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

V109, Palma Villa

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V109 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 4.75M25 April 2024
Current rentAED 255K /yr7 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V109, Palma Villa

What is V109 worth today?

Last sold for AED 4,750,000 in 2024

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25 Apr 2024SoldReady
AED 4,750,000AED 1,485 per sqft
7 May 2023RentedNew contract
AED 255,000/yr12 months · AED 80 per sqft
7 Sep 2022RentedRenewal
AED 195,000/yr12 months · AED 61 per sqft
7 Sep 2021RentedNew contract
AED 185,000/yr12 months · AED 58 per sqft
7 Sep 2020RentedNew contract
AED 135,000/yr12 months · AED 42 per sqft
15 Sep 2019RentedNew contract
AED 155,000/yr12 months · AED 48 per sqft
1 Aug 2017RentedRenewal
AED 187,927/yr12 months · AED 59 per sqft
1 Aug 2016RentedNew contract
AED 195,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
3-bed villa
Size
3,197 sqft
Developer
Emaar
Completed
2016
Service charge
AED 7,800 /yr
Last sold
AED 4.75M · April 2024
Community
Palma Villa

About V109, Palma Villa

V109 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 25 April 2024 for AED 4,750,000, or AED 1,485 per sqft, 12% above the AED 1,329 three-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 7 May 2023, is AED 255,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 7,800 a year.

Sales and rents for V109 over time

Sales
Villa V109, 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 by developer, November 2014: AED 3,677,888 (AED 1,150 per sqft)Sold, April 2024: AED 4,750,000 (AED 1,485 per sqft)

V109 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa V109, 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, August 2016: AED 195,000 a yearRenewal, August 2017: AED 187,927 a yearNew contract, September 2019: AED 155,000 a yearNew contract, September 2020: AED 135,000 a yearNew contract, September 2021: AED 185,000 a yearRenewal, September 2022: AED 195,000 a yearNew contract, May 2023: AED 255,000 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 V109 sits

All 41 3-beds →

V109 last sold in April 2024 at AED 1,485 per sqft, 12% above what three-beds in Palma Villa were fetching at the time (AED 1,329).

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 →

V109, Palma Villa in numbers

  • Sold twice: first on 13 November 2014 for AED 3,677,888, last on 25 April 2024 for AED 4,750,000 (AED 1,485 per sqft).
  • Rented since August 2016 on 7 Ejari contracts. The rent fell from AED 195,000 to AED 135,000 in 2020 and recovered to AED 255,000 by May 2023.
  • At AED 255,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 7,800 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 25 April 2024.

Questions about V109, Palma Villa

What did villa V109 last sell for?

AED 4,750,000 on 25 April 2024: AED 1,485 per sqft for 3,197 sqft. The villa has 2 registered sales; the first was AED 3,677,888 in November 2014.

What is the rent for villa V109?

AED 255,000 a year on the contract signed on 7 May 2023. The previous contract, from September 2022, was AED 195,000; the villa has been rented since August 2016.

How big is villa V109?

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

What is villa V109 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 V109, Palma Villa

Starts from the last sale price (AED 4.75M, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,750,000
Deposit, UAE resident (20%)
AED 950,000
Deposit, non-resident (40%)
AED 1,900,000
Monthly over 25 years at 3.7%
AED 19,434

Plus AED 204,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →