140,000; the villa has been rented since June 2019.

How big is villa V104?

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

What is villa V104 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 V104, Palma Villa

Starts from the last sale price (AED 4.45M, 9 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,450,000
Deposit, UAE resident (20%)
AED 890,000
Deposit, non-resident (40%)
AED 1,780,000
Monthly over 25 years at 3.7%
AED 18,206

Plus AED 191,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →