5-bed · 3,586 sqftPalma Villa, Arabian Ranches 2 · completed 2016

V111, Palma Villa

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V111 · DLD and Ejari recordsUpdated 13 December 2022
Last soldAED 4.5M13 December 2022
Current rentAED 179K /yr25 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V111, Palma Villa

What is V111 worth today?

Last sold for AED 4,500,000 in 2022

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13 Dec 2022SoldReady
AED 4,500,000AED 1,255 per sqft
25 Mar 2022RentedRenewal
AED 178,500/yr12 months · AED 50 per sqft
25 Mar 2021RentedRenewal
AED 178,500/yr12 months · AED 50 per sqft
25 Mar 2020RentedRenewal
AED 178,500/yr12 months · AED 50 per sqft
25 Mar 2019RentedRenewal
AED 178,500/yr12 months · AED 50 per sqft
13 Nov 2014Sold by developerOff-plan
AED 4,551,888AED 1,269 per sqft

Source: Dubai Land Department. Updated 13 December 2022.

Key facts

Type
5-bed villa
Size
3,586 sqft
Developer
Emaar
Completed
2016
Service charge
AED 8,700 /yr
Last sold
AED 4.5M · December 2022
Community
Palma Villa

About V111, Palma Villa

V111 is a five-bedroom villa of 3,586 sqft in Palma Villa, a villa community in Arabian Ranches 2 completed in 2016 by Emaar. It last sold on 13 December 2022 for AED 4,500,000, or AED 1,255 per sqft, 4% above the AED 1,209 five-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 25 March 2022, is AED 178,500 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 8,700 a year.

Sales and rents for V111 over time

Sales
Villa V111, each saleTypical five-bed in Palma Villa
4.5M5M2014201720202023Typical sale price by year: 2014 AED 4,657,888; 2015 AED 4,505,888; 2016 AED 4,572,888; 2017 AED 4,411,444; 2022 AED 4,335,000; 2023 AED 4,700,000; 2024 AED 5,100,000Sold by developer, November 2014: AED 4,551,888 (AED 1,269 per sqft)Sold, December 2022: AED 4,500,000 (AED 1,255 per sqft)

V111 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa V111, each contractTypical five-bed in Palma Villa
200K300K2016201920222025Typical rent by year: 2016 AED 220,000; 2017 AED 210,000; 2018 AED 179,517; 2019 AED 175,000; 2020 AED 161,000; 2021 AED 170,500; 2022 AED 237,500; 2023 AED 260,000; 2024 AED 315,000; 2025 AED 325,000Renewal, March 2019: AED 178,500 a yearRenewal, March 2020: AED 178,500 a yearRenewal, March 2021: AED 178,500 a yearRenewal, March 2022: AED 178,500 a year

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

5-beds in Palma Villa, and where V111 sits

All 40 5-beds →

V111 last sold in December 2022 at AED 1,255 per sqft, 4% above what five-beds in Palma Villa were fetching at the time (AED 1,209). V111's AED 178,500 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
24 Jul 20256,350,000
28 Apr 20256,225,000
22 Nov 20246,000,000
4 Jun 20244,990,000
0 5-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 →

V111, Palma Villa in numbers

  • Sold twice: first on 13 November 2014 for AED 4,551,888, last on 13 December 2022 for AED 4,500,000 (AED 1,255 per sqft).
  • Rented since March 2019 on 4 Ejari contracts, at AED 178,500 a year.
  • At AED 178,500 a year the gross yield on the 2022 price is 4.0%, before a service charge of about AED 8,700 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 13 December 2022.

Questions about V111, Palma Villa

What did villa V111 last sell for?

AED 4,500,000 on 13 December 2022: AED 1,255 per sqft for 3,586 sqft. The villa has 2 registered sales; the first was AED 4,551,888 in November 2014.

What is the rent for villa V111?

AED 178,500 a year on the contract renewed on 25 March 2022. The previous contract, from March 2021, was AED 178,500; the villa has been rented since March 2019.

How big is villa V111?

3,586 sqft (333.2 sqm): a five-bedroom villa in Palma Villa, completed in 2016.

What is villa V111 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 V111, Palma Villa

Starts from the last sale price (AED 4.5M, 13 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus AED 194,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →